EFTA01582954.pdf

Is this entity a Private Equity Fund (Venture Capital Fund or No Leveraged Buyout)? Is this a Hedge Fund? (Pooled Investment vehicles rotten No partnerships) that primarily invest financial capital of third party investors in enterprises that are too risky for the standard capital markets or bank loans.) Is this a Cash Intensive business? (Ca sh•intensive No businesses/entities exist In various Industry sectors and Include, but are not limited to convenience stores, grocery stores, restaurants, bars, retail stores. liquor stores, cigarette distributors, privately owned ATMs. vending machine operators and parking garage operators.) Is this entity any of the following business types? as None of the above Is the Entity a Personal Holding Company (PHC) or Personal No Investment Company (PIC) located in an offshore Jurisdiction? Business Case Please specify why you are comfortable with this client given 1Ne are in the process of exiting the client from the rum - senor the Identified risk factor(s). Your answer is your "business mann is aware and has communimied as such to the client . case" and should detail all mitigating factors. accounts are in transition now. Provide client history/detail. including when the relationship We are in the process of exiting the Brent from the firm. was established. how It came to be in PB/PWM, clients association with other JPM LOBS. etc. Client known to whom (JPMorgan employees). how well, and VVe aro in the process of exiting the colationship from the firm. how long: Overall PB/PWM relationship size and type of accounts: We are in the process of exiling the client from the fine: Is this a shared client, what other LOB has a relationship with No • we are in the process of exiting the client from the firm. the client? Provide relationship manager name (if known), client of other LOB since (date), and relationship size? When was the last time you met the client? What was the Client conversation with senior mgrof (John Duffy) pass quarter reason for the meeting? MOM client was asked to leave the firm. This has been in execution stage for past low weeks. Describe any significant changes in the clients information Client is moving assets from the firm and closing accounts - or material events that may have occurred over the last year transition is active. (Examples: address changes, change in authorized persons on accounts. change in account type. change in business. change in net worth. etc.). Cash Activity: Summarize client cash activity during the See above - relationship is leaving the firm. period reviewed and explain the purpose I use of the funds: Wire Activity: Summarize client wire activity during the See above - relationship is leaving the finn. period reviewed and explain the purpose / use of the funds. Including any International/cross border wires: Before answering the following question please review the Yes Annual Account History Activity Summary Report that has been attached In the Summary tab. Did the actual transaction activity appear reasonable, normal, and expected for the type of business or Industry In which the client engages? Was the nature, value, and volume of actual transaction Yes activky consistent with expected transaction activity? Was any unusual or potentially suspklous transaction No activity detected? Additional Comments As noted above - senior management has asked the client to leave the firm and move their business lo another institution - in progress. All arc activity related lo movement of assets from JP Morgan PB. Expected Activity Deposit Account(s) Transaction Types Expected Activity Levels Anticipated Dollar Amount Totals per Month Cash Oaposas Low (1.10) c$10,000 Cash Withdrawals Low (1.10i v$10.000 Check Deposits Low 0-10) <$10.000 Chocks Paid Low (1.10) c$1000 Incoming Wros (Domestic) Out9oingyAres (Domestic) Incoming Wres (International) Outgoing Wires (International) ACH Deposits ACH Payments Low (1.10) 510.000 TO 550.000 Inlemal Transfer (Dobitscredits) Low (1.10) 550,001 TO 5100.000 Asset PurchasesSales What is the initial/ongoing source of funding for the clients Deposit Account(s)? This Xs a 3 year review. The account has already been landed. Any ongoing source of funding vall he from assetsobtained through personal investments and from internal transfer of funds from personal account held al JPMorgan. What Is the purpose/intended use of accounts) Please provide a detailed description of how the Deposit Accounts) will be used by the client. The purpose of this account is to pay day to day expenses that the LLC inourrs Review the activity for the period overall and explain how the clients transaction profile agrees with or doesn't agree with expectations for the client based on the client relationship (purpose of accounts, occupation. business activity. etc.): Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00062539 EFTA01582954