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   Commerzbank

Michael Haid

7   Credit Suisse International

Haley Tam

8   Exane BNP Paribas 

Arnaud Giblat

9   Goldman Sachs

Roberta De Luca

10   Independent Research

Jan Lennertz

11   ING

Reg Watson

12   Jefferies

Tom Mills

13   J.P. Morgan

Gurjit S Kambo

14   Keefe, Bruyette & Woods

Thomas Hallett

15   Kepler Cheuvreux Jacques-Henri Gaulard
16   Metzler Jochen Schmitt
17   Morgan Stanley

Bruce Hamilton

18   Morningstar

Johann Scholtz

19   Oddo BHF

Roland Pfaender

20   Royal Bank of Canada

Mandeep Jagpal

21   Santander Aurelia Faure
22  Société Générale

Carlo Tommaselli

23   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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