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sd-10-EFTA01466534Dept. of JusticeOther

EFTA Document EFTA01466534

Subject: RE: Happy New Year! From: "Barrett, Paul S" Date: Mon, 06 Jan 2014 20:43:40 -0500 To: Paul Morris ‹ > Hi Paul Same to you. Paul Barrett I Managing Director I Global Investment Opportunities Group J.P. Moran Securities LLC J.P. Moran Private Bank J.P. Morgan Chase Bank N.A Original Messa e From: Paul Morris [ ] Sent: Monday, January 06, 2014 05:44 PM Eastern Standard Time To: Barrett, Paul S Subject: Happy New Year! Classification: Public paul, hope you're all well and

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Subject: RE: Happy New Year! From: "Barrett, Paul S" Date: Mon, 06 Jan 2014 20:43:40 -0500 To: Paul Morris ‹ > Hi Paul Same to you. Paul Barrett I Managing Director I Global Investment Opportunities Group J.P. Moran Securities LLC J.P. Moran Private Bank J.P. Morgan Chase Bank N.A Original Messa e From: Paul Morris [ ] Sent: Monday, January 06, 2014 05:44 PM Eastern Standard Time To: Barrett, Paul S Subject: Happy New Year! Classification: Public paul, hope you're all well and

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Subject: RE: Happy New Year! From: "Barrett, Paul S" Date: Mon, 06 Jan 2014 20:43:40 -0500 To: Paul Morris ‹ > Hi Paul Same to you. Paul Barrett I Managing Director I Global Investment Opportunities Group J.P. Moran Securities LLC J.P. Moran Private Bank J.P. Morgan Chase Bank N.A Original Messa e From: Paul Morris [ ] Sent: Monday, January 06, 2014 05:44 PM Eastern Standard Time To: Barrett, Paul S Subject: Happy New Year! Classification: Public paul, hope you're all well and best for 2014, what is cell? i seemed to have lost it, love to catch up. Paul Morris Managing Director Deutsche Bank Private Bank 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. This email is confidential and subject to important disclaimers and conditions including on offers for the purchase or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and EFTA01466534 legal entity disclaimers, available at http://www.jpmorgan.com/pages/- disclosures/email. EFTA01466535

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From: Barrett, Paul S Sent: 1/6/2014 8:43:40 PM To: Paul Morris Subject: RE: Happy New Yearl Hi Paul Sam e Paul Barrett I Managing Director I Global Investment Opportunities Group I J.P. Morgan Securities ID: I J.P. Morgan Private Bank I 320 Park Avenue 14th Floor New York, NY 10022 I T: F: J.P. Morgan Chase Bank N.A ----Original Message-- From: Paul Morris Sent: Monday, January 06, 2014 05:44 PM Eastern Standard Time To: Barrett, Paul S Subject: Happy New Year! Classification:

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Subject: RE: Invitation: Frieze New York preview day - May 2, 2018 From: Stewart Oldfield < › Date: Mon, 12 Mar 2018 17:39:02 -0400 To: Paul Barrett Lots of fun. Looking forward to it From: Paul Barrett [mailto: Sent: Monday, March 12, 2018 5:38 PM To: Stewart Oldfield ‹ > Subject: RE: Invitation: Frieze New York preview day - May 2, 2018 Thanks Stew Sounds fun. Will RSVP. See you tomorrow. Paul Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor, New York, NY 10019

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Subject: RE: RIN follow up From: Vahe Stepanian Date: Fri, 20 Apr 2018 14:16:02 -0400 To: Paul Barrett Cc: Stewart Oldfield Martin Zeman No problem, happy to help. The team assumes a 50bps p.a. default rate, and I would point you to page 29 of the book to support this point. Also worth looking at the scenario analysis on pg. 40 — think scenarios 1-7 are particularly relevant because the 50bp issuance costs are in line with RIN I (vs. 2% for a BSL). Thank you, Vahe From: Paul Barrett

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