— NYLO2ZZGH pean Private Wealth Management Option Agreement and Approval Form Ploase 2 Account No. Southern Financial, LLC Account Name ee te Account Type S@8h_ Account Registration Entity | | { ; | [1] Managed Account [Discretionary Account 0) other Name(s) of person(s} ather than account owner(s} authorized to place orders for the account: Jeffrey Epstein, Jeanne Brennan, Harry Beller Account and Owner Information (Provide requested information for each account owner ("Client"). Attach supplement to this Agreement if necessary:) Name Southern Financial, LLC Address 6100 Red Hook Quarter, B3, St. Thomas, 00802 Country Virgin Istands | w= =, Number of Dependents NA Morital StatusNA Birthdate 2/26/2013. 272672013, Employer NA Businass Phone NA Business Address _ Type ot Business , Position Years Held Present Brokerage Accounts with: JPMorgan ee — Does the individual or entity that controls this account have the power to Control any other Option Accounts) with Deutsche Bank Securities Inc.? Zives CONo if yes, please provide the account number(s): Will Provide List Client(s) Financia! Information _ (21 Less than $60,000 Interest/Dividends (]s50,000 - $99,999 $100,000 - $249,998 4): | U'ss0,000 - $99; $250,000 - $499,999 Other (specify): (] $100,000 - $249,999 $500,000 - $999,999 (_] $250,000 - $499,999 $1,000,000 ~ $2,499,999 a $500,000 - ~$999,999 (_] $600,000 - $999,995 $2,500,000 - $4,999,999 — [_] $1,000,000 - $2,499,999 [_] $1,000,000 - $2,499,999 $5,000,000 ana over ————— . (”"] $2,500,000 - $4,999,999 $5,000,000 and over [A Uncovered Call Writing 0 Nore Deutsche Sank Sacurities Inc,, a subsidiary of Deutsche Bank AG, conducts investment banking and securities activities m the Unted States, big OP WAL-0127 OM 44 (05/11) (006404,052711 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) (BASIN bbd8 706 EFTA_00019656 EFTA00169393

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Option Objectives (check ALL that apply): £7) Income {covered call writing) [7] Portfolio Protection (protective puts) 7] Speculation (spreeds & uncovered writing) ‘Ciant(s| Strategy Requests (Please check as many of the following strategies sought to be employed) (7) 1. Covered Call Writing Moderate His<, Calls fully covered by underlying stock, Stock may be called at any time or at expiration. requiring owner to sell at strike price. {Z] 2. Purchasing Options fnvolves Substantial Risk, Entire premiurn is at risk, Profit or loss usuelly determined by selling rosition. If position is rot closed or exercised by expiration date, options will expwe worthless. §) 3. Option Spreads ~ Margin account required. Involves Subsiantial Risk. in addition to risk of purchasing puts or calls, if lang side is closed out, leaving only # short position, the financial risk becomes unlimited, Option assignments raquire purchase of the undertying stock in the open market to effect delivery to purchaser of option. 7 4 Uncovered Put Writing — Margin account and spocial statement for uncovered option writers required. Joyalves Substantial Risk, 1 assigned, the cliant must purchase the underlying stock at the strike price, which may be substantially higher than the then-currant market price. fa) 5. Uncovered Cail Writing — Margin eccount and special statement for uncoverad option writers required. Involves Substantial Risk. Writing uncovered calls involves unlimited financial risk, Option assignments require purchase of the underiying stock én Open market to effect delivery to putchaser af option. I nave read and understand all of the conditions and stipulations on the reverse side of this form in regard to trading in options anc represant that trading in options is suitable in light of my investment objectives, financal situation, risk tolerance and knowledge. | hereby confirm that | am the source of and attest 10 the accuracy of the above information and euthorize Deutsche Bank Securities Inc. [also referred to herein as “Deutsche Bank Alex, Brown”) to verify any representation contained therein, a1 ty discretion. | will promptly notify Deutscre Bank Alex. Brown, in writing, of any material change in the above-stuted information. | acknowledge that | may obtain an options clearing Corporation prospectus upon request. — - t have received and read the Options Clearing Corporation Disclosure Document entitied “Characteristics and Risks of Standardized Qptions.” Print Client Advisor Name Client Advisor Signature o UT Uncovered Cal Writing CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) WARY bbdb787 EFTA_00019657 EFTA00169394

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Risks, Prohibitions and General Information Concerning Option Trading Linderstand that options twansactions invove » high degree of risk and offer no quarenie of Or assurance (Accordingly. | understand that pricy to engaging in against loss. any option transaction, | should review my prasent Sutermine whether it is advisable to incur the risk of loss associated with that perticular investment. 1, | understand thet whon | engage in option trading | expose myse¥ to certain, potentially substantia! financial risks in addition to those identified on the front side of this form under the heading “Ctlentis) Strategy Requests,” including but not limited to the following: { ~ tunderstand thet | should nat buy an option unless | 4m able to sustain @ total loss of the premium and transection costs. — If 1 sel {veritn) Covured options, | understand that 1 may forfelt participation in but retain risk of perticipation in capital losses in the under security. Urdersterd! thot fn exerciea ls asvignad 19 ma, | May bo forced to aeukdane ry poston In the undertying tecuy at's tone whch may be onlevorable wo men eso | ‘understend thet | shuld net sell (write) 0 covered call option unless} am propared to defiver tho underiying stovtity (or @ security conyertiile, exchangesbie, or exeveisabia ( inte such underlying Security) upon the exercise of the option. — tft sell (write) uncovered (naked) opnons, I r'sk substantial loss if, anc to the extent that, the market priceof the u security increases ebnwe tne strike Of s cab or cacreanpe Dalow (ne-soina orice Of s pul lt en corelee is pasigned toma. A val, in all likelinood, be 81.3 time Moca tan to commag noha cophalioee, | understand that | should mot sell (write) a put option of an uncovered call option, especially an index option, unless | am allo to sustain potentially untimited lnssas. | — lam averre that various fectors may affoct the price of en nation cartrect, such as the relationship between the exercise price dnd market price of the underlying security, the time period remaining untit the option expires, and the price fluctuation or other characteristics of the underlying sucurity. - option correcta in the Pronet of coauusannees exchanges ("E; ) ), inv their disoretion and from tine to title, restrict transactions in particular options or ie exercise of ‘option contracts in the a fair and In option contracts or in the undertying security, for the protecton of investors. | understand thet | may not be able to close 4 position in the event that a secondary market in the option cesses to exist oF the listing exchange restricts Gr suspends trading in the option. — am ewere thet the Exchanges bave established restrictions on certain opening purchase and sale transactions on the Exchanges which are considered to be restricted 2. Lunderstend and agree thet my accourtis) with Deutsche Bank Securities Inc, jatso referred to herein a3 “Deulsche Bank Alex, Brown") will be handled in accordance with the Ruses of the Financial Industry Regulatory Authority ("FINRA") and the Exchanges on which listed options are traced ari of the Ciptions Clearing Corparetion OCC"), es expressed in Its prospectus. | am awere of end agree to be bouns oy stich ruias, In accetdance with such rules: — | wit not attempt to acquire at any thine, aithar by myself or in concert with athers. @ position in excess of the Nouits presortsed from time to time by the Exchanges. For the purpose of computing such Emits, | understand thet total long call options and short put options of the sare underlying stock must be added to compute the position Gmit. Sinderiy, total long put options and short call options of the same underlying stock must be added to compute the position limit. - nd nek otters ip manag, iter iy myeell erin concent with overs, dsing any pusiesd of five coneyoalive tousinany chy,» quardity In excane of Se Genk prescribed by — | understand that if found in violation of elther the position limit or the exercise limit | may be subject to sanctions imposed by the Exchange involved and thyt there senctions may include liquidation of the positions in violation. 3, J undersiand that Deutsche Bank Alex. Brown has policies which may be more restrictive than or impose requirements in addition to those of the Exchanges, FINRA or the New Work Stack Exchange. | agree to abide by such poicies as & condition of doing bdsinass with Devische Bank Alix. Brown. | undersiénd that thesn policies include Bot ore nat limited to the folowing = Sedlernent dete for 38 option trades fe the business dey icllowing wade dete. Nohelinoianding ie proweion, Devtscne Bank Ales Brown my, in its discretion, ¢lect not purchase orders in options unless cash equal to the purchase price has first been in my account, and may elect not to sccept opening sale orders in Options unless | have first Gopasited in my ecoount either tho required margin or unrestricted negotiable shares of the undertying stock in an emount specified by Devtuctu Bank Alex. Brown, ~ Deutsche Bank Alex. Brown may nfuse orders to trade options in my acbount # there sre restricaorss against my account, including restrictons regard’ng trading in the underlying security, or for any other reason, at is discretion, — Deutsche Bank Alex. Brown has set trading and exarcise deadlines which correspond to deadlines established by the OCC and will accapt no responsibility for completion: of orders entored by clerits after such deadline. — Margin, chthor in cash or securities, posted by me against short option positions, may not be included in my margin account équity of interest computations. Deutsche Bonk Alex. Brown may, in turn, use these Ceposits to secure said short positions with the OCC. - Cytion semcinn notices sash ned 0 Dextathe Best: Ales. Brows in seepact of a shor peeiion in Irie corrects ib cusomer scnuals shell be Sloeaind to extnrars Deutsche Bank Alex. Brown on an automated random busis. | understand that if | am assigned, the assignment will be processed as a sate fin the case of a call) or a purchase (in the case of a put), settiieyg two busiress cays from tho dine of assignment (except for non-equity options, which sete fet cash on the day of assignment) and thet | em abligeted to deliver the utideriyiag stnch or required cesh to Deutsche Berk Ales. Grove no ister then serdemant cise. 4. Lundorstand that margin requirements exist in Connection with cenigin options and | agree to meet all margin calls 8s made by Deutsche Bank Alex, Brown. | understand that Deutscho Bonk Alex. Browne in computing the rnangin rorgiromints for option poskfone, enty texpoee'e ghar merdin requirement for indiicuel op¥on postions Sen oo investment firms, ard that Deutsche Bank Alex. Brown vill inform me of its existing margin requirements for option positions upon request. In the evant | do not meet margin calls promptly, Deutsche Bank Alex, een reac in te sole donrction ard otto notheation to ta, te tame ory and ol elope neoessory #0 protect heal ln enrnection ‘with put andor coll transactions made for my account, including the right 10 buy and/or se short, or short exempt, for my account and risk any part or all of the shares ropresonted by aptions endorsed by Deutsche Bank Mex. Brown for my account, or to Duy for my eccount and risk any puts andior calls as Deutsche Bank Alex, Brown mey deem, Necessary for its protection. | further agree thet any and af expenses 'ncurred by Deutsche Bank Ajax. Brown in this cormection will bo reimbursed by me. 5. This ayreenent shall apply to all option arters for my/our account, whether or not such ofders are executed. 6 {understand that options @ay be Reted on one or more Exchanges end that i! no Exchange ia specified Gy ma, Deuteche Bark Alex. Brown wil uae ite dacretion in routing my 7. ea a eae whenever you deem it necessary for your protection, to take such action, including, without limitation, to buy, sel! or sell short for my account{s) and my nek, puts, cals, or other forms of options andlor to buy, sell, or sell short eny part or all of the underlying securities rapresanied by options endomed by you for my accountis), Any and all expenses, including, without linvtation attorneys’ fees end the'r reasonable disbursements, incurred by you In connection with such transactions will be reimbursed by me or by my estate. 8. You are under no obligation to convey to ree eny information relating to tho undextying securities covered by 24 option or sny securities relnted thereto, or any information relating to options whether such informution is thon or thereafter known o avallable. Any information, sdvice of notification in respect to any option or any undariying securities or securities relating therato which you may give me and which you are not required to give by the terms of thés agrecment or eny other agreement, expressed or implied, snail not be construed 3s cresting 8n implied sgreement or course of dealing between us and shail not impair the provis:ons of this or amy other agreement betwoen us. 8. This agreement and its enforcement shall be governed by the laws of the State of New York and its provisions shall be continuous; shall cover all options tersections hereunder, whether you ure acting as broker or principal, ang all accounts, individually end collectively, which | may open or re-open with you; shail inure to the Benufit of your . Present orgunization, its successors arid assigns; and shall be binding upan me and my estate, exacutors, administrators and assigns, but no assignment shell release me fram : any af my Obkgstions hereunder, Written notice of revocatinns of this aprcament shall not roleaso eithar of us from any gbligstions horeundipr arising prior to the actual receipt : of such notice by ihe other, : 10. imanares ef law cx reoasation is adogted which affects ola inconsietont with, any prosésion erect. such provision shel bo Gaomed moines of superseded, as the cose may pba Seep ahem Toi al hy pemirs yryowvnucne mana sop my fe censor en er ler frovisions apply.to any af avy traqsoctions'and.nccounts wath you, applicable to any of, my.options Siscncroareran , with, this.ayrewment. Should: such @ conflict pxist.l. shail be resolved In favor.of this agreement, Otraervvisn, this h, ". Keone nreet nicest come emmy, Yo? andi out whet Suite trom ; Please! Initial Here: CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) WARY bbdi788 EFTA_00019658 EFTA00169395

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Special Statement for Uncovered Option Writers Dwi of Oreste Best Secu ne Deutsche Bank Alex.Brown | There re special risks associated with uncovered option writing which expose the investor to potentially significant loss. | understand that this type of strategy may not be suitable for ail customers approved for options transactions, | also understand sach of the following: 1. The potential loss of uncovered call writing is unlimited, since there is no upper limit on a stock's price and the loss to a writer of an uncovered call equals the stock price minus the exercise pnce. The writer of an uncovered Call is in an extremely risky Position, and may incur large lasses if the value of the underlying instrument increases above the exercise price. Such a loss can exceed the equity in the call writer’s account. 2. The potential loss from writing uncovered put options is also substantial. The writer of an uncovered put option bears a risk of loss if the value of the underlying instrument dectines below the exercise price. However. since stock prices cannot be lower than 2ero, the maximum toss is equal to the strike price of the put sold less the premium received for that put. Such toss could be substantia) if there is a significant decline in the value of the underlying instrument and can exceed the equity in the put writer's account. 3. For combination writing, where the investor writes both 6 put and a call on the same underlying instrument, the potential risk is unlimited and can exceed the equity in the option writer's account. 4. Uncovered option writing is thus suitable only for the knowledgeable investor who understands the risks, hes the financial capacity and willingness to incur potentially substantial losses, and has sufficient liquid assets to meet applicable margin requirements. ir this regard, if the value of the underlying instrument moves against an uncovered writer's options position, the investor's broker may request significant additional margin payments. If an investor does not make such margin payments, the broker may liquidate stock or options positions in the investor's account, with little or no prior notice in accordance with the investor's margin agreement. 5. The option writer may not be able to rely on the secondary market. If a secondary market in options were to become unavailable, investors could not engage in closing transactions, and an option writer would remain obligated unti! expiration or assignment. 6. The writer of an American-style option is subject to being assigned an exercise at any time after he has written the option until the option expires. By contrast, the writer of a European-style option is subject to exercise assignment only during the exercise period. NOTE: It is expected that the person(s} signing below will read the booklet entitled Characteristics and Risks of Standardized Options available from your broker. Particular attention is directed to the chapter entitled “Risks of Buying and Writing Options.” This Statement is not intended to enumerate all of the risks entailed in writing uncovered options. | have read and understand the above statement regarding the special risks associated with uncovered option writing and represent that such trading is suitable in light of my investment objectives, which include speculation, as well 98 my financial situation, risk tolerance and knowledge. { underetand that you will rely on the representations | have made herein and in the Option Agreement snd Approval Form | provided to you in determining whether to approve my account for the zi }and | hereby certify the truth and accuracy of such statements. owe alps telex {fs Signed. ts _ a _ . Date — 08-DBA3.0126 OM 14 A (2106) poss CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) AQ bbds780 EFTA_00019659 EFTA00169396