COMMERZBANK - EQUITY MARKETS & COMMODITIES (EMC) BUSINESS

Commerzbank - Equity Markets & Commodities (EMC) business is an attractive and value-generating business. Commerzbank’s EMC business comprises the Bank’s manufacturing and market making of flow and structured trading and investment products as well as its established exchange-traded funds (ETF) brand, Comstage, and its associated leading ETF market making platform.