We have detected that fraudulent individuals are misusing the "DWS" trademark and the names of DWS employees on the internet and social media. These fraudsters are operating fake websites, Facebook pages, and WhatsApp groups. Please be aware that DWS does not have any Facebook Ambassador profiles or WhatsApp chats. If you receive any unexpected calls, messages, or emails claiming to be from DWS, exercise caution and do not make any payments or disclose personal information. We encourage you to report any suspicious activity to info@dws.com, including any relevant documents and the original fraudulent email. Additionally, if you believe you have been a victim of fraud, please notify your local authorities and take steps to protect yourself.

Oliver Behrens

Chairman, independent shareholders’ representative

Biography

Year of birth: 1963
Nationality: German

Place of residence: Frankfurt/Main, Germany

Year of first appointment to the Supervisory Board: 2024
End of current appointment to the Supervisory Board: 2027

Education

1990 – 1992	Business administration, Degree: Diplom-Kaufmann, University Tübingen, Germany
1987 – 1990	Business administration, Degree: Intermediate Diploma, Distance-Learning University (“Fernuniversität“) Hagen, Germany
1985 – 1986	Compulsory military service, German Armed Forces, Bad Bergzabern and Münchweiler, Germany
1982 – 1984	Banking apprenticeship, Chamber of Commerce Pirmasens, Germany

Professional career

Since 10/2024	Chief Executive Officer (CEO) flatexDEGIRO AG, Chief Executive Officer (CEO) flatexDEGIRO Bank AG, Frankfurt/Main, Germany
2021 – 06/2024	Member of the Board, Morgan Stanley International Limited, London, UK
2017 – 06/2024	Chief Executive Officer (CEO), Morgan Stanley Europe Holding SE, Morgan Stanley Europe SE, Frankfurt/Main, Germany
2015 – 06/2024	Chief Executive Officer (CEO), Country Head Germany and Austria, Morgan Stanley Bank AG, Frankfurt/Main, Germany
2012 – 2014	Deputy Chief Executive Officer (CEO) Giro Centre, DekaBank, Frankfurt/Main, Germany
2011 – 2014	Member of the Board for capital market business and commercial transaction, DekaBank, Frankfurt/Main, Germany
2007 – 2014	Member of the Board for fund business of Deka Investment and locations Switzerland and Luxembourg, DekaBank, Frankfurt/Main, Germany
2006 – 2006	Chief Representative Giro Centre, DekaBank, Frankfurt/Main, Germany
2004 – 2005	Spokesman of the Management Board, global responsibility for structured and money market funds, Deutsche Asset Management Investment GmbH, Frankfurt/Main, Germany
2003 – 2005	Spokesman of the Management Board (since 01/2004), before Deputy Spokesman of the Management Board Deutsche Asset Management International GmbH, Frankfurt/Main, Germany
2001 – 2005	Managing Director, DWS Finanzservice GmbH, Frankfurt/Main, Germany
2000 – 2005	Managing Director, Deutsche Asset Management Luxemburg S.A., Luxembourg
1999 – 2005	Regional Responsibility Benelux, Deutsche Bank Luxemburg S.A., Luxembourg
1998 – 2005	Member of the Board of Directors, DWS Investment S.A., Luxembourg
1996 – 1998	Managing Director, Deutsche Bank Fund Management Ltd., Singapore
1992 – 1995	Investment Fund Manager, DWS GmbH, Frankfurt/Main, Germany
1990 – 1992	Assistant to the Branch Manager, Investment Advisory, Deutsche Bank AG, Tübingen, Germany
1987 – 1990	Securities Dealer Stock Exchange Division, Deutsche Bank AG, Branch Mannheim, Germany
1984 – 1987	Investment Advisor, Deutsche Bank AG, Branch Pirmasens, Germany

Principal occupation

Chief Executive Officer, flatexDEGIRO AG
Chief Executive Officer, flatexDEGIRO Bank AG

Other supervisory board positions and directorships outside DWS Group

Chief Executive Officer of flatexDEGIRO AG and Chief Executive Officer of flatexDEGIRO Bank AG (since 1 October 2024)