As of November 9, 2018 (release of the results for the 3rd quarter of 2018)
1 Impact from US tax reform EUR ~ -0.1bn in 2017 and EUR ~ +0.3bn in 2018ff
2 Adjusted for OLB disposal
3 Based on average (EPS) and actual (DPS) number of shares
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Outlook 2018
Ambitious targets for 2018 in reach
As always, natural catastrophes and adverse developments in the capital markets, as well as factors stated in our cautionary note regarding forward-looking statements, may severely affect the results of our operations.