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From: Donna Kerrigan Sent: 5/27/2019 4:09:02 PM To: Stewart 0ldfield Subject: RE: Southern financial Hi - I'm in lax for a few days with Andrew and the Exco, I'll be back in the office on Friday. Happy to chat but Andrew is not expecting any revenue from this client as we adjusted his 2019 t
soon as possible as these should have been moved in an earlier restatement. Thanks, Donna Sent with BlackBerry Work (www blackberry corn) From: Robert Frohlich CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0065398 CONFIDENTIAL SDNY_GM_00211582 EFTA01371835
ow (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 derive
teward Oldfield 73.2 360.7 110.0 Qj which: Southern Financial (49.2) 0.0 Southern Financial I louse Ace (7.4) (85.0) n.a. <iinage001.gif> Robert Frohlich Deutsche Bank AG. Fatale New York Wealth Management • New York, NY, USA CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0065399 CONFI
flow (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 MI as pan of the target setting process but given that we weren't directly involved in how your 2019 number was derived
From: Robert Frohlich Sent: 5/24/2019 2:52:03 PM To: Stewart Oldfield CC: Leslie Roth Subject: Southern financial [CI Classification: Caddenlial Hi Stewart. ; Do
Hi All - As agreed with Patrick and Andrew, all revenues, NNA, etc. for Souther Financial dating back to Jan 1st 2018 should be moved to House so Stewart is not impacted by the asset outflow
soon as possible as these should have been moved in an earlier restatement. Thanks, Donna Sent with BlackBerry Work (www hi ackherm coin) From: Robert Frohlich ‹ > Date: Friday, May 24, 2019, 2:52 PM To: Stewart Oldfi Cc: Leslie Roth Donna Kerrigan -ca' Subject: Southern financial iCi Classification: C
erri Sohrab To: Stewart 0ldfield Subject: Client Account [CI Classification: Confidential Hi Stewart / Tern, I have agreement from Patrick and Andrew to move the Epstein relationship into a Central business area so the anticipated NNA Outflows will not be reported against your name/team. Kind reg
From: Donna Kerrigan [ Sent: 1/4/2019 11:48:5 AM CC: Robert Frohlich Leslie Roth ; Terri Sohrab To: Stewart 0ldfield Subject: Client Account [CI Classification: Confidential Hi Stewart / Tern, I have agreement
flow (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 derive
To: Andrew Gallivan Subject: FW: Southern financial ICI Classification: Confidential Let's discuss this one when you get a chance. Thanks From: Robert Frohlich Sent: Friday, May 24, 2019 2:52 PM To: Stewart Oldfield < Cc: Leslie Roth Donna Kerrigan Subject: Southern financial (CI Classification: Confid
Oldfield Sent: 5/26/2019 11:32:21 AM To: Donna Kerrigan Subject: Re: Southern financial [C) Are you in next week? Let's have a quick chat with Andrew since there is quite a bit of 2019 revenue on the account that he may not want elsewhere. Thanks Stewart Oldfield, CFA, CAIA Deutsche Bank Trust C
soon as possible as these should have been moved in an earlier restatement. Thanks, Donna Sent with BlackBerry Work (www blackbern corn) Front: Robert Frohlich <alltridb.com> Date: Friday, May 24, 2019 2:52 PM To: Stewart Oldficld db.com> Cc: Leslie Roth . Donna Kerrigan •=: > Subject: Southern financia
Entities connected to both Prince Andrew and Robert Frohlich

Jeffrey Epstein
PERSON
Martha Stewart
PERSON
Stewart Oldfield
PERSONDeutsche Bank Securities Inc.
ORGANIZATIONKimberly Hart
PERSON
Deutsche Bank
ORGANIZATIONDonna
PERSONBlackBerry Work
ORGANIZATIONDonna Kerrigan
PERSONLeslie Roth
PERSONSouthern Financial House
ORGANIZATIONPershing
LOCATIONSouther Financial
ORGANIZATIONSouthern Financial House Ace
ORGANIZATION