EFTA Document EFTA01446976

David Fo!kens-Landau Group Chief Economist Member of the Group Executive Committee Guy Ashton Marcel Cassard Richard Smith and Stove Pollard Global Chief Operating Officer Global Head Co-Global Heads Research FICC Research & Global Macro Economics Equity Research Michael Spencer Regional Head Asia Pacific Research International iocations l).tuiscii.: Blink Ai:, Deutsche Bank Place Level 16 Poutricrie Card AG London I Great Winchester Street London EC2N 2E0 Deutsche Bank Secuntrets In; 60 Wall Street New York. NY 10006 Global Disclaimer Ralf Hoffmann Regional Head Deutsche Bank Research. Germany Oman hir ktkni AG Grote GallusetraGe 10-14 60272 Franklun am Main Andreas Neubauer Regional Head Equity Research. Germany Omits( h., Kink AG Filiale Hongkong International Commerce Centre. Steve Pollard Regional Head Americas Research Deutsche 2..)CUTIDOE Inc 2-11-1 Nagatacho Sanno Park TOW'S% 71 The efeernetah and ctiemsa..n ihe won were reeved by Deutsche Bang AG el one of Ms Sitla1ss Kelleclinav 'Deutsche gan.V1 The infeerinnon hewn s Otlemd to be (gable and has been Maimed from pubis spoon belted to be ref ob. D•Jsche Panic Fn.,s no repnwentatsen as to Me is:curvy or completeness Cl such 'Men/when [munchx Bunk met engage on *monies Penton one on a preprmary beet or oilharreic.. ha manner atenuatent huh th• own taken m ram. neon In Sea.. others werun bench* tank, including naps and nee nal. maytaw./ yew out • Aornniem wtthemaken an the reieetch wen Opmmus, atone/es and peed ons n the noon constitute the currms raS r went or the eulher a* rite date of 0,6 neon They do not moisten,/ teflon Me 0/1100,4 0/ NOW. Bank erg ve sublecl to change wens. ovum Oeutmhe bank Ism no obagrnron to cent madly or amen/ Me Mood or le ollwentse nary • recipient Menial n Oy 01•4011 0111 any opine. lowest or esterele set forth hens. charges or scterommtN becomes meow.* Feces and evaniblly of Nuncio, netniniortis re piped to chafes wed me nolo* The recoil IS proyded for triftwrisitenel pewees only n ons, an Mier or a seknaten el an ...to boy one, eery 1~041 retry/writs or to 11441C011111 et any 120144114/ trading 00411PY T.100/ peon en .Mnnct 110P""=" " • 011/141-CI el the 611.VMS°60. 11111". Al • 1414.11ot Dec Hine Baran kletch 201Cimosmown of ISHICIleni AG • securer any be compel by mare thin one arodyst want Ow Ceunche bank group fad. of 1110/11anekests prey use suffenry teen to yes* the 11•CUily Os • neut. tre necennsmattone nay clew Ind aka pit lap,/ mg whew. of each may verreaSny In 0010.111203O. Oeulmhe b01111 0411,1140 • new policy afweeby nests may choose not to to or 110•1111LOin • lave pm**. Sedan issuers under coverage we, a Hold 'nog In ensue'. Mo "CI twat,' taut ler 140101 Wad stocks htY00 a newel cap smaller then moil ether companies SCOW or reg., We b•11400 that such poles wg *lbw to lo mike best use Cl our runmetes Mean oat our vabsee IttpArrn <boom to Pam., 010 Wren once of eery stock The mane.' 1/41,11,0046 dmukeed ut de roman my we be *dude lor a erasion are incesion nuns Thy own efcrrned armstmes bosons Simi immanent can Mid to lope. a • 101011 ot pas fuchortm• *NO 011141 factors 1/ 11/11,441 111610,44111 IS denominate] • rummy oiler than vt mew tore currency. • clings n anchimg• rows .nn *Owner* elect Ow tmennern 0411 140.00111/014 • Int reOn•••010 ,Ild.:41104 of finsee resat* °eutectic. Bank nay wen reties" hi seesaw carved by the 11934 140 10 or buy from customers on • pnnuissl bests, rod consider Mn won In ovens to 00/14 On • poproury bate ▪ g0/1101100 as pm/on 001111/4411. 11110114/K1 ors shusid Ca imecutted thetnry, he Devise,' emit easy n tIvermstorish00,11 0.011.000,0 In the U S Ms repel s approved matt detrOmed by Deutsche Bark Secuirles Inc, a meals* of Me NYSE the NASA WA and SIPC In Germany The coon * approved chador communbeed by Oeutiche Benk AG Forego" authorized by the lad. n In the Levied K agdom the wpm is assiroyed rats Cet/ITUfiC1040 by Cmitscfri Berk AG London.. matte The twee. Stock Exchange and/09104W by Be Finencel Conduct /04.0,011ty lot the cer4).*1 01 chastment bosoms to Oe 5M and irchrizel in tie gad. Ths rem. d clgrannad .n Hand gond by Dmilthe Beck AA Hang Song Brach. in tome by Cautivhe Senctet Kral Co The report 0 deenbuted on Scoops...In Dovische Bent AG, grewpme trench m Deutsche Sec tines 444 1.sYll 40 Sngapore Stench On. Paine' Cow 110 00 South Amer Segepare 040603...% 6423 /30011, an, wipes, m Shaapsre of Ma repon re to CtrY4C1C•01/040 Bret AG, &NIKO lb e-'en , or Deutsch/SKOP/4S Ate lynch* S noose &Wei n respect of cow nett s *Ming from or ,n 0:0101/COM 4 1411. INs 0.00/1 Wl4f1.1..s repel a *sued or promdkated n SyNapore to • t enon who not in, cocreacen weintor. expert ewestor or nstsulehel 'C ato( las defined m Me approas* Sroopore ern chd requester*. C4niche Bent AG. SIV4.001 6/11001 or Chntsaw SKY/Me Ant Linnet Si noose e/ ICC/ *cans *gal responsfinly to such Deno, for Ihe Oimicres of tot report in Albin the 1000/1 i approved onSim dantvied be De.sChe $4010/141.10/ 704 ISO MEMO° C0/114040 MM. resort dime not cone ca• the P1001400 g towestnwre edoce In Amino1 gnarl cairns Ovoid obtain • copy ol • Feseal Oecesmir Statemero 1005) Matte to any Mama, readmit referred Ion tin repot end consort the PDS before ma4.2 any des on about Weeny to eceuve Me P/00,0 0110150.11 beak AG Johamegomg n comp/rated 0104 F•Mral Aepurbk of Germany 'Branch Roaster Number .n South Nrti• 190&6032011/10 Addierni ceeernatusit rein me to securities, OM* french*, products or nsuers bscussed in Ms 'open n evaierne UPC, request The neon nay net 0.161:04061‘410. 0.1.01bLIA0 ce Published by err person for sty purpose Weis. Deutsche bent' mar rotten canoe Pease cwt *tune when closing Coerce. t 2014 Deutsche Tens AG CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0101437 CONFIDENTIAL SDNY_GM_00247621 EFTA01446976