EFTA Document EFTA01371018

From: Sent: . . To: Terri SohrablI Subject: RE: planning email for Patrick Can add Mitch to lending list perhaps From: Stewart Oldfield Sent: Monday, June 25, 2018 5:17 PM To: Terri Sohrab < Subject: planning email for Patrick Please let me know what you think. > Career overview: 20yrs in banking overall • 16yrs investment banking/capital markets (IPM and CS) • 4 yrs private banking (DB) • CFA and CAIA charterholder. Series 7,9,10,24,63 licenses JP Morgan Investment Bank (1998-2002) • Debt capital markets/structured credit Credit Suisse Investment Bank (2002-2014) • Equity derivatives, structured investments, liquid alternatives • Covered private clients (via CS private bank) for 12yrs • Ran single stock hedging business for 10yrs (2005-2014) • Ran structured notes distribution to private bank (2007-2011) • Led US sales effort of liquid alternative/quantitative strategies to family offices, insurance companies, pensions and fund-of-funds (2010-2014) Deutsche Bank (2014 to present) • Had 2 competing DB offers in 2014 — Investment Banking (derivatives) and Asset Mgmt (liquid alts). Sought advice from Chip Packard, whom I had known for 12yrs • Chip instead recruited me to join private bank, which was trying to become more investments-focused. Joined October 2014. • I was initially teamed up with Paul Morris, who had joined from JPM 2yrs prior and was struggling. KCP was fairly new in 2014 and ISG was not yet formed. • Paul had limited success and was asked to leave in 2016. • At various times here, I have been offered positions as head of ISG or member of KCP • Have never sold a share of DB stock Financial progress: 2014 revenues (Paul Morris)— $0.9mm 2015 revenues (combined w/ Paul) — $1.3mm 2016 revenues (w/ Paul until May) — $1.6mm 2016 NNA — negative. After winning $100mm in CDs, lost all during DOJ crisis 2017 revenues (Stew alone) - $1.7mm ($2.5mm exit run rate) 2017 NNA - $112mm CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0064160 CONFIDENTIAL SDNY_GM_00210344 EFTA01371018