From: Thomas Heidenberge Sent: 4/11/2016 To: Joseph Our CC: Andrew Kin: Subject: RE: Bios II) Attachments: Southern Financial LLC Pitch.pdf Paul Morris ll Classification: For Internal use only We still have not finalized slide 12 which is the "all in estimated fee" slide. Paul still needs to give us his blessing on how we are going to present that page with the updated HF fees. I have attached the draft that we reviewed in our previous meeting for your review. Thanks, Thomas Thomas P. Heidenberger Aceniate I DPM (VVM) - Americas, Multi Asset Group Deutsche Bank Trust Company Americas Deutsche Bank Wealth Management 345 Park Avenue, 25th Floor New York. NY 10154 Tel. +1 212-454-2221 Fax + Mob Email PART-in4VP44010Pt. Securities offered through Deutsche Bank Securities Inc. From: Joseph Dursi Sent: Monday, April 11, 2016 9:43 AM To: Thomas Heidenberger; Paul Morris Cc: Andrew King Subject: RE: Bios [I] Classification: For Internal use only Hi Thomas, CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 120888 CONFIDENTIAL SDNY_GM_00267072 EFTA01460022