Deutsche Postbank Funding Trust I

Financial Report

For the period ended June 30, 2016

Wertpapierhandelsgesetz)

Management Report

Outlook

DEUTSCHE POSTBANK FUNDING TRUST I

Consolidated Financial Statements

UNAUDITED

June 30, 2016

DEUTSCHE POSTBANK FUNDING TRUST I

Consolidated Statement of Financial Condition

Period ended June 30, 2016

AssetsCash 14,891   Subordinated note receivable 300,027,000   Accrued interest receivable 147,188   

Total assets 300,189,079   

Liabilities, Preferred Securities Subject to Redemption, and Equity

Accrued interest payable 144,758   Accrued expense 15,660   

Total liabilities 160,418   

Preferred securities subject to redemption 300,000,000   

Consolidated Financial Statements

outstanding, 1 share 1,000   Retained earnings 1,661   

2,661   

Noncontrolling interest 26,000   Total equity 28,661   

Total liabilities, preferred securities subject to redemption, and equity 300,189,079   

See accompanying notes to consolidated financial statements.

2

DEUTSCHE POSTBANK FUNDING TRUST I

Consolidated Statement of Operations

Period January 1 - June 30, 2016

Interest income 1,262,172   Interest expense (1,247,063)  

Net interest income 15,109   

Noninterest expenses (300)  

Net income 14,809   

See accompanying notes to consolidated financial statements.

Consolidated Financial Statements

3

DEUTSCHE POSTBANK FUNDING TRUST I

Consolidated Statement of Changes in Equity

Period ended June 30, 2016

TotalCommon Retained stockholder’s Noncontrolling Total

stock earnings equity interest equity

Balance at December 31, 2015 1,000    (13,148)   (12,148)   26,000    13,852   

Net income/Loss Jan 1 - June 30, 2016 14,809    14,809    14,809   

Balance at June 30, 2016 1,000    1,661    2,661    26,000    28,661   

See accompanying notes to consolidated financial statements.

Consolidated Financial Statements

4

DEUTSCHE POSTBANK FUNDING TRUST I

Consolidated Statement of Cash Flows

Period ended June 30, 2016

Cash flows from operating activities:Net income 14,809   Adjustments to reconcile net income to net cash provided by operating activities:

Decrease in operating assets:Accrued interest receivable 66,948   

Increase (decrease) in operating liabilities:Accrued interest payable (66,942)  Accrued expenses (300)  

Net cash provided by operating activities 14,515   

Cash, beginning of year 376   

Cash, end of year 14,891   

Consolidated Financial Statements

Cash paid during the year for:

Interest 1,314,000   

See accompanying notes to consolidated financial statements.

5

DEUTSCHE POSTBANK FUNDING TRUST I

Notes to Consolidated Financial Statements

UNAUDITED

June 30, 2016

(1) Organization

(2) Summary of Significant Accounting Policies

DEUTSCHE POSTBANK FUNDING TRUST I

Notes to Consolidated Financial Statements

UNAUDITED

June 30, 2016

Consolidation

Distinguishing Liabilities from Equity

DEUTSCHE POSTBANK FUNDING TRUST I

Notes to Consolidated Financial Statements

UNAUDITED

June 30, 2016

Fair Value Measurement

(3) Preferred Securities Subject to Redemption

(4) Related-Party Transactions

DEUTSCHE POSTBANK FUNDING TRUST I

Notes to Consolidated Financial Statements

UNAUDITED

June 30, 2016

(5) Special Redemption Events

DEUTSCHE POSTBANK FUNDING TRUST I

Notes to Consolidated Financial Statements

UNAUDITED

June 30, 2016

DEUTSCHE POSTBANK FUNDING TRUST I

Notes to Consolidated Financial Statements

UNAUDITED

June 30, 2016

11

(6) Fair Value of Financial Instruments

June 30, 2016Carryingamount Fair value

(7) Subsequent Events