EFTA01255933

Classification: For internal use only fYi Paul Morris Managing Director Deutsche Bank Asset & Wealth Management 345 Park Avenue 27th Floor Forwarded by Paul Morris/db/dbcom on 05/15/2013 1215 PM 05/14/2013 C6:42 PM Epstein ti) 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_00065179 CONFIDENTIAL - PURSUANT TO FED. R.ctON(F IDENTIAL DB-SDNY-0028004 EFTA_001 75679 EFTA01255933