Investor Presentaiton

Capital Markets Well prepared for debt-brake era • Sustainable budget surplus ahead of time • Since 2014 budget surplus split between debt redemption and reserve fund for investments (SIWA) • Gross funding at EUR 7,2bn in 2017 - decreasing in the future 1200 800 400 • Total debt as of Dec 31st, 2016 EUR 59.4bn -400 Senatsverwaltung für Finanzen | Investor Presentation April 2017 -800 -283 1159 -488 Senatsverwaltung be Berlin Budget surplus since 2012 (EUR mn) -434 -496 -1159 -205 -101 968- -1200 2011 2012 2013 2014 2015 debt repayment net new SIWA 2016 Seite 12

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