Corporate Governance Report

(Annual Corporate Governance Statement pursuant to section 289a of the HGB)

In this Annual Corporate Governance Statement, Deutsche Post DHL presents the main components of its corporate governance structure. These include the Declaration of Conformity from the Board of Management and Supervisory Board, information regarding significant corporate governance practices that exceed the legal requirements, information concerning the working methods of the Board of Management and the Supervisory Board and details regarding the composition and working methods of the executive committees and other committees, as well as the targets for the composition of the Supervisory Board.

Company in compliance with all recommendations of the German Corporate Governance Code

In December 2010, the Board of Management and the Supervisory Board again submitted an unqualified Declaration of Conformity pursuant to section 161 of the Aktiengesetz (AktG – German stock corporation act), which reads as follows:

“The Board of Management and the Supervisory Board of Deutsche Post AG declare that the recommendations made by the Government Commission on the German Corporate Governance Code as amended on 18 June 2009 have been complied with since the last Declaration of Conformity in December 2009 and that Deutsche Post AG intends to comply with all recommendations of the Code as amended on 26 May 2010 in the future. Pursuant to section 3.8, the deductible for members of the Supervisory Board was raised to the required level upon the adjustment of insurance policies in the first half of 2010.”

We also implemented the suggestions set forth in the code, with one exception: the Annual General Meeting (AGM) will only be broadcast on the internet until the start of the general debate.