From: Vahe Stepanian Sent: 12/4/2015 1: To: Richard Kahn CC: Daniel Sabba Ariane Dwye Stewart Oldfield [[email protected] Subject: Dispersion Call Option [C) Classification: Confidential Paul Morris Rich - please note that

From: Vahe Stepanian Sent: 10/30/2015 4:29:05 PM To: jeffrey E. [jee Richard Kahn CC: Daniel Sabha • Ariane Dwye ; Paul Morris Stewart Oldfield Subject: RE: JPY/KRO Cal Classification: Confidential Jeffrey — please confirm, buy JPY 1,200,000,000 (vs. KRO)

From: Vahe Stepanian Sent: 8/14/2015 10:32:36 AM To: jeffrey E. ueevacation mail.corn CC: Daniel Sabb ; Ariane Dwye Paul Morris Stewart Oldfielt ; Richard Kahn [ Subject: FW: (BFW) Avalanche Bio Falls After Scrapping Plans for Ph. Classification: Confidential

From: jeffrey E. [[email protected]] Sent: 5/4/2015 10:07:56 AM To: Vahe Stepanian CC: Paul Morris Sabba ); Ariane Dwye Richard Kahn Subject: Re: DB James Malcolm: Are the Sol shifting stance? Own some cheap optionality (CI these prices seem wrong. please send me