Fee paid to the auditor

The appointed auditor of the Talanx Group’s consolidated financial statement is KPMG AG Wirtschaftsprüfungsgesellschaft (KPMG AG).

The fees expensed by KPMG AG and its affiliated companies* in the 2010 financial year within the meaning of § 318 German Commercial Code (HGB) amounted to EUR 12.7 (13.7) million. The amount includes a fee of EUR 9.2 (8.1) million for the auditing of the financial statement, EUR 0.1 (1.0) million for other appraisals and valuations, EUR 0.9 (0.9) million for tax consultancy services and EUR 2.5 (3.7) million for consultancy and other services performed for the parent or subsidiary companies.

* As at 31 December 2009 KPMG AG and its affiliated companies encompassed the KPMG companies in Germany, the United Kingdom, Spain, Switzerland, Belgium, the Netherlands, Luxembourg and Turkey. The KPMG companies in the CIS countries of Russia, Ukraine, Kazakhstan, Kyrgyzstan, Georgia and Armenia were added effective 1 February 2010. Fees relating to 2009 were adjusted accordingly.