From: DeAWM-WM DerivativeDoes

From: DeAWM-WM DerivativeDoes To: undisclosed-recipients:; Subject: Deutsche Bank: Dodd-Frank Title VII Regulation: Annual Disclosure Reminder Date: Wed, 17 Jan 2018 19:26:38 +0000 Attachments: EBC Annual_Disclosure_Notice 2018.pdf Annual External Business Conduct Standards Notice Dear Valued Client, Please see the attached important reminder regarding the Deutsche Bank Dodd-Frank Resource Centre (www.db.com/doddfrank) and certain disclosures that Deutsche Bank as a registered swap dealer is required to provide to US Person counterparties when entering in swap transactions. If you are an agent, you are being sent this notice on behalf of all accounts, clients, funds, investors, and/or other principals that you represent and that are US Person counterparties of Deutsche Bank. You are not required to take any action as a result of your receipt of this notice. Kind Regards DeWM Derivatives Documentation Team DBSI does not accept orders and/or instructions regarding your account by e-mail. Any orders or transactional requests sent by e-mail will not be processed until DBSI can confirm your instructions or obtain appropriate written documentation, where necessary. 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. Please refer to https://db.com/disclosures for additional EU corporate and regulatory disclosures. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA00907177