ty Legacy T1 B1 B+ BB+ B1 B+ BB AT1 The counterparty rating is the relevant rating for >95% of DB's clients Ratings as of 15 December 2016 Moody's Counterparty Risk Assessments are opinions on the likelihood of default by an issuer on certain senior operating obligations, including payment obligations associated vnth deriva

pacity Legacy T1 B1 B+ BB+ B1 BB AT1 The counterparty rating is the relevant rating for >95% of DB's clients Ratings as of 15 December 2016 Moody's Counterparty Risk Assessments are opinions on the likelihood of default by an issuer on certain senior operating obligations, including payment obligations associated vnth deriva