Investor Presentaiton

O Senatsverwaltung für Finanzen Berlin 2012 Senatsverwaltung für Finanzen Consolidation process according to the "Stabilitätsratsgesetz" be-Berlin Stability Council Finance ministers of states and federal government, and federal minister of economy Determination of possible budget distress March 2012 Budget monitoring Evaluation Consolidation agreement with stability council ① reduction of net new borrowing 2 specification of consolidation measures ③ ongoing reporting Excess of threshold Budget indices financial deficit, net new borrowing, debt level, interest-tax relation Stability Report annually 2010 2020 Investor Presentation September 2012 | Page 10

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