S0F III - 1081 Southern Financial LLC DB SOFA cashflow profile 26c per $1 of commitment has been maximum net investor outlay Cumulative cash flows to investors USSm 700 600 500 400 352 200 100 ir ll1111 1111 111 m 78 P., R g R g 304 304 300 250 2 385 385 385 385 418 418 418 419 419 420 te) Curntiative Distributions asiiirom*Cumulative Capital Calls — -Committed Capital g Net contributed capital as % of commitment Net contributed capital = Capital Calls — Distributions 100% 75% 50% 2 25% 20%19%23%22%i 23%6% 22%20% 8% 16%15%16% 8% 1% -6% -9% -12% O o o o CNI CN RA9R249R44:2R24.2Rg (1) Performance figures have been cractgmed based on the unaudited performance results or DB S0F as of September Xi. 2013 and should be read and reviewed in conjunction with the important Information" and "Important Performance Information" sections of this presentation. Investors should consult with their own advisors as to the appropriate factors to be considered in evaluating this information Past performance of DB SOF Is not a prediction of the future performance of DB SOF, DB SOF D, DB SOF II or SOF III but Is included to demonstrate the track record of the DB Secondaries team - please refer to the Certain Risk Factors section. No assurance can be given that the performance of unrealized investments has not significantly changed from the date the performance reflected herein was determined. Investments In private equity are speculative and involve significant risks. An investor should only invest If the Investor can withstand a total loss of its Investment Deutsche Asset 3 wealth Managerneni 37 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 109211 CONFIDENTIAL SDNY_GM_00255395 EFTA01452288