Classification: For internal use only fyi Paul Morris Managing Director Deutsche Bank Asset & Wealth Management 345 Park Avenue, 27th Floor New Y Offi Cell: Forwarded by From To Cc Date Subject on 05/15/2013 1215 PM 0914/2013 C6:42 PM Epstein [I) Classification: For internal use only Spoke with both Caruso and Polizzotto. Neither suggest this requires rep risk and we can move ahead so long as nothing further is identified through KYC and AML client adoption. Chip Packard Managing Director Co-Head, Wealth Management Americas Deutsche Asset and Wealth Management Securities offered through Deutsche Bank Securities Inc. SDNY_GM_00065221 CONFIDENTIAL - PURSUANT TO FED. R.CON(F IDENTIAL DB-SDNY-0028046 EFTA_00I 75721 EFTA01299317