EFTA01386008

risks for GM include cyclicality, and execution on an aggressive Auto 2.0 plan. Open full report ser to access the report htto://oultdb-omrettearoh.contlo/324-4CFEr249301878/09b525324583-4013-baNI- 51a3:?.Obaarl5 034 .we any ditlioulty aocestmg the report. please totward this e . oid 'PDF' in the subiect firms to After 90 days you can acoess the report on cur web t. hap //gm db corn yNi have subscribed to GM N scibscnotion. visit Moszgam.db.com/rtiri or email GMResearch SubscriptionsOdb coin iehim 1.c the siociarners in the lu report Mail Referenr,e.096525a2-d5a3-4013-babd-51a:SabbCel&g:t4ijoshua shcshanOdb con, Joshua Shoshan Director I Key Client Partners - US DB Securities Inc Deutsche Bark Wealth Management 54-0004 New York. NY, USA MI trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement. and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bar* is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. This email may contain confidential and/or privileged information. If you ale not the intended recipient (or have received this email in error). please notify the sender immediately and delete the email from your computer. Any unauthorized copying, disclosure or distribution of the material in this email is prohibited. KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the FIN RA Rule 4512(Q(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 OBSI 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. Key Client Partners (KCP) products. investment ideas and solutions and related matters discussed herein are provided for discussion purposes only, and strictly on a non-advisory bases The KCP Americas desk does not provide investment advice. 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 (n whole or in part) or disclosure olds content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DB& or any of its affiliates. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0087515 CONFIDENTIAL SONY GM_00233899 EFTA01386008