s movements. Page 12 Deutsche Bank AG/London EFTA00602244 David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Marcel Cassard Global Head FICC Research & Global Macro Economics Richard Smith and Steve Pollard Co-G

ht @ 2018 Deutsche Bank AG Deutsche Bank AG/London Page 7 EFTA00793998 David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Klarman Global Head of Debt Research Michael Spencer Head of APAC Research Global Head of Eco

David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Heed Asia Pacific Research Marcel Cassard Global Head FICC Research & Global

David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Heed Asia Pacific Research Marcel Cassard Global Head FICC Research & Global

David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research International locations Doer< he Bank AG Deutsche

David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Heed Asia Pacific Research International Locations Deutache Bard AG Deutsche

David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research Marcel Canard Global Head FICC Research & Global

David Felker ts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research International Locations Grist:ch.) Ban/ AG Deutsc

David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Klarman Global Head of Debt Research International Locations Drops: ho Bank AG Deutsche Bank

David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony KLarman Global Head of Debt Research Michael Spencer Head of APAC Research Global Head of Eco

David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research Marcel Canard Global Head FICC Research & Global

David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Kleiman Global Head of Debt Research Michael Spencer Head of APAC Research Global Head of Eco

David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Kleiman Global Head of Debt Research International Locations Dooitcho Bank AG Deutsche Bank P

David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Klarman Global Head of Debt Research Michael Spencer Head of APAC Research Global Head of Eco

David Folkerts-Landau Group Chief Economist arid Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Kleiman Global Head of Debt Research International locations Deutsche Oath AG Deutsche Bank P

David Folkerts-landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research International locations Deutsch, Etna AG Deutsch

David Folkerts-Landau Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research International locations hCrihrfk) Brink Ai> Deuts

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oting. Page 10 Deutsche Bank Securities Inc. EFTA01473408 David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Raj Hindocha Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research International locations Deutsche Bank AG Deutsche