EFTA01384453.pdf

From: Martin Zeman Sent: 9/20/2017 12:56:54 PM To: Paul Barrett Richard Kahn CC: Xavier Avila oshua Shosha Daniel-E Kaiser (— Stewart Oldfield ; Vahe Ste Davide-A Sferrazza 'am Osullivan Subject: Great to meet you. Attachments: The Next Financial Crisis.pdf Paul, Richard, It was a pleasure meeting you both this morning. As a follow-up, we will prioritize the ISDA re-activation so we can get going as soon as possible. In the meantime, we can start sending you trade ideas that we find interesting. Attached is a research piece Jim Reid (Deutsche Bank's most read analyst) published on Monday discussing where the Next Financial Crisis could come from. Clearly he doesn't agree with Nassim Taleb's black swan theory, but it's an interesting read. Follow-up items: Research access Flowchart for the rest of the team Electronic communications form Grid on pricing Equities pricing agreed: - $0.04 per share Options - $3.00 per contract (≥ $1 premium) - $1.00 per contract (< $1 premium) We all look forward to working with you. Martin Martin Zeman Director I Key Client Partners Deutsche Bank Wealth Management DB Scarifies Inc Y, USA KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the FINRA Rule 4512(C)(3), and who are capable of evaluating the strategies, characteristics and investment risks of, and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of OBS/ or its affiliates prior to execution, and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. Key Client Partners (KCP) products, investment ideas and solutions and related matters discussed herein are provided for discussion purposes only, and strictly on a non- advisory basis. The KCP Americas desk does not provide investment advice. The information set forth herein is confidential andpersonal to you and is being presented for your information and for discussion purposes only. Any reproduction ancYor redistribution thereof (in whole or in part) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DB& or any Wits affiliates. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0084649 CONFIDENTIAL SDNY_GM_00230833 EFTA01384453