EFTA Document EFTA01433498

EFTA01433498 EFTA01433499 EFTA01433500 EFTA01433501 EFTA01433502 EFTA01433503 EFTA01433504 EFTA01433505 isnayio iizu £>:>x rnmu; ohiva hl? xu; '3 I mitiU-J/ 0/t17/ ] 3 Deutsche Bank AG, London Branch 15 May, 2018 Currency Option Transaction Our ref; 1603998242-1 DB USI: 10302106780112000000000000000001603998242P DB UTI110302106780112000000000000000001603998242P Trade Repository: DTCC Deutsche Bank AG. London Branch FX Options Operations Winchester House 1, Great Wnchester Street London. EC2N2DB PRIVATE CUEhTT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC 1 SOUTH STREET BALTIMORE 21202. MARYLAND. UNITED STATES +1 4435414739 Telex; 94015555 Swift; DEUT GB2L Direct Line: Direct Fax: IIIIV6366 Dear Sits, The purpose of this letter agreement is to confirm the terms and conditions of the Currency Option entered into between us Deutsche Bank AG, London Branch C'Party A") and PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC ("Party B") on the Trade Date referred to below (the 'Transaction"). The definitions and provisions contained in the 1998 FXand Currency Option Definitions (the "FX Definitions") as published by the international Swaps and Derivatives Association. Inc., the Emerging Markets Traders Association and The Foreign Bcchange Committee are incorporated into this Confirmation. In the event of any inconsistency between the FX Definitions and this Confirmation, this Confirmation will prevail. If you and we are parties to an ISDA Master Agreement (an "Agreement') then this Confirmation supplements, forms part of and is subject to such Agreement, if you and we are not yet parties to an Agreementthen this Confirmation evidences a complete and binding agreement between Party A and Party B as to the terms of the Transaction to which this Confirmation relates. In addition Party A and Party B agree to use all reasonable efforts promptly to negotiate, execute and deliver an agreement in the form of the EFTA01433506 2002 ISDA Master Agreement (the "ISDA Form") with such modifications as you and we will in good faith agree. Upon execution by Party A and Party B of such an agreement, this Confirmation will supplement, form part of. and be subject to that agreement. All provisions contained or incorporated by reference in that agreement upon its execution will govern this Confirmation. Until we execute and deliver that agreement, this Confirmation, together with all other documents referring to the ISDA Form (each a "Confirmation") confirming transactions (each a 'Transaction") entered into between us (notwithstanding anything to the contrary in a Confirmation) shall supplement, form a part of, and be subject to an agreement in the form of the ISDA Form as if we had executed an agreement on the Trade Date of the first such Transaction between us and such form with the schedule thereto (i) specifying only that (a) the governing law is English law and (b) the Termination Currency is U.S. Dollars, and c) each party gives the Payer Representation set out in Part 2(a)(1) of the pro-forma Schedule to the ISDA Form; and (ii) incorporating any other modifications to the ISDA Form specified below. Oisirman of Supervisory Board Paul Achlaiiner. Manegemem Board John Cryan Oauischo Bank AG isejoimsiock corporation wilh limited liability incorporated m the Federal (Diarman), Kimberly Hammonds. Suan Lewis. S^tvie Matherat. Garth Ritchie, Karl von Republic of Germany. Loc^ Court of Frankfurt am Main, HRBNo 3C 000, Branch Registration Rohr. Marcus Schenck. Christian Sewing. Werner Sienmtiller. Jeffrey Uiwin in England end Wales BRO00005 and Registered Address Winchester House, 1 Great Deutsche Bank AG is authorised under Germart Banking Law (competent authority: Winchester Street, London EC2N 2C6. Deutsche Bank AG, London Branch is a member of Biropean Cenuai Bank and the BaFln, Germany's Federal Financial Supetvisciry the London Stock Exchange. (Details about the extent of our authonsation and regulation in Authority)and.iniheUniiedKingclom.CiyinePrudentialRegulalionAuinoitly llissubject the United Kingdom oe avaUeble on request or from to supervision by the European Central BankandbyiheBaFin, end is subjecuo Irmted www.db.com/en/content/eu_dsclosuree.htin) regulahw m the United Kingdom by the Financial Conduct Aulhorlty and the Prudential Regulation Auihonty Page 1 of 3 •ru5 ^iei^i405/o/u5/ id I Di'idy 10 I I z I £ia*i' fKUl'i! UJ!>UTf>Ln£. CH1.1A Hl» l'HO£i QUZ The terms of the Transaction to which this Confirmation relates are as follows; 1, General Terms; Trade Date: Buyer EFTA01433507 Seller: 15 May 2018 Party A Party B European EUR Put/USDCall EUR 20,000,000.00 Call Currency and Call Currency Amount: USD 23,200,000.00 14 June 2018 10:00 hours (Local time in New York) 18 June 2018 USD 1.160000 per EUR 1.00 Currency Option Style; Currency Option Type: Put Currency and Put Currency Amount Expiration Date; Expiration Time: Settlement Date; Strike Price: 2. Representations: Each party repres^tstothe other party as of the date that it enters into this Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for this Transaction): (i) Non-Reliance. It is acting for its own account, and it has made its ovm independent decisions to enter into this Transaction and as to whether the Transaction is appropriate or proper for it based upon its own judgement and upon advice from such advisers as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into this Transaction, it being understood that information and explanations related to the terms and conditions of this Transaction shall not be considered to be investment advice or a recommendation to enter into the Transaction. No communication (written or oral) received from the other party shall be deemed to be an assurance or guarantee as to the expected results of this Transaction. Assessment and Understanding. It is capable of assessing the merits of and understanding (on its ov/n behalf or through independent professional advice), and understands and accepts the terms and conditions and risks of this Transaction. It is also capable of assuming, and assumes, the risks of the Transaction. (ii) (iii) Status of Parties. The other party is not acting as a fiduciary for or adviser to it in respect of this Transaction. Deutsche Bank Disclosure: Party A has addressed a disclosure statement and terms to customers of its EFTA01433508 foreign archange business, which is available at the following v/ebsite; https;//www.db.com/en/content/Foreign-Exchange- Disclosures.htm Please confirm that the foregoing correctly sets forth the terms of our agreement by executing the copy of this Confirmation enclosed for that purpose and returning it to us or by sending to us a letter or ^csimile substantially similar to this letter, which letter or facsimile sets forth the material terms of the Transaction to which this Confirmation relates and indicates your agreement to those terms. Oiarman of the Supervisory Board. Paul Achieiiner. Mensdemem Board John Cryan Deutsche Bonk AG is a jont stour corporation vuih limited liability incorporated in the Federal (Cheinnen).Kirnbery Hammonds. Stuart Lewis. S/MeMaiherat.Ganh Ritchie, Karl von Republic of Germany, Local Court of Frankfurt am Main, HRBNo. 30000, Branch Registration Rohr. Marcus Schenck, Christian Sewing, Werner StemmUller, Jeffrey Urwin. in England and Wales BRO00005 and Registered Address Winchester House. 1 Great Deutsche Bank AG s aulhonsed under German Banking Law {competent authority Winchester Street. London EC2N 2C8 Deutsche Bank AG. London Branch is a member of European Central Bank and the BaFin, Germany's Federal Financial Supervisory the London Stock Exchange. (Detsls about the extent of our authonsaiion and regulation in Authontyland.intheUnliedKingdom.bythePrudeniialRegulationAulhoniy Itissubject the United Kolg^m are available on request or from to supervision by me European Central Sank and by the BaFin, end is subject to Irmted vnvw com/en/content/eu_discio$ures.htrn) regulaeon m the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Aulhoney P39e2o(3 XUS ID iDrmyio ii^^ j!.:>t £Kun: t/siiu-iocni!. Dtiim mo f'HOfi UUJ Yours faithfully, for and on behalf of Deutsche Bank AG, London Branch OsAji^ y By/ Name: ApaFPwSRfivakava Title; Authorised Signatory Confirmed as o I lUB. nuuiui Rscu oigiidiui y first above written: PRIVATE CLIENT S^VICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC Bv: V Name: Authorised By: EFTA01433509 Name; Authorised Signatory For any (weiyrelafirig to this Confirmation, please contact us on 001 If you agree^h the details of this confirmation, please sign and return to fax number 001 Oiairmsn o( the Superviscty Board Paul Achleitner. Managemenc Botfd John Cryan (Chairmanl, Kimbar^ Hammonds, SuanLoivis, 9/Ma Mauie-'at.Gaith Ritchie. Karl von Rohr, Marcus Schenck, Christian Sevting, Werner Sienmtillar. Jeffrey Urwin Dsucsche Bank AG is authorised under Gennen Bsniong Law (competent authority Brropean Central and the BaFin. Germany's Federal Feiancia) Supervisory Authority) and. in theUniiedKingdom, EvChePiudeniiai Regulation Aulhoniy It is subject to supemsion by the European Central Bank endby the BaFin. end is subject to limied regulation in the United Kingdom by the Financial Conduct Aulboiity and [he Prudential Regulation Auihoniy Deutsche Bank AG is a torn stock coiporaiion with Knlied kabitity incorporated m the Federal Republic of Germany, Local Court of Frankfurt am Main. HRBNo 30 000, Branch Registration in England and Wales BRO00005 and Registered Address Wnchesier House. 1 Great Winchester Street London BC3N 2C6 Deutsche Bank AG. London Branch is a member of the London Stock Exchange. (Deiaifs about the extent of our auihonsation and regufaiion n the Unsed Kngdom we avail^e on request or from WWW ds.comrenfcontenVeu.disciosures him) Page 3 of 3 TU; 9 MJ9 I 4/U/ Ql\avf I K IDi'myi0 1043 iiQT JKUni JJiUX&UltCi J^HH^ HU HHUri uejl Deutsche Bank AG, London Branch 15 May, 2018 Currency Option Transaction Our ref: 1603998241-1 DB US!; 10302106780112000000000000000001603998241P DB UTI; 10302106780112000000000000000001603998241P Trade Repository; DTCC PRIVATE CLIEt'TT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC Deutsche Bank AG, London Branch FX Options Operations Winchester House 1, Great Winchester Street London. EC2N 2DB 1 SOUTH STREET EFTA01433510 BALTIMORE 21202. MARYLAND, UNITED STATES +1 4435414739 Telex: 94015555 Swift: DEUT GB2L Direct Line; Direct Fax: IIIIV6366 Dear Sirs. The purpose of this letter agreement is to confirm the terms and conditions of the Currency Option entered into between us Deutsche Bank AG, London Branch ("Party A") and PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC ("Party B") on the Trade Date referred to below (the Transaction"). The definitions and provisions 0>ntained in the 1998 FX and Currency Option Definitions (the "FX Definitions") as published by the International Swaps and Derivatives Association, Inc., the Emerging Markets Traders Association and The Foreign Exchange Committee are incorporated into this Confirmation. In the event of any inconsistency between the FX Definitions and ttiis Confirmation, this Confirmation will prevail. If you and we are parties to an ISDA Master Agreement (an "Agreemenf) then this Confirmation supplements, forms part of and is subject to such Agreement. If you and we are not yet parties to an Agreement then this Confirmation evidences a complete and binding agreement betvoen Party A and Party B as to the terms of the Transaction to which this Confirmation relates. In addition Party A and Party B agree to use all reasonable efforts promptly to negotiate, execute and deliver an agreement in the form of the 2002 ISDA Master Agreement (the "ISDA Form") with such modifications as you and we \mII in good faith agree. Upon execution by Party A and Party B of such an agreement, this Confirmation will supplement, form part of, and be subject to that agreement All provisions contained or incorporated by reference in that agreement upon its execution will govern this Confirmation. Until we execute and deliver that agreement, this Confirmation, together with all other documents referring to the ISDA Form (each a "Confirmation") confirming transactions (each a Transaction") entered into between us (notwithstanding anything to the contrary in a Confirmation) shall supplement, form a part of, and be subject to an agreement in the form of the ISDA Form as if we had executed an agreement on the Trade Date of the first such Transaction between us and such form with the schedule thereto (i) specifying only that (a) the governing law is Engiish law and (b) the Termination Currency is U.S. Dollars, and c) each party gives the Payer Representation set out In Part 2(a)(1) of the pro-forma Schedule to the ISDA Form; and (ii) incorporating any other modifications to the ISDA Form specified below. Oieirman o< ihs Supervisoiy Board Paul Achleiinar Management Board John Ciyan Deutsche Bank AG is a joint stock coiporanon vhih iimiied liability incorporated m the Federal EFTA01433511 (Chairman), Kimberly Hammonds. Stuart Lems. 9/t/ieMatherai.Gailh Ritchie. Kart von Republic of Germany. Loca CourtofPrsnkfunatnMain.HRBNo. 30 000. Branch Regist/aiion Rohr, Marcus Schenck. Chrishan Sevring. Werner Steinm011er. Jeffrey Uiwm. In England and Wales BRO00005 and Registered Address Winchester House. 1 Great C^utsche Bank AG is auinonsed under German Banking Law (competent authority' Winchester Street, London EC2N 3C8. Deutsche Bank AG. London Branch is a member of European Central Bank and the BaFin, Germany's Federal Finandal Supervisory the Lwtdon Stock Exchange (D^ails ^utlhe extent of our aulhonsalion Bn<3 regulation in Auihority)and.iniheUniiedKingdom.byihePrudanti8iRegulationAuthonly.11issubje- ct the United Kingdom are available on request or from to supervision by the European Central Bankandby iheBaFin, end is subject to Iniited vmwdb com/en/conlent/eudisclosures.htm) regulation in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority Page I ct 3 iUJ t'Ill^?l4/U/O/Wr/IQ I 31'lcty I K I ili&T rnuri! iJiLUTouniij DHIN^ hu The terms of ti^e Transaction to which this Confirmation relates are as follov\s: 1 General Terms: Trade Date: Buyer: Seller: 15 May 2018 Party B Party A European EUR Put/USD Call EUR 10,000,000.00 Call Currency and Call Currency Amount: USD 11,800,000.00 Expiration Date: Expiration Time: Settlement Date: Currency Option Style: Currency Option Type: Put Currency and Put Currency Amount: 14 June 2018 10:00 hours (Local time in New York) 18 June 2018 USD 1,180000 per EUR 1.00 USD 41.250.00 Party B 17 May 2018 Deutsche Bank Trust Co Americas, New York EFTA01433512 Swift Code: BKTRUS33XXX Acc: No.: 04-411-739 021001033 ABA 0103 CHIPS ID 096804 Strike Price: Premium: Premium payable by: Premium Payment Date: Premium Payment Instructions: 2 Representations: Each party represents to the other parly as of the date that it enters into this Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for this Transaction): (D Non>Reliance. It is acting for its own account, and it has made its own Independent decisions to enter into this Transaction and as to whether the Transaction is appropriate or proper for it based upon its own judgement and upon advice from such advisers as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into this Transaction, it being understood that information and explanations related to the terms and conditions of this Transaction shall not be considered to be investment advice or a recommendation to enter into the Transaction. No communication (written or oral) recdvedfrom Ute other party shall be deemed to be an assurance or guarantee as to Oie expected results of this Transaction. Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts tee terms and conditions and risks of this Transaction. It is also capable of assuming, and assumes, the risks of the Transaction. (ii) (iii) Status of Parties. The other party is not acting as a fiduciary for or adviser to it in respect of this Transaction. Deutsche Bank Disclosure: Party A has addressed a disclosure statement and terms to customers of its foreign ^change business, which is available at the following website: https://www.db.com/en/content/Foreign-B(change- Disclosures.htm Rease confirm that tee teregoing correctly sets forth the terms of our agreement by executing the copy of this Confirmation enclosed for that purpose and returning it to us or by sending to us a letter or facsimile substantially similar to this letter, which letter or facsimile sets forth tee material terms of the Transaction to which this Confirmation relates and indicates your agreement to those terms. Cneirman of Ih<< SupervisCKy Board Paul Achleiiner. Managemeni Board John Cryan Oautscha Boole AS is a lOini stock corporation nilh iimlied liaoitiiy EFTA01433513 incotporated in the Pedara) (Chalimw). Kimbary Hammonds. Suart Lerris. 9/Me Metherat, Garth Ritchie, Karl von Repubbe Ot Germany. Local Court ol FrantJurramUain, HRS No 30 000, Branch Registration Rohr, Marcus Schenck, Qiristjan Se-rring, Werner Steiniri011er, Jeffrey Urwin in England end Wales BRO00005 and Registered Address Wnchesier House, 1 Great C^ulsche Bank AG is authonsed under German Banicng Law (competent euthoii^ Winchester Street. London EC3N 306 Deutsche Benk AG. London Branch is a member of European Central Bank and the BaFm. Germany's Federal Fnanciat Supervisory the London Stock Exchange (Oatsis about the extent oT our authonsaiion and regulsionin Authorsyland.iniheUnitedKingdom.bylheFtudenUaiRegulatlonAulhonty liissut^i the United Kmgdom ere avaieble on request or from to supervision by the European Ceniid Bank end by the BeFin. and is subject to Inued wnv><8).com/en/conienveu_dsclosures.tuin) cegulaaon m the United Kingdom by the Financial Conduct Authorsy and the ftudeniial Regulation Authoniy Page 2 ol 3 urmyio \'a'*/ £>aT fnun: iJj:.UT&Lni:i CHitn hij TUJ '3\VS'3\'*/\lUQ/\li'3/ 10 Yours faithfully, for and on behalf of Deutsche Bank AG, London Branch Name; Apaffta-Sfinvastava Title: Authorised Signatory Confirmed as of the date first above written: lue. nuuiuiiaeu oiyii«tiuiy PRIVATB1:LIENT services PWM ALEX brown AC SOUTHERN FINANCIAL LLC By; By; Name: Authorised Signato Name: Authorised Signatory For any queryTekiting to this Confirmation, please contact us on 001 If you agree with the details of this confirmation, please sign and return to fax number 001 Ddulschd Bank AS is a joint stock corporation wrth iimtted Bability incorporated in the Federal Republic of Germany. Locd Court of Frankfurt am Main, HRBNo 30000, Brancn Registration in Engird and Wales BRO00005 and Registered Address' Winchester House. 1 Great EFTA01433514 Winchester Street, London EC2N 2CB Deutsche Bank AG, London BrenOi is 3 member of the London Stock Exch^ge (D^aits about the extent of our aulhonsation end regulation in the Unted Kingdom are axaiiabte on request or WWW db com/en/conleni/eu _disclosures.htm) Chairman of the Supenhsoiy Board Paul Achleitner. Management Board John Cryen (Chairman), Kimberly Hammonds. Stuart Lewis, Sylvie Matherai. Garin Ritchie, Kar! von Rohr, Marcus Schenck, Christian Sewing, Werner Siemmailer. Jeffrey Urwin Deutsche Bank AG is aulhonsed under German Banking Lew (compeient authonty European Cenuai Bank and the BaFin, Germany's Federal Financial Supervisory Audrority] and, m iheUniied Kingdom, by the Prudential Regulation Auihohry It is subject to supervision by die European Central Bankardty the BaFin, end is subject to Imted reflation in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authonty from Page 3 of 3 isnayio lej^^ j!>&t iiKUi'is dhina hu ±'Hbil. uu I 'i'u; '3\ki'3\m m o/ i / Deutsche Bank AG, London Branch 15 May, 2018 Currency Option Transaction Our ref; 1603998244-1 DB USl: 10302106780112000000000000000001603998244P DB UTI:10302106780112000000000000000001603998244P Trade Repository: DTCC PRIVATE CUENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC Deutsche Bank AG, London Branch FX Options Operations \Mnchester House 1, Great Winchester Street London. EC2N 2DB 1 SOUTH STREET BALTIMORE 21202, MARYLAND. UNITED STATES +1 4435414739 Telex: 94015555 Swift: DEUT GB2L Direct Line: Direct Fax: IIIIV6366 Dear Sirs, The purpose of this letter agreement is to confirm the terms and conditions of the Currency Option entered into between us Deutsche Bank AG, London Branch C'Party A") and PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN EFTA01433515 FINANCIAL LLC ("Party B") on the Trade Date referred to below (the 'Transaction"). The definitions and provisions contained in the 1998 FXand Currency Option Definitions (the "FX Definitions") as published by the International Swaps and Derivatives Association, Inc., the Emerging Markets Traders Association and The Foreign Exchange Committee are incorporated into this Confirmation. In the event of any inconsistency between the FX Definitions and this Confirmation, this Confirmation will prevail. If you and we are parties to an ISDA Master Agreement (an "Agreemenf} then this Confirmation supplements, forms part of and is subject to such Agreement. If you and we are not yet parties to an Agreementthen this Confirmation evidences a complete and binding agreement between Par^ A and Party B as to the terms of the Transaction to v4iich this Confirmation relates. In addition Party A and Party B agree to use all reasonable efforts promptly to negotiate, execute and deliver an agreement in the form of the 2002 ISDA Master Agreement (the "ISDA Form") with such modifications as you and we will in good faith agree. Upon execution by Party A and Party B of such an agreement, this Confirmation will supplement, form part of, and be subject to that agreement. All provisions contained or incorporated by reference in that agreement upon its execution will govern this Confirmation. Until we execute and deliver that agreement, this Confirmation, together with all other documents referring to the ISDA Form (each a "Confirmation") confirming transactions (each a 'Transaction") entered into between us (notwithstanding anything to the contrary in a Confirmation) shall supplement, form a part of, and be subject to an agreement in the form of the ISDA Form as if we had executed an agreement on the Trade Date of the first such Transaction between us and such form with the schedule thereto (i) specifying only that (a) the governing law is English law and (b) the Termination Currency is U.S. Dollars, and c) each party gives the Payer Representation set out in Part 2(a)(0 of the pro-forma Schedule to the ISDA Form; and (ii) incorporating any other modifications to the ISDA Form spedfied bdow. Charmai o< the Supervsoty Board Paul Achleitner Management Board John Cryan Deutsche Bank AG is a tonietoekeorporanooviiih limited haCthiymcorporatedinihePedera) (Chacman).KmherVHammonds. Stua'tLevris.S/hi'ie Maihsrai. Garth Ritchie, Karl von RepublcofGetmany.LocdCouiiorFrankfuftamUein.HRBNo. 30000, Branch Registfatioa Rohr, Marcus Schenck, Chrisaan Sewing. Werner StenmOlier. Jeffrey Uivrin in Engiand and Wales BRO00005 and Registered Address' Winchester House. 1 Great C^utsche Bank AG is eulhonsed under Germoi Banking Law (compMeni euihoiiiy: Winchester SireeL Londcn EC2N X6 Deutscne Bank AG. London Branch us a member of European Cemraf Bank and the BaFin. Geiman/s Federal Fnancial Supervisory the London Stock Exchange (Details about the extent of our authonsalkn and regulation in from EFTA01433516 Auihor(y)and. iniheUniiedKingdom. by the Prudaniiai RegulaionAulhonty .il IS subtect the Unred Kingdom to supervision by the European CentiW Bankandby iheBaFin, and is subject to Imied wvrwdbconUenfcontenUeu.drsciosures him) regulation in (he United Kingdom by the Financial Conckrct Authority and the ftudential Regulation Aulhonty available on request are or Page 1 o( 3 lu; n/t*/ D/ei'?/ i / iswayio ii!J4D jiiox j*Kuri; Di^uTocttCi bmina hu The terms of tiie Transaction to which this Confirmation relates are as follows: 1. General Terms: Trade Date: Buyer: Seller: 15 May 2018 Party B Party A European EUR Put/USD Call EUR 10,000,000.00 Currency Option Style: Currency Option Tyr': Put Currency and Put Currency Amount: Call Currency and Call Currency Amount USD 11,500,000.(X) Expiration Date: Expiration Time: Settlement Date: Strike Price: 14 June 2018 10:00 hours (Local time in NewYork) 18 June 2018 USD 1.150000 per EUR 1.00 Representations: Each party represents to the other party as of the date that it enters into this Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the contrary for this Transaction): Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into this Transaction and as to whether the Transaction Is appropriate or proper for it based upon its own judgement and upon advice from such advisers as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into this EFTA01433517 Transaction, it teing understood that information and explanations related to the terms and conditions of this Transaction shall not be considered to be invesbnent advice or a recommendation to enter into the Transaction. No communication (written or oral) received from the other party shall be deemed to bean assurance or guarantee as to the expected results of this Transaction. Assessment and Understanding. It is capable of assessing the merits of and understanding (on Its own behalf or through independent professional advice), and understands and accepts the terms and conditions and risks of this Transaction. It is also capable of assuming, and assumes, the risks of the Transaction. 2 (D (ii) (iii) Status of Parties. The other party is not acting as a fiduciary for or adviser to it in respect of this Transaction. Deutsche Bank Disclosure: Party A has addressed a disclosure statement and terms to customers of its foreign exchange business, which is available at the following website: https://www.db.com/en/contenUForeign-Exchange- Disclosures.htm Please confirm that the foregoing correctly sets forth the terms of our agreement by executing the copy of this Confirmation enclosed for that purpose and returning it to us or by sending to us a letter or facsimile substantially similar to this letter, which letter or facsimile sets forth the material termsof the Transaction to which this Confirmation relates and indicates your agreement to those terms. Ctiarman ^ the Supeivtsery Bo»d Paul Achleiiner. Menegement Board John Cryan DeutscheBankAGisa)ointstockcotporaiwi wth limited Sabifily incorporated to the Federal (Chairman), Kimberly Hammonds. 9uari Lews. ^Me Matherat, Garth Ritchie, Karl von Republic of Germany, locsi Courtol Frartfuri am Mein, HRBNo. 30 000, Branch Registration Rohr. Marcus Schenck, Christian Sewing, Werner Sieinmtiller. j^rey Uivrin in England and Wales BR000005 and Registered Address' Winchester House, 1 Great Deutsche Bank AG is authorised under German Banking Law (competent authority: Winchester Street, London EC2M 2C8. Deutsche Bank AG. London Branch is e member of Bjropean Central Bank and the BaFin, Germany's Federal Financial Supervisory the London Stock Exchange (Details about the extent of our aulhcnsaiion and regulation in Authorityjand.mtheUnitedKingdom.bytnaPrudentialRegulalionAuihority.ltissubje- ct the United Kingdom are araflable on request or from to supervision by the Europe^ Central Bankandby iheBaFin, and is subject to timitsd www.db.com/en/conient/eu.disciosures.ntm) regulation m the United Kingdom by the Financial Conduct Authority and iheFtudential Regulation Authority. EFTA01433518 Page 2 of 3 xu; :;^i 091 'M'M 0/09/1 / iJi'idyiD 10^40 il.&T jiKU'i: LiJ!iU'r:>Lni!. bhuj\ 003 Yours faithfully, for and on behalf of Deutsche Bank AG, London Branch Byx Name; ApafrwrSRnva^ava Title; Authorised Signatory Confirmed as of the date first above written: me. nuiiiui laeu oiyiiaiui y PRIVATE^IENT SERVICES PWM ALEX BROWIiAC SOUTHERN FINANCIAL LLC By: By; Name; Authorised Signatoi Name: Authorised Signatory For any query relatihgio this Confirmation, please contact us on 001 If you agree with the details of this confirmation, please sign and return to fax number 001 Oiarmon of Oie Supervisoiy Board Paul AcMauner. Management Boatd John Cryan (Chairman), Ktmljer^ Hammonds. Suart Levyis. S/Me Malherat, Garth Ritchie. Kan von Rohr. Marcus Schenck, Chnstian Sewing. Werner Steinm011er, Jeffrey Urwin Deutsche Bank AG is authonsed under German Banking Law (competent auifioiiiy Ejropean Central Bank and the BaPin, Germany's Federal Financial Supervisory Authority) and. in the United Kingdom, by the Prudential Regulation Authorily llissubject to supervision Py the European Central Bankandby theBaFin. and is subject to limited regulation in the United Kingdcmi by the Financial Conduct Authority and the Prudently Regulation Aulhonty Deutsche Bank AG Is a jont stock coiperaiion wiih limited liebilily incorpor^ed in the Federal Republic of Germany. Local r-^urt of Frankfurt am Maln.HRBNo. 30000, Branch Registration in England and Wales BRO00005 and Registered Address' Winchester House. 1 Great Winchester Street, London EC2N 2D6. Deutsche Bank AG. London Branch is a member of the London Stock Exchange (Details about the extent of our authonsaiion and regulation in the United Kingdom ere available on request or from wwwdb.comfen/conteni/eu.disclosures himj Page 3 of 3 EFTA01433519