German Deposit Protection (EinSiG) NB: The terms 'client', 'customer and 'depositor' are used interchangeably throughout this document. What is it? The European Parliament issued the deposit guarantee schemes Directive 2014/49 on April 16th 2014, with a deadline July 3rd 2015, for implementation in the respective laws of the European Economic Area (EEA). EinSiG is Germany's take on the European Deposit Guarantee Scheme. EinSiG requires German credit institutions, such as Deutsche Bank AG, to: • Inform new customers about their participation in a deposit guarantee scheme (DGS) • Obtain new customers' acknowledgement of having received this information • Provide information about their participation in a DGS on their account statements • Provide a standardized information sheet annually to all their deposit customers NB: These communications are physical The Directive's aim is to make sure that all financial institutions inform all prospective new and existing customers of the existence of mandatory deposit protection schemes, the extent of the protection afforded and what customers should do, in case their financial institution becomes bankrupt. Deutsche Bank AG, domiciled in Germany, is forced to put into place the requirements arising from the German Banking Act (Kreditwesengesetz) paragraph 23a based on the aforementioned Directive for all of its branches, whether they are in Germany, Europe or outside that region. What does Deutsche Bank need to do? To fulfill the legal requirements under this Directive, Deutsche Bank AG must: • Inform prospective new clients about the existence of the deposit guarantee scheme before opening their first account by distributing the "Depositor Information Sheet", which the customer must sign and return, in order for Deutsche Bank to be able to file as evidence • Inform existing customers, via the account statements provided, about the fact that deposits are protected • Inform existing customers on an