01 August 2020

Bank of AmericaCompany Presentation

Mannheim Alumni at BofA GCIB FFM

Bastian Stundebeek

Investment BankingAssociate

Tim Krankenhagen

Investment BankingAssociate

Armin von FalkenhaynCountry Executive GermanyHead of Corporate & Investment Banking Germany, Austria & Switzerland

Lukas Sieren

Investment Banking Associate

Frederic Masur

Investment Banking Associate

Kristijan KrsticHead of Corporate Banking Germany, Austria & Switzerland

Katharina Schmitt

Investment BankingAnalyst

Nico RuseInvestment BankingManaging Director

Josephine Stiel

Investment BankingSummer Analyst

Arian Iranshahi

Investment BankingSummer Analyst

Felix Weber

Corporate Banking Associate

What Does Working at BofA Mean For You?

Global Megatrends: The Forces Shaping the Workforce of the Future

Resource scarcity and climate changeDepleted fossil fuels, extreme weather, rising sea levels and water shortages

Demographic shifts The changing size, distribution and age profile of the world’s population

Technological breakthroughs Rapid advances intechnological innovation

Shifts in globaleconomic powershifting betweendeveloped and developingcountries

Rapid urbanization and globalizationSignificant increase in theworld’s population moving to live in cities

____________________Source: “Workforce of the future: The competing forces shaping 2030” published by PwC.

What Does Working at BofA Mean For You? – Being Flexible

You will take

RESPONSIBILITY

You have

RESPONSIBILITYYou will take

RESPONSIBILITY

What Does Working at BofA Mean For You? – Being Flexible

You have

RESPONSIBILITYYou will take

RESPONSIBILITY

You will act GLOBAL

What Does Working at BofA Mean For You? – Being Flexible

You have

RESPONSIBILITYYou will take

RESPONSIBILITY

You will act GLOBAL

You will NEVER STOP LEARNING

What Does Working at BofA Mean For You? – Being Flexible

You have

RESPONSIBILITYYou will take

RESPONSIBILITY

You will act GLOBAL

You will NEVER STOP LEARNING

Your environment

will be DIVERSE

What Does Working at BofA Mean For You? – Being Flexible

What Do You Do in Investment Banking?

Leading the Most Visible Transactions in DACH

____________________Note: Numbers in brackets denote deal value.

innogy IPO (€4.6bn)

Sale of RWE’s 77% stake in innogy to E.ON in exchange for multiple assets (€60bn)

Sale of 77% stake in innogy to E.ON

Purchase of innogyand E.ON Renewables, innogyGas Storages, a 37.9% stake in Kelagand E.ON’s stakes in RWE’s nuclear power plants

Acquisition of Monsanto ($66bn)

Acquisition financing

Antitrust disposals

Mandatory Convertible Notes (€4.0bn / €1.5bn)

Rights Issue (€6.0bn)

Sale of Animal Health ($7.6bn)

Demerger of Metro Group into independent listed entities METRO AG (Wholesale & Food Services Specialist) and CECONOMY (€11.2bn)

Successful defense against unsolicited public takeover offer from EP Global Commerce / Daniel Křetínský ($11bn)

Sale of Metro’s hypermarket business “real” (€0.3bn)

Acquisition of International Rectifier ($3bn)

Acquisition and takeout financing

Acquisition of Cypress ($10bn)

Acquisition financing

Primary ABB (€1.5bn)

Hybrid Notes (€1.2bn)

Primary ABB (€1.1bn)

Case Study: Infineon’s $10bn Acquisition of Cypress

____________________Source: Company information and press release.

Financial advisor and structuring bank to Infineon in addition to providing committed financing for the

transaction

Has Agreed toAcquire

April 2020

$10bn

M&A Advice

Financing Structuring & Advice

Acquisition Financing Commitments

Capital Markets̶ Equity̶ Hybrid Offering

Case Study: Infineon’s $10bn Acquisition of Cypress – What Have We Done?

Deliverables

Your Task as

Investment Banking Junior

Valuation, synergies and pro-forma impact of acquisition as well as ongoing supporting analyses

Optimal financing structure and ratings advisory services

Acquisition financing commitment

Syndication of bridge loan facilities

Support preparation of board materials and management presentations

Support in drafting investor presentation and public announcement

Capital increase via Accelerated Bookbuild transaction

Set-up merger- and financing model including ratings and financing case sensitivities as basis for decision on offer price as well as optimal financing structure

Creation of Standard & Poor's ratings presentation

Supporting preparation of board materials, investor and bank presentations

Prepare memos for internal committees (e.g. financing, equity placement, etc.)

Participate in due diligence sessions

Coordinate different workstreams with client, co-advisors and counterparty

How to be Successful

Key Success Factors

PassionGenuine interest in thriving in a

fast paced environment and provide relevant advice to

clients

ProactivityCompleting specific tasks vs. actively participating in the

solution-finding process

Ownership

YOU decide how far you can run

Analytical Skills / Attention to

DetailLearning by Doing

Your Career With Us (Example Investment Banking)

Analyst

Associate

Vice President

Director / Managing Director

2 Years

Modeling / Valuation

Drafting of marketing materials

Due diligence / Project coordination

3.5 Years

Responsible for project modules

Leading preparation of client materials

3 Years

Project responsibility

Co-coverage of accounts and client communication

Client responsibility

Winning new mandates

Project senior oversight Intern

3-6 Months

Research on companies and industries

Support of financial modeling

How to Choose Your Favorite Bank

Selection Criteria

PeoplePersonal fit among colleagues is

key for a productive working environment

Deals / Market ShareBe part of the teams that advise on industry-shaping transactions

StabilityChoose to work for a resilient

employer

Broad PlatformEnables you to develop skills

across different products

Recruiting Process

Application Process Overview

A Great Place to WorkWord’s Best Bank for

Diversity and Inclusion

Euromoney Awards for Excellence 2019

Top 100 Undergraduate Employers

RateMyPlacement: 2019 Award winner (third place)

Stonewall Top 100 employer

Ranked 50th

Accelerating progress for women in business

2019 Catalyst Award winner

Disability Confident

Level one member of the UK Government’s scheme

Top Employer – medium sized school leaver intake

School leaver awards 2019

Connect With Us

campus. bankofamerica.com

Bank of America

Bank of America Merrill Lynch

JuniorTalentEMEA@baml.com

@BofA_Careers

Application Start

31 AugDeadlines

23 OctFull-time

31 DecSpring Insight(1)

6 NovSummer

Internship

VariableOff-cycle

Internship

____________________(1) Applications for the Spring Insight Programme will open on 5 October 2020.

BofA – An Overview

Get to Know Our Business

Individual consumers

Small & middle market businesses

Large corporations

Clients Offices Access Coverage Trade

+90countries

+35countries

+151currencies

+3000kcompanies

+105exchanges

BofA – One of the Largest Investment Banks Worldwide

____________________Source: FactSet as of July 2020.

All $ in bn

$284

$202

$105

$75 $68

$49 $44

$26 $25 $19

$0

$50

$100

$150

$200

$250

$300

$36 $3$27 ($6)$19 $9 $8 $9 $4 $3Last FYNet Income

Market Capitalisation

Get to Know Our Business

Global Banking & Markets (GBAM)

Global Corporate & Investment Banking

Wholesale Credit

Global TransactionServices

Global Markets and Research

Advisory, lending, debt and equity underwriting, leasing, treasury, trade finance, market

risk management

Sales and trading of equities, bonds, loans, mortgages, foreign exchange,

commodities, derivatives

GT&O Control Functions

Technology andOperations

Risk Compliance

Quantitative Management

Finance Audit

HRLegal

Guiding PrinciplesInclusivity

A friendly and inclusive culture

Opportunity

A global platform of opportunity

Our people truly are the foundation for our success and help make us a great place to work.

With a strong focus on Diversity and Inclusion, Environmental, Social and Governance, our guiding principles ensure all of our employees have the opportunity to be successful.

Support

Support focused on your success

Our Purpose & Values

Deliver together Realise the power of our people

Act responsibly Trust the team

Our purpose is to make financial lives better for our customers, clients

and communities by connecting them to the resources they need

to be successful.

And, while we believe there are a lot of things that make our company great, it’s our values that drive our performance and permeate every aspect of the way we do business.