For Key Client Partner Clients or U.S. Institutional Investors. Not for Retail Distribution Deutsche Asset Management Deutsche Asset Management Infrastructure Debt Presentation: RIN II Equity March 2018 CONFIDENTIAL-FOR DISCUSSION PURPOSES ONLY The Information herein is confidential and subiect to change. By accepting this information, the recipient agrees to use the information only to evaluate Its potential Interest in the proposed vehicle described herein and for no other purpose and will not divulge any such information to any other party. Any reproduction of this information, in whole or in part. is prohibited. The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. If any offer Is made, it shall be pursuant to a final offering document that would contain material information not contained herein. Any decision to invest in the proposed vehicle described herein should be made solely In reliance upon such final offering circular and not upon the terms set forth in this preliminary presentation. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0062678 CONFIDENTIAL SDNY_GM_00208862 EFTA01370081