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ton Chicago San Francisco Los Angeles Baltimore London Madrid New York Hong Kong Singapore Retail 2% UHNWI 72% Affluent 6% HNWI 20% Melbourne EM EA combines Europe (excluding Germany), Middle East and Africa. lAll data as of December 31, 2015. Source: Deutsche Bank, Deutsche Asset & Weal
nformation The asset allocations described herein are formulated by the Regional Investment Committee (RIC) within Deutsche Bank Wealth Management (Deutsche Bank WM) and may utilize the following asset class components: U.S. large cap equity, U.S. small cap equity, Europe equity, Japan equity, Pacific ex-Japan
iliates of Deutsche Bank. "Deutsche Bank" means Deutsche Bank AG and its affiliated companies, as the context requires. Wealth Management refers to Deutsche Bank's wealth management activities for highnet-worth clients around the world. Deutsche Bank Wealth Management 9 EFTA01477954 Growth Tactical alloca
no sales charges and no conflict of interest. Deutsche Bank products are excluded from calculation of the billable assets for advisory fee charge. No Deutsche Bank commission charged on trades. Commission on trades are only charged by the counterparty. Fees are subject to change without notice. Further inform
isor regarding any tax matters addressed herein based on its particular circumstances. All trademarks and service marks on this statement belong to Deutsche Bank AG or its affiliates, except third-party trademarks or service marks, which are the property of their respective owners. "Deutsche Bank" means Deutsc
ton Chicago San Francisco Los Angeles Baltimore London Madrid New York Hong Kong Singapore Retail 2% UHNWI 72% Affluent 6% HNWI 20% Melbourne EM EA combines Europe (excluding Germany), Middle East and Africa. lAll data as of December 31, 2015. Source: Deutsche Bank, Deutsche Asset & Weal
nformation The asset allocations described herein are formulated by the Regional Investment Committee (RIC) within Deutsche Bank Wealth Management (Deutsche Bank WM) and may utilize the following asset class components: U.S. large cap equity, U.S. small cap equity, Europe equity, Japan equity, Pacific ex-Japan
iliates of Deutsche Bank. "Deutsche Bank" means Deutsche Bank AG and its affiliated companies, as the context requires. Wealth Management refers to Deutsche Bank's wealth management activities for highnet-worth clients around the world. Deutsche Bank Wealth Management 9 EFTA01478024 Growth Tactical alloca
no sales charges and no conflict of interest. Deutsche Bank products are excluded from calculation of the billable assets for advisory fee charge. No Deutsche Bank commission charged on trades. Commission on trades are only charged by the counterparty. Fees are subject to change without notice. Further inform
isor regarding any tax matters addressed herein based on its particular circumstances. All trademarks and service marks on this statement belong to Deutsche Bank AG or its affiliates, except third-party trademarks or service marks, which are the property of their respective owners. "Deutsche Bank" means Deutsc
DB AG, London Acct. No. GBP 3 Deutsche Bank AG, London Swift DEUTGB2L Ma. DB AG, London Sort Code: 40-50-81 AUD 4 National Australia Bank, Melbourne Swift Code: NATAAU33032 Acct. Deutsche Bank AG, London Acct. No.: MXN 5 Banco Santander Serfin S.A. SWIFT Code: BMSXMXMM Deutsche Bank AG Lon
e Bank AG London Account No.: NZD 10 ANZ Banking Group (New Zealand) Ltd, Wellington SEK 11 Skandinaviska Enskilda Banken, Stockholm TRY 12 Deutsche Bank A.S Istanbul For internal use only CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0042585 SDNY_GM_00188769 EFTA01356628
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