ket forecasts and high-conviction ideas Risks to the main scenario Strategic CIO View is the starting point for our multi asset investment process Source Deutsche Bank Wealth Management Deutsche Bank Wery,Itn ..rianagernent 7 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0073277 SDNY_GM_002 19461 EFTA013

s of risk and higher granularity vs. MIC Different currencies Delivers regional lead allocations as the basis for client portfolio implementation Source Deutsche Bank Wealth Management Deutsche Bank 11 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0073281 SDNY GM_00219465 EFTA01376845