Commerzbank Annual General Meeting

Board of Managing Directors and Supervisory Board discharged
Dividend distribution of €0.20 for each share with dividend entitlement decided

The shareholders voted as follows on the fundamental items on the agenda:

Resolution on the use of the profit shown on the balance sheet (item 2)

The profits reported on the annual financial statements for the fiscal year 2015 totalled approximately €846.7 million. The Annual General Meeting has voted, as proposed by the Board of Managing Directors and the Supervisory Board, that approximately €250.5 million of the profit will be used for the payment of a dividend of €0.20 per share with dividend entitlement. The remaining sum of approximately €596.2 million will be allocated to the revenue reserves. The resolution was passed with a majority of 99.68%.

Discharge (items 3 and 4)

The members of the Board of Managing Directors and Supervisory Board were discharged with a majority of 99.85% and 99.81%, respectively.

Compensation for the Supervisory Board (item 7)

The Annual General Meeting has approved item 7 with 96.47%. Therefore, the compensation for the Supervisory Board will be changed to a purely fixed compensation. This reflects the development of the German Corporate Governance Code. The amount of the compensation will be adjusted in line with the increased level of responsibility and the large workload associated with the office.

The precise voting results on the individual items on the agenda are to be found at www.commerzbank.com/agm.

About Commerzbank

Commerzbank is a leading international commercial bank with branches and offices in more than 50 countries. The core markets of Commerzbank are Germany and Poland. With the business areas Private Customers, Mittelstandsbank, Corporates & Markets and Central & Eastern Europe, its private customers and corporate clients, as well as institutional investors, profit from a comprehensive portfolio of banking and capital market services. Commerzbank finances more than 30 per cent of Germany’s foreign trade and is the unchallenged leader in financing for SMEs. With its subsidiaries Comdirect and Poland’s M Bank it owns two of the world’s most innovative online banks. With approximately 1,050 branches and more than 90 advisory centres for business customers Commerzbank has one of the densest branch networks among German private banks. In total, Commerzbank boasts more than 16 million private customers, as well as 1 million business and corporate clients. The Bank, which was founded in 1870, is represented at all the world’s major stock exchanges. In 2015, it generated gross revenues of €9.8 billion with 51,300 employees.