EFTA01369756

Deutsche Bank Wealth Management • Mr. Wechsler is the Vice-Chairman of the board of the NYU Hospital and Medical Center, a member of the Executive Committee, and chairs its Finance Committee. He also sits on the board of Math for America and is a member of the Academy of Motion Picture Arts and Sciences • Mr. Wechsler's wife, Patty Newburger, sits on the Board of Directors of Tribeca Film Institute Key Asks & Discussion Points • Key ask: to be one of Mr. Black's top investment providers going forward and to get a share of his current lending wallet o Mr. Black's wealth is currently highly concentrated between his stake in Apollo and his art, so he maintains a credit line for liquidity and investment. • While Mr. Black remains focused on running Apollo, Brad Wechsler is building the family office to diversify into other investments and continue to build/maintain wealth for future generations • Expected investment focus will be real estate and private companies, with additional public investments in more liquid underlyings. WM Background • DB client since April 2014 o Referred by Jeffrey Epstein, another top client and advisor to Mr. Black • JP Morgan has been a primary WM provider historically. Mr. Black has relationships with heads of all major financial institutions • Mr. Black has a small brokerage account with DB - Current DB AUM: $ • Opportunities: o Share of $500MM art loan currently held away o $100MM+ in new public market investments o Direct private market and real estate investments o Trading/financing solutions for concentrated equity position in Apollo Confidential CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00208390 DB-SDNY-0062206 EFTA01369756