EFTA01461725

105/108 Old Broad St (Pinners Hall), EC2N lEN London, United Kingdom Tel. +44 (20) 754-13613 Mobile +44 7887 628487 Email nay.gupta@db.com Any proposed ideas are being delivered to you by the DeAWM Key Client Partners ( KCP ) London desk for discussion purposes only, and do not create any legally binding obligation on the part of Deutsche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, characteristics and risks associated with any ideas proposed herein and will be able to evaluate it independently. All trades on proposed ideas shall be subject to the relevant internal approvals prior to execution. (Embedded image moved to file: pic24348.gif) CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 123927 CONFIDENTIAL SDNY_GM_00270111 EFTA01461725