EFTA01447425

O ■ SXEP Index / SX4P Index 0.4714 agi 2010 2011 2012 2013 2014 SXEP Index (STOXX Europe 600 011 & Gas Price EUR) Copyright!) 2014 Bloomberg Finance L.P. 16-Apr-2014 07:10:09 0.75 0.70 0.65 0.60 0.55 0.50 Kind regards, Pierluigi Amicarella Pierluigi Amicarella Deutsche Bank (Suisse) SA Key Client Partner Phrne Tower Hardstrasse 201. 8005 Zurich, Switzerland Tel. Fax Mobile Email The proposed ideas are being delivered to you by the DBS Key Client Partners FKCV) EMEA Switzerland desk on your request for discussion purposes only and stnctty on a non advisory Dosis. The proposed ideas do not create any legalty bi ding obtigation on the part of Deutsche Bank AG and f or its affdiates (DB"). These ideas are for the consideration of the intended recipierte of this mail only. NOTE: The KCP EMEA Switzerland desk does not provide investment advice. All intended recipients are sophisticated. qualibed investors within the meaning of the Sims Collectrve Investment Schemas Act of June 23. 2006 (CISA) and MIFID professionals Wie understand the st:M.4y. charactenstics and risks associated mith the ideas proposed herein and will be able to evaluate it independently. The products mentioned in this presentation may not be registered with the Swiss Financial Market Supervisory Authority (FINMA), and therefore, not supervised by the FINMA. As a resuft. you rannt clairn any protection for trregistered products under Die CISA. No assurance can be glven that the objectives of the mentioned productsiservices wdl be achieved. Moreover, a decision to invest in the mentioned products may have accounting, tax, legal and olher implications. lherefore, you should discuss and review the content of (Na dctument and the offering documentation of the mentioned products with your own advisors andrer counsel, and conduct your owi investigabon to independently deterrnine the suitability and consequences of such investments on your own financial circtrnstances Prior to any dechan. This docurncnt re conhderdial and personal to you and is being presented for informational and deeisasien purposes oNy. Any reproduction and/or redistribution thereof, in whole or in part, and any disclosure of its content without our consent is strictly forbidden. All trades an proposed ideas shall be subject to the relevant intemal approvals priar to execution. PAssitts4fr gem. Diese E-Mail enthält vertrauliche und/oder rechtlich geschützte Infonnationen. Wenn Sie nicht der richtige Adressat sind oder diese E-Mail irrtümlich erhalten haben, informieren Sie bitte sofort den CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0102052 CONFIDENTIAL SDNY GM_00248236 EFTA01447425