EFTA01417049.pdf

Subject: Southern financial [C] From: Robert Frohlich Date: Fri, 24 May 2019 14:52:03 -0400 To: Stewart Oldfield Cc: Leslie Roth Donna Kerrigan Classification: Confidential Hi Stewart, Below is the complete picture of your financials in USD for 2018 and 2019 YTD including Southern Financial. This goes back to the question as to whether the 2019 YTD Southern Financial revenues of $363k currently mapped to a House account should be mapped back to your name alongside the $-85m NNA outflow (no further flows and revenues expected). As you know, we manually removed the Southern Financial revenues from your 2018 data when we provided Andrew with last year's revenues by RM as part of the target setting process but given that we weren't directly involved in how your 2019 number was derived I suggest you discuss directly with him and we can then act accordingly. If the decision is to not change anything then I suggest Leslie will map the remaining 2018 revenues and flows which are still mapped to your name and we missed out on (for whatever reason) to a House account and there will be no impact on your 2019 financials. USD FY18 Actuals Apr19 YTD FY19 Target Revenues Steward Oldfield 3,576,567 1,600,929 4,026,207 EFTA01417049 Of which: Southern Financial 703,616 0 n .a. Southern Financial House Acc. 486,673 363,457 n .a. NNA (in $m) Steward Oldfield 73.2 360.7 110.0 Of which: Southern Financial (49.2) 0.0 n .a. EFTA01417050 Southern Financial House Acc (7.4) (85.0) n.a. Let us know. Kind regards, Rob Frohlich fhttps://brandportal.intranet.db.com/img/modules/logo.gifl Robert Frohlich Deutsche Bank AG, Filiale New York Wealth Management - ew York, NY, USA EFTA01417051