EFTA Document EFTA01373769

For Key Client Partners or US Institutional Investors. Not for Retail Distribution Deutsche Bank Municipal Capital Markets Group Four Client Businesses Issuer Financing Direct financing to municipal and non-profit clients on a tax-exempt basis across a variety of products Tax-Exempt and Affordable Housing Wide variety of financing solutions within the tax- exempt and affordable housing market Direct Lending: - Synthetic floating rate via TRS - Fixed rate: trading book, buy/hold - Originate for investor partners • Package w/ financing Relationships: - Borrowers, financial advisors, developers, brokers. etc. Deutsche Bank Investor Financing Financing and leverage for investors in tax-exempt assets across a variety of products Cash and Derivatives Trading Cash Trading in tax-exempt and taxable bonds; client derivatives and structured notes Financing Municipal Bonds: - Multi-billion USD financing book • Total Return Swaps • Structured Financing • Tender Option Bond • Custom, bespoke solutions Relationships: - Asset managers, hedge funds, family offices, alternative investors, etc I 5 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00214309 DB-SDNY-0068125 EFTA01373769