EFTA01387239

Deutsche Bank Wealth Management Preferred Certificates of Deposit Deutsche Bank AG New York Preferred Certificates of Deposit (Deutsche Bank AG Preferred CDs) offer a balance between your short-term liquidity needs and long- term strategic objectives, allowing you to purchase one or many deposits with a variety of maturities and interest rates. Rates may be fixed, or variable based upon an established index. Strategic features — Deutsche Bank AG Preferred CDs provide clients with short. and long-term solutions for a strategic cash position within their portfolios — Clients are required to maintain a Deutsche Bank Trust Company Americas (DBTCA) deposit account — Deutsche Bank AG Preferred CDs may offer competitive yields relative to other cash investment alternatives — Current Deutsche Bank AG clients can use their existing DBTCA deposit account to purchase Deutsche Bank AG Preferred CDs — Laddered Deutsche Bank AG Preferred CDs may help to mitigate market risk and offer competitive returns as well as a tailored balance between long-term returns and short-term liquidity — Deutsche Bank AG Prefer red CDs can be timed to help fund strategic payments such as real estate, insurance premiums and charitable commitments — Deutsche Bank AG's credit ratings are among the highest in the financial industry. Please visit https://vvwvi.db.coln/n/en/currentaalings.htm for current Deutsche Bank AG ratings' Low interest rates Increasing cash deposits Need for alternative liquidity solutions Ter ms Issuer Minimum investment Maximum investment Asset protection Currency Available fixed-rate terms Available variable-rate terms Early withdrawals Sales or transfers Additional information Deutsche Bank AG New York Branch $250.000 $25,000.000 per client per term. Please contact your Relationship Manager about larger investment amounts. Not FDIC insured USD denomination only 1-month, 3.month, 6-month, 12-month, IS-month, 24-month and other terms for promotional purpons. 9-month and other terms for promotional purposes No additional deposits or partial withdrawals may be made. No early withdrawals will be available but may be permitted by Deutsche Bank AG NY Branch in its sole discretion.' Sales or transfers of CDs are not permitted — Al maturity, the principal and accrued interest will be transferred to your DBTCA deposit account): — No interest will accrue after maturity of the Deutsche Bank AG Preferred CD — Deutsche Bank AG Preferred CDs will NOT automatically roll over CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0089446 SDNY_GM_00235630 EFTA01387239