Investor Presentaiton

Holdings of DSLS (€ bn) 180 160 140 120 100 80 60 40 40 20 20 250 Other 200 Dutch Central Bank (DNB) 150 Insurers Pension funds and 100 investment funds Banks 50 0 0 2014Q4 2015Q1 2015Q2 2015Q3 2015Q4 2016Q1 2016Q2 2016Q3 2016Q4 Source: DNB, April 2017 26 Foreign investors (RHS) Investor presentation Mexico City

View entire presentation