EFTA Document EFTA01408038

Deutsche Bank AG New York Preferred Banking Account Effective 10/10/2017 Deutsche Bank AG NY Preferred Banking Account — Not FDIC insured Deposit Account Interest Rate Personal Business Balances < $50mm Balances between $50mm & $100mm Balances > $100mm 0.85% Annual Percentage Yield (APY) 0.85% 0.65% 0.65% 0.60% 0.55% 0.60% 0.55% The interest rates and Annual Percentage Yields deposit rate sheet are effective as of the date above. We may at our discretion change each interest rate and APY on variable rate accounts at any time. We may change this deposit rate sheet at our discretion at any time. We may create new balance tiers or consolidate existing balance tiers at any time Minimum initial deposit amounts: $250,000 for Deutsche Bank AG NY Preferring Banking Account (Personal and Business (Tiered Rates)). Fees may reduce earnings. Not FDIC-Insured I Not Insured the United States I Not Guaranteed by Deutsche Bank Trust Solely of Deutsche Bank AG New York Branch Separate information will be provided subject to the statutory deposit guarantee scheme under the German Deposit Guarantee Act (EinSiG). If no such separate information is provided to you, the relevant product will not be subject to the EinSiG. (APYs) listed in this shown or Guaranteed by any Governmental Agency of Company Americas (DBTCA) I Obligation to you if the relevant product is EFTA01408038 This material has been prepared for discussion purposes only and is not intended to be an offer or solicitation, or the basis for any contract to purchase or sell any security, or other instrument, or for Deutsche Bank AG to enter into or arrange any type of transaction as a consequence of any information contained herein. These investments may not be suitable for all Private Customers of Deutsche Bank AG and advice should be sought from your relationship manager in cases of uncertainty. We assume no responsibility to advise the recipients of this document with regard to changes in our views. No product or service offered by any entity within Deutsche Bank AG is guaranteed by any other entity within Deutsche Bank AG unless specifically agreed in writing. Banking deposit products are offered through Deutsche Bank AG New York Branch and are not insured by the FDIC or guaranteed by any governmental agency of the United States. Deutsche Bank AG, including its subsidiaries and affiliates, does not provide legal, tax or accounting advice. This communication was not intended or written to be used, and cannot be used or relied upon, by any taxpayer for purposes of avoiding any U.S. federal tax penalties. The recipient of this communication should seek advice from an independent tax advisor regarding any tax matters addressed herein based on their particular circumstances. This information also is not financial advice or a solicitation. Recipients should consult their applicable professional advisors prior to acting on any information set forth herein. Pursuant to IRS regulations, we inform you that any tax advice contained in this communication (including any attachments) is not intended or written to be used for purposes of (i) avoiding tax related penalties, or (ii) promoting, marketing or recommending to another party any transaction or matter referred to herein. Deutsche Bank AG NY Branch's accounts and deposits, and any investment by you in the Preferred CDs issued by, and Preferred Banking Account maintained at, Deutsche Bank AG NY Branch, are: — NOT insured by the Federal Deposit Insurance Corporation (FDIC). — NOT insured or guaranteed by any governmental agency of the United States. — NOT guaranteed by Deutsche Bank Trust Company Americas (DBTCA). — Solely obligations of the New York Branch of Deutsche Bank AG. Separate information will be provided to you if the relevant product is subject to the statutory deposit guarantee scheme under the German Deposit Guarantee Act (EinSiG). If no such separate information is provided to you, the relevant product will not be subject to the EinSiG. "Deutsche Bank" means Deutsche Bank AG and its affiliated companies. Deutsche Bank Wealth Management represents the wealth management activities conducted by Deutsche Bank AG or its subsidiaries. Brokerage services are offered through Deutsche Bank Securities Inc., a broker-dealer and registered investment adviser, which conducts securities activities in the United States. Deutsche Bank Securities Inc. is a member EFTA01408039 of FINRA, NYSE and SIPC. Banking and lending services are offered through Deutsche Bank Trust Company Americas, member FDIC, and other members of the Deutsche Bank Group. 0 2017 Deutsche Bank AG. All rights reserved. 023927T.070617 EFTA01408040