From: Tazia Smith

From: Tazia Smith To: "jeffrey E." <[email protected]> Cc: Paul Mont , Vahe Ste panian Subject: BK Update... [C] Date: Fri, 19 Sep 2014 19:47:42 +0000 Inline-Images: unnamed; unnamed(1); unnamed(2); unnamed(3); unnamed(4); unnamed(5) ~11.Sd Kahn Classification: Confidential Jeffrey - FYI only: BK Spot = $39.77 Jan 40 calls 1.45 x 1.59 Jan 41 calls 1.02 x 1.11 Jan 42 calls .68 x .76 Away from your 1.20 limit on selling 1k of the 42s. TDS Source: Bloomberg Tazia Smith Director F Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Management Panda-R.1v Peer-eat Front Tazia Smith/db/dbcom To: leffrey E? leavacation@gmaitcom>. Cc: Richard Kahn Vahe Stepanian(dtgabcom@DBArnericas. Dale: 09119/2014 10:27AM Subject: Re: LC] Paul Morris EFTA01194380 Classification: Confidential Jeffrey - order to sell 1000 BK Jan 42 calls is entered at $1.20. Current market is $0.81 x $0.97. 41s= 1.24 x 1.39 43s = 0.54 x 0.63 Source: Bloomberg Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Mena ement Email PanitrpcitrPeefoan From: Tazia Smith/db/dbcom To: "jeffrey E." [email protected]>©DEUBAINT. Cc: Richard Kahn •,z > Date: 09/19/2014 10:22 AM Subject: [C) Classification: Confidential got it Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Management Email PanitrpcitrPeefoan EFTA01194381 From: "jeffrey E." <[email protected]> To: Tazia Smithidb/dbcom®DBAMERICAS. Richard Kahn Dale: 09/19/2014 10:20 AM Subject: Re: Alibaba Update $80-83. buy imbalance (CI sell 1000 jan 42 bk calls at 1.20 On Fri, Sep 19, 2014 at 10:10 AM, Tazia Smith < > wrote: Classification: Confidential Jeffrey - Alibaba not open yet, looking $80-83 last (vs. $68 price), but still on a buy imbalance on the NYSE. Will keep you posted. Let us know if this is something you want to sell, hold or add. Best Regards, Tazia From: Tazia Smith/dbklbcom To: palfrey epstein" <jeevacSti gmail.com>, Cc: "Paul Morris' Vahe Stepanian" "MG" .c >. Rich Kahn" Date: 09/19/2014 08:45 AM Subject: Moe [C] Classification: Confidential Jeffrey - You were allocated 2,000 Alibaba (BABA) at S68. TDS Tazia Smith Director Key Client Partners - US EFTA01194382 Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management E-mail: From: Nate Hall Sent: 09/19/2014 03:42 AM GMT Subject: *** PRICING DETAILS *** JOINT BOOKRUN IPO *** ALIBABA GROUP (NYSE: BABA) *** APPROVED FOR EXTERNAL DISTRIBUTION *** *** APPROVED FOR EXTERNAL DISTRIBUTION *** Issuer: Alibaba Group Holding Limited Symbol: BABA Deal size: 320,106,100 shares (38% primary / 62% secondary) plus 15% greenshoe (54% primary / 46% secondary) Offer price: $68.00 Exchange: NYSE Trade date: 9/18 Settlement date: 9/24 Bookrunners: Deutsche Bank Credit Suisse Goldman Sachs JPMorgan Morgan Stanley Citi EFTA01194383 The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site, at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611 or by mail from Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10016, or by email at prospectus.cp_dOdb.com This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01194384