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Press release from Business Wire

Deutsche Bank Strengthens Natural Resources Platform in the Americas

<p> <b>Andrew Safran to Join as a Vice Chairman in New York</b> </p>

Tuesday, March 20, 2012

Deutsche Bank Strengthens Natural Resources Platform in the Americas12:09 EDT Tuesday, March 20, 2012 NEW YORK (Business Wire) -- Deutsche Bank today announced that Andrew Safran will join the firm's Natural Resources coverage group as a Managing Director and Vice Chairman. He will be based in New York, reporting to Jacques Brand, Global Co-Head of Investment Banking Coverage and Advisory and Co-Chairman of the Corporate Finance Executive Committee. Safran will also become a member of the Bank's Corporate and Investment Banking Americas Executive Committee. Safran will join from Citigroup where he has spent the last 24 years, originally joining Smith Barney in 1988. Since 2011, Safran has been Chairman of the Energy, Power and Chemical groups and Vice Chairman of Global Banking. Previously he was Global Head of Energy, Power and Chemicals. “We're excited to add someone with Andy's industry relationships and expertise to the already-strong team we have in place at Deutsche Bank,” said Dan Ward, Global Co-Head of Natural Resources Investment Banking Coverage. “I'm confident that his wealth of experience will prove tremendously valuable to our clients across the natural resources sector.” “As activity across the natural resources sector continues to increase, so will our clients' needs for expert advice and guidance,” said Brand. “We have no doubt that Andy will be a key contributor to providing the world-class service that clients need and expect from us.” Safran holds a BA in Political Science and an MA in International Affairs from The Fletcher School of Law and Diplomacy at Tufts University. About Deutsche Bank Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people. Deutsche Bank Securities Inc., member NYSE, FINRA and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States. www.db.com Deutsche Bank AGJohn Gallagher, + (212) 250-4516john-t.gallagher@db.com