EFTA Document EFTA01422087

Subject: Re: Southern Financial - Client Confirmation [C] From: Richard Kahn < ~> Date: Fri, 30 Mar 2018 12:21:09 -0400 To: Xavier Avila Cc: Paul Barrett Martin Zeman Liam Osullivan Davide-A Sferrazza Nina Tona Stewart Oldfield Jeanne Brennan greatthank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel I = fax cell On Mar 30, 2018, at 12:20 PM, Xavier Avila a wrote: Richard/Paul, it seems the KYC has been finalised with the below. Paul, we are working now in the downstream operations to get you active in OTC Credit and Equity Derivatives. Thanks Xavier Avila Managing Director Deutsche Bank Securities Inc From: Xavier Avila <a> Date: Thursday, Mar 29, 2018, 12:45 To: Richard Kahn a Cc: Paul Barrett , Martin Zeman EFTA01422087 Sferrazza , Liam Osullivan , Davide-A , Nina Tona , Stewart Oldfield Subject: RE: Southern Financial - Client Confirmation [C] Thanks Richard, we let you know if we need anything else at this stage. From: Richard Kahn [mailto: Sent: Thursday, March 29, 2018 11:13 AM To: Xavier Avila Cc: Paul Barrett ; Martin Zeman Sferrazza < Nina Tona Oldfield Subject: Re: Southern Financial - Client Confirmation [C] attached info is correct thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell ; Davide-A ; Stewart On Mar 28, 2018, at 6:04 PM, Xavier Avila < › wrote: Richard, as discussed today, in order for the Southern Financial account in Global Markets can get KYCed and we can extend product adoptions to a couple of other asset classes (credit and equity OTC derivatives), we need you to confirm that the below information and the attached documents are reviewed and come from you. Can you pls review and if you do not have any concerns, respond to this email? Thanks. Xavier EFTA01422088 W-9 Organization Chart o Per attachment "Southern Financial Operating Agreement" (pages 1, 16) § Southern Trust Company Inc. is the sole member of Southern Financial LLC § Jeffrey Epstein is the sole shareholder of Southern Trust Company Inc. UBOs (Owners) that own greater than 10% o Jeffrey Epstein is the sole UBO (see "Organization Chart" above) The source of funds for the UBOs (owners) that are greater than 10% o Jeffery Epstein began his financial career in the mid 70s as an options trader at Bear Stearns and became a partner in early 80s. Early thereafter, Epstein founded his own financial management firm, J. Epstein & Co., managing the assets of clients with more than a billion in net worth. In the mid 90s, Epstein changed the name of his firm to The Financial Trust Company and based it on the island of St. Thomas in the US Virgin Islands, which merged into Southern Financial LLC. His wealth has come from his days at Bear Stearns and his financial management firms. EFTA01422089 List of Legal representatives o Per attachment "Southern Financial Operating Agreement" (pages 16) § Jeffrey Epstein, Darren K. Indyke, Richard Kahn Annual report o See attachments "Southern Financial LLC Financials June 2017" and "Southern Trust Company Inc. Financials June 2017" for latest financial statements Source of Wealth: o As said in above paragraph about the source of funds of any UBO greater than 10%, Jeffery Epstein's wealth has come from his long career at Bear Stearns and his financial management firms. Client Contact: o Richard Kahn EFTA01422090 Formation Document: o Attached LLC Documents include the Articles of Organization <image001.png> Xavier Avila Managing Director I Key Clients Partners Wealth Management Americas Deutsche Bank Securities Inc 345 Park Avenue, New York, NY, 10154-0004 Office Mobile Email EFTA01422091 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. Please refer to https://db.com/disclosures for additional EU corporate and regulatory disclosures. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. <doc02556420171121184635.pdf><Southern Financial Operating Agreement.pdf><Southern Trust Company Inc. Financials June 2017.pdf><Southern Financial LLC Financials June 2017.pdf><SOFL LLC Documents.pdf> 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. Please refer to https://db.com/disclosures for additional EU corporate and regulatory disclosures. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01422092