Epstein Secrets

) Roadshow: 10/6 — Management presentations 10/7 - NY 10/8 — Mid Atlantic 10/9 - NY 10/12 — Boston 10/13 — Chicago 10/14 — Midwest 10/15 — West Coast Bookrunners: Deutsche Bank Citigroup Raymond James RBC EFTA00843562 FBR Co-managers: Janney Montgomery Scott Oppenheimer Wunderlich The

dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by mail from Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10016, or by email at prospectus.cpdg db.com This communication may contain confidential and/or privileged info

se) Roadshow: 6/22 — Management presentations 6/23 - New York 6/24 - New York (Group Lunch) 6/25 — Boston 6/26 — Mid-Atlantic 6/29 - Flex Day (West Coast / Midwest) 6/30 - New York / Pricing Group Lunch Details: New York: 6/24 — 12:30pm St. Regis Hotel EFTA00852986 2 East 55th St La Maisonnett

y dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by mail from Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10016, or by email at This communication may contain confidential and/or privileged information. If you are not

d activity was hampered by numerous winter storms. This likely depressed discretionary purchases and hurt construction activity. Two, a slowdown in West Coast port activity, a function of labor strife, may meaningfully dent Q1 exports. This will likely reverse next quarter as the labor issues have been re

AS If /Ch.M. t NA. cf 120. 145.3 144.44 140 170 1 106 BO 40 1. , 1 e3312 2010 2015 20..444 M1Y 344 14044 .6601742 DOLZSCASSorS/bnirclo Deutsche Bank Securities Inc. Page 45 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SONY-0116649 CONFIDENTIAL SDNY_GM_00262833 EFTA01457205

ast, South East Thomas O'Rorke Director, KCP U.S. Sales New York, Mid Atlantic, Mid & South West Tazia Smith Director, KCP U.S. Sales New York, West Coast Matt Glassman P U.S. Sales even Quinn Associate, KCP U.S. ay ipman Analyst, KCP U.S. Ariane Dwyer Analyst, KCP U.S. Melissa Mittelman Analy

Deutsche Bank. These trading and investment ideas are not necessarily consistent with trading and investment ideas provided by other persons within Deutsche Bank Securities Inc. or with the views of the Research Department of Deutsche Bank. This is not an offer, recommendation or solicitation to buy or sell, nor is it an o

expect the slowdown vs. H16 to be gradual with 90bps of deceleration in 30 (DBe: +4.1%) followed by another 70bps in 4Q (DBe: +3.4%) • Update on West Coast markets, most notably softness in SF (new supply; increased concessions; slowing tech job growth) and resilience of demand in Seattle (job growth ou

Q core FFO/sh guidance of $2.05-$2.11 (DBe: $2.08), 3Q FFO/sh guidance of $2.14-$2.20 (DBe: $2.18) Son aratiche Sark canary thee. Martian Page 16 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0092236 CONFIDENTIAL SDNY_GM_00238420 EFTA01388595

W announced -$400MM of acquisitions and $207MM of dispositions in the multifamily portfolio in 30 Update on multi-family demand and fundamentals in West Coast markets Update on the company's leasing efforts of its SoCal commercial portfolio • Development pipeline progress and impact on NOI Update on the

on NOI Update on the KW and KWE (KWE.LON: DB Hold rated, 1002GBp by Oliver Reiff) share repurchase programs 504000 Dandy Bent convey aids Page 42 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0092262 CONFIDENTIAL SDNY_GM_00238446 EFTA01388612

d activity was hampered by numerous winter storms. This likely depressed discretionary purchases and hurt construction activity. Two, a slowdown in West Coast port activity, a function of labor strife, may meaningfully dent Q1 exports. This will likely reverse next quarter as the labor issues have been re

AS If /Ch.M. t NA. cf 120. 145.3 144.44 140 170 1 106 BO 40 1. , 1 e3312 2010 2015 20..444 M1Y 344 14044 .6601742 DOLZSCASSorS/bnirclo Deutsche Bank Securities Inc. Page 45 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0087426 CONFIDENTIAL SDNY_GM_00233610 EFTA01385958

W announced -$400MM of acquisitions and $207MM of dispositions in the multifamily portfolio in 30 Update on multi-family demand and fundamentals in West Coast markets Update on the company's leasing efforts of its SoCal commercial portfolio • Development pipeline progress and impact on NOI Update on the

on NOI Update on the KW and KWE (KWE.LON: DB Hold rated, 1002GBp by Oliver Reiff) share repurchase programs 504000 Dandy Bent convey aids Page 42 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0092969 CONFIDENTIAL SDNY_GM_00239153 EFTA01388955

W announced -$400MM of acquisitions and $207MM of dispositions in the multifamily portfolio in 30 Update on multi-family demand and fundamentals in West Coast markets Update on the company's leasing efforts of its SoCal commercial portfolio • Development pipeline progress and impact on NOI Update on the

on NOI Update on the KW and KWE (KWE.LON: DB Hold rated, 1002GBp by Oliver Reiff) share repurchase programs 504000 Dandy Bent convey aids Page 42 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093293 CONFIDENTIAL SDNY_GM_00239477 EFTA01389067