Peareidwirr Perfermt Securities offered through Deutsche Bank Securities, Inc. From: Paul Morris Sent: Tuesday, November 10, 2015 11:09 AM To: Chip Packard Subject: Southern Financial [C] Classification: Confidential JE called, he requested coverage change, not working with DS, before I reach out to Todd wanted to discuss, between new investor sales/me /Stew we should be able to cover and increase flow business. Paul Morris Managing Director Deutsche Bank Private Bank CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 118932 CONFIDENTIAL SDNY_GM_00265116 EFTA01458833