From: DeAWM-WM DerivativeDoes •tt

From: DeAWM-WM DerivativeDoes •tt a> To: undisclosed-recipients:; Subject: Dodd Frank Quarterly Notification [C] Date: Fri, 23 Jan 2015 20:38:46 +0000 Attachments: DB Dodd-Frank_Quarterlyjnitial_Margin_Reporting_Q4_2014.pdf Classification: Confidential Dear Client, Please review the attached notice, which Deutsche Bank AG is sending to you pursuant to CFTC Regulation 23.704. You are not required to take any other action as a result of your receipt of this notice. Thank you for your consideration. Kind Regards, DeAWM Derivative Documents Team This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA00865877