Consensus Report

Sell-Side Analysts

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   Citi 

Nicholas Herman

6   Exane BNP Paribas

Arnaud Giblat

7   Goldman Sachs 

Roberta De Luca

8   Independent Research

Jan Lennertz

9   ING

Reg Watson

10   Jefferies

Tom Mills

11   J.P. Morgan

Gurjit S Kambo

12   Keefe, Bruyette & Woods

Thomas Hallett

13   Kepler Cheuvreux

Jacques-Henri Gaulard

14   Metzler Jochen Schmitt
15   Morgan Stanley Bruce Hamilton
16   Morningstar

Johann Scholtz

17   Oddo BHF

Roland Pfaender

18   Royal Bank of Canaca

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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