E X E C U T I V E B O A R D S



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EXECUTIVE BOARDS

Executive Boards Executive Boards HONORARY CHAIRMAN OF THE SUPERVISORY BOARD DR. MAXIMILIAN HACKL Former Spokesman of the Board of Managing Directors and Former Chairman of the Supervisory Board of Bayerische Krailling SUPERVISORY BOARD KURT F. VIERMETZ Former Vice Chairman J.P. Morgan & Co. Inc., New York, Rye and, Chairman HERBERT BETZ Baldham, Deputy Chairman DR. DIETHART BREIPOHL Member of the Supervisory Board and former member of the Board of Management of Allianz Aktiengesellschaft, Icking HEIDI DENNL VOLKER DOPPELFELD Chairman of the Supervisory Board of BMW AG and former member of the Board of Management of BMW AG, Münsing ERNST EIGNER Karlsfeld DR. RICHARD TRAUTNER Former member of the Board of Managing Directors of Bayerische Krailling, Deputy Chairman 111

HELMUT GROPPER Ministerialdirektor Deputy department head in the Königsbrunn KLAUS GRÜNEWALD Trade union secretary, Vereinte Dienstleistungsgewerkschaft e.v., Gröbenzell HEINZ-GEORG HARBAUER Deputy head of the Bavarian division of Vereinte Dienstleistungsgewerkschaft e.v., ANTON HOFER Nuremberg DR. EDGAR JANNOTT Former Chairman of the Managing Board and member of the Supervisory Board of ERGO Versicherungsgruppe AG, Kaarst MAX DIETRICH KLEY Deputy Chairman of the Board of Executive Directors of BASF AG, Ludwigshafen PETER KÖNIG HANNS-PETER KREUSER CHRISTOPH SCHMIDT Employee, Vereins- und Westbank Aktiengesellschaft, Schleswig JÜRGEN E. SCHREMPP Chairman of the Board of Management of DaimlerChrysler AG, Stuttgart DR. SIEGFRIED SELLITSCH Chairman of the Managing Board of Wiener Städtische Wechselseitige Versicherungsanstalt-Vermögensverwaltung, Vienna since January 17, 2001 PROFESSOR HANS-WERNER SINN President of the Ifo Institute for Economic Research, Gauting HELMUT WUNDER Waischenfeld SUPERVISORY BOARD COMMITTEES* EXECUTIVE COMMITTEE Kurt F. Viermetz BUSINESS DEVELOPMENT AND CREDIT COMMITTEE Kurt F. Viermetz, Chairman Dr. Diethart Breipohl Helmut Wunder AUDIT COMMITTEE Dr. Diethart Breipohl, Chairman Dr. Edgar Jannott Helmut Gropper Anton Hofer Peter König TRUST BUSINESS COMMITTEE Dr. Edgar Jannott, Chairman Christoph Schmidt Dr. Siegfried Sellitsch, since January 29, 2001 NEGOTIATING COMMITTEE Kurt F. Viermetz, Chairman Peter König * See also Report of the Supervisory Board 112

TRUSTEES Trustees for mortgage banking operations pursuant to Section 29 of the German Mortgage Banking Act DR. OTTO BEIERL Ministerialdirigent in the Deputies ERWIN HORAK Ministerialrat (retired) President of the State Lottery Administration, DR. ROLAND JÜPTNER Financial President of the Regional Revenue Office, ECKEHARD SCHMIDT Leitender Ministerialrat in the DR. KONRAD TAUBMANN Certified Public Accountant, until August 31, 2001 BOARD OF MANAGING DIRECTORS STEPHAN BUB since February 1, 2001 DR. EGBERT EISELE DR. STEFAN JENTZSCH since May 1, 2001 DR. NORBERT JUCHEM until January 31, 2002 DR. CLAUS NOLTING DIETER RAMPL GERHARD RANDA DR. EBERHARD RAUCH until December 31, 2001 DR. ALBRECHT SCHMIDT DR. STEPHAN SCHÜLLER until September 30, 2001 DR. PAUL SIEBERTZ DR. WOLFGANG SPRISSLER Executive Boards 113

FIRST EXECUTIVE MANAGEMENT LEVEL GERMANY SEGMENT Private Customers Burkhard Breiing Corporate Customers Michael Mendel Christoph Wetzel AUSTRIA/CEE SEGMENT Private Customers Austria Wolfgang Haller Corporate Customers Austria Karl Samstag CEE Dr. Erich Hampel Risk Management/CFO Franz Zwickl Friedrich Kadrnoska HVB REAL ESTATE SEGMENT Germany Dr. Claus Nolting International Georg Funke Risk Management Frank Lamby Theodor Knepper Workout Jürgen Cancik HVB CORPORATES & MARKETS SEGMENT Equities & Brokerage Service Jens-Peter Neumann FX/Fixed Income & CEE Wilhelm Hemetsberger Corporates Martin Rey Global Credits Stephan Bub Jochen-Michael Speek HVB WEALTH MANAGEMENT SEGMENT Customer Care Dr. Peter Ermann Asset Management Andreas Wölfer Hanns-Ulrich Hasse CORPORATE CENTER: SPOKESMAN UNITS Executive Office Gunter Ernst Corporate Development Dr. Markus Fell Corporate Communications Thomas Pfaff Group Investor Relations Stefan Ermisch Human Resources Management Dr. Paul Siebertz Legal Department Dr. Diether Münich CFO UNITS Accounting, Taxes and Controlling Dr. Michael Kemmer Auditing Herbert Nagler Projects and IT Controlling Dr. Hans-Gert Penzel CRO UNITS Chief Credit Risk Officer Dr. Stefan Schmittmann Chief Market Risk Officer Stephan Bub Risk Controlling André Horovitz SHARED SERVICES Reiner Zorbach CHIEF ECONOMIST Dr. Martin Hüfner as at February 15, 2002 EUROPEAN ADVISORY BOARD The function of the European Advisory Board set up in 2001 is to advise the Bank on important banking, economic and social developments in the individual regions where the HVB Group is active. The Board held two meetings last year. DR. THEO WAIGEL Member of the German Bundestag, former federal minister, Berlin, Chairman PROFESSOR RÜDIGER DORNBUSCH Massachusetts Institute of Technology, Cambridge, Massachusetts, USA DR. JOSEF JOFFE Publisher and Editor-in-Chief, Die Zeit, Hamburg PROFESSOR HENNING KAGERMANN CEO, SAP AG, Walldorf SUSANNE KLATTEN Chairman of the Board of Counsellors, Herbert Quandt Foundation, ALTANA AG, Bad Homburg FERDINAND LACINA Consultant to the Managing Board, Bank Austria AG, Vienna JANUSZ REITER President, Center for International Relations, Warsaw, Poland HUBERTUS SCHMOLDT President, Mining, Chemical and Energy Industrial Union, Hanover DR. GIUSEPPE VITA Chairman of the Supervisory Board, Schering AG, Berlin 114