Disclosures

European Union Regulatory Background

Under European Union law, banks and investment firms are required to obtain authorization from their relevant supervisory authority in order to carry out regulated banking and investment service activities.

Within the European Economic Area (“EEA”), authorization to undertake these activities is obtained from the supervisory authority of the country where a bank has its head office (the “home state authority”). In some cases the home state authority will comprise more than one supervisory authority.

The home state authority is responsible for supervising banks’ systems and controls, their financial adequacy and their overall conduct. In addition, the home state authority is responsible for investor compensation and depositor protection schemes.

Banks may offer banking and investment services in other EEA member states (known as “host states”) under a so-called “European Passport”.

This passport, which specifies permitted activities, is granted by the home state authority. The presence of such a bank in the host state – provided it is not a separate legal entity from the bank – is referred to as a “branch” (under Article 4(3) of the Banking Consolidation Directive (Recast) (2006/48/EC)).

EEA member state supervisory authorities are required to maintain public registers of banks authorized to carry out activities in their jurisdiction.

A host state authority will rely on the home state authority to ensure that the systems, controls and financial adequacy of a bank are in good order. To the extent that activities are carried out within its jurisdiction, the host state authority supervises the conduct of banks. This includes, for example, rules on treating clients fairly and rules governing a bank’s conduct in the securities market.

Corporate and Regulatory Disclosures

DB Privat- und Firmenkundenbank Aktiengesellschaft („DB Privat- und Firmenkundenbank AG“ or „the Bank“), together with its subsidiaries. The Bank and those subsidiaries are authorized and/or regulated by regulatory authorities in their country of incorporation as well as, in some instances, by regulatory authorities in other jurisdictions. The Bank’s subsidiaries include banks, securities companies and financial services providers.


Germany:


DB Privat- und Firmenkundenbank AG

Theodor-Heuss-Allee 72
60486 Frankfurt am Main, Germany
Management Board: Frank Strauß, Chairman; Stefan Bender; Philipp Gossow; Dr. Alexander Ilgen; Susanne Klöß-Braekler; Britta Lehfeldt; Dr. Ralph Müller; Dr. Markus Pertlwieser; Zvezdana Seeger; Lars Stoy
Supervisory Board: Christian Sewing, Chairman
Head Office Frankfurt am Main, Local Court Frankfurt am Main, No. HRB 47141



Postbank – a branch of DB Privat- und Firmenkundenbank AG

Friedrich-Ebert Allee 114–126
53113 Bonn, Germany



Betriebs-Center für Banken AG

Eckenheimer Landstraße 242
60320 Frankfurt am Main
Management Board: Ilona Kartz, Albert Lechner, Wolfgang Lindner, Manfred Räbiger
Supervisory Board: Manuel Loos, Chairman
Head Office Frankfurt am Main, Local Court Frankfurt am Main, No. HRB 80499



BHW Bausparkasse AG

Lubahnstraße 2
31789 Hameln
Management Board: Henning Göbel, Vorsitzende: Dietmar König, Michael Ost
Supervisory Board: Lars Stoy, Chairman
Head Office Hameln, Local Court Hannover, No. HRB 100345



BHW Gesellschaft für Wohnungswirtschaft mbH

Lubahnstraße 2
31789 Hameln
Managing Directors: Christian Beckmann; Claus-Thede Heesch; Dr. Uwe Körner
Head Office Hameln, Local Court Hannover, No. HRB 100191



BHW Holding GmbH

Lubahnstraße 2
31789 Hameln
Managing Directors: Sven Becker; Claus-Thede Heesch
Head Office Hameln, Local Court Hannover, No. HRB 208310



BHW Kreditservice GmbH

Lubahnstraße 2
31789 Hameln
Managing Directors: Dirk Steinhoff, Spokesman; Ingo Faerber; Ilona Kartz; Dietmar Stickel
Supervisory Board: Manuel Loos, Chairman
Head Office Hameln, Local Court Hannover, No. HRB 207946



DSL-Bank – a branch of DB Privat- und Firmenkundenbank AG

Friedrich-Ebert-Allee 114–126
53113 Bonn, Germany



DSL Portfolio Verwaltungs GmbH

Friedrich-Ebert-Allee 114–126
53113 Bonn
Managing Directors: Christian Heikamp; Udo Herzig
AG Bonn: No. HRB 16377



DSL Portfolio GmbH & Co. KG

Friedrich-Ebert-Allee 114–126
53113 Bonn
Managing Directors: DSL Portfolio Verwaltungs GmbH
Head Office Bonn, Local Court Bonn, No. HRA 7144



PB Factoring GmbH

Kennedyallee 62–70
53175 Bonn
Managing Directors: Monika Loock-Weber; Michael Menke
Supervisory Board: Dr. Ralph Müller, Chairman
Head Office Bonn, Local Court Bonn, No. HRB 9598



PB Firmenkunden AG

Friedrich-Ebert-Allee 114–126
53113 Bonn
Management Board: Carsten Fischer; Volker Löwer; Reiner Ramacher
Supervisory Board: Dr. Ralph Müller, Chairman
Head Office Bonn, Local Court Bonn, No. HRB 9701



PB Spezial-Investmentaktiengesellschaft mit Teilgesellschaftsvermögen

Friedrich-Ebert-Allee 114–126
53113 Bonn
Management Board: Carsten Anders, Chairman; Ingo Löhrl
Supervisory Board: Guido Behrendt, Chairman
Head Office Bonn, Local Court Bonn, No. HRB 19618



Postbank Akademie und Service GmbH

Lubahnstraße 2
31789 Hameln
Managing Directors: Torsten Schulte; Barbara Zimmerlein
Supervisory Board: Kristina Flügel, Chairwoman
Head Office Hameln, Local Court Hannover, No. HRB 201651



Postbank Beteiligungen GmbH

Friedrich-Ebert-Allee 114–126
53113 Bonn
Managing Directors: Sven Becker; Klaus Klug; Achim Kuhn
Head Office Bonn, Local Court Bonn, No. HRB 14093



Postbank Direkt GmbH

Friedrich-Ebert-Allee 114–126
53113 Bonn
Management Board: Ingo Faerber; Oliver Hoeps-Orberger; Dietmar Stickel
Supervisory Board: Susanne Klöß-Braekler, Chairwoman
Head Office Bonn, Local Court Bonn, No. HRB 17337



Postbank Filialvertrieb AG

Friedrich-Ebert-Allee 120–122
53113 Bonn
Management Board: Markus Belt; René Devaux; Josef Lichtblau; Thorsten De Paoli Peppler
Supervisory Board: Susanne Klöß-Braekler, Chairwoman
Head Office Bonn, Local Court Bonn, No. HRB 45654



Postbank Finanzberatung AG

Lubahnstraße 2
31789 Hameln
Management Board: Renato Favro, Spokesman; Bernd Diestelhorst; Bernd Koch; Florian Schüler
Supervisory Board: Lars Stoy, Chairman
Head Office Hameln, Local Court Hannover, No. HRB 200614



Postbank Immobilien GmbH

Lubahnstraße 2
31789 Hameln
Managing Directors: Florian Schüler, Spokesman; Bernd Diestelhorst
Head Office Hameln, Local Court Hannover, No. HRB 100217



Postbank Immobilien und Baumanagement GmbH

Friedrich-Ebert-Allee 114–126
53113 Bonn
Managing Directors: Andreas Grochtmann
Head Office Bonn, Local Court Bonn, No. HRB 5839



Postbank Leasing GmbH

Friedrich-Ebert-Allee 114–126
53113 Bonn
Managing Directors: Volker Jacobi, Michael Menke
Head Office Bonn, Local Court Bonn, No. HRB 6032



Postbank Service GmbH

Kruppstraße 2
45128 Essen
Managing Directors: Heiko Fischer; Ilona Kartz; Thomas Marienfeld; Manfred Räbiger
Supervisory Board: Manuel Loos, Chairman
Head Office Essen, Local Court Essen, No. HRB 24261



Postbank Systems AG

Baunscheidtstraße 8
53113 Bonn
Management Board: Dr. Thomas Mangel, Chairman; Berthold Lantzius-Beninga; Bernd Pollak; Franz Plum
Supervisory Board: Zvezdana Seeger, Chairwoman
Head Office Bonn, Local Court Bonn, No. HRB 8867



SAB Real Estate Verwaltungs GmbH

Lubahnstraße 2
31789 Hamelin
Managing Directors: Roland Becher; Christian Beckmann
Head Office Hamelin, Local Court Hannover, No. HRB 203022



VÖB-ZVD Processing GmbH

Alemannnstraße 1
53175 Bonn
Managing Directors: Hermann Beckers, Spokesman; Ingo Faerber; Markus Schierack
Supervisory Board: Dr. Thomas Mangel, Chairman
Head Office Bonn, Local Court Bonn, No. HRB 23407



Luxembourg:


PB International S.A.

PB Finance Center
Parc d’Activité Syrdall 2
18-20, rue Gabriel Lippmann
L-5365 Munsbach
Board of Directors: Guido Behrendt, Chairman; Dr. Marcus Schuster
Managing Director: Dr. Marcus Schuster



Postbank Luxembourg – a branch of DB Privat- und Firmenkundenbank AG

PB Finance Center
Parc d’Activité Syrdall 2
18-20, rue Gabriel Lippmann
L-5365 Munsbach



Deutsche Postbank Finance Center Objekt GmbH

Parc d’Activité Syrdall 2
18-20, rue Gabriel Lippmann
L-5365 Munsbach
Managing Director: Stefan Schares