% 12.0% 14.0% 0.0% 2.0% 4.0% 6.0% 8.0% 2200 2300 2400 2500 2600 2700 2800 2900 Deutsche Bank Corporate Banking & Securities Source: Moody's Global Structured Finance Collateral Performance Review & S&P LCD LLI Index Default Rates as of Jan 2014 (1) Past performance is not indicative of future results. DB is not making any representation as to