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BE REGISTERED UNDER THE SECURITIES LAWS OF ANY U.S. STATE OR ANY OTHER JURISDICTION. THE PREFERRED SHARES WILL BE OFFERED AND SOLD BY THE ISSUER IN THE UNITED STATES FOR INVESTMENT PURPOSES ONLY TO (I) 'QUALIFIED INSTITUTIONAL BUYERS" WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT OR (II) "ACCREDITED IN
tribution is allowed without prior written consent of the Issuer. I-053494_2 Deutsche Asset Managements infrastructure investment business (formerly RREEF Infrastructure) is part of the alternative investments business of Deutsche Asset Management (Deutsche AM') pad of the Alternatives and Real Assets platform. In th
tructure) is part of the alternative investments business of Deutsche Asset Management ("DeAM) part of the Alternatives and Real Assets platform. In the United Slates this relates to the asset management activities of RREEF America L.L C.. and Deutsche Investment Management Americas Inc , in Germany: RREEF Invest
ribution is allowed without prior written consent of the Issuer. I-054987_1 Deutsche Asset Management's infrastructure investment business (formerly RREEF Infrastructure) is part of the alternative investments business of Deutsche Asset Management ("DeAM) part of the Alternatives and Real Assets platform. In the Unit
BE REGISTERED UNDER THE SECURITIES LAWS OF ANY U.S. STATE OR ANY OTHER JURISDICTION. THE PREFERRED SHARES WILL BE OFFERED AND SOLD BY THE ISSUER IN THE UNITED STATES FOR INVESTMENT PURPOSES ONLY TO (I) 'QUALIFIED INSTITUTIONAL BUYERS" WITHIN THE MEANING OF RULE 144A UNDER THE SECURITIES ACT OR (II) "ACCREDITED IN
tribution is allowed without prior written consent of the Issuer. I-053494_2 Deutsche Asset Managements infrastructure investment business (formerly RREEF Infrastructure) is part of the alternative investments business of Deutsche Asset Management (Deutsche AM') pad of the Alternatives and Real Assets platform. In th
Entities connected to both United States and RREEF Infrastructure

United Kingdom
LOCATION
Denmark
LOCATION
Norway
LOCATION
Finland
LOCATION
FDIC
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATIONRREEF
ORGANIZATIONthe Deutsche Bank Group
ORGANIZATIONDeutsche Securities Inc.
ORGANIZATIONDeutsche Bank Aktiengesellschaft
ORGANIZATIONNeither Deutsche Bank AG
ORGANIZATIONthe Department of Labor's
ORGANIZATIONRREEF Management GmbH
ORGANIZATIONDeutsche Asset Management Infrastructure
ORGANIZATIONDeutsche Investment Management Americas Inc.
ORGANIZATIONRREEF America L.L.C.
ORGANIZATIONRREEF Investment
ORGANIZATIONRREEF Spezial Invest GmbH
ORGANIZATIONIssuers, Deutsche Bank AG
ORGANIZATIONPS Issuing and Paying Agency Agreement
ORGANIZATION