Exhibit 8.1

List of Subsidiaries

Serial No. | Name of company | Domicile of company | Footnote
Subsidiaries |  |  |
1 | Deutsche Bank Aktiengesellschaft | Frankfurt am Main |
2 | ABFS I Incorporated | Lutherville-Timonium |
3 | Alex. Brown Financial Services Incorporated | Lutherville-Timonium |
4 | Alex. Brown Investments Incorporated | Lutherville-Timonium |
5 | Alfred Herrhausen Gesellschaft mbH | Berlin |
6 | Argent Incorporated | Lutherville-Timonium |
7 | Baldur Mortgages Limited | London |
8 | Betriebs-Center für Banken AG | Frankfurt |
9 | Better Financial Services GmbH | Berlin |
10 | Better Payment Germany GmbH | Berlin |
11 | BHW - Gesellschaft für Wohnungswirtschaft mbH | Hameln |
12 | BHW Bausparkasse Aktiengesellschaft | Hameln |
13 | BHW Holding GmbH | Hameln |
14 | Borfield Sociedad Anonima | Montevideo |
15 | Breaking Wave DB Limited | London |
16 | BT Globenet Nominees Limited | London |
17 | Cardea Real Estate S.r.l. | Milan |
18 | Caribbean Resort Holdings, Inc. | New York | 1
19 | Cathay Advisory (Beijing) Co., Ltd. | Beijing |
20 | Cathay Asset Management Company Limited | Ebène |
21 | Cathay Capital Company (No 2) Limited | Ebène |
22 | China Recovery Fund, LLC | Wilmington |
23 | Cinda - DB NPL Securitization Trust 2003-1 | Wilmington | 1
24 | Consumo Srl in Liquidazione | Milan |
25 | D B Investments (GB) Limited | London |
26 | D&M Turnaround Partners Godo Kaisha | Tokyo |
27 | DB (Barbados) SRL | Christ Church |
28 | DB (Malaysia) Nominee (Asing) Sdn. Bhd. | Kuala Lumpur |
29 | DB (Malaysia) Nominee (Tempatan) Sendirian Berhad | Kuala Lumpur |
30 | DB Alex. Brown Holdings Incorporated | Wilmington |
31 | DB Aotearoa Investments Limited | George Town |

1

Serial No. | Name of company | Domicile of company | Footnote
32 | DB Beteiligungs-Holding GmbH | Frankfurt |
33 | DB Boracay LLC | Wilmington |
34 | DB Capital Markets (Deutschland) GmbH | Frankfurt |
35 | DB Cartera de Inmuebles 1, S.A.U. | Madrid |
36 | DB Chestnut Holdings Limited | George Town |
37 | DB Commodity Financing Limited | London |
38 | DB Corporate Advisory (Malaysia) Sdn. Bhd. | Kuala Lumpur |
39 | DB Direkt GmbH | Frankfurt |
40 | DB Equipment Leasing, Inc. | New York |
41 | DB Finance (Delaware), LLC | Wilmington |
42 | DB Global Technology SRL | Bucharest |
43 | DB Global Technology, Inc. | Wilmington |
44 | DB Group Services (UK) Limited | London |
45 | DB Holdings (New York), Inc. | New York |
46 | DB HR Solutions GmbH | Frankfurt |
47 | DB Impact Investment Fund I, L.P. | Edinburgh | 2
48 | DB Industrial Holdings Beteiligungs GmbH & Co. KG | Luetzen | 2
49 | DB Industrial Holdings GmbH | Luetzen |
50 | DB Intermezzo LLC | Wilmington |
51 | DB International (Asia) Limited | Singapore |
52 | DB International Investments Limited | London |
53 | DB International Trust (Singapore) Limited | Singapore |
54 | DB Investment Managers, Inc. | Wilmington |
55 | DB Investment Partners Limited | London |
56 | DB Investment Partners Pte. Ltd. | Singapore |
57 | DB Investment Resources (US) Corporation | Wilmington |
58 | DB Investment Resources Holdings Corp. | Wilmington |
59 | DB Investment Services GmbH | Frankfurt |
60 | DB IROC Leasing Corp. | New York |
61 | DB London (Investor Services) Nominees Limited | London |
62 | DB Management Support GmbH | Frankfurt |
63 | DB Nominees (Hong Kong) Limited | Hong Kong |
64 | DB Nominees (Jersey) Limited | St. Helier |
65 | DB Nominees (Singapore) Pte Ltd | Singapore |
66 | DB Omega Ltd. | George Town |
67 | DB Operaciones y Servicios Interactivos, S.L.U. | Madrid |
68 | DB Overseas Finance Delaware, Inc. | Wilmington |
69 | DB Overseas Holdings Limited | London |
70 | DB Print GmbH | Frankfurt |
71 | DB Private Clients Corp. | Wilmington |

2

Serial No. | Name of company | Domicile of company | Footnote
72 | DB Private Wealth Mortgage Ltd. | New York |
73 | DB Re S.A. | Luxembourg |
74 | DB Service Centre Limited | Dublin |
75 | DB Services (Jersey) Limited | St. Helier |
76 | DB Services Americas, Inc. | Wilmington |
77 | DB Servizi Amministrativi S.r.l. | Milan |
78 | DB Strategic Advisors, Inc. | Makati City |
79 | DB Structured Derivative Products, LLC | Wilmington |
80 | DB Structured Products, Inc. | Wilmington |
81 | DB Trustee Services Limited | London |
82 | DB Trustees (Hong Kong) Limited | Hong Kong |
83 | DB U.S. Financial Markets Holding Corporation | Wilmington |
84 | DB UK Bank Limited | London |
85 | DB UK Holdings Limited | London |
86 | DB UK PCAM Holdings Limited (in members' voluntary liquidation) | London |
87 | DB USA Core Corporation | West Trenton |
88 | DB USA Corporation | Wilmington |
89 | DB Valoren S.à r.l. | Luxembourg |
90 | DB Value S.à r.l. | Luxembourg |
91 | DB VersicherungsManager GmbH | Frankfurt |
92 | DB Vita S.A. | Luxembourg |
93 | DBAH Capital, LLC | Wilmington |
94 | DBCIBZ1 | George Town |
95 | DBFIC, Inc. | Wilmington |
96 | DBNZ Overseas Investments (No.1) Limited | George Town |
97 | DBOI Global Services (UK) Limited | London |
98 | DBR Investments Co. Limited | George Town |
99 | DBRE Global Real Estate Management IB, Ltd. | George Town |
100 | DBRMSGP1 | George Town | 2, 3
101 | DBUK PCAM Limited (in members' voluntary liquidation) | London |
102 | DBUSBZ2, S.à r.l. | Luxembourg |
103 | DBX Advisors LLC | Wilmington |
104 | DEBEKO Immobilien GmbH & Co Grundbesitz OHG | Eschborn | 2
105 | DEE Deutsche Erneuerbare Energien GmbH | Frankfurt |
106 | DEUKONA Versicherungs-Vermittlungs-GmbH | Frankfurt |
107 | Deutsche (Aotearoa) Capital Holdings New Zealand | Auckland |
108 | Deutsche (Aotearoa) Foreign Investments New Zealand | Auckland |

3

Serial No. | Name of company | Domicile of company | Footnote
109 | Deutsche (New Munster) Holdings New Zealand Limited | Auckland |
110 | Deutsche Alternative Asset Management (UK) Limited | London |
111 | Deutsche Asia Pacific Holdings Pte Ltd | Singapore |
112 | Deutsche Asset Management (India) Private Limited | Mumbai |
113 | Deutsche Australia Limited | Sydney |
114 | Deutsche Bank (Cayman) Limited | George Town |
115 | Deutsche Bank (China) Co., Ltd. | Beijing |
116 | Deutsche Bank (Malaysia) Berhad | Kuala Lumpur |
117 | Deutsche Bank (Suisse) SA | Geneva |
118 | Deutsche Bank (Uruguay) Sociedad Anónima Institución Financiera Externa | Montevideo |
119 | DEUTSCHE BANK A.S. | Istanbul |
120 | Deutsche Bank Americas Holding Corp. | Wilmington |
121 | Deutsche Bank Europe GmbH | Frankfurt |
122 | Deutsche Bank Financial Company | George Town |
123 | Deutsche Bank Holdings, Inc. | Wilmington |
124 | Deutsche Bank Insurance Agency Incorporated | Wilmington |
125 | Deutsche Bank Luxembourg S.A. | Luxembourg |
126 | Deutsche Bank Mutui S.p.A. | Milan |
127 | Deutsche Bank National Trust Company | Los Angeles |
128 | Deutsche Bank Polska Spólka Akcyjna | Warsaw |
129 | Deutsche Bank Representative Office Nigeria Limited | Lagos |
130 | Deutsche Bank S.A. - Banco Alemão | Sao Paulo |
131 | Deutsche Bank Securities Inc. | Wilmington |
132 | Deutsche Bank Securities Limited | Toronto |
133 | Deutsche Bank Società per Azioni | Milan |
134 | Deutsche Bank Trust Company Americas | New York |
135 | Deutsche Bank Trust Company Delaware | Wilmington |
136 | Deutsche Bank Trust Company, National Association | New York |
137 | Deutsche Bank Trust Corporation | New York |
138 | Deutsche Bank, Sociedad Anónima Española Unipersonal | Madrid |
139 | Deutsche Capital Finance (2000) Limited | George Town |
140 | Deutsche Capital Markets Australia Limited | Sydney |
141 | Deutsche Capital Partners China Limited (in voluntary liquidation) | George Town |
142 | Deutsche Cayman Ltd. | Camana Bay |

4

Serial No. | Name of company | Domicile of company | Footnote
143 | Deutsche Custody N.V. | Amsterdam |
144 | Deutsche Domus New Zealand Limited | Auckland |
145 | Deutsche Equities India Private Limited | Mumbai |
146 | Deutsche Finance No. 2 Limited (in voluntary liquidation) | George Town |
147 | Deutsche Foras New Zealand Limited | Auckland |
148 | Deutsche Gesellschaft für Immobilien-Leasing mit beschränkter Haftung | Duesseldorf |
149 | Deutsche Global Markets Limited | Tel Aviv |
150 | Deutsche Group Holdings (SA) Proprietary Limited | Johannesburg |
151 | Deutsche Group Services Pty Limited | Sydney |
152 | Deutsche Grundbesitz-Anlagegesellschaft mit beschränkter Haftung | Frankfurt |
153 | Deutsche Holdings (Grand Duchy) | Luxembourg |
154 | Deutsche Holdings (Luxembourg) S.à r.l. | Luxembourg |
155 | Deutsche Holdings Limited | London |
156 | Deutsche Holdings No. 2 Limited | London |
157 | Deutsche Holdings No. 3 Limited | London |
158 | Deutsche Holdings No. 4 Limited (in members' voluntary liquidation) | London |
159 | Deutsche Immobilien Leasing GmbH | Duesseldorf |
160 | Deutsche India Holdings Private Limited | Mumbai |
161 | Deutsche India Private Limited | Mumbai |
162 | Deutsche International Corporate Services (Ireland) Limited | Dublin |
163 | Deutsche International Corporate Services Limited | St. Helier |
164 | Deutsche International Custodial Services Limited | St. Helier |
165 | Deutsche Investments (Netherlands) N.V. | Amsterdam |
166 | Deutsche Investments India Private Limited | Mumbai |
167 | Deutsche Investor Services Private Limited | Mumbai |
168 | Deutsche Knowledge Services Pte. Ltd. | Singapore |
169 | Deutsche Leasing New York Corp. | New York |
170 | Deutsche Mexico Holdings S.à r.l. | Luxembourg |
171 | Deutsche Morgan Grenfell Group Limited (in members' voluntary liquidation) | London |

5

Serial No. | Name of company | Domicile of company | Footnote
172 | Deutsche Mortgage & Asset Receiving Corporation | Wilmington |
173 | Deutsche Nederland N.V. | Amsterdam |
174 | Deutsche New Zealand Limited | Auckland |
175 | Deutsche Nominees Limited | London |
176 | Deutsche Oppenheim Family Office AG | Cologne |
177 | Deutsche Overseas Issuance New Zealand Limited | Auckland |
178 | Deutsche Postbank Finance Center Objekt GmbH | Schuettringen |
179 | Deutsche Securities (India) Private Limited | New Delhi |
180 | Deutsche Securities (Proprietary) Limited | Johannesburg |
181 | Deutsche Securities (SA) (Proprietary) Limited | Johannesburg |
182 | Deutsche Securities Asia Limited | Hong Kong |
183 | Deutsche Securities Inc. | Tokyo |
184 | Deutsche Securities Israel Ltd. | Tel Aviv |
185 | Deutsche Securities Korea Co. | Seoul |
186 | Deutsche Securities Saudi Arabia (a closed joint stock company) | Riyadh |
187 | Deutsche Securities, S.A. de C.V., Casa de Bolsa | Mexico City |
188 | Deutsche Services (CI) Limited | St. Helier |
189 | Deutsche Services Polska Sp. z o.o. | Warsaw |
190 | Deutsche StiftungsTrust GmbH | Frankfurt |
191 | Deutsche Strategic Investment Holdings Yugen Kaisha | Tokyo |
192 | Deutsche Trustee Company Limited | London |
193 | Deutsche Trustee Services (India) Private Limited | Mumbai |
194 | Deutsche Trustees Malaysia Berhad | Kuala Lumpur |
195 | Deutsche Wealth Management S.G.I.I.C., S.A. | Madrid |
196 | Deutsches Institut für Altersvorsorge GmbH | Frankfurt |
197 | DI Deutsche Immobilien Treuhandgesellschaft mbH | Frankfurt |
198 | DIP Management GmbH | Frankfurt |
199 | DISCA Beteiligungsgesellschaft mbH | Duesseldorf |
200 | Durian (Luxembourg) S.à r.l. | Luxembourg |
201 | DWS Alternatives France | Paris |
202 | DWS Alternatives Global Limited | London |
203 | DWS Alternatives GmbH | Frankfurt |
204 | DWS Asset Management (Korea) Company Limited | Seoul |
205 | DWS Beteiligungs GmbH | Frankfurt |
206 | DWS CH AG | Zurich |

6

Serial No. | Name of company | Domicile of company | Footnote
207 | DWS Distributors, Inc. | Wilmington |
208 | DWS Far Eastern Investments Limited | Taipei |
209 | DWS Global Business Services Inc. | Taguig City |
210 | DWS Group GmbH & Co. KGaA | Frankfurt | 2
211 | DWS Group Services UK Limited | London |
212 | DWS Grundbesitz GmbH | Frankfurt |
213 | DWS India Private Limited | Mumbai |
214 | DWS International GmbH | Frankfurt |
215 | DWS Investment GmbH | Frankfurt |
216 | DWS Investment Management Americas, Inc. | Wilmington |
217 | DWS Investment S.A. | Luxembourg |
218 | DWS Investments Australia Limited | Sydney |
219 | DWS Investments Hong Kong Limited | Hong Kong |
220 | DWS Investments Japan Limited | Tokyo |
221 | DWS Investments Shanghai Limited | Shanghai |
222 | DWS Investments Singapore Limited | Singapore |
223 | DWS Investments UK Limited | London |
224 | DWS Management GmbH | Frankfurt |
225 | DWS Real Estate GmbH | Frankfurt |
226 | DWS Service Company | Wilmington |
227 | DWS Shanghai Private Equity Fund Management Limited | Shanghai |
228 | DWS Trust Company | Concord |
229 | DWS USA Corporation | Wilmington |
230 | EC EUROPA IMMOBILIEN FONDS NR. 3 GmbH & CO. KG i.I. | Hamburg |
231 | Elm (Luxembourg) S.à r.l. | Luxembourg |
232 | European Value Added I (Alternate G.P.) LLP | London |
233 | Fiduciaria Sant' Andrea S.r.l. | Milan |
234 | Finanzberatungsgesellschaft mbH der Deutschen Bank | Berlin |
235 | Fir (Luxembourg) S.à r.l. | Luxembourg |
236 | Franz Urbig- und Oscar Schlitter-Stiftung Gesellschaft mit beschränkter Haftung | Frankfurt |
237 | Fünfte SAB Treuhand und Verwaltung GmbH & Co. Suhl "Rimbachzentrum" KG | Bad Homburg |
238 | German American Capital Corporation | Lutherville-Timonium |
239 | Greenheart (Luxembourg) S.à r.l. | Luxembourg |
240 | Greenwood Properties Corp. | New York | 1
241 | Grundstücksgesellschaft Frankfurt Bockenheimer Landstraße GbR | Troisdorf | 2
242 | Grundstücksgesellschaft Kerpen-Sindorf Vogelrutherfeld GbR | Troisdorf | 2

7

Serial No. | Name of company | Domicile of company | Footnote
243 | Grundstücksgesellschaft Köln Oppenheimstraße GbR | Troisdorf | 2
244 | Grundstücksgesellschaft Wiesbaden Luisenstraße/Kirchgasse GbR | Troisdorf | 2
245 | Immobilienfonds Büro-Center Erfurt am Flughafen Bindersleben I GbR | Troisdorf | 2
246 | Immobilienfonds Wohn- und Geschäftshaus Köln-Blumenberg V GbR | Troisdorf | 2
247 | ISTRON Beteiligungs- und Verwaltungs-GmbH | Cologne |
248 | IVAF I Manager, S.à r.l. | Luxembourg |
249 | Joint Stock Company Deutsche Bank DBU | Kyiv |
250 | Jyogashima Godo Kaisha | Tokyo |
251 | KEBA Gesellschaft für interne Services mbH | Frankfurt |
252 | Kidson Pte Ltd | Singapore |
253 | Konsul Inkasso GmbH | Essen |
254 | LA Water Holdings Limited | George Town |
255 | LAWL Pte. Ltd. | Singapore |
256 | Leasing Verwaltungsgesellschaft Waltersdorf mbH | Schoenefeld |
257 | Leonardo III Initial GP Limited | London |
258 | MEF I Manager, S. à r.l. | Munsbach |
259 | MIT Holdings, Inc. | Baltimore |
260 | MortgageIT Securities Corp. | Wilmington |
261 | MortgageIT, Inc. | New York |
262 | norisbank GmbH | Bonn |
263 | Numis Corporation Limited | London |
264 | Numis Europe Limited | Dublin |
265 | Numis Nominees (Client) Limited | London |
266 | Numis Nominees (NSI) Limited | London |
267 | Numis Nominees Limited | London |
268 | Numis Securities Inc. | Wilmington |
269 | Numis Securities Limited | London |
270 | OOO "Deutsche Bank TechCentre" | Moscow |
271 | OOO "Deutsche Bank" | Moscow |
272 | OPB Verwaltungs- und Treuhand GmbH | Cologne |
273 | OPB-Oktava GmbH | Cologne |
274 | OPPENHEIM Capital Advisory GmbH | Cologne |
275 | OPPENHEIM PRIVATE EQUITY Verwaltungsgesellschaft mbH | Cologne |
276 | PADUS Grundstücks-Vermietungsgesellschaft mbH | Duesseldorf |
277 | Pan Australian Nominees Pty Ltd (in voluntary strike-off) | Sydney |
278 | PB Factoring GmbH | Bonn |

8

Serial No. | Name of company | Domicile of company | Footnote
279 | PB Spezial-Investmentaktiengesellschaft mit Teilgesellschaftsvermögen i.A. | Bonn | 1
280 | PCC Services GmbH der Deutschen Bank | Essen |
281 | Plantation Bay, Inc. | St. Thomas |
282 | Postbank Direkt GmbH | Bonn |
283 | Postbank Filialvertrieb AG | Bonn |
284 | Postbank Finanzberatung AG | Hameln |
285 | Postbank Immobilien GmbH | Hameln |
286 | Postbank Leasing GmbH | Bonn |
287 | Prof. Weber GmbH | Mannheim | 4
288 | PT Deutsche Sekuritas Indonesia | Jakarta |
289 | RoPro U.S. Holding, Inc. | Wilmington |
290 | Route 28 Receivables, LLC | Wilmington |
291 | RREEF America L.L.C. | Wilmington |
292 | RREEF European Value Added I (G.P.) Limited | London |
293 | RREEF Fund Holding LLC | Wilmington |
294 | RREEF India Advisors Private Limited | Mumbai |
295 | RREEF Management L.L.C. | Wilmington |
296 | SAGITA Grundstücks-Vermietungsgesellschaft mbH | Duesseldorf |
297 | Sal. Oppenheim jr. & Cie. Beteiligungs GmbH | Cologne |
298 | SAPIO Grundstücks-Vermietungsgesellschaft mbH | Duesseldorf |
299 | Sharps SP I LLC | Wilmington |
300 | Stelvio Immobiliare S.r.l. | Bolzano |
301 | Süddeutsche Vermögensverwaltung Gesellschaft mit beschränkter Haftung | Frankfurt |
302 | TELO Beteiligungsgesellschaft mbH | Schoenefeld |
303 | Tempurrite Leasing Limited (in members' voluntary liquidation) | London |
304 | Thai Asset Enforcement and Recovery Asset Management Company Limited | Bangkok |
305 | Treuinvest Service GmbH | Frankfurt |
306 | Triplereason Limited | London |
307 | VÖB-ZVD Processing GmbH | Bonn |
308 | WEPLA Beteiligungsgesellschaft mbH | Frankfurt |

9

Serial No. | Name of company | Domicile of company | Footnote
Consolidated Structured Entities |  |  |
309 | Al Mi'yar Capital SA | Luxembourg | 5
310 | Alguer Inversiones Designated Activity Company | Dublin |
311 | Alixville Invest, S.L. | Madrid |
312 | Altersvorsorge Fonds Hamburg Alter Wall Dr. Juncker KG | Frankfurt |
313 | Atlas Investment Company 1 S.à r.l., en liquidation volontaire | Luxembourg |
314 | Atlas Investment Company 2 S.à r.l., en liquidation volontaire | Luxembourg |
315 | Atlas Investment Company 3 S.à r.l., en liquidation volontaire | Luxembourg |
316 | Atlas Investment Company 4 S.à r.l., en liquidation volontaire | Luxembourg |
317 | Atlas Portfolio Select SPC | George Town |
318 | Atlas SICAV - FIS, en liquidation volontaire | Luxembourg | 5
319 | Australian Secured Personal Loans Trust | Melbourne |
320 | Axia Insurance, Ltd. | Hamilton | 5
321 | Carpathian Investments Designated Activity Company | Dublin |
322 | Cathay Capital Company Limited | Ebène |
323 | Cathay Strategic Investment Company Limited | Hong Kong |
324 | Cathay Strategic Investment Company No. 2 Limited (in voluntary liquidation) | George Town |
325 | Cayman Reference Fund Holdings Limited | George Town |
326 | Ceto S.à r.l. | Luxembourg |
327 | Charitable Luxembourg Four S.à r.l. | Luxembourg |
328 | Charitable Luxembourg Three S.à r.l. | Luxembourg |
329 | Charitable Luxembourg Two S.à r.l. | Luxembourg |
330 | City Leasing (Thameside) Limited | London |
331 | City Leasing Limited | London |
332 | CLASS Limited | St. Helier | 5
333 | Collins Capital Low Volatility Performance II Special Investments, Ltd. | Road Town |
334 | Crofton Invest, S.L. | Madrid |
335 | Danube Properties S.à r.l., en faillite | Luxembourg |
336 | DB Asset Finance I S.à r.l. | Luxembourg |
337 | DB Asset Finance II S.à r.l. | Luxembourg |
338 | DB Aster II, LLC | Wilmington |
339 | DB Aster III, LLC | Wilmington |

10

Serial No. | Name of company | Domicile of company | Footnote
340 | DB Aster, Inc. | Wilmington |
341 | DB Aster, LLC | Wilmington |
342 | DB Covered Bond S.r.l. | Conegliano |
343 | DB Credit Investments S.à r.l. | Luxembourg |
344 | DB Finance International GmbH | Frankfurt |
345 | DB Holding Fundo de Investimento Multimercado Investimento no Exterior Crédito Privado | Sao Paulo |
346 | DB Immobilienfonds 1 Wieland KG | Frankfurt |
347 | DB Impact Investment (GP) Limited | London |
348 | DB Litigation Fee LLC | Wilmington |
349 | DB Municipal Holdings LLC | Wilmington |
350 | DB SPEARs/LIFERs, Series DB-8092 Trust | Wilmington |
351 | DB SPEARs/LIFERs, Series DB-8093 Trust | Wilmington |
352 | DB SPEARs/LIFERs, Series DB-8095 Trust | Wilmington |
353 | DB SPEARs/LIFERs, Series DB-8096 Trust | Wilmington |
354 | DB SPEARs/LIFERs, Series DB-8097 Trust | Wilmington |
355 | DB SPEARs/LIFERs, Series DB-8098 Trust | Wilmington |
356 | DB SPEARs/LIFERs, Series DB-8102 Trust | Wilmington |
357 | DB SPEARs/LIFERs, Series DB-8103 Trust | Wilmington |
358 | DB SPEARs/LIFERs, Series DB-8108 Trust | Wilmington |
359 | DB SPEARs/LIFERs, Series DB-8114 Trust | Wilmington |
360 | DB SPEARs/LIFERs, Series DB-8115 Trust | Wilmington |
361 | DB SPEARs/LIFERs, Series DB-8116 Trust | Wilmington |
362 | DB SPEARs/LIFERs, Series DB-8117 Trust | Wilmington |
363 | DB SPEARs/LIFERs, Series DB-8201 Trust | Wilmington |
364 | DB SPEARs/LIFERs, Series DB-8202 Trust | Wilmington |
365 | DB SPEARs/LIFERs, Series DBE-8052 Trust | Wilmington |
366 | DB SPEARs/LIFERs, Series DBE-8055 Trust | Wilmington |
367 | DB SPEARs/LIFERs, Series DBE-8057 Trust | Wilmington |
368 | DB SPEARs/LIFERs, Series DBE-8060 Trust | Wilmington |

11

Serial No. | Name of company | Domicile of company | Footnote
369 | DB SPEARs/LIFERs, Series DBE-8067 Trust | Wilmington |
370 | DB SPEARs/LIFERs, Series DBE-8070 Trust | Wilmington |
371 | DB SPEARs/LIFERs, Series DBE-8071 Trust | Wilmington |
372 | DB SPEARs/LIFERs, Series DBE-8081 Trust | Wilmington |
373 | DB SPEARs/LIFERs, Series DBE-8082 Trust | Wilmington |
374 | DB SPEARs/LIFERs, Series DBE-8083 Trust | Wilmington |
375 | DB SPEARs/LIFERs, Series DBE-8085 Trust | Wilmington |
376 | DB SPEARs/LIFERs, Series DBE-8086 Trust | Wilmington |
377 | DB SPEARs/LIFERs, Series DBE-8090 Trust | Wilmington |
378 | DB SPEARs/LIFERs, Series DBE-8094 Trust | Wilmington |
379 | DB SPEARs/LIFERs, Series DBE-8099 Trust | Wilmington |
380 | DB SPEARs/LIFERs, Series DBE-8100 Trust | Wilmington |
381 | DB SPEARs/LIFERs, Series DBE-8101 Trust | Wilmington |
382 | DB SPEARs/LIFERs, Series DBE-8105 Trust | Wilmington |
383 | DB SPEARs/LIFERs, Series DBE-8106 Trust | Wilmington |
384 | DB SPEARs/LIFERs, Series DBE-8107 Trust | Wilmington |
385 | DB SPEARs/LIFERs, Series DBE-8109 Trust | Wilmington |
386 | DB SPEARs/LIFERs, Series DBE-8110 Trust | Wilmington |
387 | DB SPEARs/LIFERs, Series DBE-8112 Trust | Wilmington |
388 | DB SPEARs/LIFERs, Series DBE-8113 Trust | Wilmington |
389 | DB SPEARs/LIFERs, Series DBE-8118 Trust | Wilmington |
390 | DB SPEARs/LIFERs, Series DBE-8902 Trust | Newark |
391 | DB SPEARs/LIFERs, Series DBE-8908 Trust | Newark |
392 | DB Structured Holdings Luxembourg S.à r.l. | Luxembourg |
393 | DBRE Global Real Estate Management US IB, L.L.C. | Wilmington |
394 | DBX ETF Trust | Wilmington | 5

12

Serial No. | Name of company | Domicile of company | Footnote
395 | De Heng Asset Management Company Limited | Beijing |
396 | Deloraine Spain, S.L. | Madrid |
397 | Deutsche Bank Luxembourg S.A. - Fiduciary Deposits | Luxembourg | 5
398 | Deutsche Bank Luxembourg S.A. - Fiduciary Note Programme | Luxembourg | 5
399 | Deutsche Colombia S.A.S. | Bogotá |
400 | Deutsche Postbank Funding LLC I | Wilmington |
401 | Deutsche Postbank Funding LLC III | Wilmington |
402 | Deutsche Postbank Funding Trust I | Newark |
403 | Deutsche Postbank Funding Trust III | Newark |
404 | DWS Access S.A. | Luxembourg | 5
405 | DWS Alternatives (IE) ICAV | Dublin |
406 | DWS Funds | Luxembourg | 5
407 | DWS Garant | Luxembourg | 5
408 | DWS Invest | Luxembourg | 5
409 | DWS Invest (IE) ICAV | Dublin |
410 | DWS Zeitwert Protect | Luxembourg |
411 | DWS-Fonds Treasury Liquidity (EUR) | Frankfurt |
412 | Dynamic Infrastructure Securities Fund LP | Wilmington |
413 | Earls Four Limited | George Town | 5
414 | Einkaufszentrum "HVD Dresden" S.à.r.l & Co. KG i.I. | Cologne |
415 | Eirles Three Designated Activity Company | Dublin | 5
416 | Emerald Asset Repackaging Designated Activity Company | Dublin |
417 | Emerging Markets Capital Protected Investments Limited | George Town | 5
418 | Emeris | George Town |
419 | Encina Property Finance Designated Activity Company | Dublin |
420 | Epicuro SPV S.r.l. | Conegliano |
421 | ERET Lux 1 S.à r.l. | Luxembourg |
422 | Erste Frankfurter Hoist GmbH | Frankfurt |
423 | European Real Estate Transformation Fund S.C.A. SICAV-RAIF | Luxembourg |
424 | Fondo Privado de Titulización PYMES I Designated Activity Company | Dublin |
425 | Freddie Mac Class A Taxable Multifamily M Certificates Series M-037 | McLean |
426 | Freddie Mac Class A Taxable Multifamily M Certificates Series M-039 | McLean |
427 | Freddie Mac Class A Taxable Multifamily M Certificates Series M-040 | McLean |

13

Serial No. | Name of company | Domicile of company | Footnote
428 | Freddie Mac Class A Taxable Multifamily M Certificates Series M-041 | McLean |
429 | Freddie Mac Class A Taxable Multifamily M Certificates Series M-043 | McLean |
430 | Freddie Mac Class A Taxable Multifamily M Certificates Series M-044 | McLean |
431 | Freddie Mac Class A Taxable Multifamily M Certificates Series M-047 | McLean |
432 | G.O. IB-US Management, L.L.C. | Wilmington |
433 | GAC-HEL, Inc. | Wilmington |
434 | Galene S.à r.l. | Luxembourg |
435 | Gladyr Spain, S.L. | Madrid |
436 | Global Opportunities Co-Investment Feeder, LLC | Wilmington |
437 | Global Opportunities Co-Investment, LLC | George Town |
438 | GWC-GAC Corp. | Wilmington |
439 | Havbell Designated Activity Company | Dublin |
440 | Histria Inversiones Designated Activity Company | Dublin |
441 | Infrastructure Debt Fund S.C.Sp. SICAV-RAIF | Luxembourg |
442 | Inn Properties S.à r.l., en faillite | Luxembourg |
443 | Investor Solutions Limited | St. Helier | 5
444 | Isar Properties S.à r.l., en faillite | Luxembourg |
445 | IVAF (Jersey) Limited | St. Helier |
446 | Kelona Invest, S.L. | Madrid |
447 | Kelsey Street LLC | Wilmington |
448 | KH Kitty Hall Holdings Limited | Galway |
449 | Kratus Inversiones Designated Activity Company | Dublin |
450 | Ledyard, S.L. | Madrid |
451 | 87 Leonard Development LLC | Wilmington |
452 | Life Mortgage S.r.l. | Conegliano |
453 | Lindsell Finance Limited | St. Julian's |
454 | Lockwood Invest, S.L. | Madrid |
455 | London Industrial Leasing Limited | London |
456 | Lunashadow Limited | Dublin |
457 | Malabo Holdings Designated Activity Company | Dublin |
458 | Merlin XI | George Town |
459 | Meseta Inversiones Designated Activity Company | Dublin |
460 | Motion Picture Productions One GmbH & Co. KG | Frankfurt | 2

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Serial No. | Name of company | Domicile of company | Footnote
461 | MPP Beteiligungsgesellschaft mbH | Frankfurt |
462 | Navegator - SGFTC, S.A. | Lisbon |
463 | NCW Holding Inc. | Vancouver |
464 | New 87 Leonard, LLC | Wilmington |
465 | Oasis Securitisation S.r.l. | Conegliano | 1
466 | Oder Properties S.à r.l., en faillite | Luxembourg |
467 | Opus Niestandaryzowany Sekurytyzacyjny Fundusz Inwestycyjny Zamkniety | Warsaw |
468 | OTTAM Mexican Capital Trust Designated Activity Company | Dublin | 5
469 | Palladium Global Investments S.A. | Luxembourg | 5
470 | Palladium Securities 1 S.A. | Luxembourg | 5
471 | PanAsia Funds Investments Ltd. | George Town | 5
472 | PARTS Funding, LLC | Wilmington |
473 | PEIF II SLP Feeder 2 LP | Edinburgh |
474 | PEIF III SLP Feeder GP, S.à r.l. | Senningerberg |
475 | PEIF III SLP Feeder, SCSp | Senningerberg |
476 | Peruda Leasing Limited (in members' voluntary liquidation) | London |
477 | Philippine Opportunities for Growth and Income (SPV-AMC), INC. | Makati City |
478 | Property Debt Fund S.C.Sp. SICAV-RAIF | Luxembourg |
479 | PUTTERs/DRIVERs, Series 3004 Trust | Wilmington |
480 | PUTTERs/DRIVERs, Series 3005DB Trust | Wilmington |
481 | PUTTERs/DRIVERs, Series 3006DB Trust | Wilmington |
482 | PUTTERs/DRIVERs, Series 3007DB Trust | Wilmington |
483 | QR Tower 2, LLC | Wilmington |
484 | Radical Properties Unlimited Company | Dublin |
485 | Reference Capital Investments Limited (in members' voluntary liquidation) | London |
486 | Rhine Properties S.à r.l., en faillite | Luxembourg |
487 | Riviera Real Estate | Paris |
488 | ROCKY 2021-1 SPV S.r.l. | Conegliano |
489 | Romareda Holdings Designated Activity Company | Dublin |
490 | RREEF Core Plus Residential Fund LP | Wilmington |
491 | RREEF DCH, L.L.C. | Wilmington |
492 | Samburg Invest, S.L. | Madrid |
493 | SCB Alpspitze UG (haftungsbeschränkt) | Frankfurt |
494 | Seaconview Designated Activity Company | Dublin |

15

Serial No. | Name of company | Domicile of company | Footnote
495 | SGI SLP Feeder GP S.à.r.l. | Senningerberg |
496 | SGI SLP Feeder SCSp | Senningerberg |
497 | Singer Island Tower Suite LLC | Wilmington |
498 | Somkid Immobiliare S.r.l. | Conegliano |
499 | SP Mortgage Trust | Wilmington |
500 | SPV I Sociedad Anónima Cerrada | Lima |
501 | SPV II Sociedad Anónima Cerrada | Lima |
502 | Style City Limited | Dublin |
503 | Sunrise Turnaround Partners G.K. | Tokyo |
504 | Swabia 1 Designated Activity Company | Dublin |
505 | Swabia 1. Vermögensbesitz-GmbH | Frankfurt |
506 | Tagus - Sociedade de Titularização de Creditos, S.A. | Lisbon |
507 | Tasman NZ Residential Mortgage Trust | Auckland |
508 | Tech Venture Growth Portfolio, F.C.R. | Madrid |
509 | Tech Venture Growth S.C.R., S.A. | Madrid |
510 | Timing Chance Multi Asset Income | Frankfurt |
511 | Trave Properties S.à r.l., en faillite | Luxembourg |
512 | VCJ Lease S.à r.l. | Luxembourg |
513 | Vermögensfondmandat Flexible (80% teilgeschützt) | Luxembourg |
514 | Waltzfire Limited | Dublin |
515 | Wedverville Spain, S.L. | Madrid |
516 | Wendelstein 2017-1 UG (haftungsbeschränkt) | Frankfurt |
517 | 5353 WHMR LLC | Wilmington |
518 | Xtrackers (IE) Public Limited Company | Dublin | 5
519 | Xtrackers II | Luxembourg | 5
520 | Zumirez Drive LLC | Wilmington |

Serial No. | Footnotes - English
1 | Controlled.
2 | Status as shareholder with unlimited liability pursuant to Section 313 (2) Number 6 HGB.
3 | General Partnership.
4 | The company made use of the exemption offered by Section 264 No. 3 HGB.
5 | Only specified assets and related liabilities (silos) of this entity were consolidated.

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