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<strong>Deutsche</strong> <strong>Bank</strong><br />

<strong>Annual</strong> Review 2010<br />

<strong>Report</strong> of the Supervisory Board<br />

Today, we approved the <strong>Annual</strong> Financial Statements and Consolidated Financial<br />

Statements prepared by the Management Board; the <strong>Annual</strong> Financial Statements<br />

are thus established. We agree to the Management Board’s proposal for the appropriation<br />

of profi ts.<br />

Personnel Issues<br />

With eff ect from the end of September 30, 2010, Mr. Cohrs retired from the Management<br />

Board. His functional responsibilities were assumed by Mr. Jain in addition<br />

to his existing tasks.<br />

There were changes in the composition of the Supervisory Board. Mr. Wunderlich<br />

was a member of the Supervisory Board until June 30, 2010. He was replaced for the<br />

remainder of his term of offi ce by Mr. Kazmierczak. Ms. Förster was a member of<br />

the Supervisory Board until July 31, 2010. She was replaced for the remainder of her<br />

term of offi ce by Mr. Viertel.<br />

We thank the members who left last year for their dedicated work on the Supervisory<br />

Board and for their constructive assistance to the company and the Management<br />

Board in recent years.<br />

The Supervisory Board<br />

Dr. Clemens Börsig<br />

Chairman<br />

Frankfurt am Main, March 11, 2011<br />

17

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