Simpler – faster – better Annual Press Conference 2017

CET 1 ratio

(%)

Operating result

(€bn)

Net result

(€m)

12.0

2015 2016

12.3

279

2015 2016

1,084

1.4

1.9

2016 2015

Review 2016 – solid performance in difficult environment

Simpler

Faster

Better

Focussed

business model

Digital

transformation

Enhanced

efficiency

Commerzbank 4.0: strategy with three cornerstones

Up to 1,000 staff Around 300 staff in

Digital Campus

14 Journeys

80% of our relevant processes will be digital by 2020

Digital settlement

via “One”

No manual

processes

Decision

within seconds

Digital consumer credit platform to go live this year

“One” Customer growth Flagship and City branches

Innovation leader for Private and Small Business Customers

Sector expertise MSB & CM Management team

MSB

&

CM

Corporate Clients: leading lender to the German economy

Negotiations

Employee

representatives

Flagship and

City branches

“One” Offers for

Small Business

Customers

Robo

Advisory

comdirect

Separation of

EMC

Outlook for 2017

Strategy implementation

Payments/Trade Finance

Master

Journeys

Daily Banking

& CLM Retail

Daily Banking

& CLM FK

Payments Trade Fin.

& Services

Digital Campus: 14 Journeys to achieve 80% digitalisation by 2020

Lending business

Master

Journeys

Credit

SME

Credit

Corporates

Consumer

Credit

Mortgages

Digital Campus: 14 Journeys to achieve 80% digitalisation by 2020

Asset Management

Master

Journeys

Securities

Retail

Digital Campus: 14 Journeys to achieve 80% digitalisation by 2020

Support

Journeys

Digital Customer

Communication

Big Data &

Adv. Analytics

Digital

Authorisation

Open

API

Cross Channel

Banking

Digital Campus: 14 Journeys to achieve 80% digitalisation by 2020

Degree of digitalisation

(%)

Net new customers (GER)

(m)

Net new clients

(k)

Group

Private and

Small Business Customers

Corporate Clients

2017 2016 2020

30

50

80

2017 2016 2020

1.6 3.5

10.0

2017 Q4 2016 2020

2.0

0.1

0.5

Strategy: key execution indicators

Loan loss provisions Group

(€m)

Revenues Group

(€bn)

Expenses Group

(€m)

696

2015 2016

900 7,100

2015 2016

7,157 9.4 9.8

2016 2015

Expenses stable, loan loss provisions well below €1bn

NPL ratio Group

(%)

ACR run-down portfolio

(€bn)

2016

1.6 16.2

2016

18.5

2015

Sound risk profile

Revenues by division

(€m)

Operating result

(€m)

2016

952

mBank

2,402

Private

Customers

795 Small Business

Customers

291

Commerz Real

379

Comdirect

1,051

2015 2016

1,079

Private and Small Business Customers: continuous business growth

Revenues by division

(€m)

Operating result

(€m)

2016 1,963

Mittelstand

965

International

Corporates

329

EMC

572

Financial

Institutions

1,695

2015 2016

1,287

Corporate Clients: strong position in Mittelstand

Scenario: impact on net interest

income (€m)

500 - 550

900 – 1,000

Year 1 Year 4

Scenario: 100 bp. parallel up-shift in the

rates yield curve (%)

0 Y 2 Y 4 Y 6 Y 8 Y 10 – 15 Y

NII gross burden PC & MSB,

2015 and 2016 (€m)

~-500

0.5

1.5

2.0

0.0

-0.5

1.0

Potential for higher net interest income in case of rising interest rates

RWA development (B3 fully phased-in)

(€bn)

197 190

Regulatory capital development (CET 1 – B3 fully

phased-in) (%)

12.0 12.3

Q4 2015 Q4 2016 Q4 2015 Q4 2016

Lower RWA – CET 1 ratio increased to 12.3%

Objectives 2017

LLPs for PSBC and CC at 2016’s

levels

Implementation Strategy

CET 1 ratio of at least 12%

Cost base stable

LLP for ship finance at €450m-€600m

Simpler – faster – better Annual Press Conference 2017