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sd-10-EFTA01387093Dept. of JusticeOther

EFTA Document EFTA01387093

From: Vahe Stepanian Sent: 5/9/2018 3:21:10 PM To: Paul Barrett I CC: Stewart Oldfield I Subject: RE: RIN Ok — let us know. Thank you From: Paul Barrett imailto Sent: Wednesday, May 09, 2018 3:01 PM To: Vahe Stepanian Cc: Stewart Oldfield < Subject: RE: RIN I am still looking at it. JE is very focused on liquidity right now so trying to balance things. Paul Barrett Alpha Group Capital LLC 142 W 97h Street, 111° Floor, New York, NY 10019 (o) (c) a ALPHA GROUP CAPITAL From

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Dept. of Justice
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sd-10-EFTA01387093
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From: Vahe Stepanian Sent: 5/9/2018 3:21:10 PM To: Paul Barrett I CC: Stewart Oldfield I Subject: RE: RIN Ok — let us know. Thank you From: Paul Barrett imailto Sent: Wednesday, May 09, 2018 3:01 PM To: Vahe Stepanian Cc: Stewart Oldfield < Subject: RE: RIN I am still looking at it. JE is very focused on liquidity right now so trying to balance things. Paul Barrett Alpha Group Capital LLC 142 W 97h Street, 111° Floor, New York, NY 10019 (o) (c) a ALPHA GROUP CAPITAL From

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EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
From: Vahe Stepanian Sent: 5/9/2018 3:21:10 PM To: Paul Barrett I CC: Stewart Oldfield I Subject: RE: RIN Ok — let us know. Thank you From: Paul Barrett imailto Sent: Wednesday, May 09, 2018 3:01 PM To: Vahe Stepanian Cc: Stewart Oldfield < Subject: RE: RIN I am still looking at it. JE is very focused on liquidity right now so trying to balance things. Paul Barrett Alpha Group Capital LLC 142 W 97h Street, 111° Floor, New York, NY 10019 (o) (c) a ALPHA GROUP CAPITAL From: Vahe Stepanian < Sent: Wednesday, May 09, 2018 1:10 PM To: Paul Barrett < Cc: Stewart Oldfield < Subject: RIN Hi Paul — I just wanted to check in on where you stand as it relates to RIN? The team expects a first close within the next 30 days and we're seeing traction amongst a handful of our other clients. As a next step — I wanted to offer up an in person meeting here at our offices with the PMs. Let me know if that is of interest and I'll work to get it set up. Thank you, Vahe Vahe Stepanian Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the FINRA 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 chant 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 nonadvisory basis. The KCP Americas desk does not provide investment advice. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0089182 CONFIDENTIAL SDNY_GM_00235366 EFTA01387093

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