EFTA Document EFTA01388365

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 (DUCA & DBSI versions enclosed), which, prior to any purchase of a structured product, must be completed by the client. Disclaimer This is not an offer, recommendation or solicitation to buy or sell, nor is it on 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 ore 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 Bonk. 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 Bonk's CB&S Division. The views of Deutsche Bank Wealth Management may differ from those of CB&S. Deutsche Bonk Wealth Management does not maintain proprietary positions in the securities that ore the subject of this material. 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 tong or short position in securities referred to herein, or in related futures or options, purchase or sell, make a market in, or engoge in any other tronsoction 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 hove on 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 rotes, currencies, credit political, liquidity, time value, commodity and market risks. Structured Products are offered only to investors who qualify as on accredited investor"as defined in Rule 501(a) of Regulation D under the Securities Act of 1933 and is o "qualified purchaser" os defined under the Investment Company Act as amended (the 1940 Axel 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 Bonk Client Facing Professionals Deutsche Bonk AG, including its subsidiaries and affiliates, does not provide legal, tax, or accounting advice. 'Deutsche Bonk' means Deutsche Bank AG and its affiliated companies. Deutsche Bonk Wealth Management refers to the wealth management activities for high-net- worth clients around the world offered through DEGI and Deutsche Bank's private banking entities. Deutsche Bonk Securities Inc. conducts investment banking and securities activities in the United States. Deutsche Bonk Securities Inc. is a member of FINRA, NYSE and SIPC. O2016 Deutsche Bonk 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. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0091874 CONFIDENTIAL SDNY_GM_00238058 EFTA01388365