<table><tr><th>From: </th><th></th></tr><tr><td>Sent:</td><td>Wednesday, December 13, 2017 8:31 AM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

At least 6 hrs / week.

Sorry we didn't make the call - overwhelmed with year end boards , meetings, bank parties ... Bank results are overall good - exceptional in France , disappointing in Switzerland ( not surprising given derisking& Emmanuel ) I hear Finma is in Julius Baer, auditing in depth some accounts and compliance 4Seasons has finally opened - I think that people will be surprised - very unusual decoration (part of my collections ) Where are u? Paris this week end?

Ariane de Rothschild

On 12 Dec 2017, at 21:32, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.com> > wrote:

Have you calculated how much you spend in charters flights

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