Investment Process: Investing and Portfolio Monitoring Investment review triggers upon signs of potential credit deterioration' Origination Due Diligence Process Analysts establish review thresholds beyond conventional financial metrics that may signal credit deterioration. This reflects rigorous ongoing analysis of key credit quality drivers. Investing and Portfolio Monitoring If a threshold is breached, the investment is reviewed at Investment Committee to test the original credit thesis. Thresholds bring further discipline to the investment 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) CONFIDENTIAL DB-SDNY-0062713 SDNY_GM_00208897 EFTA01370109