EFTA01448057.pdf

Investment Deposit Products: Not FDIC-insured I May lose value I No bank guarantee Annual Percentage Yield (APY) - APY measures the total amount of interest paid on an account based on the interest rate and the frequency of compounding. The APY is eapressod as an annualized rate, based on a 365.- or 360-day year (as applicable) 'The APY may change daily "Deutsche Bank" means Deutsche Bank AG and its affiliated companies. Deutsche Asset & Wealth Management represents the asset management and wealth management activities conducted by Deutsche Bank AG or its subsidiaries. Brokerage services are offered through Deutsche Bonk Securities Inc.. a registered broker-dealer and investment adviser, which conducts investment banking and securities activities in the United States Deutsche Bank Securities Inc. is a member of FINRA. NYSE and SIPC. This material has been prepared for discussion purposes only and is not intended to be an offer or solicitation, or the basis for any contract to purchase or sell any product, or for Deutsche Bank to enter into or arrange any type of transaction as a consequence of any information contained herein. No product or service offered by any entity within Deutsche Bank. is guaranteed by any other entity within Deutsche Bank unless specifically agreed in writing. Banking deposit products are offered through Deutsche Bank AG New York Branch. Deutsche Bank AG, including its subsidiaries and affiliates, does not provide legal, tax or accounting advice. This communication was prepared solely in connection with the promotion or marketing, to the extent permitted by applicable law, of the transaction or matter addressed herein, and was not intended or written to be used, and cannot be relied upon, by any taxpayer for the 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. 2013 Deutsche Bank AG. All rights resolved. WM135030 (O0113) 016663.110813 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 102901 CONFIDENTIAL SDNY_GM_00249085 EFTA01448057