EFTA01461570

O ■ SXEP Index / SX4P Index 0.4714 2010 2011 2012 2013 2014 SXEP Index (STOXX Europe 600 011 & Gas Price EUR) Copyright!) 2014 Bloomberg Finance L.P. 16-Apr-2014 07:10:09 0.75 0.70 0.65 0.60 0.55 0.50 Kind regards, Pierluigi Amicarella Pierluigi Amicarella Deutsche Bank (Suisse) SA Key Client Partner Prim Tower Hardstrasse 201. 8005 Zurich, Smritzerland Tel. •41(58)1113490 Fax •41(58)1113450 Mobile •41 791202631 Emai The proposed ideas are being delivered to you by the DBS Key Client Partners CKCID") EMEA Switzeiland desk an your request for disciesion purposes onty and strictly on a non advisory Deals. The proposed ideas do not create any legally binding obligation on the part of Deutsche Bank AG and / of its affiliates (DEO. These ideas are for the consideration of the intended recipients of this mal onty. NOTE: The KCP EMEA Switzerland desk does not provide investment advice. All intended recipients are eophisticated. qualified investon within the meaning of the Sums Collectwo Investment Schemes Act of Juno 23. 2006 (CISA) and MIFID professionals who understand the strategy, charactensbcs and risks associated with the ideas proposed herein and will be able to evaluate it independently. The products mentioned in this presentation may not be registered vrith the Swiss Financial Market Supervisory Authonty (FINMA), and therefore, not supervised by the FINMA. As a resuft. you tannet dar any protection for tasegistered products under eeo CISA. No assura nee can be given that the objectives of the mentioned productsiservices will be achieved. Moreover, a deciskin to Invest in the mentioned products may have accountin, tax, legal and other implications. Therefore. you should discuss and review the tonten of This document and the offenng docurnentation of the mentioned produets with your own advisors and/or counsel, and conduct your am, irrvestigation to independently determine the suitability and consequences of such investrnents an your own financial cremstantes Prior to any decision. Ths docurnent is conftderftial and personal to you and is boing presented for informational and discussion purposes oniy. Any reproduction and/or redistribution thereof, in %stete or in part, and any disclosure of its tonen vrithout our consent is strictly forbidden. All trades an proposed ideas shall be subject to the relevant intemal approvals eher to execution. PAssitne*Pseen. Diese E-Mail enthält vertrauliche und/oder rechtlich geschützte Infonnationen. Wenn Sie nicht der richtige Adressat sind oder diese E-Mail irrtümlich erhalten haben, informieren Sie bitte sofort den CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0123700 CONFIDENTIAL SONY GM_00269884 EFTA01461570