EFTA01375676.pdf

Supplemental Disclosure for Deutsche Bank Wealth Management Institutional Wealth Partners (IWP) THIS MATERIAL IS INTENDED FOR INSTITUTIONAL CUSTOMERS ONLY AS DEFINED BY FINRA 4512 (c). The trading and investment ideas discussed herein are general and do not take into account an institutional client's particular circumstances (including tax situation), investment guidelines, investment goals, restrictions or needs. Deutsche Bank ("DB") is not acting as a legal, financial, tax or accounting adviser or in any other fiduciary capacity with respect to any proposed transaction(s) mentioned herein. This document does not constitute the provision of investment advice and is not intended to do so. but is only intended to be general information. This material is for our clients' informational purposes and is a general solicitation of derivatives business for the purposes of. and to the extent it is subject to, §§ 1.71 and 23.605 of the U.S. Commodity Exchange Act. This is not an offer, advice, recommendation or solicitation to buy or sell, nor is it an official confirmation of terms. Any offering or potential transaction that may be related to the subject matter of this communication will be made pursuant to separate and distinct documentation and in such case the information contained herein will be superseded in its entirety by such documentation in final form. Institutional Wealth Partners ("IWP") services are offered to a select group of Deutsche Bank Wealth Management ("WM") clients who are able to meet certain criteria including. without limitation, financial and sophistication qualifications. On a non-advised basis, IWP introduces its institutional clients to unique investment opportunities which can be sourced from other divisions of Deutsche Bank AG. such as Global Markets and DWS Asset Management. Most often, these opportunities are available to our clients who are on- boarded with IWP with IWP only. All Institutional Wealth Partners opportunities may not be available in all WM locations. Please be advised that none of the Deutsche Bank affiliates or subsidiaries guarantees or is liable for the products or services offered by any other affiliate or subsidiary, unless specifically provided for in a writing signed by the affiliates or subsidiaries. Opinions expressed herein may differ from the opinions expressed by other departments, divisions or affiliates of Deutsche Bank "Deutsche Bank" means Deutsche Bank AG and its affiliated companies. Deutsche Bank Wealth Management represents the wealth management activities conducted by Deutsche Bank AG or its subsidiaries. Brokerage services are offered through Deutsche Bank Securities Inc., a broker-dealer and registered investment adviser, which conducts investment banking and securities activities in the United States. Deutsche Bank Securities Inc. is a member of FINRA, NYSE and SIPC. Banking and lending services are offered through Deutsche Bank Trust Company Americas. member FDIC. and other members of the Deutsche Bank Group. © 2019 Deutsche Bank AG. All rights reserved. 028711 052819 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0071233 CONFIDENTIAL SDNY_GM_00217417 EFTA01375676