EFTA01451150.pdf

9 January 2014 FX Blueprint: Thin end of the wedge Trade Recommendation Update Trades from September 24: 2013 to January 8.2014 'Trade Theme Gain/Loss on trades GainiLoss on theme Long USD TVVI 1 1.14% 0.33% Short EUR/USD 1 -0.48% Long USD calls vs. MYR, BRL, 2 TRY 1.05% 1.05% Long USD/JPY 3 6.3% 6.3% Short CHF 11/VI 4 0.5% Short GBP/USD 4 -2.5% -1% Long AUD/NZD 5 -3.6 (-4.49%)% -3.6% Short EUR/N0K 6 -1.1% (-3.2%)• Short EUR/SEK 6 -1.6% (-2.19%) -1.35% Short SGD/INR 7 -1% (5%) Long USD/MYR calls 7 2.9% 0.95% Long PLN/CZK 8 7% Long PLN/HUF 8 1.1% Long RUB vs. basket 8 -1.5% (-4.37%) Short TRY/ZAR 8 -3.6% (1.83%) 0.75% Long MXN/BRL 9 7.14% Long CLP/COP 9 -2.44% 2.35% Long EUR/USD vol swap 10 -1.3% Long GBP/USD vol swap 10 -0.8% -0.8% No. of winners: 8 6 No. of losers: 11 4 Hit Ratio 42% 60%, Average gain/loss: 0.38% 0.47% •Indicates P&L without risk management Deutsche Bank AG/London Page 23 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 107396 CONFIDENTIAL SDNY_GM_00253580 EFTA01451150