EFTA01387699

From: Martin Zeman Sent: 7/20/2018 10:53:53 AM To: 'Paul Barrett (U CC: Stewart Oldfield Subject XPO Logistics - Takeaways from mgmt. meeting Please see the 2-pager, will call you in a bit. Martin Martin Zeman Director I Key Client Partners Deutsche Bank Wealth Management DB Securities Inc 54-0CO4 New York, NY. USA KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the F/NRA Rule 4512(C)(3). and who are capable of evaluating the strategies. characteristics and investment risks of. and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of DBSI or its affiliates prior to execution. and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. Key Client Partners (KCP) products, investment ideas and solutions and related matters discussed herein are provided for discussion purposes only, and strictly on a non- advisory basis. The KCP Americas desk does not provide investment advice. The information set forth herein is confidential and personal to you and is being presented for your information end for discussion purposes only Any reproduction and/or redistnbution thereof (in whole or in pert) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DB& or any of its affiliates. From: Amit Mehrotra - Deutsche Bank imailto:Ftl ] Sent: Thursday, July 19, 2018 4:06 PM To: Martin Zeman < Subject: XPO Logistics - Takeaways from mgmt. meeting Deutsche Bank Research XPO Logistics Takeaways from mgmt. meeting 19 July 2018 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0090794 SDNY_GM_00236978 EFTA01387699