”DB2020 – Our compass, even in challenging times“Interim Results Press Conference 2013

Deutsche Bahn AG

DB Mobility Logistics AG

Berlin, July 25, 2013

Flood-of-a-century causes severe burden –DB Family shows broad willingness to help

1 As of July 17, 2013DB AG | DB ML AG 2

High-speed lineBerlin-Hanover

Bridge near Prien, Chiemsee

Upper Elbe valley(Station forecourt, Pirna)

Upper Elbe valley(securing ESTW, Pirna)

Examples of 2013 flood damages Damages to date1

Approx. 32,700 trains affected and approx. 414,000 minutes of delay

Total damages for DB: more than € 200 million

Substantial damages incurred, especially toinfrastructure; subsequent damages can only bedetermined after flood waters recede

DB Family assistance

Employees showed great willingness to help

Flexible working hours approved for personallyaffected employees and voluntary helpers

Various assistance projects and donationstotalling more than € 1.2 million

20132012

Rail passenger transport posts slight improvement –Rail freight transport affected by weaker economy

1. HJ 1. HJ

54,003 51,627

2012 2013

1 H

-4.4%

105,894

2013

DB AG | DB ML AG 3

1 Incl. DB Arriva

Passengersin millions

1 H 1 H

88,432

+0.9%

42,660 43,047

Rail freight transportRail passenger transport

Volumes sold rail DB Groupin millions of passenger kilometers (pkm)1

Volumes sold rail DB Groupin millions of ton kilometers (tkm)

1 H

981 991+10

First half 2013 revenues at same year-ago level –earnings below previous year due to numerous reasons

Revenues DB Group1

in € millionEBIT DB Group1

in € million

1 Revenues/EBIT adjusted for special itemsDB AG | DB ML AG 4

Reasons (examples): Negative economic development Higher factor costs (energy, personnel) Influence of floods/bad weather Insufficient number of available trains Increased maintenance expenses Intensified regulation

39,296

19,492 19,373

2012 2013

-0.6%

2013

1 H 1 H

2,708

1,3211,018

2012 2013

-22.9%

2013

1 H 1 H

ROCE 8.1% 6.1%

37,357

17,721 17,754

2012 2013

Slight increase for rail passenger long-distance transport,while bus transport declines futher due to demographic changes

1 Incl. DB Arriva2 Excl. DB Arriva

+0.2%

1 H 1. HJ 1. HJ

8,421

4,391 4,261

2012 2013

-3.0%

1 H 1 H

2013 20122012 2013

DB AG | DB ML AG 5

51,076

24,939 25,294

2013

+1.4%

Long-distance rail transportin millions of pkm

Regional/Urban transportrail in millions of pkm1

Bus transportin millions of pkm2

Reasons (examples): Number of school

children continues to fall Increasing

urbanization

1 H 1 H 1 H

95,325

47,759 47,276

2012 2013

Economically driven declines noted in land transport, air- andocean freight businesses – contract logistics expands

-1.0%

1 H

1,095

537 526

2012 2013

-2.0%

1 H 1 H

1,905

926 911

2012 2013

-1.6%

1 H 1 H

1,750

830 887

2012 2013

+6.9%

1 H 1 H

2013 2013 201220132013

1 H

DB AG | DB ML AG 6

Ocean freightin thousand TEU1.2

Contract logisticsin € million

Land transportThousands of shipments

Air freightin thousand t1

1 Only exports taken into consideration to avoid counting figures twice2 TEU = Twenty-foot Equivalent Unit

Customer satisfaction and quality continue to rise

Master agreement signed withBombardier for delivery of up to 450 E-locomotives(order value: € 1.5 billion)

Master agreement extended withEvoBus and Iveco Bus until 2014(order volume > 300 buses)

Investments in vehicle fleet

Procurement of high-performance rail grinding machinery (€ 40 million)

Modernized stations (e.g. Münster and Marburg) start operations

Modernization of infrastructure

Video surveillance expanded foreven more security (€ 40 million)

Successful measures taken tocombat graffiti and theft of non-ferrous metals

Safety and service

DB AG | DB ML AG 7

Economics | Profitable market leaderCustomer and quality

Examples

Shrinking seating capacity due to shortage of vehiclesmakes it difficult to meet higher demand in long-distance transport

DB AG | DB ML AG 8

Demand and seating capacity since 2003index, 2003=100

Examples of measures against vehicle shortages

Since 2003 more than 20% growth in long-distancetransport, while seating capacity has declined

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

110

105

100

95

0

125

120

115

Seat kilometers

Demand (pkm)

16 new ICE 3 (BR 407)‒ delivery delayed by

more than 2 years‒ Invest: € 500 million

27 new double-deck trains‒ delivery delayed by at

least 9 months‒ Invest: € 360 million

More than 770 IC wagons‒ Currently 250 modernized

IC wagons in use‒ Invest: > € 100 million

+23%

-1%

Rail freight transport successes

European Passenger Transport and Transport & Logisticsstrengthened i.a. by acquisitions and re-wins of tenders

DB Arriva acquires Veolia Trans-dev’s Eastern European business

IC buses expanded to complementlong-distance transport network

DB wins tender to operate Hamburg S-Bahn system (12.7 million trainkm)

Approval received to travel throughEurotunnel

Lead logistics provider for Vestasthroughout all of Europe

Expansion of network throughalliances, acquisitions and newterminals (e.g. in Japan, Switzerland, Panama, Finland and China)

Joint Venture with Etihad Rail in theUnited Arab Emirates

New Germany-Turkey offer, “Bosporus Shuttle“ (as of 09/2013)

Order received to transport 500,000 tons of paper per year forScandFibre Logistics

Expand Eur. passenger transport Further development of logistics

DB AG | DB ML AG 9

Economics | Profitable market leaderProfitable growth

Examples

Recruiting new personnel

DB making successful progress towards becoming Top employer

DB AG | DB ML AG 10

Social commitmentCorporate culture & education

Employee survey: over 10,000 follow-up activities, 7,800 of them in GER

Start new DB Masters program(7 work/study courses)

German Education Award

4,000 new apprentices and work/study students as of 1.9./1.10.2013

Job applications rose by 40% following successful recruitingcampaign

Notable increase in employer imagerankings (among economists andengineers)

Social | Top employerCultural change/employee satisfaction

Examples

About 90 projects of “DB apprenti-ces against Hatred and Violence" submitted

DB foundation established to bundlecharitable activities(Patron: Christina Rau)

Over € 1.2 million providedto DB employees affectedby floods

Retrofiting freight cars with LL blocks started, expansion of renewable energies accelerated

Noise-differentiated track accesscharge system started

Retrofit of about 60,000 freight carswith LL blocks by 2020 approved

Long-distance via 100% green ener-gy for reg./bus. customers (04/2013)

Hybrid shunting locomotives and hy-brid & Bio-gas buses start operations

Hydro-power agreement signed withVERBUND (Austria), RWE and EON improve DB climate balance sheetby 1 million tons of CO2

Two additional wind parks with 36 million kWh join network (total 140 million kWh from 5 wind parks)

Cooperation with PSA extended tobuild E-car infrastructure

E-Mobility research project in rural regions

Launch of online environmental training for Schenker employeesaround the world

Environmentally-friendly vehicles „Green“ mobility & logistics Expanding renewable energies

DB AG | DB ML AG 11

Environmental | Eco-pioneerResource preservation/emissions and noise reduction

Examples

Greening of long-distance transport business underlinesDB’s role as ecological leader vis-a-vis competition

DB AG | DB ML AG 12

Source: TU, ifeu, Öko-Institut1 Based on 1.5 persons in a car2 European Union requirement3 Operating at about 60% capacity

CO2 emissions per mode of transport in long-distancepassenger transport sector [in grams per passenger kilometer]

014

4230

63

136

180

Car1 goal 20202

Car1

todayPlane

-67% -100%

DB Long-Distance’s

green offers

DB Long-Distance transport

today

DB Long-Distance transport to date

Bus3

100% green travel using electricity genera-ted by renewable energy for

‒ Approx. 5 million BahnCard holders

‒ Commuters (holders of monthly and one-year tickets)

‒ Registered corporate customers

‒ DB employees (work and private travel)

Additional: tickets for individual greentravel available with surcharge

As of April 1, 2013 at long-distance transport:

DB strategy of retrofiting and procuring new freight cars is focusedon making block trains quieter as soon as possible

DB AG | DB ML AG 13

DB Schenker Rail retrofitting program1

1 Incl. new freight cars

DB Schenker Rail will retrofit all of its 60,000 freight cars by 2020

At first focus on making block trains quieter

On a daily basis, retrofitting in 2014/15 will mean– about 15 quiet trains in Rhine valley, incl.

“Quiet Rhine“ project– about 90 quiet trains nationwide

Additional purchases of 7,000-8,000 newquiet freight cars

To achieve noticeable reduction in noiseother wagon keepers – approx. 120,000 freight cars – must take action and retrofit

14

We're making good progress, despite the current challenges –DB2020 strategy especially in difficult times important

DB AG | DB ML AG

EU and German regulationsEU and German regulations

Infrastructure financingInfrastructure financing

Vehicle certification process used by industryand government authoritiesVehicle certification process used by industryand government authorities

Rising factor costsRising factor costs

Economic developmentEconomic development1

2

3

4

5