EFTA01447972.pdf

David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Guy Ashton Marcel Cassard Richard Smith and Steve Pollard Global Chief Operating Officer Global Head Co-Global Heads Research FICC Research & Global Macro Economics Equity Research Michael Spencer Ralf Hoffmann Andreas Neubauer Steve Pollard Regional Head Regional Head Regional Head Regional Head Asia Pacific Research Deutsche Bank Research. Germany Equity Research. Germany Americas Research International locations Deutsch, Pprif AG Deutsche Bank AC Durrriche Securities he Deutsche Bank Placa Grotto GaIlusstraRe 10-14 Fatale Hongkong 2-11.1 Nagatacho Level 16 60272 Frankfurt am Main International Commerce Centre. Sanno Park Tower Corner of Hunter & Phillip Slicers Germany 1 Austin Road West. Kowloon. Chivoda ku. Tokyo 1004171 Sydney. NSW 2000 Tel: (49)69 910 00 Hong Kong Japan Australia T& 1857/22038888 Tel: (811 3 5156 6770 Tel: 161) 2 8258 1234 tout :it Rink tit) tern (1‘41 f IttAttchlit Dan/. 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