EFTA01423149.pdf

Deutsche Bank Group Valuation Statement Request 240776 05 Feb 2019 Page 1 Of 2 As of 05 Feb 19 Deutsche Bank AG For Sales Inquiries Contact: Martin Zeman (Tel) (Email) For questions relatin to this statement contact: Valuations NY (Tel) (Email) Fx Rates: USD/EUR = .8768468587 Note:-All Values are shown from the DB Group's point of view. A negative Value therefore expresses an amount which is in your favour, while a positive amount is one which is in DB Group favour. The terms and conditions of each transaction are specified in the relevant trade Confirmation. Deutsche Bank Group ("DB") is providing the valuations set forth above as an accommodation to you solely for your own internal use. Unless expressly stated otherwise, valuations represent DB's current economic assessment of the transaction or instrument as of the date specified. DB's economic assessment is typically derived all or in part from model prices, external sources, market prices and/or DB's internal books and records prices. Valuations, other than daily marks provided pursuant to CFTC rule 23.431(d)(2), may be adjusted to take into account market, liquidity, credit, operational or other risks, and/or to reflect adjustments based upon our willingness to unwind all or part of your position or revenue that has been generated but not yet recognized by DB ("Premium Adjustments"). Such Premium Adjustments will generally always decline over time, as DB's appetite to unwind at a premium will generally decline over time, which will lead to lower valuations in the absence of changes in market conditions. Valuations, including those containing Premium Adjustments, may not represent the terms at which new transactions or instruments could be entered into with DB or the terms at which existing transactions or instruments could be liquidated or unwound with DB. DB may change its valuation methodology and the related adjustments and assumptions at any time, so that future valuations may be less favourable than the current ones, even in the absence of an adverse development in market conditions. Valuations based on different assumptions or calculated using other methodologies may also yield different results and any adjustments may not apply for the duration of the transaction or instrument. Any subsequent valuations provided to you will almost certainly differ from this valuation. This difference can be less favourable to you, and due to the volatility of market conditions, the size or notional amount of the decrease or increase and other factors, the differential could be substantial. DB shall not be liable for any errors or omissions made in calculating or disseminating valuations, or for any inaccuracies or flaws in the methodologies, adjustments or assumptions. DB specifically disclaims EFTA01423149 liability for any losses or damages (incidental, consequential or otherwise) that may arise from valuations that are either used or relied upon by you or any other party for any reason including, without limitation, your use of valuations in preparation of your own financial books and records. Statement ID : 240776 20190205 20190206 1 EFTA01423150 Deutsche Bank Group Valuation Statement Request 240776 05 Feb 2019 Page 2 Of 2 As of 05 Feb 19 Deutsche Bank AG FX - Forward DealGroupID 724024786/ 1667687415 Counterparty 8032932 Trade Type FXForward Trade Date 12-Sep-2018 Maturity Date 06-Aug-2019 Settlement Date 06-Aug-2019 Not.Amt 1 2,610,175.00 Not.Ccy 1 EUR Not.Amt 2 (3,111,328.60) Not.Ccy 2 USD DBPays DBReceives BuySell BUY Subtotal: Total: Statement ID : 240776_20190205_20190206_1 The valuation information set forth in this statement is provided subject to the terms and conditions set forth in the notes on the cover sheet MTM(USD) (87,320.27) (87,320.27) (87,320.27) 0.00 EFTA01423151