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5 6338.46366 The purpose of this letter agreement is to confirm the terms and conditions of the Non-Deliwira tie FX Transaction entered inb between us Deutsche Bank AG, London Branch ("Party A") and PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL. LLC (Tarty B") on the Trade Date referred to below (the
or exchanged the relation to this transaction. The terms of the Transaction to which this Confirmation relates are as bliows: 1. General Terms: Deutsche Dark AG is auesorised under Getman Darling law (competent authority -Berm Federal Fnandal Super/a:mg Authority). Deutsche Bank AG London Branch is fait*, au
t/Nation Authaity and '5 %Ant to limited legJation by the Fnanc d Conduct Authority and Pralastkal Rewlation Autherly for the candid of UK business. Deutsche Bank AG le a joist slop orprelim yeah l'rnIted Iud5ty incofpomted 'n the Federal Republic of Germany HRB No. 300(.0 Ustrict Court of Fra ntfurtam Main; Dm rch
is Transactions Deutsdie Sank AG, London Brandt. The Office of Party B for this Transaction s 1 SOUTH STREET BALTIMORE 21202,WRYLAND,UNITED STATES Deubche Bank AG isauthorised under Getman Ilerkly law (competent sathority Federal Festal Soper/nine Autholityl. Deutsche Balk AG London Branch is further authoris
ax number +44 (20) 7545 6438 Deutsche Sark AG is autnorised under German Darlene taw (comµtent authority -Berm Federal Friend& Super/äng Authority). Deutsche Ben< AG 1.01601 Branch is further autholsed by the Prudential fIntJation ;SAN:tity and s soled to *Tim leg,sark,,, by the rnare d conduct Auguyity and Prad
l Super/a:mg Authority). Deutsche Bank AG London Branch is fait*, autholsed by the Prudential Pt/Nation Authaity and '5 %Ant to limited legJation by the Fnanc d Conduct Authority and Pralastkal Rewlation Autherly for the candid of UK business. Deutsche Bank AG le a joist slop orprelim yeah l'rnIted Iud5ty incofpomted 'n the
eas Deutsche Bank equity research analysts sometimes have shorter-term trade ideas (known as SOLAR ideas) that are consistent or inconsistent with Deutsche Bank's existing longer term ratings. These trade ideas can be found at the SOLAR link at http://gm.db.com. 3. Country-Specific Disclosures Australia and
y Ashton Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research International locations Deutsche Bank AG Deutsche Bank Place Level 16 Corner of Hunter & Phillip Streets Sydney, NSW 2000 Australia Tel: (61) 2 8258 1234 Deutsche Bank AG London 1 Great Winchester Street
y Research, Germany Steve Pollard Regional Head Americas Research Global Disclaimer The information and opinions in this report were prepared by Deutsche Bank AG or one of its affiliates (collectively "Deutsche Bank"). The information herein is believed to be reliable and has been obtained from public source
ider this report in deciding to trade on a proprietary basis. Unless governing law provides otherwise, all transactions should be executed through the Deutsche Bank entity in the investor's home jurisdiction. In the U.S. this report is approved and/or distributed by Deutsche Bank Securities Inc., a member of th
e United Kingdom this report is approved and/or communicated by Deutsche Bank AG London, a member of the London Stock Exchange and regulated by the Financial Conduct Authority for the conduct of investment business in the UK and authorized by the BaFin. This report is distributed in Hong Kong by Deutsche Bank AG, Hong Kon
Asia Pacific Research International Locations Ralf Hoffmann Regional Head Deutsche Bank Research. Germany Beeec.he Bare. AO Eklecche fimiL p,c; Deutsche Bank Place DiorSe GallusstrafLo 10.10 Level 16 60272 Frankfurt am Main Corner of Hunter & Phillip SIFOOIS Gerne m a m Sydney. NSW 2000 Vaha Dews,: he Han
ef ,n Lh• ,epon ro demoted in Kong Kong by Deutahe BIM AG. hang Yang Brand", in Korea be Ponds Staines Komi Co the ficatet a diarthalld an &noun by Deutsche Brink Snooper* Berth or Dosed.* Seconne Pam Limied, Swabbers tan. lore Raffles bay Olt-CO South Tone Singepote 048683, f6S, 6473 tigglf, and reopen... of
Pam Limied, Swabbers tan. lore Raffles bay Olt-CO South Tone Singepote 048683, f6S, 6473 tigglf, and reopen... of Stigeocre of the veal rim to toner Deutsche Bata AG, Sogepore !neat of Onalath• &readies Aso Limad, Snooper* awe, an aspen of any matters easing from or in connection wen, the no When this report a mo
Oaf, n In the Unsed Kingdom this neon is approved 'walla commonated by Deutacts. tat AG London, • tremble of the London Seat &change and regaled by the Funnel Conduct Authority for the conduct of tweet/rem Ohara° h the UK and ••ahaff dad by the fief ,n Lh• ,epon ro demoted in Kong Kong by Deutahe BIM AG. hang Yang Brand", i
ltl I / 00430/ / 43000Z0 UNPUSI2 I0I0 0bT frtUri: VLUflunt mine at, /*WS OWL Deutsche Bank AG, London Branch OPPWARYIAND.UMTED STATES Dear Sus. Currency Option Transaction Our ref* 1037255502-1 6 .1:Ay. 2015 VICES PM( ALEX BROWN AC SOUTH
rporating any other modifications to the ISDA Form specified betont The terms of the Transaction to which this Confirmation relates are as follows: Deutsche Bank AG le authorised undo: German Banton, taw (competent authority • SaFin • Federal Financial Suparviinp Authority). Deutsche tank AG London (trench kr furth
arviinp Authority). Deutsche tank AG London (trench kr further authorised by the Prvdentid Itedulatko Authority and S subject to limbed resublion by Mu Financial Conduct Authority and Pnrdenbal Itedulation Authority for the conduct of UK business. 0rtsubidia hank AG Is a joint stock corporation with limited liablity Incorporat
orporating any other modifications to the ;SCA Form specified heathy The tarns of the Transaction to which this Confirmation relates are as follows Deutsehe Bank AG Is euthorised under Gelman Banking law (competent authority- Beim Federal Financial Supervising Authority). Deutsche Bank AG tordon Branch is furthe
sing Authority). Deutsche Bank AG tordon Branch is further autlierised by the Pnekintlel ReguLition Authority end h subject to limited regulation by the Flemscial Conduct Authority mid Prudential Regulate:it Authority for the conduct ri UK business. Deutsche Bonk AG rt a point stock corporetkin with lunged lability warp reted h
was incorporated as a limited liability company under Luxembourg law. Clearstream, Luxembourg is owned by Cedel International, sociiti anonyme, and Deutsche Bone AG. The shareholders of these two entities are banks, securities dealers and financial institutions. Clearstream, Luxembourg holds securities for its
ently from the past. or have other consequences that cannot be predicted. In April 2013, final rules for the regulation and supervision of LIBOR by the U.K. Financial Conduct Authority (the "FCA") came into effect (the "FCA Rules"). The FCA Rules include requirements that (1) an independent LIBOR administrator monitor and survey LI
Entities connected to both Deutsche Bank and Financial Conduct Authority

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Julie K. Brown
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Prince Charles
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Ariane de Rothschild
PERSONGlendower Capital
ORGANIZATIONCharles Smith
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Ghislaine Maxwell
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Donald Trump
PERSONthe State of New York
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Lawrence Krauss
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Prince Andrew
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ORGANIZATIONChi Cheung
PERSONAdam Graev
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