Geschäftsbericht 2015, englisch - Annex to Annual Financial Statements Pursuant to Art. 26a para. 1 Sentence 2 of the German Banking Act (KWG)

Annex to Annual Financial Statements münchener Hypothekenbank eg | annual report 2015 Münchener Hypothekenbank eG is a Pfandbrief Bank operating in the legal format of a registered cooperative. The Bank’s core areas of business are granting mortgage loans for residential and commercial property, as well as issuing Mortgage Pfandbriefe and Public Pfandbriefe. The Bank’s most important market is Germany. Furthermore, business relationships are also maintained with clients in other European countries, in particular. All of the Bank’s business is processed at its head office in Munich. The Bank does not main- tain any branch offices outside of Germany. Münchener Hypothekenbank eG defines its revenues as the sum of the following components of the Income Statement pursuant to the rules of the German Commercial Code (HGB): interest income, interest expenses, current income from participating interests and shares in cooperatives and investments in affiliated companies, in- come from profit-pooling, profit transfer or partial profit transfer agreements, commission received, commission paid and other op- erating income. Revenues for the period 1 January to 31 December 2015 were € 156,334 (thousand). for the period ending 31.12.2015 (“Country by country reporting”) The number of full-time equivalent salaried employees is 454.87. Pre-tax income amounts to € 47,935 (thousand). After taking taxes of € 25,696 (thousand) into account, net income totals 22,239 (thousand). Taxes refer to current taxes. Münchener Hypothekenbank eG did not receive any public assis- tance during the current business year. 82 Annex to Annual Financial Statements Pursuant to Art. 26a para. 1 Sentence 2 of the German Banking Act (KWG)

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