Commerzbank Supervisory Board: Dr. Stefan Schmittmann to be proposed to the 2018 AGM as the successor to Supervisory Board Chairman Klaus-Peter Müller

Commerzbank Supervisory Board: Dr. Stefan Schmittmann to be proposed to the 2018 AGM as the successor to Supervisory Board Chairman Klaus-Peter Müller


Commerzbank Aktiengesellschaft  / Key word(s): Miscellaneous

07.09.2016 12:29

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The Supervisory Board intends to propose to the Annual General Meeting
(AGM) in May 2018 that Dr. Stefan Schmittmann be elected to the Supervisory
Board as a shareholder representative. The AGM shall also be notified that
Dr. Stefan Schmittmann will be put forward as candidate for the position of
Chairman of the Supervisory Board. Dr. Schmittmann stepped down from the
Bank's Board of Managing Directors at the end of 2015, and would therefore
observe the statutory cooling-off period of two years before joining the
Supervisory Board.


This release contains forward-looking statements. Forward-looking
statements are statements that are not historical facts. In this release,
these statements concern inter alia the expected future business of
Commerzbank, efficiency gains and expected synergies, expected growth
prospects and other opportunities for an increase in value of Commerzbank
as well as expected future financial results, restructuring costs and other
financial developments and information. These forward-looking statements
are based on the management's current plans, expectations, estimates and
projections. They are subject to a number of assumptions and involve known
and unknown risks, uncertainties and other factors that may cause actual
results and developments to differ materially from any future results and
developments expressed or implied by such forward-looking statements. Such
factors include the conditions in the financial markets in Germany, in
Europe, in the USA and other regions from which Commerzbank derives a
substantial portion of its revenues and in which Commerzbank holds a
substantial portion of its assets, the development of asset prices and
market volatility, especially due to the ongoing European debt crisis,
potential defaults of borrowers or trading counterparties, the
implementation of its strategic initiatives to improve its business model,
particularly to reduce its ACR portfolio, the reliability of its risk
management policies, procedures and methods, risks arising as a result of
regulatory change and other risks. Forward-looking statements therefore
speak only as of the date they are made. Commerzbank has no obligation to
update or release any revisions to the forward-looking statements contained
in this release to reflect events or circumstances after the date of this

Commerzbank AG
Group Communications
Tel.: +49 69 136 - 22830

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Language:     English
Company:      Commerzbank Aktiengesellschaft
              Kaiserstraße 16
              60311 Frankfurt am Main
Phone:        +49 (069) 136 20
Fax:          -
ISIN:         DE000CBK1001
WKN:          CBK100
Listed:       Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
              Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated
              Unofficial Market in Tradegate Exchange; London, SIX
End of Announcement                             DGAP News-Service