Source - BUS

Value per Security

Deutsche Bank AG

DB ETC PLC

Dated: 31 May 2017

COMPANY ANNOUNCEMENT

Immediate Release 31 May 2017

DB ETC plc (the Issuer)

(incorporated and registered in Jersey under the Companies (Jersey)

Law 1991 (as amended) with registered number 103781)

Re: Value per Security of ETC Securities Announcement

The Issuer is providing the Value per Security for the ETC Securities for the following Series as set out in the table below for 30 May 2017

Series   ISIN   Currency   Value per Security
Series 01 - db Physical Gold ETC GB00B5840F36 USD 123.7106
Series 02 - db Physical Gold Euro Hedged ETC DE000A1EK0G3 EUR 92.5646
Series 03 - db Physical Silver ETC GB00B57Y9462 USD 167.3007
Series 04 - db Physical Silver Euro Hedged ETC DE000A1EK0J7 EUR 121.2676
Series 05 - db Physical Platinum ETC GB00B57GJC05 USD 91.1900
Series 06 - db Physical Platinum Euro Hedged ETC DE000A1EK0H1 EUR 65.8167
Series 07 - db Physical Palladium ETC GB00B5VYVZ75 USD 77.2353
Series 08 - db Physical Palladium Euro Hedged ETC DE000A1EK3B8 EUR 54.9810
Series 09 - db Physical Gold ETC (EUR) DE000A1E0HR8 USD 123.7834
Series 10 - db Physical Silver ETC (EUR) DE000A1E0HS6 USD 167.4535
Series 11 - db Physical Rhodium ETC GB00B684MW17 USD 86.3299
Series 12 - db Physical Rhodium ETC (EUR) DE000A1KJHG8 EUR 77.3224
Series 13 - db Physical Gold GBP Hedged ETC GB00B68FL050 GBp 746.0601
Series 16 – db Physical Gold CHF Hedged ETC DE000A1R4RS2 CHF 106.9367

Enquiries to:

TMG.ETC@db.com

DB ETC plc