Ad hoc announcement acc. to Article 17 MAR of the Regulation (EU) No 596/2014

The chairman of the supervisory board of Deutsche Hypothekenbank (Actien-Gesellschaft), Mr. Thomas Bürkle, and the member of the management board of the company, Mrs. Sabine Barthauer, will now commence negotiations regarding the upcoming change from Mrs. Barthauer to DZ Hyp AG in view of a possible premature termination of Ms. Barthauer board position. The supervisory board of Deutsche Hypothekenbank (Actien-Gesellschaft) has not yet discussed and decided on this matter.