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Commerzbank Aktiengesellschaft: Invitation to virtual Annual General Meeting of Commerzbank on 18 May 2021

DGAP-News: Commerzbank Aktiengesellschaft / Key word(s): AGM/EGM Commerzbank Aktiengesellschaft: Invitation to virtual Annual General Meeting of Commerzbank on 18 May 2021 09.04.2021 / 15:03 The issuer is solely responsible for the content of this announcement. - Enhanced interactive exchange with shareholders planned

- Election of a new auditor and new election of five members of the Supervisory Board on agenda

Commerzbank AG invites its shareholders to its regular Annual General Meeting (AGM) on Tuesday 18 May 2021. Due to the ongoing coronavirus pandemic, the event will once again take place virtually without the physical presence of the shareholders or their proxies. The AGM will be transmitted live online beginning at 10 am. Shareholder voting rights can be exercised exclusively by way of absentee ballot or by granting proxy to the voting right representative of the company.

"Dialogue with our owners is very important to us. Despite the restrictions of a virtual event in times of a pandemic, we have expanded the way we communicate to offer an enhanced interactive exchange with our shareholders, going beyond the legal requirements", said Manfred Knof, Chairman of the Board of Managing Directors of Commerzbank.

Shareholders may submit their questions via an online electronic system (Investor Portal) by the end of 16 May 2021. Those shareholders who have submitted questions in due time before the event will also be given the opportunity for follow up questions during the AGM via the portal. Shareholders may also submit written statements or short video messages by the end of 15 May 2021 which will be made available on the Investor Portal. These messages may also be broadcast during the AGM. In order to give shareholders the possibility to comment on the speech by the Chairman of the Board of Managing Directors, the manuscript will be made available online from 12 May 2021.

Of particular note are the following additional items to the agenda:

Election of the auditor (item 4-5)
For the final time, the Supervisory Board proposes that EY be elected as the auditor for the annual financial statements for the financial year 2021 (item 4). For 2022, Commerzbank plans to change its auditor. A selection process was carried out in accordance with the requirements of EU Regulation. KPMG has emerged as the preferred auditor. The change is due to be implemented in two steps: Initially, the general shareholders' meeting 2021 is due to elect KPMG as the new auditor for their audit review of any interim financial information for periods after 31 December 2021 and prior to the AGM in the year 2022 (item 5). The AGM in 2022 is then due to also elect KPMG as the new auditor of the financial statements for the entire financial year 2022.