Dr Wolf Schumacher, Chairman of the Management Board Aareal Estate AG Deputy Chairman of the Supervisory Board Aareal Valuation GmbH Chairman of the Supervisory Board Aareon AG Member of the Supervisory Board Leica AG Member of the Supervisory Board since 11 Apr 2008 Leica AG Chairman of the Supervisory Board since 18 Jun 2008 Norbert Kickum, Member of the Management Board Aareal Bank France S.A. Member of the Board of Directors Aareal Financial Service Polska Sp. z o.o. Member of the Supervisory Board Aareal Bank Asia Limited (formerly Aareal Financial Services (Singapore) Pte. Ltd.) Member of the Board of Directors Aareal Bank Asia Limited (formerly Aareal Financial Services (Singapore) Pte. Ltd.) CEO (Chairman) Aareal Capital Corporation Member of the Board of Directors since 21 Feb 2008 Aareal Capital Corporation Chairman of the Board of Directors since 21 Feb 2008 Aareal Financial Services USA, Inc. Chairman of the Board of Directors until 31 Mar 2008 Aareal-Financial Service spol. s r.o. Member of the Supervisory Board Aareon AG Member of the Supervisory Board Deutsche Structured Finance GmbH Member of the Advisory Board Hermann J. Merkens, Member of the Management Board Aareal Estate AG Chairman of the Supervisory Board Aareal Bank Asia Limited (formerly Aareal Financial Services (Singapore) Pte. Ltd.) Member of the Board of Directors Aareal Capital Corporation Member of the Board of Directors since 21 Feb 2008 Aareal First Financial Solutions AG Member of the Supervisory Board Aareal Property Services B.V. Chairman of the Supervisory Board Aareal Valuation GmbH Member of the Supervisory Board Aareon AG Member of the Supervisory Board Deutsche Bau- und Grundstücks-Aktiengesellschaft Chairman of the Supervisory Board Deutsche Interhotel Holding GmbH & Co. KG Member of the Council of Shareholders Deutsche Structured Finance GmbH Member of the Advisory Board RMS Risk Management Solutions GmbH Member of the Supervisory Board Thomas Ortmanns, Member of the Management Board Aareal Bank France S.A. Member of the Board of Directors since 25 Jan 2008 Aareal First Financial Solutions AG Chairman of the Supervisory Board Aareal Financial Services USA, Inc. Member of the Board of Directors until 31 Mar 2008 Aareon AG Chairman of the Supervisory Board Innovative Banking Solutions AG Member of the Supervisory Board Management Board 197Aareal Bank Group ­ Annual Report 2008 | Consolidated Financial Statements | Notes