Effective July 1, 2014, Louise M. Parent was named a member of the Supervisory Board of Deutsche Bank AG. She succeeds Suzanne Labarge, who decided to step down from the Supervisory Board with effect from June 30, 2014. Suzanne Labarge had been on Deutsche Bank’s Supervisory Board since 2008. The appointment of Louise M. Parent is based on a proposal by the Supervisory Board’s Nomination Committee. In line with the recommendation of the German Corporate Governance Code she was appointed by the court as Suzanne Labarge’s successor for the period until the conclusion of the next ordinary General Meeting. Louise M. Parent was Executive Vice President and General Counsel at American Express from 1993 to 2013. As an attorney, she has more than thirty years of experience in the financial sector and legal field.