Prospectus-Final (clean) - Malta Financial Services Authority

Summary in respect of FinanceFinance was incorporated on 30 October 1995 under the laws of The Netherlands as a privatecompany with limited liability for an unlimited duration. Finance is a 100% subsidiary of DeutscheTelekom AG. Finance has its corporate seat in Amsterdam and is registered with the Trade Register inAmsterdam under number 33274743. Its address is Herengracht 124-128, 1015 BT Amsterdam, TheNetherlands.Finance is the finance organisation of Deutsche Telekom Group and issues various notes in thecapital markets.Financial InformationThe financial statements of Finance as of and for the years ended 31 December 2010 and31 December 2011 have been prepared in accordance with the International Financial ReportingStandards ("IFRS") as adopted by the European Union (EU) and with Part 9 of Book 2 of The DutchCivil Code. The financial statements as of and for the period ended 31 December 2010 have beenaudited by Ernst & Young Accountants LLP. The financial statements as of and for the period ended31 December 2011 have been audited by PricewaterhouseCoopers Accountants N.V. An unqualifiedauditors' report has been issued in each case.Share CapitalAs of 31 December 2011, the authorised share capital of Finance consists of 5,000 shares at a parvalue of EUR 453.78 each. The issued share capital amounts to EUR 453,780 and consists of 1,000shares at a par value of EUR 453.78. The remaining 4,000 shares are unissued.15