cts) °Reduction in Spend from FX Tailwind 1 r i r 10% 20% 30% 40% % of Spend Denominated in Local Currency Sower Dash., Ark Moe hArcionno. Afar Analyse Awn.. Target Al% YOY Owe Coro Na Spred Page 16 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058867 CONFI