EFTA Document EFTA01394836

KYC Print Page 1 of 21 DB PWM GLOBAL KYC/NCA: PART A KYC Case # : 01993196 One sheet must be established per relationship - list all accounts included in the relationship 1. Relationship Details Relationship Name: ZUECH, CHRIS RELATIONSHIP:00000683134 Booking Center: New York Relationship Manager: Stewart °Meld 0 New PWM Relationship K Existing PWM Relationship Relationship to PWM: If existing, please indicate since when the relationship exists, provide reason for new profile and attach old profile: How Was the Client(s) ■ Client Referral K RM Prospect K Intermediary/FIM 0 Other Source (CIB, etc.) Introduced? How long has the RM personally known the dient? Please provide details (e.g. name of referral source, how many years RM personally has known client, etc.): Client was introduced through the Head of Banking, Charlie Burrows. Does Deutsche Bank pay a retrocession or similar K Yes I 0 No compensation to a third party or the introduction of this relationship? (II yes, describe): List all existing and new accounts involved in this relationship Legal Entity Accounts) Account Name / Number Opening Date (intended/actual) I g Long Term Insured Credit Fund LLC 10/19/2018 Who is the primary contact person for the RM? (Note: This person needs to have signatory rights and/or information right for the accounts.): Christopher Jude Zuech Preferred method of contact(indicate phone no., fax no., e•mail address, etc.): 646-927-6089 Status 6. Approved https://dbforcepb.my.salesforce.corniservlet/servletIntegration?lid=01N30000000D9Diet... 12/19/2018 EFTA01394836 KYC Print Page 2 of 21 One sheet must be established for each account to be opened 2. Account Ownership Summary Account Name: Long Term Insured Credit Fund LLC Acct. Number (if available): Account Manager: Stewart Oldfield What is the purpose of the account (e.g. portfolio management, advisory account, custody services. longterm investment. payment/expense account)? Account is being set up to custody $250mn worth of bonds Indicate from where the assets are expected to arrive? 0 DB Group: Same Booking Center (indicate account number): K DB Group: Other Booking Center (Indicate DB location and account details): 2 Other Institution (Indicate name 8, location): Funds from various institutions K Physical Deposits (specify cash, securities, cheques....): What is the expected size and frequency of regular inflows and outflows for the account (indicate estimated number and volume per month)?: Incoming• 250mn in Fixed income bonds over life of fund 100,000 outgoing per every 2 months • residual interest going back to investors What is the expected volume of assets and currency for the account approx. 90 days after opening? 100000000 I Currency I USD What is the expected volume of assets and currency for the account approx. one year after opening? 250000000 I Currency I USD Does/will the client have Assets Under Management (AuM) within DB under Eur. 3M? 0 Yes 2 No Please fist all parties related to the account. For each party: • Check if a source of wealth description is required for the party • Check the appropriate box to describe the relationship of the party to this account (> 1 can be selected). • If none of the check boxes apply, describe the party's relation to the account in the "Other" column. • Always describe the relationship between the parties in the las column. • Please drill down to the ultimate/underlying Beneficial Owner(s . _egal Entityof Description Source of Wealth required Parties related to this account Account?IC Holder Owner Settlor of Trust / Founder of Foundation Jltimate 3eneficial Owner Signatory or Full clOA Limited POA Financial Intermediary (AM) Significant Shareholder (>=25%) Non-PIC entity (indicate ownership %) Other (please describe other roles and/or ndicate relationship between parties) 1 K 0 K William Raymond Vandewater 0 0 0 K 121 K 0 K Member of ESM Management LLC. 40% owner: 2 Zue Christopher Jude ch 0 • 0 K r ❑• 3 0 K Eric S Meyer 0 0 0 K N K 0 Managing member of ESM Management LLC. 60% owner: 4 David W Jelinek J 5 0 K Long Term Insured Credit Fund LLC 0 K • • 0 6 https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394837 KYC Print Page 3 of 21 R 0 ESM Management LLC 0 Managing Member: 7 2 MLC Investments Llmited El Ei L 0 0 MI Trustee:Trustee for both Low Correlation Strategy Trust and WM Pool Equities Trust No. 78* 8 2 2 Low Correlation Strategy Trust 0 37.4532% Investor; • • • • • 9 2 WM Pool Equities Trust No.78 0 K 0 39.6563 39.6563% Investor; J • • https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394838 KYC Print Page 4 of 21 One sheet must be established for EACH INDIVIDUAL PARTY In Section 2. Account Ownership Summar Individual's Name: David W Jelinek - Date of Birth: Country of Residence: United States Country of Citizenship: United States Address of primary residence: Has client resided outside of his/her country of nationally for 5 years or more? 0 Yes N No Profession/Occupation: Finance Tax ID / SSN: Current Employer: ESM Management LLC Position/Title/Rank: Authorized Signer Address of employer: 282 38TH STREET New York NY United States 10018 Does the person work as senior executive of a DB-recognized regulated entity in the financial industry? or an entity listed on a DB-recognised exchange? (Not icable for o eratin entities 0 Yes WI No Is the individual a Politically Exposed Person (PEP)?(// Yes, describe) K Yes ! No To the best of your knowledge. is the individual related to an employee of the D8 group?(!/ Family or Friendship, describe ) 0 Family 0 Friendship 41 None To the best of your knowledge, Is the individual party to a non-banldng relationship with Deutsche Bank (e.g., external legal counsel, client referral source, supplier of goods or services)?(// Yos,clescribe ) 0 Yes 2No If applicable, indicate which bank officers have met the person: Indicate where and when the client meeting(s) took place: Bank Officer Name(s) Bank Office: Client Private Domicile: Client Place e Business: Other Location (specify): Date: 0 0 0 0 K 0 • 0 0 0 Wealth Details for this individual are not filled in. because they are the same as for the following person: 3B. Wealth Details (Only for parties requiring source of wealth description as indicated in Section 2) Nature of the Individual's Business: Primary Country of source of wealth/source of Funds? Primary industry of source of Wealth/Source of Funds? Summarize Source of Wealth: 7 Business Owner 0 Salary/EamIngs 0 Investment 0 Inheritance/Gifts 0 Other: https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394839 KYC Print Page 5 of 21 Further Describe Source of Wealth /Detail the history of wealth for each of the sources: (e.g. For trusts, how did settlor accumulate wealth? For inheritance, how did family accumulate wealth?For business owners, how long in business, how many employees, level of profitability? Indicate type of business, countries of major activities. important business partners.) Estimated Annual Income ($): Estimated amount of investable assets($): Estimated Net Worth(S): Amount of assets planned to invest with PWM($): Other Known Financial Institutions: Institution: Country: EM. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Institution: Country: EM. Assets Under Mgt: Please indicate the family situation of the individual (marital status, other family membe s, etc.): https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394840 KYC Print Page 6 of 21 One sheet must be established for EACH INDIVIDUAL PARTY In Section 2. Account Ownership Summar 3k Individual Details (for all parties) Individual's Name: Eric S Meyer - Date of Birth: Country of Residence: United States Country of Citizenship: United States Address of primary residence: Has client resided outside of his/her country of nationally for 5 years or more? 0 Yes N No Profession/Occupation: Finance Tax ID / SSN: Current Employer: ESM Management LLC Position/Title/Rank: Managing Member Address of employer: 282 38TH STREET New York NY United States 10018 Does the person work as senior executive of a DB-recognized regulated entity in the financial industry? or an entity listed on a DB-recognised exchange? (Not applicable for operating entities 0 Yes WI No Is the individual a Politically Exposed Person (PEP)?(// Yes, describe) K Yes ! No To the best of your knowledge, is the individual related to an employee of the D8 group?(if Family or Friendship, describe ) 0 Family 0 Friendship 41 None To the best of your knowledge, Is the individual party to a non-barthing relationship with Deutsche Bank (e.g., external legal counsel, client referral source, supplier of goods or services)?(// Yes,clescribe ) 0 Yes 2No If applicable, indicate which bait officers have met the person: Indicate where and when the client meeting(s) took place: Bank Officer Name(s) Bank Office: Client Private Domicile: Client Place of Business: Other Location (specify): Date: 0 0 0 0 K 0 • 0 Wealth Details for this individual are not filled in. because they are the same as for the following person: 3B. Wealth Details (Only for parties requiring source of wealth description as indicated in Section 2) Nature of the Individual's Business: Primary Country of source of wealth/source of Funds? Primary industry of source of Wealth/Source of Funds? Summarize Source of Wealth: 7 Business Owner 0 Salary/Earnings 0 Investment 0 Inheritance/Gifts 0 Other: https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394841 KYC Print Page 7 of 21 Further Describe Source of Wealth /Detail the history of wealth for each of the sources: (e.g. For trusts, how did settlor accumulate wealth? For inheritance, how did family accumulate wealth?For business owners, how long in business, how many employees, level of profitability? Indicate type of business, countries of major activities. important business partners.) Estimated Annual Income ($): Estimated amount of investable assets($): Estimated Net Worth(S): Amount of assets planned to invest with PWM($): Other Known Financial Institutions: Institution: Country: EM. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Institution: Country: EM. Assets Under Mgt: Please indicate the family situation of the individual (marital status, other family membe s, etc.): https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394842 KYC Print Page 8 of 21 One sheet must be established for EACH INDIVIDUAL PARTY in Section 2. Account Ownership Summar 3A. Individual Details (for all parties) Individual's Name: William Raymond Vandewater Date of Birth: Country of Residence: United States Country of Citizenship: United States Address of primary residence: Has client resided outside of his/her country of nationally for 5 years or more? 0 Yes N No Profession/Occupation: Finance Tax ID / SSN: Current Employer: ESM Management LLC Position/Title/Rank: Member Address of employer: 282 38TH STREET New York NY United States 10018 Does the person work as senior executive of a DB-recognized regulated entity in the financial industry? or an entity listed on a DB-recognised exchange? (Not applicable for operating entities 0 Yes WI No Is the individual a Politically Exposed Person (PEP)?(// Yes, describe) K Yes ! No To the best of your knowledge, is the individual related to an employee of the D8 group?(// Family or Friendship, describe ) 0 Family 0 Friendship WNone To the best of your knowledge, Is the individual party to a non-berthing relationship with Deutsche Bank (e.g., external legal counsel, client referral source, supplier of goods or services)?(// Yos,clescribe ) 0 Yes 2No If applicable, indicate which bait officers have met the person: Indicate where and when the client meeting(s) took place: Bank Officer Name(s) Bank Office: Client Private Domicile: Client Place of Business: Other Location (specify): Date: 0 0 0 0 K 0 • 0 Wealth Details for this individual are not filled in. because they are the same as for the following person: 3B. Wealth Details (Only for parties requiring source of wealth description as indicated in Section 2) Nature of the Individual's Business: Primary Country of source of wealth/source of Funds? Primary industry of source of Wealth/Source of Funds? Summarize Source of Wealth: 7 Business Owner 0 Salary/Eamings 0 Investment 0 Inheritance/Gifts 0 Other: https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394843 KYC Print Page 9 of 21 Further Describe Source of Wealth /Detail the history of wealth for each of the sources: (e.g. For trusts, how did settlor accumulate wealth? For inheritance, how did family accumulate wealth?For business owners, how long in business, how many employees, level of profitability? Indicate type of business, countries of major activities. important business partners.) Estimated Annual Income ($): Estimated amount of investable assets($): Estimated Net Worth(S): Amount of assets planned to invest with PWM($): Other Known Financial Institutions: Institution: Country: EM. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Institution: Country: EM. Assets Under Mgt: Please indicate the family situation of the individual (marital status, other family membe s, etc.): https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394844 KYC Print Page 10 of 21 One sheet must be established for EACH INDIVIDUAL PARTY In Section 2. Account Ownership Summar 3k Individual Details (for all parties) Individual's Name: Christopher Jude Zuech - Date of Birth: Country of Residence: United Slates Country of Citizenship: United States Address of primary residence: Has client resided outside of his/her country of nationally for 5 years or more? 0 Yes N No Profession/Occupation: Finance Tax ID / SSN: Current Employer: ESM Management LLC Position/Title/Rank: Authorized signer Address of employer: 262 38th Street New York NY United States 10018 Does the person work as senior executive of a DB-recognized regulated entity in the financial industry? or an entity listed on a DB.recognised exchange? (Not applicable for operating entities 0 Yes WI No Is the individual a Politically Exposed Person (PEP)?(// Yes, describe) K Yes ! No To the best of your knowledge. is the individual related to an employee of the DI3 group?(if Family or Friendship, describe ) 0 Family 0 Friendship 41 None To the best of your knowledge, Is the individual party to a non-banking relationship with Deutsche Bank (e.g., external legal counsel, client referral source, supplier of goods or services)?(// Yes,clescribe ) 0 Yes 2No If applicable, indicate which bank officers have met the person: Indicate where and when the client meeting(s) took place: Bank Officer Name(s) Bank Office: Client Private Domicile: Client Place of Business: Other Location (specify): Date: 0 0 0 0 K 0 • 0 Wealth Details for this individual are not filled in. because they are the same as for the following person: 3B. Wealth Details (Only for parties requiring source of wealth description as indicated in Section 2) Nature of the Individual's Business: Primary Country of source of wealth/source of Funds? Primary industry of source of Wealth/Source of Funds? Summarize Source of Wealth: 7 Business Owner 0 Salary/EamIngs 0 Investment 0 Inheritance/Gifts 0 Other: https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394845 KYC Print Page 11 of 21 Further Describe Source of Wealth /Detail the history of wealth for each of the sources: (e.g. For trusts, how did settlor accumulate wealth? For inheritance, how did family accumulate wealth?For business owners, how long in business, how many employees, level of profitability? Indicate type of business, countries of major activities. important business partners.) Estimated Annual Income ($): Estimated amount of investable assets($): Estimated Net Worth(S): Amount of assets planned to invest with PWM($): Other Known Financial Institutions: Institution: Country: EM. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Please indicate the family situation of the individual (marital status, other family membe s. etc.): One sheet must be established for EACH LEGAL ENTITY In Section 2. Account Summary 3C. Legal Entity Details (For all Legal Entities) Legal Entity Name: Long Term Insured Credit Fund Lie - 00000583987 Type of Entity: Purpose of Entity: in Private Investment K K Foundation/Association K Trust LA Company K Estate 0 Partnership Philanthropic/Charitable MI Commercial Type of Entity Other (specify): LLC Purpose of Entity Other (specify): Fund Country of incorporation/registration: Cayman Islands Date of incorporation / registration: 9/10/2018 Volcker Status: Determination Required Volcker Flag: Yes Address (city. street. post code): C/O Walkers Corporate Limited. Cayman Corporate Centre, 27 Hospital Road George Town KY1.9008 U.S. TIN/EIN: Cayman Islands Provide a description of the entity's organizational structure. its ownership structure and its Top Management. For trusts/foundations. include information about evocability,settlor and beneficiaries,etc.: WNL Limited, who is listed as the initial member in the LLC Agreement, will resign from the fund per the following clause (Section 3.2) in the LLC agreement (attached): "Immediately following the admission of one or more Members on the Closing Date, the Initial Member, by its execution and delivery of a counterpart of this Agreement, shall resign from the Fund and shall have no further rights or claims against, or obligations as the Initial Member of, the Fund." Once resigned, the 2 members that become over 10% owners at the admission of one or more Members on dosing date, are Long Term Insured Credit Fund LLC and WM Pool Equities Trust No.78 . Both are Australian superannuation funds (Retirement investment funds). MLC Investments Limited is the trustee for both funds • MLC is a part of National Australian Bank, a public bank. Please indicate how ownership of the legal entity is reflected: Schedule A is attached to KYC as well as the LLC Agreement. K Special attention: Bearer Shares - Indicate where shares are custodied: Describe the chain from the direct owner of the entity to the ultimate beneficial owner (if not the same persons): See above. There s no ultimate UBOs. To the best of your knowledge, is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source. supplier of goods or services)?: Yes 0 No 7 -4 Describe Nature of Entity's Primary Business and Investment Activities https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394846 KYC Print Page 12 of 21 Nature of the business: Fund Countries where business is transacted: Cayman Islands;United States Number of employees: 10 3D. Wealth Profile (Only for parties requiring source of wealth description as indicated in Section 2) Primary Country of source of wealth/source of Funds? Australia Primary industry of source of Wealth/Source of Funds? Low Risk Financial Institutions Provide Evidence of Corporate Assets (e.g. balance sheet or equivalent summary of assets/liabilities): Estimated gross receipts p.a.($): Estimated net profit p.a. ($): Estimated investable assets ($): Potential Amount to be invested with PWM ($): Other Known Financial Institutions: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: One sheet must be established for EACH LEGAL ENTITY In Section 2. Account Summa 3C. Legal Entity Details (For all Legal Entities) ry Legal Entity Name: ESM Management LLC • Type of Entity: K Foundation/Association K Trust 2 Company K Estate K Partnership Purpose of Entity: V Private Investment K Philanthropic/Charitable K Commercial Type of Entity Other (specify): LLC Purpose of Entity Other (specify): Private Investment Country of incorporation/registration: United States Date of incorporation / registration: 1/9/2009 Volcker Status: Determination Required Volcker Flag: Yes Address (city. street, post code): 1209 Orange Street Wilmington 19801 United States U.S. TIN/EIN: Provide a description of the entity's organizational structure, its ownership structure and its Top Management. For trusts/foundations. include information about evocability.settlor and beneficiaries,etc.: This entity is owned 60% by Eric Meyer and 40% by William Vandewater. This is the manager of Long Term Insured Credit Fund LLC. Please indicate how ownership of the legal entity is reflected: LLC agreement K Special attention: Bearer Shares - Indicate where shares are custodied: https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394847 KYC Print Page 13 of 21 Describe the chain from the direct owner of the entity to the ultimate beneficial owner (if not the same persons): This entity is owned 60% by Eric Meyer and 40% by William Vandewater To the best of your knowledge, is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source, supplier of goods or services)?: Yes 0 No n Describe Nature of Entity's Primary Business and Investment Activities Nature of the business: Investment Management Countries where business is transacted: United States Number of employees: 10 3D. Wealth Profile (Only for parties requiring source of wealth description as indicated in Section 2) Primary Country of source of wealth/source of Funds? Primary industry of source of Wealth/Source of Funds? Provide Evidence of Corporate Assets (e.g. balance sheet or equivalent summary of assets/liabilities): Estimated gross receipts p.a.($): Estimated net profit p.a. ($): Estimated investable assets ($): Potential Amount to be invested with PWM ($): Other Known Financial Institutions: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: One sheet must be established for EACH LEGAL ENTITY in Section 2. Account Summa 3C Legal Entity Details (For all Legal Entities) Legal Entity Name: MLC Investments Limited • Type of Entity: 0 Foundation/Association 0 Trust ®Company K Estate 0 Partnership Purpose of Entity: ©Private Investment 0 Philanthropic/Charitable II Commercial Type of Entity Other (specify): Purpose of Entity Other (specify): Country of incorporation/registration: Australia Date of incorporation / registration: 7/27/1983 Volcker Status: Determination Required Volcker Flag: Address (city, street, post code): 105.153 Miller Street North Sydney NSW 2060 Australia U.S. TIN/EIN: 30002641661 https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394848 KYC Print Page 14 of 21 Provide a description of the entity's organizational structure, its ownership structure and its Top Management. For trusts/foundations, include information about revocability,settlor and beneficiaries,etc.: Corporate Trustee As National Australia Bank's wealth management business, MLC provides investments, superamuation and financial advice to corporate. institutional and retail customers. We're all about using our expertise and the capabilities of the NAB Group to give our customers a bigger vision for their future and the bigger picture of their wealth. Our wealth management expertise means we understand how to help you meet your needs today, set your goals for the future and supped you along the way. We're focused on empowering you financially right throughout your life. Our approach is holistic — we'll give you better insight into your financial opportunities, end•to•end financial solutions and access to a broader range of services. https:/Awnv.mIc.com.au/personal/nav_top/about-mIc/aboutsuper-investments/about•us Please indicate how ownership of the legal entity is reflected: NA K Special attention: Bearer Shares • Indicate where shares are custodied: Describe the chain from the direct owner of the entity to the ultimate beneficial owner (ii not the same persons): NA To the best of your knowledge, is the entity party to a non•banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source. supplier of goods or services)?: Yes K No t.r4 Describe Nature of Entity's Primary Business and Investment Activities Nature of the business: Corporate Trustee Countries where business is transacted: Australia Number of employees: 50+ 3D. Wealth Prof Ile (Only for parties requiring source of wealth description as indicated in Section 2) Primary Country of source of wealth/source of Funds? Primary industry of source of Wealth/Source of Funds? Provide Evidence of Corporate Assets (e.g. balance sheet or equivalent summary of assets/liabilities): Estimated gross receipts p.a.($): Estimated net profit p.a. ($): Estimated investable assets ($): Potential Amount to be invested with PWM ($): Other Known Financial Institutions: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: One sheet must be established for EACH LEGAL ENTITY in Section 2. Account Summary 3C. Legal Entity Details (For all Legal Entities) Legal Entity Name: Low Correlation Strategy Trust Type of Entity: Purpose of Entity: https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394849 KYC Print Page 15 of 21 0 Foundation/Association RI Trust 0 Company K Estate 0 Partnership ©Private Investment 0 Philanthropic/Charitable Ill Commercial Type of Entity Other (specify): Purpose of Entity Other (specify): Country of Incorporation/registration: Australia Date of incorporation / registration: 12/10/2010 Volcker Status: Determination Required Volcker Flag: No Address (city, street, post code): 105.153 Miller Street North Sydney NSW Australia U.S. TIWEIN: Provide a description of the entity's organizational structure, its ownership structure and its Top Management. For trusts/foundations. include information about evocability,settlor and beneficiaries,etc.: This acts similar to a retirement Fund. The fund consists of thousands and thousands of investors. There is no UBO. MLC Investments Limited is the Trustee of the hind. Please indicate how ownership of the legal entity is reflected: NA 0 Special attention: Bearer Shares • Indicate where shares are custodied: Describe the chain from the direct owner of the entity to the ultimate beneficial owner (if not the same persons): NA To the best of your knowledge, is the entity party to a non.banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source, supplier of goods or services)?: yes • No g Describe Nature of Entity's Primary Business and Investment Activities Nature of the business: Australian Superannuation Fund Countries where business is transacted: Australia Number of employees: 50+ 3D. Wealth Profile (Only for parties requiring source of wealth description as indicated in Section 2) Primary Country of source of wealtIVsource of Funds? Australia Primary industry of source of Wealth/Source of Funds? Other Provide Evidence of Corporate Assets (e.g. balance sheet or equivalent summary of assets/liabilities): Investment funds of Australian retires. Estimated gross receipts p.a.($): 81,796,000.00 Estimated net profit p.a. ($): 65,000,000.00 Estimated investable assets ($): $500 MM + Potential Amount to be invested with PWM ($): 85,000,000.00 Other Known Financial Institutions: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394850 KYC Print Page 16 of 21 Institution: Country: Est. Assets Under Mgt: One sheet must be established for EACH LEGAL ENTITY In Section 2. Account Summa 3C. Legal Entity Details (For all Legal Entities) Legal Entity Name: WM Pool Equities Trust No.78 - Type of Entity: K Foundation/Association IRITrust 0 Company K Estate 0 Partnership Purpose of Entity: 5 Private Investment 0 Philanthropic/Charitable • Commercial Type of Entity Other (specify): Purpose of Entity Other (specify): Country of incorporation/registration: Australia Date of incorporation / registration: I1: 7:2014 Volcker Status: Determination Required Volcker Flag: No Address (city, street, post code): 105.153 Miller Street North Sydney NSW 2060 Australia U.S. TIN/EIN: Provide a description of the entity's organizational structure, its ownership structure and its Top Management. For trusts/foundations, include information about evocability,settlor and beneficiaries,e1c.: This acts similar to a retirement Fund. The fund consists of thousands and thousands of investors. There is no U8O. MLC Investments Limited is the Trustee of the fund. Please indicate how ownership of the legal entity is reflected: NA 0 Special attention: Bearer Shares - Indicate where shares are custodied: Describe the chain from the direct owner of the entity to the ultimate beneficial owner (if not the same persons): NA To the best of your knowledge, is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source, supplier of goods or services)?: yes K No Eii Describe Nature of Entity's Primary Business and Investment Activities Nature of the business: Australian Superannuation fund Countries where business is transacted: Australia Number of employees: 50+ 3D. Wealth Profile (Only for parties requiring source of wealth description as indicated in Section 2) Primary Country of source of wealth/source of Funds? Australia Primary Industry of source of Wealth/Source of Funds? Other Provide Evidence of Corporate Assets (e.g. balance sheet or equivalent summary of assets/habilities): investment funds of Australian retires. Estimated gross receipts p.a.(5): 150.000.000.00 Estimated net profit p.a. ($): 125.000.000.00 Estimated investable assets ($): $500 MM + https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394851 KYC Print Page 17 of 21 Potential Amount to be Invested with PWM ($): 90,000,000.00 Other Known Financial Institutions: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: Institution: Country: Est. Assets Under Mgt: https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394852 KYC Print Page 18 of 21 DB PWM GLOBAL KYC/NCA: US/LatArn/Infl PART B Relationship Name ZIJECH. CHRIS RELATIONSHIP Risk Rating Comments: Derek St-Hilaire cornered the moderate r sk rating on 10/12/18. Booking Center I N l p , /offshore 0 Offshore g l Moderate Risk n High u Risk l'A w (Compliance Signature) 0 DB Managed PIC K DB is Trustee/Co-Trustee K Bearer Shares • DB Employee 4. Attachments A. Type of Photo ID Provided 2 Drivers License 0 Passport K National/State ID K Other B Checklist of names (individuals and/or entities) that were submitted for database . w- hA Yes K No searches is attached C. Please indicate the results of the database searches performed RDC searches complete 2 Yes 0 No negative results found 52 Yes 0 No PCR checks complete 52 Yes 0 No negative results found • Yes 1 2 No OFAC checks complete w) L4 Yes El No negative results found 0 Yes 0No BIS searches complete (Lexis/Nexis, Festiva. Reuters, Dow D8B) 52 Yes K No negative results found K Yes ® N o Jones, Denial Orders checks complete 2 Yes 0 No negative results found 0 Yes 121No Martindale-Hubbell searched (Lawyers/Law Firms only) 0 Yes No negative results found 0 Yes 0 No Please summarize any negative results from the database searches indicated above: David Jelinek - court cases all a false positive. Our David was born in 1976, he is 42. The Chicago case involves a 61 year old; for the CA case, he would have been 10. William Vandewater - small claims disposed 2007. ESM - Cases closed. Eric S Meyer Our Eric is from MA. These small civil court cases. all related, are in from Chicago. Chris Zuech • Chris worked for both Carlyle group, one of the largest private equity funds in the world, and Vermillion . Carlyle Group was sued by a former portfolio manager in one of its hedge funds, who alleges the firm and its hedge fund's partners knowingly misled investors. Zuech. who was Vermillion's chief operating officer and next had a similar role at Carlyle Commodity Management, was named as a il defendant.The case was closed on 8/2016. See below regarding the only RDC alert. This has been AML for a week and waiting for clearance. MLC Investment Limited is the Trustee to two large Australian superannuation (Pension) funds in Australia. These funds are KYC parties to our account holder. MLC is part of National Australia Bank's wealth management business and has been around for 130 years. This alert contains a class action lawsuit against National Australia Bank and its wealth management business MLC. The lawsuit claims that they engage in 'unconscionable conduct' by selling credit card insurance to holder who were ineligible to claim under its term. The lawsuit is very recent — 9/27/2018. National Australia Bank is a alic company — as one of the four largest public financial institutions, this is considered normal part of business. Please clear the alert. Thank you. https://dbforcepb.my.salesforce.corniservlet/servlet.Integration?lid=01N30000000D9Diet... 12/19/2018 EFTA01394853 KYC Print Page 19 of 21 E. To the best of your knowledge. has the client ever been convicted of a criminal 0 Yes RI No offense? To the best of your knowledge. has the customer ever been involved in any past litigation against Deutsche Bank AG or any of its subsidiaries or is the customer F. threatening litigation against Deutsche Bank AG or any of its subsidiaries? (if Yes, K Yes 5 No provide details below and contact Quality Mgt. (LatAm/Int7) or the Regulatory Control Group and notify Compliance immedlatehe) Does the client or related party have any financial or other association / interactions G. within countries or regimes sanctioned by the Office of Foreign Assets Control 0 Yes 2 No (OFAC)? Does the client or related party have any financial or other association/ interactions ci H' within high risk countries? Li Yes 121No I. Corporate Documentation Attached (Legal Entities Only) 2 Yes 0 No 0 Not Appficable J. Undisclosed Principal Form Complete (Intermediaries Only) 0 Yes 0 No 2 Not Appficable K. If Lexis/Nexis Search Results. Corporate Documents or Other Supporting Documentation is not in English, please provide an English summary of the nature/contents of the non-English Documentation: NA L. Special Risk Factors Does the account have Nexus to Special Risk Countries? 0 Yes 2 No Is the account structure unusually complex? J Yes 0 No Is there any indication the client set up a non operating company expressly for the purpose of transferring shares to 0 Yes 2 No third parties? Is there any indication this could be a prohibited business K relationship? Yes 0 No Are the bearer shares identified subject to acceptable controls? 0 Yes 0 No https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394854 KYC Print Page 20 of 21 M. Case Comments Created By Date Comments Alicia Burns 10/22/118 1024 AM Per Bradley Giffin. the legal address is notated on the W9. Richard larossl 10/17/118 5:39 PM WM Pool Equities Trust No. 78 - $90mn Low Correlation Strategy Trust - $85mn Both will be wired from Citibank New York. Richard larossl 10/17/118 5:37 PM In regards to WNL Limited, the verbiage in the LLC Agreement dearly states that they will be resigning from the fund. We do not have any other documentation that shows this. For both of the main investors, Low Correlation Strategy Trust and WM Pool Equities Trust No. 78. the funds will be wired from Citibank New York. Alicia Burns 10/22/118 10:53 AM Per the LLC Agreement 1.4 The principal place of business of the Fund is 262 West 38th Street, Suite 507. New York, NY 10018. ONSHORE APPROVALS Client Facing Professional (CFP): Stewart Oldheld (Signature) Stewart Oldfield 10/15/2018 Office Director/Business Head: Andrew F Gallivan (Signature) Andrew F Gallivan 10/16/2018 Regional Office Director: (Signature) AML Business Risk: AltDa Burn>, (Signature) Alicia Burns 10/18/2018 AML Compliance. (Signature) LATAM/INTERNATIONAL APPROVALS Client Facing Professional (CFP): (Signature) Account Manager: (Signature) Global Market Team Head (GMTH)/Sub-Market Team Head (SMTH): (Signature) AML Business Risk: (Signature) AML Compliance: (Signature) https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394855 KYC Print Page 21 of 21 I PRIVATE WEALTH MANAGEMENT POLICY STATEMENT: Deutsche Bank Private Wealth Management (PWM) worldwide is committed to professionally serve the interests of its clients. To do so, Client Facing Professionals1( )(CFP's) should establish and maintain business relationships only with persons who satisfy our high standards of suitability, background and character. Due diligence obtained on the client must be appropriately documented by the CFP. It is the responsibility of CFP's to demonstrate that they know their client both at the inception of a relationship and on an ongoing basis. DECLARATION FOR ALL SIGNERS OF THIS FORM: To the best of my knowledge and belief the above information is correct and up to date. I confirm that I have no suspicions relating to the money laundering or unethical activities on the part of the client(s) and that I have followed all the procedures relating to account opening as described in the PWM Americas Procedures and the PWM Global KYC Policy (1 ) Client Facing Professionals (CFP's) include: Relationship Managers, Wealth Advisors, Product Officers, Brokers, Client Managers, etc. Deutsche Bank Americas New York https://dbforcepb.my.salesforce.com/servlet/servlet.Integration?lid=01N30000000D9Di&... 12/19/2018 EFTA01394856