EFTA01364463

Historical Performance vs MSCI World and Barclays Agg 1S0% 160% 1404 1.20% 100% 10% 60% 4e44 20% 0% 'ft t• t• X Xavier Avila Managing Director I Key Clients Partners Wealth Management Americas Deutsche Bank Securities Inc 345 Park Avenue. New York, NY. 10154-0004 Office Mobil Email Key Client Partners (KCP) Americas does not provide investment advice and the products. investment ideas and solutions and related matters discussed herein are provided for discussion purposes only, and strictly on a non-advisory basis. KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the F1NRA Rule 4512(C)(3). and who are capable of evaluating the strategies, characteristics and investment risks of, and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of 0831 or its affiliates prior to execution, and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. The information set forth herein is confidential and personal to you and is being presented for your information and for discussion purposes only. Any reproduction and/or redistribution thereof (m whole or in pert) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DEIS1 or any of its affiliates. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0055003 CONFIDENTIAL SDNY_GM_00201187 EFTA01364463