Customer Information

Open Letter by the Board of Managing Directors

Bremen/Oldenburg June 2016

Dear Ladies and Gentlemen,

Our Bank is going through troubled waters these days which surely makes many of you feel uncomfortable. As we understand this very well, we would like to take this opportunity to inform you about the present situation.

We used the last days to provide clarity. The most important result is: All parties concerned agree that Bremer Landesbank will preserve  its independent market approach as a Bank and as valuable member of the NORD/LB group. Our shareholders reached an agreement to strengthen the capital of Bremer Landesbank appropriately. This is an important signal for the stability of our Bank. The present shareholders will decide on the future role of the State of Bremen within this year.

It is furthermore definite that all already agreed transactions with our customers and project partners will remain unaffected and continue as scheduled. The change of the shareholder structure will have no implications for you as our customers. We will remain present in the market with our branches in Bremen and Oldenburg as well as our new corporate identity and brand name BLB. We will carry on with all transactions as agreed and will also proceed with new business as scheduled. Please allow us the following remark: Our approximately 1,000 employees are united and fully committed to Bremer Landesbank. From our perspective, this is another proof of the Bank’s stability.

We hope that we could hereby answer your current questions. Otherwise, please do not hesitate to contact us for further clarifications.

We would appreciate it if you would also support us in future.

Kind regards

Dr. Stephan-Andreas Kaulvers

Heinrich Engelken

Dr. Guido Brune

Björn Nullmeyer