Deutsche Bank AG ensures, except in the case of political risk, that the following companies are able to meet their contractual liabilities:
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DB Investments (GB) Limited, London Deutsche Asset Management International GmbH, Frankfurt am Main Deutsche Asset Management Investmentgesellschaft mbH vormals DEGEF Deutsche Gesellschaft für Fondsverwaltung mbH, Frankfurt am Main Deutsche Australia Limited, Sydney Deutsche Bank Americas Holding Corp., New York/ USA Deutsche Bank Luxembourg S.A., Luxembourg Deutsche Bank (Malaysia) Berhad, Kuala Lumpur Deutsche Bank Polska S.A., Warsaw Deutsche Bank (Portugal), S.A., Lisbon Deutsche Bank Rt., Budapest Deutsche Bank S.A., Buenos Aires Deutsche Bank S.A. – Banco Alemão, São Paulo |
Deutsche Bank S.A./ N.V., Brussels Deutsche Bank, Sociedad Anónima Española, Barcelona Deutsche Bank Società per Azioni, Milan Deutsche Bank (Suisse) S.A., Geneva Deutsche Futures Singapore Pte Ltd., Singapore Deutsche Morgan Grenfell Group plc, London Deutsche Securities Asia Limited, Hong Kong Deutsche Securities Limited, Hong Kong DWS Holding & Service GmbH, Frankfurt am Main DWS Investment GmbH, Frankfurt am Main DWS Investment S.A., Luxembourg OOO Deutsche Bank, Moscow Schiffshypothekenbank zu Lübeck Aktiengesellschaft, Hamburg |
1 Companies with which a profit and loss transfer agreement exists are marked in the List of shareholdings.

