DEUTSCHE BANK A G

Ticker: DB CUSIP: D18190898 Class: Common Stock

Hudson Bay Capital Management LP's Holding History (CIK: 0001393825)

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

Q1 2018

Shares 56,100 Value ($000) $784 Avg Close $14.71 Range $11.93 - $17.43

Q1 2017

Shares 52,900 Value ($000) $908 Avg Close $14.94 Range $14.03 - $16.13

Q4 2016

Shares 675,000 Value ($000) $12,218 Avg Close $12.15 Range $9.71 - $14.87

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	56,100	$784	$14.71	$11.93 - $17.43
Q1 2017	52,900	$908	$14.94	$14.03 - $16.13
Q4 2016	675,000	$12,218	$12.15	$9.71 - $14.87