REG-Commerzbank Aktiengesellschaft Bernd Spalt fulfils current contract – but does not seek extension

COMMERZBANK AGAnnouncement

10/02/2026 12:45

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   Commerzbank Aktiengesellschaft (CZB)
   Bernd Spalt fulfils current contract – but does not seek extension

   10-Feb-2026 / 13:39 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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     • Chief Risk Officer Bernd Spalt to step down for personal reasons on 31
       December 2026
     • Succession plan will be communicated in due course

   Bernd Spalt, Chief Risk Officer of Commerzbank, will fulfil his current
   contract running until the end of 2026, but has decided, for personal
   reasons, not to seek an extension. He has informed the Supervisory Board
   about his decision in the meeting on 10 February.

   The Chairman of the Supervisory Board, Jens Weidmann, commented: “Bernd
   Spalt’s work in the Board of Managing Directors is excellent and
   contributes to give Commerzbank stability and trust in a challenging
   period. The Supervisory Board very much regrets his decision. However, I
   have every understanding of Mr. Spalt’s wish to move his center of life
   back to his family in Vienna after his contract has ended. Until then, we
   look forward to continuing our good cooperation.”

   Bernd Spalt joined Commerzbank on 1 January 2024. He has established the
   risk function as a reliable partner supporting Commerzbank's strategic
   goals.

   CEO Bettina Orlopp: “Bernd is not only an outstanding Chief Risk Officer
   but also a highly valued colleague. With his expertise and foresight, he
   made a lasting impact on Commerzbank and its risk function. I respect his
   decision, but at the same time, I regret it very much and wish him all the
   best for the future.”

   Bernd Spalt: “My decision to leave the Bank is purely personal. It was the
   result of thorough consideration, in which the responsibility I felt
   towards my family was decisive. This step was not easy for me, especially
   because I felt at home in the Bank from the very first moment. I am
   convinced that Commerzbank will continue successfully on the path it has
   set out on and that the risk function will continue to play a decisive
   role in this.”

   The Bank's Supervisory Board has embarked on the search for a successor
   and will communicate the result in due course.

   Press contact

   Max Hohenberg +49 69 9353 34249

   About Commerzbank

   With its two business segments – Corporate Clients and Private and
   Small-Business Customers –, Commerzbank, as a full-service bank, offers a
   comprehensive portfolio of financial services. It is the leading bank in
   the Corporate Clients Business in Germany and for the German Mittelstand
   and a strong partner for around 24,000 corporate client groups.
   Commerzbank transacts approximately 30% of Germany’s foreign trade
   financing. The Bank is present internationally in more than 40 countries
   in the corporate clients’ business – wherever its Mittelstand clients,
   large corporates, and institutional clients need it. In addition,
   Commerzbank supports its international clients with a business
   relationship to Germany, Austria, or Switzerland and companies operating
   in selected future-oriented industries. With more than €400bn assets under
   management, Commerzbank is also one of the leading banks for private and
   small-business customers in Germany. Under the brand Commerzbank, it
   offers a wide range of products and services with an omni-channel
   approach: online and mobile, via phone or video in the remote advisory
   centre, and personally in its around 400 branches. Under the brand
   comdirect, it offers all core services as a digital primary bank 24/7 and,
   as a performance broker, solutions for saving, investing, and securities
   trading. Its Polish subsidiary mBank S.A. is an innovative digital bank
   that serves almost 5.9 million private and corporate customers,
   predominantly in Poland, as well as in the Czech Republic and Slovakia.

   Disclaimer

   This release contains forward-looking statements. Forward-looking
   statements are statements that are not historical facts. In this release,
   these statements concern inter alia the expected future business of
   Commerzbank, efficiency gains and expected synergies, expected growth
   prospects and other opportunities for an increase in value of Commerzbank
   as well as expected future financial results, restructuring costs and
   other financial developments and information. These forward-looking
   statements are based on the management’s current plans, expectations,
   estimates and projections. They are subject to a number of assumptions and
   involve known and unknown risks, uncertainties and other factors that may
   cause actual results and developments to differ materially from any future
   results and developments expressed or implied by such forward-looking
   statements. Such factors include, amongst others, the conditions in the
   financial markets in Germany, in Europe, in the USA and other regions from
   which Commerzbank derives a substantial portion of its revenues and in
   which Commerzbank holds a substantial portion of its assets, the
   development of asset prices and market volatility, especially due to the
   ongoing European debt crisis, potential defaults of borrowers or trading
   counterparties, the implementation of its strategic initiatives to improve
   its business model, the reliability of its risk management policies,
   procedures and methods, risks arising as a result of regulatory change and
   other risks. Forward-looking statements therefore speak only as of the
   date they are made. Commerzbank has no obligation to update or release any
   revisions to the forward-looking statements contained in this release to
   reflect events or circumstances after the date of this release.

    

    

    

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   Dissemination of a Regulatory Announcement, transmitted by  1 EQS Group.
   The issuer is solely responsible for the content of this announcement.

   View original content:  2 EQS News

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   ISIN:          DE000CBK1001
   Category Code: MSCL
   TIDM:          CZB
   LEI Code:      851WYGNLUQLFZBSYGB56
   Sequence No.:  417731
   EQS News ID:   2274200


    
   End of Announcement EQS News Service

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