EFTA Document EFTA01387063

FAANG Worst Of Call 18% 16% 14% 12% 10% 6% 4% 2% 0% 35% 30% 25% 20% 15% 10% 5% 0% FAANG Worst Of Call Martin —Payoff of ieorst Perbrming FAANG Start:. Over 3k1 —Oct-12 , trst of Call Premia —Payoff ontiorC Perbrming F ha* Star* 0 Ver 6M Martin Zeman Director I Key Client Partners Deutsche Bath Wealth Management DB Securities Inc New York. NY. USA KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the FINRA Rule 4512(C)(3), and who are capable of evaluating the strategies. characteristics and investment risks ot, and exercising independent judgment in evaluating, the ideas and products cfiscussed herein. Trades and transactions are subject to relevant internal approvals of OBS/ or its affiliates prior to execution, and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. Key Client Partners (KCP) products, investment ideas and solutions and related matters discussed herein are provided for discussion purposes only. and strictly on a non- advisory basis. The KCP Americas desk does not provide investment advice. The information set forth herein is confidential and personal to you and is being presented for your information and for dismission purposes only. Any reproduction ancYor redistribution thereof (in whole or in part) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of 0881 or any of ifs affiliates. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0089120 CONFIDENTIAL SDNY GM_00235304 EFTA01387063