<table><tr><th>From:</th><th>Richard Kahn &lt;</th></tr><tr><td>Sent:</td><td>Thursday, December 7, 2017 8:18 PM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Fwd: Trade Report 12/07/17 -- AAPL [C]</td></tr></table>

appears net cost was 0.25 x 314,000 shares = 78,500

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022

This is a snippet of an email.

*   **From**: Davide-A Sferrazza
*   **Subject**: RE: Trade Report 2/07/17 - AAPL [C]
*   **Date**: December 7, 2017 at 3:06:32 PM ST
*   **To**: Paul Barrett, Richard Kahn
*   **CC**: Joshua Shoshan, Martin Zeman, Liam Osullivan

Classification: Confidential

Paul,

You bought 314,000 shares of AAPL @ =69.7941

- 214k shares =or N4Gxxx804 – primary acct

- 100k shares =or N4Gxxx161 — collateral acct

Regards,
Davide

Davide Sferrazza

Analyst I Key Client =artners

Deutsche Bank Securities, Inc. Deutsche Bank Wealth Management 345 Park =venue, 10154-0004 New York, NY, USA

From: Davide-A Sferrazza
Sent: Thursday, December 07, 2017 =2:03 PM
To: Paul Barrett <█████████████████████> <█████████████████████> Richard Kahn

Cc: Joshua Shoshan <Joshua.Shoshan@apl.com>; =artin Zeman <artin.zeman@apl.com>; Liam Osullivan <liam.osullivan@apl.com>
Subject: Trade Report 12/07/17 -- =APL [C]

Classification: Confidential

Paul,

You sold 314,000 shares of AAPL @ =69.54685

- 214k shares =rom N4Gxxx804 — primary acct

	- 100k shares =rom N4Gxxx161 — collateral acct

Regards,
Davide

Davide Sferrazza
Analyst | Key Client Partners

Deutsche Bank Securities, Inc.
Deutsche Bank =ealth Management
345 Park Avenue, 10154-0004 New York, =Y, USA
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Deutsche Bank =oes not render legal or tax advice, and the information contained in =his communication should not be regarded as =uch.