EFTA01372992.pdf

Investment Process: Investing and Portfolio Monitoring Investment review triggers upon signs of potential credit deterioration' Investing and Portfolio Origination Due Diligence Process Monitoring If a threshold is breached, the investment is reviewed at Analysts establish review thresholds beyond conventional Investment Committee to test the original credit thesis. financial metrics that may signal credit deterioration. This Thresholds bring further discipline to the investment reflects rigorous ongoing analysis of key credit quality drivers. monitoring process. External Drivers: (i.e. commodity prices, competitive position, regulation, economic indicators) Internal Drivers: (i.e. management changes, change in strategy, brand reputation) Forward-looking Indicators: (i.e. Key ratios, margins, capital expenditures, liquidity (if relevant)) (1) Strategy shown is indicative and subject to adaptation and change in any particular context. Deutsche Asset Management Infrastructure Debt Presentation: RIN II Equity March 2018 35 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0066946 CONFIDENTIAL SDNY_GM_00213130 EFTA01372992