EFTA01447506.pdf

2.20 2.00 • Last Price 1.83 1.83 1 T High on 06/10/14 2.10 µ Average 1.3141 1.60 1 Low on 07/11/13 0.625 1.40 1.20 1.00 0.80 0.60 ip• Volume 0.245M I • SMAVG (15) 2.397M 0.245M Sep Dec Mar 2013 2014 ALPHA( GA Equity (Alpha Bank AE) Daily 26JUN2013-26JUN2014 Copyrighg 2014 elcomberg Finance L.P. 26-Jun-2014 14:22:20 Were the stock to rise 10% over the next month the warrant would rise in value from 1.83 by approx 22%. Conversely if the stock were to fall the warrants would also fall - but its unlikely the warrant price trades at zero anytime soon due to the 3.5years of remaining time value. The warrants are quoted several thousand up Hick wide on exchange. Any ors shout. Appendix A WARRANT ENTITLES HOLDER TO ACQUIRE NEW COMMON SHARES HELD BY HFSF AT A RATIO OF 7.408683070. ISSUE AMOUNT: 1,233,503,482. STEP-UP STRIKE:0.4488 12/10/2013, 0.4576 06/10/2014, 0.4686 12/10/2014, 0.4796 06/10/2014, 0.4928 12/10/2015, 0.506 06/10/2016, 0.5214 12/10/2016, 0.5368 06/10/2017, 0.5544 12/10/2017 Nay Nay Gupta Managing Director Deutsche Bank AG. Filiale London Deutsche Asset & Wealth Management 105'108 Old Broad St Primers Han). EC2N lEN London, United Kingdom Any proposed ideas are being delivered to you by the DeAWM Key Client Partners rKCP-) London desk for discussion purposes onty, and do not create any legally binding obligation on the part of Deutsche Bank AG and f or its affdiates CDB"). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID). viio understand the strategy. characteristics and risks associated with any ideas proposed herein and will be able to evaluate It Independently. All trades on proposed ideas shall be subject to the relevant internal approvals prior to execution. Pascia-k-itr Peeforrn, CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 102155 CONFIDENTIAL SDNY_GM_00248339 EFTA01447506