EFTA Document EFTA01378970

terms, including coupon payments, and final redemption payment, are subject to the solvency of the note issuer. Product Risk Categorization: Callable Yield Notes with Contingent Coupon are categorized as Product Risk Level 3, "Contingently Protected Notes." Product Risk Level categorizations 1.4 are detailed on the Structured Products Agreement & Approval Form (DBTCA & DBSI versions enclosed), which, prior to any purchase of a structured product, must be completed by the client. This is not an offer, recommendation or solicitation to buy or sell, nor is it an official confirmation of terms. It is based on information from sources believed to be reliable. No representation is made that it is accurate or complete or that any returns indicated will be achieved. Changes to assumptions may have a material impact on any returns detailed. Past performance is not indicative of future returns. Price and availability are subject to change without notice. Additional information is available upon request. This has been prepared solely for informational purposes, and does not contain the full range of products and services available through Deutsche Bank. Client-Facing Professionals should not rely solely on this material to determine the products or services to introduce to clients, as all products included herein may not be suitable for every client. Client-Facing Professionals are responsible for determining the suitability of products and services recommended to clients. This material is a product of Deutsche Bank Wealth Management and not Deutsche Bank's CB&S Division. The views of Deutsche Bank Wealth Management may differ from those of C8&S. Deutsche Bank Wealth Management does not maintain proprietary positions in the securities that are the subject of this material. Personnel who offer deposit products or services, lending products, and/or derivative products for Deutsche Bank AG (including the New York and other branches) and Deutsche Bank Trust Company Americas may (including its banking entity subsidiaries) act as officers of the Deutsche Bank AG International Administrative Office. Structured products may not be suitable for all investors due to illiquidity, optionality, time to redemption and payoff nature of the strategy. We or our affiliates or persons associated with us or such affiliates may: maintain a long or short position in securities referred to herein, or in related futures or options, purchase or sell, make a market in, or engage in any other transaction involving such securities, and earn brokerage or other compensation. Calculations of returns on the instruments may be linked to a referenced index or interest rate. In such cases, the currency, other than the investor's home currency, will be subject to changes in exchange rates, which may have an adverse effect on the value, price or income return of the products. These products may not be readily realizable investments and are not traded on any regulated market. Additional risks to consider involve interest rates, currencies, credit, political, liquidity, time value, commodity and market risks. Structured Products are offered only to investors who qualify as an "accredited investor" as defined in Rule 501(a) of Regulation D under the Securities Act of 1933, and the rules promulgated there under. The securities will not be recommended by any United States Federal or State Securities Commission or regulatory authority. Important Information for Deutsche Bank Client Facing Professionals Deutsche Bank AG, including its subsidiaries and affiliates, does not provide legal, tax, or accounting advice. "Deutsche Bank" means Deutsche Bank AG and its affiliated companies. Deutsche Bank Wealth Management refers to the wealth Management activities for high-net-worth clients around the world offered through DBSI and Deutsche Bank's private banking entities. Deutsche Bank Securities Inc. conducts investment banking and securities activities in the United States. Deutsche Bank Securities Inc. is a member of FINRA, NYSE and SIPC. 02018 Deutsche Bank AG. All rights reserved. This document is For Internal Use Only. It does not include the requisite disclosure for public distribution and should not be released to the public under any circumstance. This e-mail may contain confidential and/or privileged information. If you are not the intended recipient (or have received this e-mail in error), please notify the sender immediately and delete the e-mail from your computer. Any unauthorized copying, disclosure or distribution of the material in this e-mail is prohibited. Martin Martin Zeman CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0076253 CONFIDENTIAL SDNY_GM_00222437 EFTA01378970