Disclosures according to Pfandbriefgesetz as of 09-30-2021

Disclosures according to Pfandbriefgesetz

Mortgage Pfandbriefe

Art. 28 (1) No. 1, 2, 3 PfandBG | €m		30.09.2021			30.09.2020
			Risk-adjusted			Risk-adjusted
Cover calculation mortgage	Nominal	Net present	net present	Nominal	Net present	net present
Pfandbriefe	value	value	value1	value	value	value1
Liabilities to be covered	21,862.7	22,886.3	22,078.2	20,408.9	21,821.2	20,688.2
of which Pfandbriefe outstanding	21,862.7	22,886.3	22,078.2	20,408.9	21,821.2	20,688.2
of which derivatives	-	-	-	-	-	-
Cover assets	35,918.1	39,043.9	37,098.5	32,614.8	36,368.5	34,203.7
of which cover loans	34,887.5	37,867.3	35,982.0	31,620.8	35,204.3	33,108.3
of which cover assets Art. 19 (1)
No. 1, 2, 3 PfandBG	1,030.6	1,176.6	1,116.5	993.9	1,164.2	1,095.4
of which derivatives	-	-	-	-	-	-
Risk-adjusted net present value after
interest rate stress test			15,020.3			13,515.5
Loss from currency stress test			-			-
Cover surplus	14,055.4	16,157.6	15,020.3	12,205.9	14,547.3	13,515.5

• Risk-adjustednet present value including currency stress test.

Art. 28 (1) no. 2 PfandBG | €m	30.09.2021	30.09.2020
Mortgage Pfandbriefe outstanding with a residual term of
up to 6 months	1,149.2	812.9
over 6 months up to 12 months	2,622.0	630.5
over 12 months up to 18 months	1,198.0	1,147.0
over 18 months up to 2 years	1,110.0	2,622.0
over 2 years up to 3 years	2,883.5	2,308.0
over 3 years up to 4 years	3,341.0	2,888.5
over 4 years up to 5 years	3,321.5	2,341.0
over 5 years up to 10 years	4,826.5	6,248.0
over 10 years	1,411.0	1,411.0
Total	21,862.7	20,408.9
Cover assets mortgage Pfandbriefe with a residual fixed interest period of
up to 6 months	949.1	836.3
over 6 months up to 12 months	1,358.4	1,133.4
over 12 months up to 18 months	1,362.6	1,010.8
over 18 months up to 2 years	1,842.6	1,411.9
over 2 years up to 3 years	3,876.0	3,352.2
over 3 years up to 4 years	3,846.0	3,840.7
over 4 years up to 5 years	4,189.0	3,639.0
over 5 years up to 10 years	15,920.1	15,184.6
over 10 years	2,574.3	2,205.8
Total	35,918.1	32,614.8

Commerzbank Aktiengesellschaft | Disclosures Art. 28 Pfandbriefgesetz

30 September 2021 | Page 2

Art. 28 (1) no. 4, 5, 6 PfandBG

Other cover assets | €m

30.09.202130.09.2020

Equalisation claims as defined by Art. 19 (1) no. 1 Pfandbriefgesetz

Germany			-		-
Total			-		-
Loans as defined by Art. 19 (1) no. 2 Pfandbriefgesetz
Germany			-		-
of which covered bonds as defined by Art. 129 of EU Regulation 575/2013		-		-
Total			-		-
Loans as defined by Art. 19 (1) no. 3 Pfandbriefgesetz
Germany			490.0		490.0
Italy			341.6		344.9
Austria			109.0		69.0
Spain			90.0		90.0
Total			1,030.6		993.9
Total			1,030.6		993.9
Art. 28 (2) no. 1 a PfandBG
Size categories | €m			30.09.2021		30.09.2020
Up to €0.3m			26,652.4		24,304.9
over €0.3m up to €1m			6,238.9		5,558.4
over €1m up to €10m			1,133.1		1,079.7
over €10m			863.1		677.9
Total			34,887.5		31,620.8
Art. 28 (2) no. 1 b and c PfandBG
Mortgage Pfandbriefe by country and type of use
€m		30.09.2021		30.09.2020
Germany		Commercial	Residential	Commercial	Residential
Flats		-	9,687.5	-	8,602.4
Single family house		-	20,566.6	-	18,680.0
Multi-dwellings		-	3,818.2	-	3,545.3
Office buildings		635.2	-	454.1		-
Retail buildings		155.3	-	187.9		-
Industrial buildings		0.2	-	0.2		-
Other commercially used real estate		24.4	-	150.8		-
Unfinished new buildings not yet generating
income		-	0.0	-	0.1
Building sites		-	-	-	-
Total		815.1	34,072.4	793.0		30,827.9
Art. 28 (1) no. 10 PfandBG
Foreign currency | €m			30.09.2021		30.09.2020
Net present value			-		-

Commerzbank Aktiengesellschaft | Disclosures Art. 28 Pfandbriefgesetz

30 September 2021 | Page 3

Art. 28 (1) no. 9 PfandBG
Interest structure | %	30.09.2021	30.09.2020
Share of fixed-income cover assets	98.4	98.7
Share of fixed-income Pfandbriefe	77.1	89.7
Art. 28 (1) no. 8 PfandBG
Limit breaches | €m	30.09.2021	30.09.2020
Total amount of loans that exceed the limits defined by Art. 13 (1) PfandBG	-	-
Total amount of loans that exceed the limits defined by Art. 19 (1) PfandBG	-	-
Art. 28 (1) no. 11 PfandBG
Other structural data	30.09.2021	30.09.2020
Average age of the loans weighted by value, in years (seasoning)	4.8	4.7
Average weighted loan-to-value ratio in %	52.3	52.6
Art. 28 (2) no. 2 PfandBG
Payments in arrear Germany | €m	30.09.2021	30.09.2020
Total payments overdue by at least 90 days	-	-
Total amount of interest in arrears	-	-
Total amount of these receivables where the arrears represent at least 5% of the receivable
concerned	-	-

Commerzbank Aktiengesellschaft | Disclosures Art. 28 Pfandbriefgesetz

30 September 2021 | Page 4

Public Pfandbriefe

Art. 28 (1) no. 1 and 3 PfandBG | €m			30.09.2021				30.09.2020
				Risk-adjusted					Risk-adjusted
Cover calculation public		Nominal	Net present	net present		Nominal	Net present	net present
Pfandbriefe		value	value	value1		value	value	value1
Liabilities to be covered		12,123.5	14,196.3	13,642.5	11,436.4	13,984.2	13,278.4
of which Pfandbriefe outstanding		12,123.5	14,196.3	13,642.5	11,436.4	13,984.2	13,278.4
of which derivatives		-	-	-		-		-	-
Cover assets		13,576.2	17,316.6	15,141.7	12,556.7	17,465.8	15,178.0
of which loans for export finance		2,370.4	2,487.3	2,414.6	2,149.3	2,272.6	2,205.4
of which cover assets Art. 20 (1)
PfandBG		13,502.7	17,225.1	15,054.6	12,481.6	17,367.4	15,085.3
of which cover assets Art. 20 (2)
PfandBG		73.5	91.5	87.1	75.2	98.4	92.7
of which derivatives		-	-	-		-		-	-
Risk-adjusted net present value after
interest rate stress test				1,847.7					2,461.3
Loss from currency stress test				-348.5					-561.6
Cover surplus		1,452.6	3,120.3	1,499.2	1,120.4	3,481.6	1,899.7
1 Risk-adjusted net present value including currency stress test.
Art. 28 (1) no. 2 PfandBG | €m						30.09.2021		30.09.2020
Public Pfandbriefe outstanding with a residual term of
up to 6 months						210.9		246.9
over 6 months up to 12 months						228.0		82.0
over 12 months up to 18 months						3,035.0		206.9
over 18 months up to 2 years						214.1		228.0
over 2 years up to 3 years						1,572.8		3,247.7
over 3 years up to 4 years						2,512.7		1,572.8
over 4 years up to 5 years						1,430.8		2,522.7
over 5 years up to 10 years						1,322.6		1,462.3
over 10 years						1,596.7		1,867.0
Total						12,123.5		11,436.4
Cover assets public Pfandbriefe with a residual fixed interest period of
up to 6 months						512.8		896.8
over 6 months up to 12 months						795.0		405.1
over 12 months up to 18 months						459.6		391.0
over 18 months up to 2 years						519.1		596.8
over 2 years up to 3 years						1,123.8		868.1
over 3 years up to 4 years						979.8		988.9
over 4 years up to 5 years						947.0		751.3
over 5 years up to 10 years						3,532.4		3,318.8
over 10 years						4,706.6		4,340.0
Total						13,576.2		12,556.7

Commerzbank Aktiengesellschaft | Disclosures Art. 28 Pfandbriefgesetz

30 September 2021 | Page 5

Art. 28 (1) no. 4 and 5 PfandBG
Other cover assets | €m	30.09.2021	30.09.2020
Equalisation claims as defined by Art. 20 (2) no. 1 Pfandbriefgesetz
Germany	-	-
Total	-	-
Loans as defined by Art. 20 (2) no. 2 Pfandbriefgesetz
Germany	73.5	75.2
of which covered bonds as defined by Art. 129 of EU Regulation 575/2013	-	-
Total	73.5	75.2
Total	73.5	75.2
Art. 28 (3) no.1 PfandBG
Size categories | €m	30.09.2021	30.09.2020
up to €10m	868.5	600.0
over €10m up to €100m	4,115.8	3,643.8
over €100m	8,518.5	8,237.8
Total	13,502.7	12,481.6
Art. 28 (1) no. 10 PfandBG
Foreign currency | €m	30.09.2021	30.09.2020
Net present value in Swiss francs	467.2	578.9
Net present value in British pounds	2,424.0	3,203.5
Net present value in Australian dollars	-	8.5
Net present value in US dollars	1,111.9	940.4
Art. 28 (1) no. 9 PfandBG
Interest structure | %	30.09.2021	30.09.2020
Share of fixed-income cover assets	72.1	72.3
Share of fixed-income Pfandbriefe	39.9	44.5
Art. 28 (1) no. 8 PfandBG
Limit breaches | €m	30.09.2021	30.09.2020
Total amount of loans that exceed the limits defined by Art. 20 (2) PfandBG	-	-
Art. 28 (3) no. 3 PfandBG
Payments in arrear | €m	30.09.2021	30.09.2020
Total payments overdue by at least 90 days	-	-
Total amount of these receivables where the arrears represent at least
5% of the receivable concerned	-	-