#18-487 Listing of Knock out warrants issued by Commerzbank AG

As from March 21, 2018, 20 Knock out warrants issued by Commerzbank AG will be listed on ETP Denmark and will be included on the list for Knock-Outs. The instruments will be registered at VP SECURITIES A/S.

Issuer: Commerzbank AG

Type of security: Knock out warrants, open ended

Execution: Automatic cash settlement

Term: As from March 21, 2018 and forward or until time for knock out event

Market Maker: Commerzbank AG

Underlying:

Danske Bank A/S

DSV A/S

Genmab

ISS

Novo Nordisk

Pandora AS

Vestas Wind Systems A/S

Current values of strike and barrier can be found at:

[ NGM Market Data Web - KnockOutWarrants ]

www.warrants.commerzbank.com

For more details see attached file.

For further information concerning this NGM notice please contact:

Listing on +46 8 566 390 20 or at listings@ngm.se

Nordic Growth Market NGM AB

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