EFTA Document EFTA01453463

Sell the CBSO? You're up —51.7k (-29.7 vs 28 price. I k shs) Biotech extending losses, group down another —2% today. Though your ARIA up on takeout chatter. Ncar-term trend still lower - Sell BIIB. GILD. SGMO and FMI (up —5825k). or OK holding here? Definitely watching for an entry point when the group gets over- extended to downside. Crude your trade working with CLM4 100.96. Know this exactly reflects your expectations. Your intention was to take the trade ahead of expiry — up S205.9k.• Touch base Mon on incremental upside..your view is further to run? *source: 3/28 db valuation statement. Represents mid-level Tazia Smith Director Key Client Partners - US Deutsche Bank Securities. Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York NY 10154 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. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0111063 CONFIDENTIAL SONY GM_00257247 EFTA01453463