EFTA01388511.pdf

FAANG Worst Of Call 35% — Payoff of Wore Perbrming FAANG Stod: 0serer.': 30% — Jan-18 `✓worst O0e Prernia 25% 20% 15% 10% 5% 0% In ; 8 ; 8 A )• ; ; Martin Martin Zeman Director I Key Client Partners Deutsche Bank Wealth Management DB Securibes Inc 345 Park Avenue. 10154-0004 New York. NY. USA Tel. Mobile Email 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 of, and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of OBS1 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 andis being presented for your information and for discussion purposes only Any reproduction and/or 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 DBSI or any of ifs affiliates. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0092098 CONFIDENTIAL SDNY_GM_00238282 EFTA01388511