Ad-hoc disclosure

Changes to the Board of Managing Directors of DVB Bank SE

Frankfurt/Main, 5 August 2016 - DVB Bank SE (DVB) announces that on 30 November 2016, Bertrand Grabowski will step down from the Board of Managing Directors and leave DVB after reaching the age

of 60. On 1 December 2016, David Goring-Thomas, presently DVB's Industry Head Aviation Finance, will succeed Bertrand Grabowski as Board Member in charge of the Bank's Aviation Finance and Land Transport Finance business.

In addition, Christian Hagemeyer, currently Division Head of Credit Risk Management at Helaba Landesbank Hessen-Thüringen, will strengthen DVB's management team with effect from 1 April 2017, at the latest. He will be appointed to the Board of Managing Directors where he will be responsible for risk management. DVB's Board of Managing Directors will therefore expand from three to four members.

These appointments are subject to the customary approval by the regulatory authorities responsible.

Contact for this ad-hoc disclosure:

Elisabeth Winter

Head of Group Corporate Communications Managing Director

Phone: +49 69 9750 4329

E-mail: elisabeth.winter@dvbbank.com

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DVB Bank SE published this content on 05 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 August 2016 13:40:02 UTC.

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