EFTA Document EFTA01462254

ncluding a long-form confirmation. If applicable. Transactions in options carry a high degree of risk, and selling (or "writing") uncovered options may entail considerably greater risk. Options are not suitable for all nvestors. Before engaging In options trading, it is very important that you read the "Characteristics and Risks of Standardized Options" (the Option Disclosure Document). -Pis Option Disclosure Document may be obtained directly from the Option Clearing Corporation's wet:wile at sensw.optionsclearing.com in the "Publications" section. or you may request a copy from your Client Advisor. Before trading in a margin account. investors should be aware of the attendant risks which include, but are not limited to the fact that margin trading increases your level of market risk; loss is not limited to the collateral value in your margin account; and a purchase andror sale of any societies in your account may be initiated without contacting you, to meet a margin tall. Past Performance is not Indicative of future results. Foreign exchange transactions involve multiple risks. including currency risks and settlement risk. Economic or financial instability, lack of timely or reliable financial information or unfavorable political or legal developments may substantially and permanently alter the conditions, terms. marketability, or price of a foreign currency. Profits and losses In transactions in FX wtll also be affected by fluctuations in currency where there is a need to convert the product's denorrinations to another currency. Tine zone differences may cause several hours to elapse between a payment being made in one currency and an offsetting payment in another curirincy. Relevant movements in currencies during the settlement period may seriously erode potential profits or significantly increase any losses. Investors in foreign currency optics should refer to the section entitled 'Special Risks of Foreign Currency Options" in the "Characteristics and Risks of Standardized Options" disclosure document. Deutsche Bank AG. including its subsidiaries and affiliates, does not provide legal, tax or accounting advice. This communication was prepared solely in comection with the promotion or marketing, to the extent permitted by applicable law, of the transaction or matter addressed herein, and was not ntended 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 its particular circumstances. as Uzair Agee' Investment Specialist Key Client Partners Deutsche Bank AG. Finale London 105'108 Old Broad St (Primers Hall). Kingdom Email gticifM4trPW0111,6 THIS MATERIAL IS INTENDED FOR INSTITUTIONAL CUSTOMERS ONLY AS DEFINED BY FINRA 4512(c). The trading and investment ideas discussed herein are general and do not take into account an institutional client's particular circumstances (including tax situation), investment guidelines, investment goals, restrictions or needs. Deutsche Bank ("DB") is not acting as a legal, financial, tax or accounting adviser or in any other fiduciary capacity with respect to any proposed transaction(s) mentioned herein. This document does not constitute the provision of investment advice and is not intended to do so, but is only intended to be general information. This material is for our clients' informational purposes and is a general solicitation of derivatives business for the purposes of, and to the extent it is subject to, §§ 1.71 and 23.605 of the U.S. Commodity Exchange Act. This is not an offer, advice, recommendation or solicitation to buy or sell, nor is it an official confirmation of terms. Any offering or potential transaction that may be related to the subject matter of this communication will be made pursuant to separate and distinct documentation and in such case the information contained herein will be superseded in its entirety by such documentation in final form. Key Clients Partners ("KCP") services are offered to a select group of Deutsche Asset & Wealth Management ("DeAWM-) clients who are able to meet certain criteria including, without limitation, financial and sophistication qualifications. All Key Clients Partners opportunities may not be available in all DeAWM locations. Investments are subject to various risks, including market fluctuations, regulatory change, possible delays in repayment and loss of income and principal invested. The value of investments can fall as well as rise and you may not recover the amount originally invested at any point in time. Furthermore, substantial fluctuations of the value of the investment are possible even over short periods of time. The terms of any investment will be exclusively subject to the detailed provisions, including risk considerations, contained in the Offering Documents. When making an investment decision, you should rely on the final documentation relating to the transaction and not any summary contained herein. Past performance is no guarantee of future results; nothing contained herein shall constitute any representation or warranty as to future performance. Further information is available upon investor's request. Deutsche Bank is not acting as your municipal advisor, swap advisor, financial advisor or in any other advisory, agency or fiduciary capacity with respect to any transaction with you (whether or not Deutsche Bank has provided or is currently providing other services to you on related or other matters) unless expressly agreed by Deutsche Bank in writing. Deutsche Bank may engage in transactions in a manner inconsistent with the views discussed herein. Deutsche Bank trades or may trade as principal in the instruments (or related derivatives), and may have proprietary positions in the instruments (or related derivatives) discussed herein, and these may be known to the author. Deutsche Bank may make a market in the instruments (or CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 124717 CONFIDENTIAL SDNY_GM_00270901 EFTA01462254