From: jeffrey E. beevacation@gmail.comj Sent: 1/8/2016 3:14:06 PM To: Daniel Sabba CC: ; Richard Kahn • Ariane Dwyer Subject: e: e: Vahe Stepanian quarterly stc yes , talk to rich kahn , lets wait until tomorw morhing will call beforeth opeing On Fri, Jan 8, 2016 at 4:09 PM, Daniel Sabba wrote: Jeffrey, Can you please confirm: a. Whether you would like us to indicate Southern financial going long AAPt. on TRS b. Whether we should price ly expiry of the TRS c. What reset frequency would you like us to price? Monthly / quarterly / etc? d. If you decide to transact once we have the indication, would you like us to execute VWAP to close? Best regards, Daniel From: Jeffrey E. [mailto:leevacation©gmail.com] Sent: Friday, January 08, 2016 2:52 PM To: Paul Morris; Daniel Sabba; Richard Kahn Subject: Re: just typing you an eaill , lets do a total return swap 250,000 apple On Fri, Jan 8, 2016 at 3:50 PM, Paul Morris < wrote: Hope you're well let's find few minutes to connect early next week. Thanks This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. please note CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 119578 CONFIDENTIAL SDNY_GM_00265762 EFTA01459267