Investment Team Biographies Larry Adam, LIMA, CFP, CFA® Managing Director, Chief Investment Officer Americas and Global Chief Investment Strategist Deutsche Bank Wealth Management Larry Adam is a Managing Director and serves the dual role of Chief Investment Officer —Americas and Global Chief Investment Strategist for Deutsche Bank Wealth Management. In his role as CIO-Americas, he Co-Chairs the Americas Regional Investment Committee, the management team responsible for investment strategy and asset allocation for discretionary portfolios in the Americas, and is a voting member on the Multi Asset Investment Committee, which formalizes and establishes the global house view. As Global Chief Investment Strategist, Mr. Adam is responsible for articulating and providing detailed research on the outlook for the global economy and each major asset class in support of the house view. Previously, Mr. Adam was the Head of the Asset Allocation and Quantitative Analysis Group, the group responsible for analyzing and implementing client-specific asset allocation strategies. He is widely published and has been quoted in various mainstream and financial publications, including The Wall Street Journal, Barron's and International Herald Tribune. He also frequently appears on television and has been featured on CNBC and Bloomberg TV. Mr. Adam joined Deutsche Bank Alex. Brown in 1992. Mr. Adam received a B.B.A. and a master's degree in business with a concentration in finance from Loyola University Maryland. He has eamed the Chartered Financial Analyst®, the Certified Investment Management Analyst® and the Certified Financial PlannerTh designations. He can be contacted at or emailed at Deutsche Bank weatm CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0073295 CONFIDENTIAL SDNY_GM_00219479 EFTA01376855