ABN AMRO and ODDO BHF to join forces - Seite 2

                                                                                                                
*The launch of the joint venture is subject to the approval of the supervisory and regulatory authorities.

ABN AMRO Press Office

Ariën Bikker

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About ODDO BHF

ODDO BHF is an independent Franco-German financial services group, with a history stretching back over 170 years. It was created from the alliance of a French family-owned business built up by five generations of stockbrokers and a German bank specializing in SMEs. The group has 2,300 employees (1,200 in Germany and 1,100 in France and Tunisia), and over € 110 billion in client assets under management. Based on its significant investment in market expertise, ODDO BHF operates in three main businesses: private banking, asset management and corporate and investment banking. The Group has a unique ownership structure as 65% of its capital is held by the Oddo family and 25% by employees. This partnership ethos guarantees the long-term commitment of its teams. In 2019, ODDO BHF generated net banking income of € 585 million and at 31 December 2019 the group had over € 890 million in shareholders' equity.

About ABN AMRO

ABN AMRO is a Dutch bank for retail, corporate and private banking clients, offering a full range of financial products and solutions. Our focus is on Northwest Europe. Our ambition is to be the best Dutch bank. Our purpose Banking for better, for generations to come guides us in delivering on our strategy, which is based on three pillars: support our clients’ transition to sustainability, reinvent the customer experience, and build a future-proof bank. Headquartered in Amsterdam, we serve around six million clients and employ just under 18,000 people. Please visit us at www.abnamro.com.

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• PR-partnership-UK160920