Epstein Secrets

r* Trust Company Americas Deutsche Bank Wealth Management 345 Park Avenue New York, NY 10154 PKIII-10-1".-h -PeAlbyrkt Securities offered through Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 119932 CONFIDENTIAL SDNY_GM_00266116 EFTA01459493

J out, would like to get you up to speed on a few things. In the meantime, could you give me a list of companies that are covered by George Hill and Karl Keirstead in DB Research and pull the most recent reports they've written? I set up a subscription for the new ones. Thanks Stewart Oldfield, CFA, CAIA Dir

utsche Bank Wealth Management 345 Park Avenue. New York NY 10154 Tel. Mobi Emai fcid:[email protected] Securities offered through Deutsche Bank Securities Inc. EFTA01477092

out, would like to get you up to speed on a few things. In the meantime, could you give me a list of companies that are covered by George Hill and Karl Keirstead in DB Research and pull the most recent reports they've written? I set up a subscription for the new ones. Thanks fcid:[email protected]

e decrease our 2017 FF0 estimate from $6.08 to $6.04 largely on more conservative development assumptions. Sates Ostarcht Bark carymny dais, Mona, Deutsche Bank Securities Inc. Page 31 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0092251 CONFIDENTIAL SDNY_GM_00238435 EFTA01388603

potential weakness in the tech environment potentially changing the demand dynamic at Santana; and update on Splunk (SPLK: DB Buy rated, USD56.71 by Karl Keirstead) space and how much of their leased space they will occupy in January. • Update on 4 remaining Sports Authority locations to lease • Update on t

e decrease our 2017 FF0 estimate from $6.08 to $6.04 largely on more conservative development assumptions. Sates Ostarcht Bark carymny dais, Mona, Deutsche Bank Securities Inc. Page 31 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0093282 CONFIDENTIAL SDNY_GM_00239466 EFTA01389064

potential weakness in the tech environment potentially changing the demand dynamic at Santana; and update on Splunk (SPLK: DB Buy rated, USD56.71 by Karl Keirstead) space and how much of their leased space they will occupy in January. • Update on 4 remaining Sports Authority locations to lease • Update on t

0% 0.0% 0.0% 2.2% 2.0% 4.2% 1.5% 2.9% 4.5% 4.0% -1.3% 2.7% 4.4% -0.6% 3.8% 3.1% -3.0% 0.1% EFTA01476509 US Equity Insights 20 November 2015 Deutsche Bank Securities Inc. Page 41 Figure 70: What to buy now (mid and small caps)? DB Buy-rated non-S&P 500 stocks in our OW industries with market cap > $800m, PE on 2015

lawell Ross Sandler Bryan Keane 21% Ashish Sabadra 95% 15% 23% 24% 88% 27% Bryan Keane Bryan Keane Ross Seymore Ross Seymore Vish Shah Karl Keirstead 49% Nandan Amladi 66% Nandan Amladi EFTA01476512 36% Nandan Amladi Price 38.71 14.53 14.31 61.53 82.83 26.73 32.46 145.04 45.21 151.5