EFTA00944487.txt

"From: Jeffrey E. [email protected] To: Ariane de Rothschild Date: Wed, 29 Nov 2017"

"I think the merger of you and JB with you in charge would be great. as i always thought , the family is lost . they had no noncompete in place. as i k"

"Should I see the chairman of JB s board ? Wasn't he to be replaced soon too ?"

"YOU personally as opposed to benj trusts to be compensated fully"