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ducer Christopher Jahns President and Chief Executive Officer EBS University Germany Anshu Jain Member of the Management Board and Head of the Corporate and Deutsche Bank AG United Kingdom Investment Bank Dipak C. Jain Dean Designate INSEAD France Hans-J0rgen Jakobs Head of Economic and Finan
st and President Britto Central USA Jeffrey D. Brody Founding Partner Redpoint Ventures USA Beth A. Brooke Global Vice-Chair, Public Policy, Sustainability and Stakeholder Emst & Young USA Engagement David Brooks Op-Ed Columnist The New York Times USA Rebekah Brooks Chief Executive Officer News
ducer Christopher Jahns President and Chief Executive Officer EBS University Germany Anshu Jain Member of the Management Board and Head of the Corporate and Deutsche Bank AG United Kingdom Investment Bank Dipak C. Jain Dean Designate INSEAD France Hans-J0rgen Jakobs Head of Economic and Finan
st and President Britto Central USA Jeffrey D. Brody Founding Partner Redpoint Ventures USA Beth A. Brooke Global Vice-Chair, Public Policy, Sustainability and Stakeholder Emst & Young USA Engagement David Brooks Op-Ed Columnist The New York Times USA Rebekah Brooks Chief Executive Officer News
ordani Brian Cornell Francesca ComeIli Delos M. (Toby) Cosgrove John G. Coumantaros Jean-Philippe Courtois Ertharin Cousin Chief Executive, Corporate, Investment Banking and Wealth Management, Africa Professor of Economics, Department of Economics Director Managing Partner and Member of the G
Chairman of the Executive Committee Senior Adviser to the Chairman Chairman of the Executive Board Deputy Prime Minister of Laos Group Executive, Sustainability Columnist and Senior Reporter Columnist Jacob H. Schiff Professor of Investment Banking Chair of the Board. President and Chief Executive Offic
slightly lower than in the previous year. Earnings in the Services segment were higher than in the previous year. The adjusted EBITDA reported by Corporate, other operations, including consoli- dation, was —E338 million. This includes, among others, expenses for the Corporate Center and strategic resear
liance management system and the corresponding areas of focus and action taken in the year under review can be found in the Sustainability Report.' Sustainability Report 2014 (the Sustainability Report 2015 will be published in May 2O16). EFTA00598695 • TO OUR SHAREHOLDERS - MANAGEMENT REPORT CONSOLIDATED
Entities connected to both Corporate and Sustainability

Jeffrey Epstein
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Samantha Power
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Michael Douglas
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Middle East
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Julie K. Brown
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Prince Charles
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Lawrence Krauss
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United States
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George W. Bush
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United Kingdom
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Bulgaria
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Marc Rich
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Woody Allen
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Prince Andrew
PERSONPomona Capital
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Donald Trump
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Virginia Giuffre
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New York
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Eric Trump
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