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29 January 2015 DBIQ Index Selection Report Multi Asset Indices Selection and Rebalance Dates The report is designed to provide the details of future dates of selection and rebalance of various Multi-Asset Indices handled by DBIQ. The selection and rebalance dates are populated considering the relevant holiday calendar with respect to the index. The indices which are covered in report are: Index Name Bloomberg Identifier DB Alpha Control 4% USD TR Index DBACUTR4 DB Alpha Control 4% EUR TR Index S&P Alpha Control III EUR Index DB Alpha Control 4% EUR TR S2 Index DB Alpha Control 4% EUR TR S1 Index DB Liquid Alpha 4% EUR TR Index DB Liquid Alpha 5% USD TR Index DB Liquid Alpha 4% USD TR Index DB Dynamic Balance J6 4% TR DB Dynamic Balance J6 8% TR Index DB Dynamic Balance J9 8% TR Index DB MAA ER Index DB Momentum Asset Allocator USD TV 6 Index DBACETR4 NA NA NA DBLAET4J DBLAUT5J DBLAUT4J DBDBJ6T4 DBDBJ6T8 DBDBJ9T8 DBMUUPPO DBMUUPPN DB Momentum Asset Allocator TV6 JPY Hedged Index DBMUAJ06 Momentum Asset Allocator Master Index DBMUAUSM LSM EUR Index DBMULSME LSM USD Index DBMULSMU LSM JPY index DBMULSMJ DB Cross Asset Trends USD Index DBCATUSD DB Cross Asset Trends Ex Commodities USD Index DBCATXCU

DBIQ Index Selection Report Index name: DB Alpha Control 4% USD TR Index & DB Alpha Control 4% EUR TR Index BBG Ticker: DBACUTR4 and DBACETR4 Rebalance calendar: London, Eurozone, New York. Adjustment: In the event of a non-zero allocation to X-Alpha and the rebalance date is a Tokyo holiday date, the rebalancing date is bumped to the next good business day as per London, Eurozone, New York, and Japan holiday calendar. Rebalance date Selection date 14-Jan-15 08-Jan-15 13-Feb-15 09-Feb-15 12-Mar-15 09-Mar-15 13-Apr-15 08-Apr-15 13-May-15 08-May-15 11-Jun-15 08-Jun-15 13-Jul-15 08-Jul-15 13-Aug-15 10-Aug-15 11-Sep-15 08-Sep-15 14-Oct-15 08-Oct-15 13-Nov-15 09-Nov-15 11-Dec-15 08-Dec-15 13-Jan-16 08-Jan-16 11-Feb-16 08-Feb-16 11-Mar-16 08-Mar-16 13-Apr-16 08-Apr-16 12-May-16 09-May-16 13-Jun-16 08-Jun-16 13-Jul-16 08-Jul-16 11-Aug-16 08-Aug-16 13-Sep-16 08-Sep-16 13-Oct-16 10-Oct-16 14-Nov-16 08-Nov-16 13-Dec-16 08-Dec-16 12-Jan-17 09-Jan-17 13-Feb-17 08-Feb-17 13-Mar-17 08-Mar-17 13-Apr-17 10-Apr-17 11-May-17 08-May-17 13-Jun-17 08-Jun-17 Index Development Contacts: London: +44 (0)207 545 0505 Hong Kong: +852 2203 6786 New York: +1 212 250 8998 2

13-Jul-17 11-Aug-17 13-Sep-17 12-Oct-17 13-Nov-17 13-Dec-17 10-Jul-17 08-Aug-17 08-Sep-17 09-Oct-17 08-Nov-17 08-Dec-17 3

DBIQ Index Selection Report Index name: S&P Alpha Control III EUR Index BBG Ticker: N/A Rebalance calendar: London, Eurozone, New York. Adjustment: In the event of a non-zero allocation to X-Alpha and the rebalance date is a Tokyo holiday date, the rebalancing date is bumped to the next good business day as per London, Eurozone, New York, and Japan holiday calendar. Selection date 25-Feb-15 26-May-15 25-Aug-15 25-Nov-15 25-Feb-16 25-May-16 25-Aug-16 25-Nov-16 27-Feb-17 25-May-17 25-Aug-17 27-Nov-17 Rebalance date 02-Mar-15 29-May-15 28-Aug-15 01-Dec-15 01-Mar-16 31-May-16 31-Aug-16 30-Nov-16 02-Mar-17 31-May-17 31-Aug-17 30-Nov-17 4

Index name: DB Alpha Control 4% EUR TR S2 Index BBG Ticker: N/A Rebalance calendar: London, Eurozone, New York. Adjustment: In the event of a non-zero allocation to X-Alpha and the rebalance date is a Tokyo holiday date, the rebalancing date is bumped to the next good business day as per London, Eurozone, New York, and Japan holiday calendar. Rebalance date Selection date 02-Jan-15 29-Dec-14 02-Mar-15 25-Feb-15 30-Apr-15 27-Apr-15 30-Jun-15 25-Jun-15 28-Aug-15 25-Aug-15 29-Oct-15 26-Oct-15 04-Jan-16 29-Dec-15 01-Mar-16 25-Feb-16 28-Apr-16 25-Apr-16 30-Jun-16 27-Jun-16 31-Aug-16 25-Aug-16 28-Oct-16 25-Oct-16 03-Jan-17 28-Dec-16 02-Mar-17 27-Feb-17 28-Apr-17 25-Apr-17 29-Jun-17 26-Jun-17 31-Aug-17 25-Aug-17 30-Oct-17 25-Oct-17 02-Jan-18 27-Dec-17 5

DBIQ Index Selection Report Index name: DB Alpha Control 4% EUR TR S1 Index BBG Ticker: N/A Rebalance calendar: London, Eurozone, New York. Adjustment: In the event of a non-zero allocation to X-Alpha and the rebalance date is a Tokyo holiday date, the rebalancing date is bumped to the next good business day as per London, Eurozone, New York, and Japan holiday calendar. Rebalance date Selection date 29-Jan-15 26-Jan-15 30-Mar-15 25-Mar-15 29-May-15 26-May-15 30-Jul-15 27-Jul-15 30-Sep-15 25-Sep-15 01-Dec-15 25-Nov-15 28-Jan-16 25-Jan-16 01-Apr-16 29-Mar-16 31-May-16 25-May-16 28-Jul-16 25-Jul-16 29-Sep-16 26-Sep-16 30-Nov-16 25-Nov-16 30-Jan-17 25-Jan-17 30-Mar-17 27-Mar-17 31-May-17 25-May-17 28-Jul-17 25-Jul-17 28-Sep-17 25-Sep-17 30-Nov-17 27-Nov-17 6

Index name: DB Liquid Alpha 4% EUR TR Index BBG Ticker: DBLAET4J Rebalance calendar: London, Eurozone, New York. Adjustment: In the event of a non-zero allocation to X-Alpha and the rebalance date is a Tokyo holiday date, the rebalancing date is bumped to the next good business day as per London, Eurozone, New York, and Japan holiday calendar. Rebalance date Selection date 20-Jan-15 15-Jan-15 20-Apr-15 15-Apr-15 20-Jul-15 15-Jul-15 20-Oct-15 15-Oct-15 20-Jan-16 15-Jan-16 20-Apr-16 15-Apr-16 20-Jul-16 15-Jul-16 20-Oct-16 17-Oct-16 19-Jan-17 16-Jan-17 21-Apr-17 18-Apr-17 20-Jul-17 17-Jul-17 19-Oct-17 16-Oct-17 7

DBIQ Index Selection Report Index name: DB Liquid Alpha 5% USD TR Index BBG Ticker: DBLAUT5J Rebalance calendar: London, Eurozone, New York. Adjustment: In the event of a non-zero allocation to X-Alpha and the rebalance date is a Tokyo holiday date, the rebalancing date is bumped to the next good business day as per London, Eurozone, New York, and Japan holiday calendar. Rebalance date Selection date 20-Jan-15 15-Jan-15 20-Apr-15 15-Apr-15 20-Jul-15 15-Jul-15 20-Oct-15 15-Oct-15 20-Jan-16 15-Jan-16 20-Apr-16 15-Apr-16 20-Jul-16 15-Jul-16 20-Oct-16 17-Oct-16 19-Jan-17 16-Jan-17 21-Apr-17 18-Apr-17 20-Jul-17 17-Jul-17 19-Oct-17 16-Oct-17 8

Index name: DB Liquid Alpha 4% USD TR Index BBG Ticker: DBLAUT4J Rebalance calendar: London, Eurozone, New York. Adjustment: In the event of a non-zero allocation to X-Alpha and the rebalance date is a Tokyo holiday date, the rebalancing date is bumped to the next good business day as per London, Eurozone, New York, and Japan holiday calendar. Selection date 15-Jan-15 15-Apr-15 15-Jul-15 15-Oct-15 15-Jan-16 15-Apr-16 15-Jul-16 17-Oct-16 16-Jan-17 18-Apr-17 17-Jul-17 16-Oct-17 Rebalance date 20-Jan-15 20-Apr-15 20-Jul-15 20-Oct-15 20-Jan-16 20-Apr-16 20-Jul-16 20-Oct-16 19-Jan-17 21-Apr-17 20-Jul-17 19-Oct-17 9

DBIQ Index Selection Report Index name: DB Dynamic Balance J6 4% TR Index and DB Dynamic Balance J6 8% TR Index BBG Ticker: DBDBJ6T4 and DBDBJ6T8 Rebalance calendar: London, Eurozone, New York. Rebalance date Selection date 29-Jan-15 26-Jan-15 26-Feb-15 23-Feb-15 31-Mar-15 26-Mar-15 28-Apr-15 23-Apr-15 28-May-15 22-May-15 30-Jun-15 25-Jun-15 30-Jul-15 27-Jul-15 27-Aug-15 24-Aug-15 30-Sep-15 25-Sep-15 29-Oct-15 26-Oct-15 30-Nov-15 25-Nov-15 30-Dec-15 23-Dec-15 29-Jan-16 26-Jan-16 29-Feb-16 24-Feb-16 31-Mar-16 24-Mar-16 29-Apr-16 26-Apr-16 31-May-16 25-May-16 30-Jun-16 27-Jun-16 29-Jul-16 26-Jul-16 31-Aug-16 25-Aug-16 30-Sep-16 27-Sep-16 31-Oct-16 26-Oct-16 30-Nov-16 25-Nov-16 30-Dec-16 23-Dec-16 31-Jan-17 26-Jan-17 28-Feb-17 23-Feb-17 31-Mar-17 28-Mar-17 28-Apr-17 25-Apr-17 31-May-17 25-May-17 30-Jun-17 27-Jun-17 31-Jul-17 26-Jul-17 31-Aug-17 25-Aug-17 29-Sep-17 26-Sep-17 31-Oct-17 26-Oct-17 10

30-Nov-17 29-Dec-17 27-Nov-17 22-Dec-17 11

DBIQ Index Selection Report Index name: DB Dynamic Balance J9 8% TR Index BBG Ticker: DBDBJ9T8 Rebalance calendar: London, Eurozone, New York. Rebalance date Selection date 29-Jan-15 22-Jan-15 26-Feb-15 19-Feb-15 31-Mar-15 24-Mar-15 28-Apr-15 21-Apr-15 28-May-15 20-May-15 30-Jun-15 23-Jun-15 30-Jul-15 23-Jul-15 27-Aug-15 20-Aug-15 30-Sep-15 23-Sep-15 29-Oct-15 22-Oct-15 30-Nov-15 23-Nov-15 30-Dec-15 21-Dec-15 28-Jan-16 21-Jan-16 29-Feb-16 22-Feb-16 31-Mar-16 22-Mar-16 28-Apr-16 21-Apr-16 31-May-16 23-May-16 30-Jun-16 23-Jun-16 28-Jul-16 21-Jul-16 31-Aug-16 23-Aug-16 29-Sep-16 22-Sep-16 31-Oct-16 24-Oct-16 30-Nov-16 23-Nov-16 29-Dec-16 20-Dec-16 31-Jan-17 24-Jan-17 28-Feb-17 21-Feb-17 30-Mar-17 23-Mar-17 27-Apr-17 20-Apr-17 31-May-17 23-May-17 29-Jun-17 22-Jun-17 31-Jul-17 24-Jul-17 31-Aug-17 23-Aug-17 28-Sep-17 21-Sep-17 31-Oct-17 24-Oct-17 12

30-Nov-17 28-Dec-17 23-Nov-17 19-Dec-17 13

DBIQ Index Selection Report Index name: DB MAA ER Index BBG Ticker: DBMUUPPO Rebalance calendar: London, Eurozone, New York. Selection date 28-Jan-15 25-Feb-15 27-Mar-15 28-Apr-15 27-May-15 26-Jun-15 29-Jul-15 26-Aug-15 28-Sep-15 28-Oct-15 25-Nov-15 24-Dec-15 27-Jan-16 25-Feb-16 29-Mar-16 27-Apr-16 26-May-16 28-Jun-16 27-Jul-16 26-Aug-16 28-Sep-16 27-Oct-16 28-Nov-16 28-Dec-16 27-Jan-17 24-Feb-17 29-Mar-17 26-Apr-17 26-May-17 28-Jun-17 27-Jul-17 29-Aug-17 27-Sep-17 27-Oct-17 28-Nov-17 27-Dec-17 Rebalance date 30-Jan-15 27-Feb-15 31-Mar-15 30-Apr-15 29-May-15 30-Jun-15 31-Jul-15 28-Aug-15 30-Sep-15 30-Oct-15 30-Nov-15 30-Dec-15 29-Jan-16 29-Feb-16 31-Mar-16 29-Apr-16 31-May-16 30-Jun-16 29-Jul-16 31-Aug-16 30-Sep-16 31-Oct-16 30-Nov-16 30-Dec-16 31-Jan-17 28-Feb-17 31-Mar-17 28-Apr-17 31-May-17 30-Jun-17 31-Jul-17 31-Aug-17 29-Sep-17 31-Oct-17 30-Nov-17 29-Dec-17 14

Index name: DB Momentum Asset Allocator USD TV 6 Index BBG Ticker: DBMUUPPN Rebalance calendar: London, Eurozone, New York. Selection date 28-Jan-15 25-Feb-15 27-Mar-15 28-Apr-15 27-May-15 26-Jun-15 29-Jul-15 26-Aug-15 28-Sep-15 28-Oct-15 25-Nov-15 24-Dec-15 27-Jan-16 25-Feb-16 29-Mar-16 27-Apr-16 26-May-16 28-Jun-16 27-Jul-16 26-Aug-16 28-Sep-16 27-Oct-16 28-Nov-16 28-Dec-16 27-Jan-17 24-Feb-17 29-Mar-17 26-Apr-17 26-May-17 28-Jun-17 27-Jul-17 29-Aug-17 27-Sep-17 27-Oct-17 28-Nov-17 27-Dec-17 Rebalance date 30-Jan-15 27-Feb-15 31-Mar-15 30-Apr-15 29-May-15 30-Jun-15 31-Jul-15 28-Aug-15 30-Sep-15 30-Oct-15 30-Nov-15 30-Dec-15 29-Jan-16 29-Feb-16 31-Mar-16 29-Apr-16 31-May-16 30-Jun-16 29-Jul-16 31-Aug-16 30-Sep-16 31-Oct-16 30-Nov-16 30-Dec-16 31-Jan-17 28-Feb-17 31-Mar-17 28-Apr-17 31-May-17 30-Jun-17 31-Jul-17 31-Aug-17 29-Sep-17 31-Oct-17 30-Nov-17 29-Dec-17 15

DBIQ Index Selection Report Index name: DB Momentum Asset Allocator TV6 JPY Hedged Index BBG Ticker: DBMUAJ06 Rebalance calendar : London, Eurozone, New York, TARGET Business days. Selection date 28-Jan-15 25-Feb-15 27-Mar-15 28-Apr-15 27-May-15 26-Jun-15 29-Jul-15 26-Aug-15 28-Sep-15 28-Oct-15 25-Nov-15 24-Dec-15 27-Jan-16 25-Feb-16 29-Mar-16 27-Apr-16 26-May-16 28-Jun-16 27-Jul-16 26-Aug-16 28-Sep-16 27-Oct-16 28-Nov-16 28-Dec-16 27-Jan-17 24-Feb-17 29-Mar-17 26-Apr-17 26-May-17 28-Jun-17 27-Jul-17 29-Aug-17 27-Sep-17 27-Oct-17 28-Nov-17 27-Dec-17 Rebalance date 30-Jan-15 27-Feb-15 31-Mar-15 30-Apr-15 29-May-15 30-Jun-15 31-Jul-15 28-Aug-15 30-Sep-15 30-Oct-15 30-Nov-15 30-Dec-15 29-Jan-16 29-Feb-16 31-Mar-16 29-Apr-16 31-May-16 30-Jun-16 29-Jul-16 31-Aug-16 30-Sep-16 31-Oct-16 30-Nov-16 30-Dec-16 31-Jan-17 28-Feb-17 31-Mar-17 28-Apr-17 31-May-17 30-Jun-17 31-Jul-17 31-Aug-17 29-Sep-17 31-Oct-17 30-Nov-17 29-Dec-17 16

Index name : Momentum Asset Allocator Master Index BBG Ticker: DBMUAUSM Rebalance calendar: London, New York, TARGET Business days. This index does not rebal. 17

DBIQ Index Selection Report Index name: LSM EUR Index and LSM USD Index BBG Ticker: DBMULSME and DBMULSMU Rebalance calendar: London, Eurozone, New York, EUREX. Selection date 28-Jan-15 25-Feb-15 27-Mar-15 28-Apr-15 27-May-15 26-Jun-15 29-Jul-15 26-Aug-15 28-Sep-15 28-Oct-15 25-Nov-15 29-Dec-15 27-Jan-16 25-Feb-16 29-Mar-16 27-Apr-16 26-May-16 28-Jun-16 27-Jul-16 26-Aug-16 28-Sep-16 27-Oct-16 28-Nov-16 28-Dec-16 27-Jan-17 24-Feb-17 29-Mar-17 26-Apr-17 26-May-17 28-Jun-17 27-Jul-17 29-Aug-17 27-Sep-17 27-Oct-17 28-Nov-17 27-Dec-17 Rebalance date 30-Jan-15 27-Feb-15 31-Mar-15 30-Apr-15 29-May-15 30-Jun-15 31-Jul-15 28-Aug-15 30-Sep-15 30-Oct-15 30-Nov-15 31-Dec-15 29-Jan-16 29-Feb-16 31-Mar-16 29-Apr-16 31-May-16 30-Jun-16 29-Jul-16 31-Aug-16 30-Sep-16 31-Oct-16 30-Nov-16 30-Dec-16 31-Jan-17 28-Feb-17 31-Mar-17 28-Apr-17 31-May-17 30-Jun-17 31-Jul-17 31-Aug-17 29-Sep-17 31-Oct-17 30-Nov-17 29-Dec-17 18

Index name: LSM JPY index BBG Ticker: DBMULSMJ Rebalance calendar: New York, Tokyo Selection date 28-Jan-15 25-Feb-15 27-Mar-15 27-Apr-15 27-May-15 26-Jun-15 29-Jul-15 27-Aug-15 28-Sep-15 28-Oct-15 25-Nov-15 28-Dec-15 27-Jan-16 25-Feb-16 29-Mar-16 26-Apr-16 26-May-16 28-Jun-16 27-Jul-16 29-Aug-16 28-Sep-16 27-Oct-16 28-Nov-16 28-Dec-16 27-Jan-17 24-Feb-17 29-Mar-17 26-Apr-17 26-May-17 28-Jun-17 27-Jul-17 29-Aug-17 27-Sep-17 27-Oct-17 28-Nov-17 27-Dec-17 Rebalance date 30-Jan-15 27-Feb-15 31-Mar-15 30-Apr-15 29-May-15 30-Jun-15 31-Jul-15 31-Aug-15 30-Sep-15 30-Oct-15 30-Nov-15 30-Dec-15 29-Jan-16 29-Feb-16 31-Mar-16 28-Apr-16 31-May-16 30-Jun-16 29-Jul-16 31-Aug-16 30-Sep-16 31-Oct-16 30-Nov-16 30-Dec-16 31-Jan-17 28-Feb-17 31-Mar-17 28-Apr-17 31-May-17 30-Jun-17 31-Jul-17 31-Aug-17 29-Sep-17 31-Oct-17 30-Nov-17 29-Dec-17 19

DBIQ Index Selection Report Index name: DB Cross Asset Trends USD index BBG Ticker: DBCATUSD Selection calendar: New York, London Rebalance calendar: New York, London, LCI, NYSE, Eurex, LSE, Tokyo, Tokyo Stock Exchange, Chicago Board Options Exchange Equity Futures, Selection Dates 7-Jan-99 8-Feb-00 8-Jan-01 8-Jan-02 8-Jan-03 9-Jan-04 7-Jan-05 6-Jan-06 8-Jan-07 8-Jan-08 9-Jan-09 8-Jan-10 7-Jan-11 6-Jan-12 8-Jan-13 8-Jan-14 9-Jan-15 8-Jan-16 6-Jan-17 8-Jan-18 8-Jan-19 8-Jan-20 Rebalance Dates 11-Jan-99 10-Feb-00 10-Jan-01 10-Jan-02 10-Jan-03 13-Jan-04 11-Jan-05 10-Jan-06 10-Jan-07 10-Jan-08 13-Jan-09 12-Jan-10 11-Jan-11 10-Jan-12 10-Jan-13 10-Jan-14 13-Jan-15 12-Jan-16 10-Jan-17 10-Jan-18 10-Jan-19 10-Jan-20 Index name: DB Cross Asset Trends Ex Commodities USD index BBG Ticker: DBCATXCU Selection calendar: New York, London Rebalance calendar: New York, London, NYSE, Eurex, LSE, Tokyo, Tokyo Stock Exchange, Chicago Board Options Exchange Equity Futures, 20

Selection Dates 7-Jan-99 8-Feb-00 8-Jan-01 8-Jan-02 8-Jan-03 9-Jan-04 7-Jan-05 6-Jan-06 8-Jan-07 8-Jan-08 9-Jan-09 8-Jan-10 7-Jan-11 6-Jan-12 8-Jan-13 8-Jan-14 9-Jan-15 8-Jan-16 6-Jan-17 Rebalance Dates 11-Jan-99 10-Feb-00 10-Jan-01 10-Jan-02 10-Jan-03 13-Jan-04 11-Jan-05 10-Jan-06 10-Jan-07 10-Jan-08 13-Jan-09 12-Jan-10 11-Jan-11 10-Jan-12 10-Jan-13 10-Jan-14 13-Jan-15 12-Jan-16 10-Jan-17 21

DBIQ Index Selection Report Index Guide Disclaimers This document is intended for information only and does not create any legally binding obligations on the part of Deutsche Bank AG and/or its affiliates ( DB ). This document is intended to provide a summary of the index it purports to describe. No warranty or representation is made as to the correctness, completeness and accuracy of the information. Without limitation, this document does not constitute an offer, an invitation to offer or a recommendation to enter into any transaction. When making an investment decision, you should rely solely on the final documentation relating to the transaction. Products based on the index or indices described in this document may not be appropriate for all investors and before entering into any transaction you should take steps to ensure that you fully understand the transaction and have made an independent assessment of the appropriateness of the transaction in the light of your own objectives and circumstances, including the possible risks and benefits of entering into such transaction. Refer to your DB Sales person for product related information. For general information regarding the nature and risks of the proposed transaction and types of financial instruments please go to www.globalmarkets.db.com/riskdisclosures. You should also consider seeking advice from your own advisers in making this assessment. If you decide to enter into a transaction with DB, you do so in reliance on your own judgment. Past performance is no indication of future results. This material was prepared by DBIQ. 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