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6.0% Comma :Sias COD Mended Commode* Index 200% 200% 2.00% 2.50% Cash ikeeyNet Maley Funds (Al) Tier-Free Average 2.00% 200% 2.00% 2.00% Deutsche Asset ith Manage men: 11 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0083474 SDNY GM_00229858 EFTA01383693
Equal/ European Equity Russel 2000 Index MSCI Europe Index (net of iatholdng taxes) 20% 75% 2.5% 115% 35% t5.0% 4.0% 20.0% Japan Equity MSCI Japan Index (net of viithficilding taxes) 25% 3.0% 4.5% 5.5% Pasiric ex•Japan Equity MSCI Pacific Free ex-Japan Index (net of wedihddng taxes) 1.5% 2.5%
nges to 2016 GDP Estimate 7.0% 2.0% 3.0% 4.0% 5.0% 6.0% 0.0% 1.0% U.S. Europe Footnotes: Data as of March 2016. Data as of March Source: Deutsche Asset Management, Deutsche Bank Wealth Management. UK November 2015 Forecast for 2016 GDP Japan China World March 2016 Forecast For 2016 GDP Footnotes: Data as
icipal Bonds U.S. High Yield Bonds International Bonds Benchmark S&P 500 Index Russell 2000 Index MSCI Europe Index (net of withholding taxes) MSCI Japan Index (net of withholding taxes) MSCI Pacific Free ex-Japan Index (net of withholding taxes) MSCI Emerging Markets Index (net of withholding taxes) Barc
nges to 2016 GDP Estimate 7.0% 2.0% 3.0% 4.0% 5.0% 6.0% 0.0% 1.0% U.S. Europe Footnotes: Data as of March 2016. Data as of March Source: Deutsche Asset Management, Deutsche Bank Wealth Management. UK November 2015 Forecast for 2016 GDP Japan China World March 2016 Forecast For 2016 GDP Footnotes: Data as
icipal Bonds U.S. High Yield Bonds International Bonds Benchmark S&P 500 Index Russell 2000 Index MSCI Europe Index (net of withholding taxes) MSCI Japan Index (net of withholding taxes) MSCI Pacific Free ex-Japan Index (net of withholding taxes) MSCI Emerging Markets Index (net of withholding taxes) Barc
6.0% Commotbas COD Mended Commcdies Index 2.4% 200% 2.00% 2.50% Cash nAcceyNet Maley Funds (AI) Trot-Free Average 200% 200% 200% 2.00% Deutsche Asset ,f zah Ma nage CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0087701 SDNY_GM_00233885 EFTA01386137
i Cap Equity Wotan Etsity Russel 2000 Index MSCI Europe Index (net of Atoning tares) 20% 75% 2.5% 115% 35% t5.0% 4.0% 20.0% Japan Equity MSCI Japan Index (net of nithokling taxes) 25% 3.0% 4.5% 5.5% Pa:fic ex-Japan Equity MSCI Pacific Free ex-Japan Index (net of OlhcicIng taxes) 1.5% 25% 3.0%
0% Commotilies COD °Muscled Comedies Index 2.4% 200% 2.00% 2.50% Cash ikereyNet Maley Funds (AI) Tior•Free Average 200% 200% 2.00% 2.00% Deutsche Asset 15 ith kianagen CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0059491 SDNY GM_00205675 EFTA01367867
Cap Essay European Edity Russel 2000 Index MSCI Europe Index (net of sitholdng tares) 20% 75% 2.5% 115% 35% 150% 4.0% 20.0% Japan Equity MSCI Japan Index (net of withholding taxes) 25% 3.0% 4.5% 5.5% Pa:fic ex-Japan Equity MSCI Pacific Free ex•Japan Index (net of ethhcidng taxes) 1.5% 25% 3.0%
Entities connected to both Deutsche Asset & Wealth Management and MSCI Japan Index

Paul Morris
PERSON
Deutsche Bank
ORGANIZATION
Bloomberg L.P.
ORGANIZATIONDeutsche Bank Trust Company Americas
ORGANIZATION
United States
LOCATION
Frankfurt
LOCATION
New York University
ORGANIZATION
Julie K. Brown
PERSONJoseph Dursi
PERSONTreasury Inflation Protected Securities
ORGANIZATIONBloomberg Finance LP
ORGANIZATIONLarry Adam
PERSON
Denmark
LOCATION
Finland
LOCATION
Norway
LOCATIONthe Deutsche Bank Group
ORGANIZATIONthe Quality Growth Composite
ORGANIZATION
New Zealand
LOCATIONMSCI Europe Index
ORGANIZATIONMaximum Growth
ORGANIZATION