EFTA Document EFTA01450293

11. Possible Conflicts of Interest. Services and recommendations that DBSI provides to Client may differ from the services and recommendations provided to other Clients or by other individuals or groups at DBSI and/or affiliates of Deutsche Bank AG, whether acting as principal or agent. DBSI provides investment advice, portfolio management, and execution services for many Clients and, in addition, acts as principal in various markets. Given these different roles, individuals and groups at DBS