EFTA00845466.pdf

From: "A. de Rothschild" <1 To: Jeffrey Epstein <[email protected]> Subject: Fwd: The Rothschild Name Date: Tue, 22 Sep 2015 20:44:07 +0000 Attachments: Paris Orl ans Statuts MAJ 20141128_clean.pdf; ATT00001.htm Ariane de Rothschild Debut du message transfers : Expediteur: "TOBIANO, Cynthia" Date: 22 septembre 2015 14:49:3 UTC+2 Destinataire: 'Jacob Rothschild' Objet: Rep : The Rothschild Name Dear Lord Rothschild, I fully agree with you. For reference I attach what seems to be the latest version of the A0l of the Company. The closest for me would be Article 11.3 which I understand as David and Eric have to agree but on the contrary if they do so then the transaction can go through without any impact on the name i.e. stay as is and no lose of the Rothschild patronym. Let's assume that they do want to add this do their by laws, 1. Then it means that the minute there is a change of control not involving the family then indeed it is a de facto write off of 150M€ 2. One could also challenge (but I am not a lawyer) whether the lose of value is not larger given all the other Rothschild related names that they use Now one need to clarify one thing. What they have activated on their balance sheet is the commercial name. If we were to set up a family holding for the brand R, this would not necessarily and completely write off their 150 M€ book value. This is why this has been one of the long standing option proposed by Benjamin and Ariane. We do believe that we could do such a scheme and articulate each branch name usage as a derivative to the central R. Each time, David and Eric came back with a different objection (tax, legal, accounting...) so I wouldn't be able to tell you what's really driving their opposition. I do hope that I have address your points. Kind regards Cynthia Tobiano De : Jacob Rothschild [mailto petoye : mardi 22 septembre 2015 12:56 A : TOBIANO, Cynthia Objet : The Rothschild Name Dear Cynthia Looking through old correspondence I see that Eric de Rothschild wrote to me on 23rd January 1992 saying that a point he felt very strongly about was that if the family were to sell or lose control of their company that the use of the name EFTA00845466 should be discontinued and he goes on to say "such undertakings should be part of the Articles of Incorporation of the company". I think I'm right in saying that the Articles of Incorporation of the company has no such clause? Given that the company put a value of €150million on its goodwill in its accounts it would seem impossible for such a clause to be adopted now ? I'd be interested in your reactions please to this point. Best wishes Yours Jacob Rothschild Internet Communications are not secure and therefore RIT Capital Partners plc (registered in England 8t Wales no. 2129188) and/or J. Rothschild Capital Management Limited (registered in England 8t Wales no. 2201053), both of 27 St James's Place, London, SW1A 1NR do not accept legal responsibility for the contents of this message. Any views or opinions presented are solely those of the author and do not necessarily represent those of RIT Capital Partners plc and/or ).Rothschild Capital Management Limited unless otherwise specifically stated. 3. Rothschild Capital Management Limited is authorised and regulated by the Financial Conduct Authority. This email has been scanned for viruses and malware, and may have been automatically archived by Mimecast Ltd. ",ecoattitude.gi Ensemble adoptons des gestes responsables : ce mail f que si nécessaire. Ce message et ses annexes sont strictement confidentiels et établis à l'attention exclusive des destinataires prévus par l'expéditeur. Si vous n'êtes pas le destinataire de ce message, nous vous remercions de le détruire immédiatement et avertir l'expéditeur. Toute utilisation ou diffusion non autorisée de ce message et de ses annexes est interdite. Tout message électronique est susceptible et son intégrité ne peut être assurée. Edmond de Rothschild (France) ne pourra être tenu pour responsable des erreurs ou omissions contenues dans ce message. Ce message ne constitue en aucun cas un engagement de Edmond de Rothschild (France), sous réserve de tout accord par écrit entre vous et Edmond de Rothschild (France). Conformément A la Loi Informatique et Libertés, n°78-17 du 6 juillet 1978, modifiée par la loi n°2004-801 du 6 août 2004, toute personne a le droit Edmond de Rothschild (France) en vue de savoir si les traitements automatisés dont il dispose contiennent des informations nominatives la concernant, les faire rectifier ou les faire supprimer. Français I Eng&I Italiano I Deutsch I Espanol I Chinese Edmond de Rothschild (France) - tous droits réservés EFTA00845467