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Deutsche Post DHL UBS Best of Germany Conference

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<strong>DHL</strong> Serves Structural Growth Markets<br />

<strong>DHL</strong> markets outgrow GDP<br />

1.5–2.0X<br />

Real GDP Real trade<br />

Continuous performance<br />

improvement<br />

Achieve benchmark / sector<br />

leading operating margins by 2015<br />

or earlier for each <strong>DHL</strong> unit<br />

Martin Ziegenbalg – New York, 14-15 September 2011 – <strong>UBS</strong> <strong>Best</strong> <strong>of</strong> <strong>Germany</strong> <strong>Conference</strong><br />

Target revenue CAGR. for 2010–2015:<br />

~ 7%<br />

Outgrowing underlying markets by 1–2% p.a.<br />

Driving double-digit EBIT CAGR in 2010–2015<br />

€ 1.45 bn<br />

Air ~ 6–8%<br />

Ocean ~ 7–8%<br />

EBIT CAGR<br />

13–15%<br />

~ 8–9%<br />

2010 2011 2012 2013 2014 2015<br />

<strong>Deutsche</strong> <strong>Post</strong> <strong>DHL</strong> | Page<br />

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