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Commerzbank AG Investor Presentation 2013

Jan 14, 2013

81_ip_2013-01-14_ae586b27-fbe9-45d6-9bdd-e24147268070.pdf

Investor Presentation

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Commerzbank's strategic realignment

Commerzbank German Investment Seminar 2013

Stephan Engels | CFO | New York | January 14th, 2013

Integration of Dresdner Bank significantly increased market coverage and revenue potential for Commerzbank

Commerzbank unique strategic position:"Serving our customers and financing the real economy"

Dresdner Bank acquisition:"Seizing the unique consolidation opportunity"

Significant increase in market coverage and revenue potential

Stephan Engels | CFO | New York | January 14th, 20131

Commerzbank today: a competent partner for private and corporatecustomers with a strong core franchise

Private Customers

  • › ~11 million customers, thereof 7.8 million in the retail network
  • ›1,200 branches in Germany
  • ›No. 1 online broker (comdirect)
  • ›Leading position in wealth management

Mittelstandsbank

  • › House bank of German Mittelstand with market coverage >30% of German SME and >90% of German large corporates
  • ›Leading position in cash & trade services
  • › No. 1 in documentary credit business and No. 3 in commercial euro payments in Western Europe and North America

Corporates & Markets

  • › Prudent and client centric business model since 2004
  • › Leading in European securitized products, German DCM loans & bonds and equity brokerage & international risk management solutions

Central & Eastern Europe

  • › No. 3 bank in Poland (BRE Bank) with 4 million customers
  • › Strong brand in retail business with mBank in Poland, Czech Republic and Slovakia

Significant strategic milestones of Roadmap 2012 achieved

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Stephan Engels | CFO | New York | January 14th, 20133

Commerzbank is more resilient than before Dresdner Bank acquisition

As the macroeconomic environment has changed dramatically since 2009, Commerzbank could not achieve the revenue targets

Since conditions will remain challenging Commerzbank will have to adjust to the "New Normal"

Focused growth: realisation of revenue potential in the Core Bank

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Key performance indicators defined to track progress on strategic measures

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Investments will be funded by further cost efficiencies –despite inflation and regulatory changes, costs will remain flat

1) Before possible restructuring charges. Note: Numbers may not add up due to rounding.

Stephan Engels | CFO | New York | January 14th, 20139

Optimise capital allocation: change in business mix and reduction of activities with low RWA productivity

1) Annualised.

Optimise capital allocation: RWA reduction in NCA results in significantly improved capital allocation in 2016

Capital management will remain key for Commerzbank

Basel III Core Tier I at all times >9% under phase-in

Note: estimated impacts as of September 2012 / calculated as if Basel III had been implemented effective 1st of January 2013

Stephan Engels | CFO | New York | January 14th, 2013

Commerzbank targets 2016 at a glance

For more information, please contact Commerzbank´s IR team:

Tanja Birkholz (Head of Investor Relations / Executive Management Board Member)P: +49 69 136 23854M: [email protected]

Jürgen Ackermann (Europe / US)P: +49 69 136 22338M: [email protected]

Ute Heiserer-Jäckel (Retail Investors)P: +49 69 136 41874M: [email protected]

Simone Nuxoll (Retail Investors)P: +49 69 136 45660M: [email protected] Michael H. Klein (UK / Non-Euro Europe / Asia / Fixed Income)P: +49 69 136 24522M: [email protected]

Maximilian Bicker (Speaker)P: +49 69 136 28696M: [email protected]

Wennemar von Boldelschwingh (Speaker) P: +49 69 136 43611M: [email protected]

[email protected]

Disclaimer

Investor Relations

This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about Commerzbank's beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates, projections and targets as they are currently available to the management of Commerzbank. Forward-looking statements therefore speak only as of the date they are made, and Commerzbank undertakes no obligation to update publicly any of them in light of new information or future events. By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include, among others, the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which Commerzbank derives a substantial portion of its revenues and in which it hold a substantial portion of its assets, the development of assetprices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of its strategic initiatives and the reliability of its risk management policies.

In addition, this presentation contains financial and other information which has been derived from publicly available information disclosed by persons other than Commerzbank ("external data"). In particular, external data has been derived from industry and customer-related data and other calculations taken or derived from industry reports published by third parties, market research reports and commercial publications. Commercial publications generally state that the information they contain has originated from sources assumed to be reliable, but that the accuracy and completeness of such information is not guaranteed and that the calculations contained therein are based on a series of assumptions. The external data has not been independently verified by Commerzbank. Therefore, Commerzbank cannot assume any responsibility for the accuracy of the external data taken or derived from public sources.

Copies of this document are available upon request or can be downloaded from www.commerzbank.com

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