EFTA01372993.pdf

Investment Process: Investing and Portfolio Monitoring The Portfolio Advisor will primarily pursue a hold-to-maturity strategy' Investing and Portfolio Origination Due Diligence Process Monitoring Minimize Risk • Review investment performance quarterly, update investment outlook, communicate with borrower management • Monitor wider market themes and sector trends. assess impact on the Issuers Portfolio Maximize Value Optimize Invested Tenor Seek to optimize value from investments through • Structure and purchase investments within tenor OID and other fee events during the life of the beyond the Reinvestment Period of the Issuer investment • Negotiate prepayment protection where possible Manage within Investment Guidelines • Monitor Portfolio and assc:ss ,flvestments for pro forma compliance with the Issuers Investment Guidelines (1) Strategy is indicative and subject to adaptation and change in particular contexts. For illustrative purposes only. Deutsche Asset Management Infrastructure Debt Presentation: RIN II Equity March 2018 36 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0066947 CONFIDENTIAL SDNY_GM_00213131 EFTA01372993