Deutsche Bank AG New York Preferred Certificates of Deposit Effective 1/16/2018 In times of economic uncertainty, traditional banking products offer a predictable rate of return. Deutsche Bank AG New York Preferred Certificates of Deposit (Deutsche Bank AG Preferred CDs) offer a balance between your short-term liquidity needs and long-term strategic objectives, allowing you to purchase one or many deposits with a variety of maturities and interest rates. Deutsche Bank AG Preferred CD client rates (not FDIC-insured) Term Interest Ratel 1-month 3-month 6-month Personal Business 9-month Variable rate (Fed Funds + 40bps) 12-month Personal Business 18-month 24-month 1 Note: These rates are only applicable as of the date shown. Rates are subject to change. Interest earned on the Deutsche Bank AG Preferred CDs with original maturities of one year or less than one year will be paid at the maturity of such Deutsche Bank AG Preferred CD, and interest earned on Deutsche Bank AG Preferred CDs with original maturities of more than one year will be paid annually and at maturity. Interest begins to accrue on the date that the Deutsche Bank AG NY Branch receives proceeds in an amount equal to the principal amount of the Deutsche Bank AG Preferred CDs that you purchase, which will be on the business day on which you agree to purchase the Deutsche Bank AG Preferred CD. 2The interest rate for the 9-month Variable rate Deutsche Bank AG Preferred CD will be determined on the first business day of each calendar month during the term of the Deutsche Bank AG Preferred CD. The interest rate for each calendar month will be the Federal Funds effective rate on the first business day of the month as published in the Wall Street Journal + a pre-determined basis point spread. 1.25% 1.50% Annual Percentage Yield (APY) 1 1.26% 1.51% 2.00% 2.02% EFTA01434999