ROYAL BANK OF CANADA

CUSIP: 780082AD5 Class: NOTE 4.650% 1/2

DEUTSCHE BANK AG\'s Holding History (CIK: 0000948046)

Note: Option positions (PUT/CALL) are excluded.

Q1 2017
Shares 640,000 Value ($000) $677 Avg Close — Range —
Q4 2016
Shares 940,000 Value ($000) $1,001 Avg Close — Range —
Q3 2016
Shares 940,000 Value ($000) $1,024 Avg Close — Range —
Q2 2016
Shares 140,000 Value ($000) $149 Avg Close — Range —