Consensus Report

To the best of our knowledge, the following sell-side analysts cover DWS via written research on a regular basis:  
Broker Lead Analyst
1   AlphaValue Dieter Hein
2   Autonomous Angeliki Bairaktari
3   Bank of America Merrill Lynch Hubert Lam
4   Barclays 

Michael Sanderson

5   CIC Market Solutions 

Pierre Chedeville

6   Citi 

Nicholas Herman

7   Credit Suisse

Haley Tam

8   Exane BNP Paribas

Arnaud Giblat

9   Goldman Sachs

Oliver Carruthers

10   ING

Reg Watson

11   Jefferies

Tom Mills

12   Keefe, Bruyette & Woods

Isobel Hettrick

13   Kepler Cheuvreux

Jacques-Henri Gaulard

14   Metzler Jochen Schmitt
15   Morgan Stanley Bruce Hamilton
16   Morningstar

Alex Morozov

17   Oddo BHF

Roland Pfaender

18   Royal Bank of Canada

Mandeep Jagpal

19   Santander

Aurelia Faure

20   Société Générale Carlo Tommaselli
21  UBS

Michael Werner

Note: This list may not be complete and may change from time to time. We update the list periodically, but undertake no obligation to do so. Any opinions, estimates or forecasts made by these analysts DWS's performance are not opinions, forecasts or predictions of DWS or its management. By providing the list above, DWS does not imply its endorsement of or concurrence with such information, conclusions or recommendations. Copies of reports by any of the listed analysts must be obtained directly from the analysts or their firms. DWS does not distribute such reports.

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