Deal Name: Issuer: PB Consumer 2008-1 PB Consumer 2008-1 GmbH Steinweg 3-5 60313 Frankfurt am Main Germany fax: +49 (0)69 2992-5387 Seller of the Receivables: Servicer Name: Reporting Entity: Germany Contact Persons: Mr. Sven Thomas phone: +49 (0)69 78985-59312 Mr. Thomas Lippmann Administrator: Wilmington Trust SP Services GmbH Steinweg 3-5 60313 Frankfurt am Main Germany phone: +49 (0)69 2992-5385 fax: +49 (0)69 2992-5387 Basic Information Regarding the Notes Class Name Original Note Balance ISIN Fixed / Interest Base Spread Floating Current Rating Moody's Fitch S & P Class A Notes 997,700,000.00 DE000A0STMA5 Floating 1-Month Euribor 45 bps Aaa AAA AAA Class B Notes 18,600,000.00 DE000A0STMB3 Floating 1-Month Euribor 95 bps Aa2 AAA AA Class C Notes 30,200,000.00 DE000A0STMC1 Floating 1-Month Euribor 160 bps A1 AAA A Class D Notes 42,900,000.00 DE000A0STMD9 Floating 1-Month Euribor 260 bps Baa2 AA BBB Class E Notes 17,400,000.00 DE000A0STME7 Floating 1-Month Euribor 390 bps Ba2 A BB Class F Notes 53,300,000.00 DE000A0STMF4 Floating 1-Month Euribor 100 bps N.R. N.R. N.R. Liquidity Reserve Notes 8,300,000.00 DE000A0STMG2 Floating 1-Month Euribor -15 bps N.R. N.R. N.R. Page 1 / 22
Table of Contents Cover Sheet... 1 Table of Contents... 2 Deal Overview... 3 Poolinformation at Pool Cut... 3 Counterparties... 4 Future Rating Related Triggers... 5 Information Regarding the Notes... 6 Pro Rata Test Default Trigger...... 8 8 Liquidity Reserve Account... 8 Waterfall... 9 Set-Off Risk...10 Commingling Risk...10 Interest Rate Swap... 11 Run Out Schedule...11 Overview of the Asset Pool...14 Deficiency Events...14 Dunning Level...15 Prepayments...16 Pool Stratifications... 17 Page 2 / 22
Deal Overview Cut-Off Date: Issue Date: 30.11.2007 28.01.2008 Legal Maturity Date: 28.08.2021 Reporting Period: December 2010 Reporting Frequency: monthly Period No.: 36 Collection Period: 01.12.2010 until 31.12.2010 Deination Date: Reporting Date: Payment Date: Next Payment Date: 19.01.2011 21.01.2011 28.01.2011 28.02.2011 13th Business Day of each month (for previous Collection Period) 15th Business Day of each month (for previous Collection Period) 28th day of each calendar month following the relevant Deination Date Interest Accrual Period: 30.12.2010 (including) until 28.01.2011 (excluding) Poolinformation at Cut-Off Date Contract Type Number of Number of Original Gross Balance (*) Original Gross Balance Original Net Balance (**) Original Net Balance Postbank Privatkredit 131,588 93.53% 1,572,170,910.66 91.02% 1,501,928,717.40 90.99% - thereof insurance for death 68,485 52.05% 832,070,572.41 52.92% 774,543,033.62 51.57% - thereof insurance for inability to work 26,349 20.02% 320,707,301.87 20.40% 293,927,696.15 19.57% - thereof insurance for unemployment 5,177 3.93% 62,835,311.07 4.00% 54,711,081.18 3.64% - thereof no insurance 63,103 47.95% 740,100,338.25 47.08% 727,385,683.78 48.43% DSL Privatkredit 9,106 6.47% 155,045,738.05 8.98% 148,809,350.64 9.01% - thereof insurance for death 3,238 35.56% 57,666,497.81 37.19% 53,381,867.32 35.87% - thereof insurance for inability to work 2,052 22.53% 35,623,250.82 22.98% 32,749,675.06 22.01% - thereof insurance for unemployment 86 0.94% 1,749,146.11 1.13% 1,514,450.00 1.02% - thereof no insurance 5,868 64.44% 97,379,240.24 62.81% 95,427,483.32 64.13% Total 140,694 100.00% 1,727,216,648.71 100.00% 1,650,738,068.04 100.00% (*) Original Gross : including insurance premium and including upfront adminstration costs (**) Original Net : without insurance premium and without upfront adminstration costs Page 3 / 22
Counterparties Arranger: Name Royal Bank of Scotland Attn: Andrew Lewis FI Debt Capital Markets 135 Bishopsgate London, EC2M 3UR United Kingdom Moody's Short Long Rating Fitch Short Long Short S & P Long Joint Lead Manager: JP Morgan EMEA Securitised Products 125 London Wall London, EC2Y 5AJ United Kingdom Royal Bank of Scotland FI Debt Capital Markets 135 Bishopsgate London, EC2M 3UR United Kingdom Société Généralé SG House 41 Tower Hill London, EC3N 4SG United Kingdom Account Bank: Paying Agent : Banco Santander, S.A., Frankfurt Branch Eschersheimer Landstrasse 27 60322 Frankfurt am Main Germany BNP Paribas Securitisation Service, Frankfurt Branch Attn: Angela Faranda Europa-Allee 12 60327 Frankfurt am Main Germany P-1 Aa2 F1+ AA A-1+ AA Ratings of Banco Santander Headquarters, Madrid P-1 Aa2 F1+ AA- A-1+ AA Ratings of BNP Paribas Headquarters, Paris Listing Agent / Cash Manager: BNP Paribas Securitisation Service, Luxembourg Branch Attn: Jean-Francois Liegeois 33, Avenue de Gasperich, Howald-Hesperage L-2085 Luxembourg Luxembourg P-1 Aa2 F1+ AA- A-1+ AA Ratings of BNP Paribas Headquarters, Paris Swap Counterparty: Société Généralé Tour S.G. 17, Cours Valmy 97972 Paris La-Défense France P-1 Aa2 F1+ A+ A-1 A+ Security Trustee: Data Trustee: BNP Paribas Trust Corporation UK Limited Attn: Ian Hames 55, Moorgate London EC2R 6PA United Kingdom BNP Paribas Securitisation Service, Frankfurt Branch Attn: Angela Faranda Europa-Allee 12 60327 Frankfurt am Main Germany Page 4 / 22
Rating Agencies: Moody's Deutschland GmbH Attn: Monitoring An der Welle 5 60322 Frankfurt am Main Germany monitor.abs@moodys.com Fitch Ratings Limited Attn: Structured Finance Surveillance 4th Floor, 101 Finsbury Pavement London EC2A 1RS United Kingdom abssurveillance@fitchratings.com Standard & Poor's Attn: Structured Finance Surveillance Department 18 Finsbury Circus London EC2M 7NJ United Kingdom europeansurveillance@standardandpoors.com Rating of : Moody's Short Long Rating Fitch Short Long Short S & P Long P-1 A1 F1+ A+ A-1 A Future Rating Related Triggers: Set Off Risk: The Originator has agreed to within 5 (five) Business Days upon becoming aware thereof pay the Set-Off Risk Reserve Required Amount to the Issuer directly into the Set-Off Risk Reserve Account if the Originator's rating is reduced below BBB+ by S&P or BBB+ by Fitch or Baa3 by Moody s. Commingling Risk: In order to mitigate the Commingling Risk (i) the Servicer has undertaken to transfer the Collections received and cleared by it if the rating of the Servicer is below (a) BBB+ by S&P or F1 by Fitch or Baa1 by Moody s two Business Days after the day on which the funds are available on any of the Collection Accounts and (b) BBB- by S&P or Baa3 by Moody s on the day on which the funds are available on any of the Collection Accounts (taggleich) to the Operating Account and (ii) the Issuer may replace the Servicer inter alia if the Servicer becomes Insolvent. At the Servicer s rating being withdrawn or reduced below A2 by S&P or F2 by Fitch or Ba2 by Moody s the Servicer will without undue delay and not later than 15 (fifteen) Business Days after receipt of the written request of the Security Trustee (acting on behalf of the Issuer) (a) open the Second Collection Account with the Second Collection Account Bank; (b) pledge the Second Collection Account to the Security Trustee; (c) fund the Second Collection Account with the Commingling Risk Reserve Amount; and (d) either (x) instruct the Debtors to make all future payments due under the relevant Consumer Loan Agreement directly into the Second Collection Account or (y) ensure that all future payments due under the relevant Consumer Loan Agreement are debited (eingezogen) directly to the Second Collection Account. For the avoidance of doubt, in such case the Servicer will continue to transfer the Collections received and cleared by it on the day on which the funds are available on the Second Collection Account (taggleich) to the Operating Account. Page 5 / 22
Rating of the Notes Class Moody's Fitch S & P Original Current Original Current Original Current Class A Notes Aaa Aaa AAA AAA AAA AAA Class B Notes Aa2 Aa2 AA AAA AA AA Class C Notes A1 A1 A AAA A A Class D Notes Baa2 Baa2 BBB AA BBB BBB Class E Notes Ba2 Ba2 BB A BB BB Class F Notes N.R. N.R. N.R. N.R. N.R. N.R. Liquidity Reserve Notes N.R. N.R. N.R. N.R. N.R. N.R. Credit Enhancement of the Notes Class CE (*) as of Issue Date CE as of Issue Date CE as of CE as of Beginning of Beginning of Interest Accrual Interest Period Accrual Period CE as of Ending of Interest Accrual Period CE as of Ending of Interest Accrual Period Class A Notes 162,400,000.00 13.90% 70,308,404.56 33.99% 67,987,948.02 34.88% Class B Notes 143,800,000.00 12.31% 65,469,274.18 31.65% 63,524,762.70 32.59% Class C Notes 113,600,000.00 9.72% 57,612,191.52 27.85% 56,278,085.46 28.87% Class D Notes 70,700,000.00 6.05% 46,450,971.45 22.46% 45,983,964.48 23.59% Class E Notes 53,300,000.00 4.56% 41,924,043.03 20.27% 41,808,726.60 21.45% Class F Notes None None None (*) CE: Credit Enhancement Call Options Clean-up Call has the right to repurchase all of the Receivables if (a) the Aggregate Outstanding Amount represents less than 10 (ten) per cent. of the Aggregate Outstanding Amount as at the Issue Date; and (b) the Security Trustee has given its prior written consent to such repurchase; and (c) the Originator has reimbursed the Issuer's costs and expenses in respect of the repurchase of the Purchased Receivables. Regulatory Call has the right to repurchase all of the Receivables if any change in (i) the laws of the Federal Republic of Germany or the official interpretation or application of such laws occurs or (ii) any directive or any other ruling of the European Union or the official interpretation or application of such rulings or (iii) any accord, standard or recommendation of the Basel Committee on Banking Supervision or an official communication of previously not existing or not publicly available official interpretation of any such accord, standard or recommendation or a change in the official interpretation, implementation or application of any such accord, standard or recommendation occurs which becomes effective on or after the Issue Date and which, for reasons outside the control of the Originator and the Issuer would: (a) restrict the Issuer from performing any of its material obligations under any Note; or (b) with respect to the Originator result in a less favourable capital adequacy treatment of the transaction contemplated by the Transaction Documents compared to the situation that existed on the Issue Date immediately after the issue of the Notes; or (c) oblige the Issuer to make any tax withholdings or deductions for reasons of tax in respect of any payment on the Notes. Page 6 / 22
Information regarding the Payments to the Notes Interest Accrual Period: 30.12.2010 (including) until 28.01.2011 (excluding) Interest Base Rate Deination: 28.12.2010 1-Month EURIBOR Value: 0.804% Payment Date: 28.01.2011 Accrued days in the relevant Interest Accrual Period: 29 Day Count Convention: Currency: ACT/360 EUR Interest Payments to the Notes Class Beginning Balance of the Class Spread Current Interest Rate Number of Notes Interest paid per Note Interest paid per Class Unpaid Interest per Class Cumulated unpaid Interest per Class Class A Notes 125,163,560.22 45 bps 1.254% 9,977 12.67 126,408.59 0.00 0.00 Class B Notes 4,839,130.38 95 bps 1.754% 186 36.76 6,837.36 0.00 0.00 Class C Notes 7,857,082.66 160 bps 2.404% 302 50.38 15,214.76 0.00 0.00 Class D Notes 11,161,220.07 260 bps 3.404% 429 71.34 30,604.86 0.00 0.00 Class E Notes 4,526,928.42 390 bps 4.704% 174 98.59 17,154.66 0.00 0.00 Class F Notes 53,300,000.00 100 bps 1.804% 533 145.32 77,455.56 0.00 0.00 Liquidity Reserve Notes 5,000,000.00-15 bps 83 31.74 2,634.17 0.00 0.00 Payments to the Notes Class Original Balance of the Class Beginning Balance of the Class Distribution Ending Balance of the Class Current Bond Factor Class A Notes 997,700,000.00 125,163,560.22 9,723,783.74 115,439,776.48 0.11570590 Class B Notes 18,600,000.00 4,839,130.38 375,945.06 4,463,185.32 0.23995620 Class C Notes 30,200,000.00 7,857,082.66 610,405.42 7,246,677.24 0.23995620 Class D Notes 42,900,000.00 11,161,220.07 867,099.09 10,294,120.98 0.23995620 Class E Notes 17,400,000.00 4,526,928.42 351,690.54 4,175,237.88 0.23995620 Class F Notes 53,300,000.00 53,300,000.00 0.00 53,300,000.00 1.00000000 Liquidity Reserve Notes 8,300,000.00 5,000,000.00 0.00 5,000,000.00 0.60240964 Deficiency Ledger of the Notes Class Debited Balance at Beginning of Interest Accrual Debited Amount in Current Collection Credited Amount at Payment Date Debited Balance at End of Interest Accrual Class A Notes 0.00 0.00 0.00 0.00 Class B Notes 0.00 0.00 0.00 0.00 Class C Notes 0.00 0.00 0.00 0.00 Class D Notes 0.00 0.00 0.00 0.00 Class E Notes 0.00 0.00 0.00 0.00 Class F Notes 11,375,956.97 239,957.77 124,641.34 11,491,273.40 Page 7 / 22
Pro-Rata Test The Pro-Rata Test is passed, if all Subtests are passed This Periods result for the Pro-Rata Test: passed Subtest a Subtest b The ratio of the Aggregate Outstanding Class A Note Amount to the aggregate Note Amount of the outstanding Class B Notes, Class C Notes, Class D Notes and Class E Notes has at least halved in comparison to the same ratio calculated on the Closing Date. Trigger Value: <= 4.57 Current Value: 4.41 The Senior Deficiency Ledger (including the Senior Deficiency Sub-Ledgers) does not provide for a debit balance after the application of Issuer Receipts in accordance with the relevant Priority of Payments. Trigger Value: = 0.00 Current Value: 0.00 passed passed Subtest c The Liquidity Reserve Account Required Amount is paid up in full. passed Trigger Value: >= 5,000,000.00 Current Value: 5,000,000.00 Subtest d No Issuer Event of Default has occured. passed Subtest e No Default Trigger has occured on the preceding Collection Date. passed Trigger Value: <= 0.40 % Current Value: 0.12 % Subtest f The Aggregate Outstanding Note Amount exceeds 10% of the Initial Senior Note Amount. passed Trigger Value: > 10.00 % Current Value: 18.06 % Default Trigger Collection Period Collection Period - 1 Collection Period - 2 December 2010 November 2010 October 2010 Σ Current Value = 239,957.77 216,276.50 313,392.97 ) = Σ 195,641,769.42 207,942,135.90 220,983,130.86 ) 0.12% Default Trigger occurs when the Default Ratio is equal to or higher than 0.40%. Current Trigger Result: passed Liquidity Reserve Account Liquidity Reserve at Beginning of Period: Repaid / Drawn in Interest Period: Liquidity Reserve at Ending of Period: 5,000,000.00 0.00 5,000,000.00 Page 8 / 22
Waterfall Pro Rata Payment - Prior to Enforcement Notice Revenue Available (a) Interest paid in respect of a Purchased Receivable 988,581.84 (b) Interest Servicer Revoked Amount Advances 0.00 (c) Recoveries Available 55,938.46 (d) Liquidity Reserve Note Revenue Amount 2,634.17 (e) Netted Amounts paid by the Interest Swap Counterparty 0.00 (f) Amounts standing to the credit of the Operating Account 1,228.84 (g) Revenue Shortfall Amount for the relevant Interest Accrual Period 0.00 Total Revenue Available Amount 1,048,383.31 Priority of Payments in respect of revenue (i) Obligation of the Issuer 0.00 (ii) Fees and Expenses to be paid to the Security Trustee in an Amount of up to (and including) the Security Trustee Fee Cap 10,000.00 (iii) Liquidity Reserve Top Up Amount 0.00 (iv) Any Interest Servicer Revoked Amount Advances repayable to the Servicer 0.00 (v) Administrative Expenses in an amount of up to (and including) the Administrative Expenses Cap 137,327.85 (vi) Netted Amounts due under the Interest Swap 500,104.16 (vii) Liquidity Reserve Note Revenue Amount 2,634.17 (viii) Interest Class A 126,408.59 (ix) Credit Amount to Class A Deficiency Sub Ledger 0.00 (x) Interest Class B 6,837.36 (xi) Credit Amount to Class B Deficiency Sub Ledger 0.00 (xii) Interest Class C 15,214.76 (xiii) Credit Amount to Class C Deficiency Sub Ledger 0.00 (xiv) Interest Class D 30,604.86 (xv) Credit Amount to Class D Deficiency Sub Ledger 0.00 (xvi) Interest Class E 17,154.66 (xvii) Credit Amount to Class E Deficiency Sub Ledger 0.00 (xviii) Liquidity Reserve Ramp Up Amount 0.00 (xix) Issuer Close Out Payment Obligation 0.00 (xx) Interest Class F 77,455.56 (xxi) Credit Amount to Class F Deficiency Sub Ledger 124,641.34 (xxii) Any Damages payable to a party under a Transaction Document 0.00 (xxiii) Success Fee to the Originator 0.00 (xxiv) Transaction gain 0.00 Total Revenues Paid 1,048,383.31 Available Amount (a) Repayment and prepayment of principal in respect of a Purchased Receivable 11,804,285.62 (b) Amounts to be received by payments of a Non-Eligible Receivable Repurchase Price 0.00 (c) Liquidity Reserve Account Release Amount 0.00 (d) Amounts to be received by Servicer Revoked Amount Advances 0.00 (e) Amounts to be credited to the Deficiency Ledger 124,641.34 Total Available Amount 11,928,926.96 Priority of Payments in respect of principal (i) Servicer Revoked Amount Advances 0.00 (ii) Liquidity Reserve Account Release Amount 0.00 (iii) amounts due under Class A Note 9,723,783.74 (iv) amounts due under Class B Note 375,945.06 (v) amounts due under Class C Note 610,405.42 (vi) amounts due under Class D Note 867,099.09 (vii) amounts due under Class E Note 351,690.54 (viii) amounts due under Class F Note 0.00 (ix) Amounts paid to the Operating Account 3.11 Total Paid 11,928,926.96 Page 9 / 22
Set-Off Risk Current Rating Moody's Fitch S&P Set-Off Risk Release Rating means simultanious ratings of BBB+ or better by S&P and BBB+ or better by Fitch and Baa3 or better by Moody's A1 A+ A passed Set-Off Risk Reserve (in case Postbank's long rating is below the Set-Off Risk Rating) Set-Off Risk Reserve at Beginning of Collection Period Rise / Fall in Collection Period Set-Off Risk Reserve at Ending of Collection Period The Maximum of the following values % of Aggregate 3.52% 3.62% Value 6,883,804.17-237,044.59 6,646,759.58 (i) The aggregate of the Debtor Set-Off Potential for all Debtors on the relevant Collection Date and the Product of 0.015 and 2.9 and the aggregate of the Outstanding Amount of all Purchased Receivables in the Linked Contracts Portfolio. (ii) The Sum of the aggregate of the Debtor Set-Off Potential for all Debtors on the last three relevant Collection Dates divided by three and the Product of 0.015 and 2.9 and the aggregate of the Outstanding Amount of all Purchased Receivables in the Linked Contracts Portfolio. 6,543,969.42 6,646,759.58 Commingling Risk Servicer s rating being withdrawn or reduced below A-2 by S&P or F2 by Fitch or Ba2 by Moody s (Required Servicer Level 3 Rating) Current Rating Moody's Fitch S&P A1 F1+ A-1 passed Commingling Risk Reserve (in case Postbank's long rating is below the Required Servicer Level 3 Rating) The Commingling Risk Reserve ist calculated as 1.5% of the Aggregate Outstanding Amount with a maximum of EUR 25,000,000 and a minimum of EUR 8,000,000. Value Commingling Risk Reserve at Beginning of Collection Period 8,000,000.00 Rise / Fall in Collection Period Commingling Risk Reserve at Ending of Collection Period 0.00 8,000,000.00 Page 10 / 22
Interest Rate Swap Period Days Accrued No. in Interest Period Notes Amount of Hedged Notes Debit Balance on the Deficiency Ledger Swap Outstanding Amount Fix Payment Floating Payment Net Payment 1 31 1,160,100,000.00 0.00 1,160,100,000.00 3,975,920.50 4,174,716.53 198,796.03 2 29 1,112,617,676.44 19,175.23 1,112,598,501.21 3,567,114.42 3,750,847.70 183,733.28 3 31 1,066,041,632.96 44,345.89 1,065,997,287.07 3,653,409.59 4,016,914.67 363,505.08 4 30 1,022,464,690.98 266,347.86 1,022,198,343.12 3,390,291.17 3,736,134.94 345,843.77 5 33 977,147,560.66 552,087.37 976,595,473.29 3,562,945.82 3,915,659.55 352,713.73 6 28 933,603,742.32 729,494.76 932,874,247.56 2,887,764.06 3,241,116.09 353,352.03 7 31 890,729,480.45 1,025,129.38 889,704,351.07 3,049,214.52 3,434,580.08 385,365.56 8 32 847,436,184.58 1,128,106.82 846,308,077.76 2,994,049.91 3,373,948.20 379,898.29 9 29 807,398,483.58 1,567,478.81 805,831,004.77 2,583,583.74 3,230,777.96 647,194.22 10 31 771,221,682.04 2,076,846.10 769,144,835.94 2,636,030.27 3,051,304.39 415,274.12 11 31 735,920,661.56 2,553,352.74 733,367,308.82 2,513,412.74 2,142,084.42-371,328.32 12 30 703,662,925.39 3,282,275.70 700,380,649.69 2,322,929.15 1,600,953.44-721,975.71 13 30 673,394,603.02 3,475,988.35 669,918,614.67 2,221,896.74 1,011,577.11-1,210,319.63 14 31 643,485,452.65 3,868,231.27 639,617,221.38 2,192,110.35 855,363.66-1,336,746.69 15 29 613,827,612.80 4,371,147.55 609,456,465.25 1,953,985.14 567,048.45-1,386,936.69 16 30 586,145,494.41 4,819,298.32 581,326,196.09 1,928,065.22 483,954.06-1,444,111.16 17 32 558,451,737.59 5,122,433.70 553,329,303.89 1,957,556.12 461,845.53-1,495,710.59 18 29 531,375,714.98 4,942,466.98 526,433,248.00 1,687,803.49 351,130.98-1,336,672.51 19 31 506,451,173.53 5,360,051.97 501,091,121.56 1,717,350.63 238,616.81-1,478,733.82 20 31 481,717,312.99 5,817,320.00 475,899,992.99 1,631,015.03 200,803.36-1,430,211.67 21 30 459,250,102.54 6,470,063.50 452,780,039.04 1,501,720.46 167,151.30-1,334,569.16 22 33 436,545,336.68 6,969,828.89 429,575,507.79 1,567,234.64 168,536.79-1,398,697.85 23 30 415,458,141.51 7,494,143.58 407,963,997.93 1,353,080.59 148,906.86-1,204,173.73 24 29 395,536,020.37 7,926,396.84 387,609,623.53 1,242,719.52 147,690.03-1,095,029.49 25 29 375,928,469.34 8,369,590.11 367,558,879.23 1,178,434.61 126,133.96-1,052,300.65 26 31 358,023,064.10 8,885,935.30 349,137,128.80 1,196,570.53 125,669.97-1,070,900.56 27 30 340,510,691.84 9,202,556.88 331,308,134.96 1,098,838.64 110,436.04-988,402.60 28 30 322,854,237.16 9,435,943.62 313,418,293.54 1,039,504.00 105,517.49-933,986.51 29 31 306,173,899.63 9,762,020.53 296,411,879.10 1,015,869.38 108,733.76-907,135.62 30 30 290,153,163.70 10,020,936.74 280,132,226.96 929,105.22 107,150.58-821,954.64 31 34 274,371,707.26 10,268,757.64 264,102,949.62 992,733.65 158,388.41-834,345.24 32 28 259,183,138.56 10,640,406.60 248,542,731.96 769,377.83 120,819.38-648,558.45 33 30 245,167,480.20 10,811,898.03 234,355,582.17 777,279.35 120,693.12-656,586.23 34 32 231,785,693.16 10,972,493.04 220,813,200.12 781,188.03 164,677.58-616,510.45 35 31 219,007,083.79 11,234,822.86 207,772,260.93 712,081.71 142,953.09-569,128.62 36 29 206,847,921.75 11,375,956.97 195,471,964.78 626,704.84 126,600.68-500,104.16 Swap Fixed Rate: 3.98% Run Out Schedule Collection Period Outstanding Balance Beginning of Collection Period Average Interest Rate Outstanding Balance Ending of Collection Period Average Interest Rate Arrears Nov 2010 Dec 2010 Jan 2011 Feb 2011 Mar 2011 Apr 2011 May 2011 323,201.45 1,142 227,646.28 721 195,318,567.97 42,203 6.05% 0.00 - - % 186,707,554.44 41,744 6.06% 183,369,879.75 40,354 6.06% 178,344,909.48 40,850 6.06% 175,159,096.60 40,154 6.06% 170,132,198.95 39,813 6.07% 167,095,336.28 39,132 6.07% 162,095,973.76 38,691 6.07% 159,205,966.38 38,020 6.07% 154,258,243.86 37,555 6.08% 151,513,201.36 36,905 6.08% 146,631,222.06 36,321 6.09% 144,026,544.20 35,692 6.09% Page 11 / 22
Collection Period Outstanding Balance Beginning of Collection Period Average Interest Rate Outstanding Balance Ending of Collection Period Average Interest Rate Jun 2011 Jul 2011 Aug 2011 Sep 2011 Oct 2011 Nov 2011 Dec 2011 Jan 2012 Feb 2012 Mar 2012 Apr 2012 May 2012 Jun 2012 Jul 2012 Aug 2012 Sep 2012 Oct 2012 Nov 2012 Dec 2012 Jan 2013 Feb 2013 Mar 2013 Apr 2013 May 2013 Jun 2013 Jul 2013 Aug 2013 Sep 2013 Oct 2013 Nov 2013 Dec 2013 Jan 2014 Feb 2014 Mar 2014 Apr 2014 May 2014 Jun 2014 Jul 2014 Aug 2014 Sep 2014 Oct 2014 Nov 2014 Dec 2014 Jan 2015 Feb 2015 Mar 2015 Apr 2015 May 2015 Jun 2015 Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015 Jan 2016 Feb 2016 Mar 2016 Apr 2016 May 2016 Jun 2016 Jul 2016 Aug 2016 Sep 2016 Oct 2016 139,229,666.82 35,091 6.09% 136,761,410.22 34,488 6.09% 132,048,050.94 34,010 6.10% 129,711,574.23 33,424 6.10% 125,063,415.83 32,910 6.11% 122,854,390.24 32,338 6.11% 118,274,524.14 31,851 6.11% 116,191,378.41 31,295 6.11% 111,669,484.51 30,846 6.12% 109,709,150.05 30,312 6.12% 105,259,834.10 29,724 6.13% 103,417,795.57 29,219 6.13% 99,052,247.41 28,833 6.14% 97,323,415.58 28,343 6.14% 93,011,390.25 27,896 6.14% 91,393,525.00 27,415 6.14% 87,142,539.56 26,937 6.15% 85,633,461.01 26,487 6.15% 81,446,164.59 25,940 6.16% 80,041,930.03 25,500 6.16% 75,938,019.42 24,888 6.17% 74,636,235.25 24,472 6.17% 70,633,648.47 23,735 6.18% 69,429,521.56 23,338 6.18% 65,550,979.37 22,640 6.20% 64,441,864.10 22,258 6.20% 60,673,988.95 21,705 6.21% 59,653,732.92 21,347 6.21% 55,984,218.29 20,672 6.22% 55,047,992.76 20,329 6.22% 51,496,273.76 19,786 6.24% 50,641,667.89 19,450 6.24% 47,191,858.17 18,754 6.25% 46,417,020.51 18,432 6.25% 43,101,999.33 17,678 6.27% 42,403,416.08 17,379 6.27% 39,232,193.67 16,806 6.29% 38,604,126.69 16,529 6.29% 35,533,537.78 16,052 6.30% 34,972,182.16 15,782 6.30% 32,001,805.64 15,184 6.32% 31,504,076.23 14,929 6.32% 28,653,552.19 14,399 6.34% 28,215,437.01 14,161 6.34% 25,480,402.23 13,513 6.37% 25,097,738.28 13,291 6.37% 22,509,529.45 12,444 6.40% 22,178,195.52 12,235 6.39% 19,767,368.44 11,425 6.42% 19,485,736.05 11,231 6.42% 17,250,732.83 10,362 6.45% 17,015,332.76 10,188 6.45% 14,966,886.11 9,310 6.48% 14,772,157.35 9,156 6.48% 12,908,489.03 8,409 6.50% 12,749,934.91 8,272 6.50% 11,061,580.68 7,423 6.53% 10,934,268.74 7,302 6.53% 9,434,465.71 6,382 6.54% 9,335,801.50 6,277 6.54% 8,032,786.85 5,677 6.54% 7,959,003.04 5,589 6.54% 6,794,212.75 4,982 6.54% 6,740,750.60 4,905 6.54% 5,717,628.59 4,256 6.54% 5,682,343.81 4,190 6.54% 4,807,102.72 3,508 6.53% 4,788,496.40 3,454 6.53% 4,064,821.58 2,683 6.51% 4,060,220.81 2,646 6.51% 3,514,855.15 1,736 6.50% 3,519,046.37 1,725 6.50% 3,181,257.87 896 6.49% 3,186,472.39 905 6.49% 3,009,453.76 817 6.48% 3,011,605.27 831 6.48% 2,855,568.98 760 6.48% 2,855,788.64 766 6.47% 2,714,985.36 726 6.47% 2,713,849.73 732 6.47% 2,584,392.81 683 6.47% 2,581,916.83 689 6.47% 2,463,329.36 651 6.48% 2,459,901.94 655 6.47% 2,349,898.83 619 6.48% 2,345,687.96 624 6.48% 2,241,508.01 595 6.48% 2,236,719.97 599 6.48% 2,136,543.90 576 6.48% 2,131,275.83 581 6.48% 2,036,059.19 556 6.49% 2,029,939.39 559 6.48% 1,939,765.43 542 6.49% 1,933,136.23 544 6.49% 1,845,371.11 530 6.50% 1,838,716.52 531 6.49% 1,753,267.63 515 6.50% 1,746,616.57 516 6.50% 1,664,067.12 498 6.51% 1,657,514.77 498 6.50% 1,576,921.39 485 6.51% 1,570,473.45 485 6.51% 1,492,958.34 468 6.52% 1,486,482.30 469 6.52% 1,413,603.92 445 6.53% 1,406,212.91 449 6.53% 1,339,005.13 427 6.54% 1,330,435.75 430 6.54% 1,267,845.39 404 6.55% 1,258,080.58 408 6.55% 1,202,705.21 381 6.56% 1,191,817.27 384 6.56% 1,141,952.13 360 6.57% 1,130,172.39 364 6.57% 1,085,400.81 345 6.58% 1,072,745.41 348 6.57% 1,032,914.02 321 6.59% 1,019,358.95 326 6.58% 983,739.43 306 6.60% 969,201.65 311 6.60% 936,496.79 291 6.61% 920,971.13 296 6.61% 891,915.77 275 6.62% 875,397.07 280 6.62% 850,339.48 254 6.63% 832,734.07 261 6.63% 812,137.02 238 6.64% 793,277.71 245 6.63% 776,828.08 229 6.64% 756,771.10 234 6.64% Page 12 / 22
Collection Period Outstanding Balance Beginning of Collection Period Average Interest Rate Outstanding Balance Ending of Collection Period Average Interest Rate Nov 2016 744,600.64 210 6.65% 723,457.05 215 6.65% Dec 2016 714,586.51 195 6.66% 692,350.70 200 6.66% Jan 2017 687,320.28 181 6.66% 663,986.64 186 6.66% Feb 2017 661,936.63 169 6.67% 637,478.27 175 6.67% Mar 2017 638,480.62 160 6.67% 612,883.04 166 6.67% Apr 2017 616,191.60 156 6.67% 589,561.10 161 6.68% May 2017 594,692.49 149 6.67% 567,052.07 153 6.68% Jun 2017 574,344.28 140 6.67% 545,865.49 143 6.68% Jul 2017 555,434.10 132 6.67% 526,380.10 134 6.68% Aug 2017 537,556.86 122 6.67% 507,953.20 121 6.68% Sep 2017 520,806.46 119 6.66% 490,765.02 119 6.68% Oct 2017 504,172.23 118 6.66% 473,763.39 115 6.68% Nov 2017 487,786.01 116 6.66% 457,391.75 112 6.68% Dec 2017 471,788.64 113 6.66% 441,284.89 110 6.68% Jan 2018 456,211.35 110 6.66% 425,564.17 107 6.68% Feb 2018 441,303.42 107 6.66% 410,512.10 104 6.68% Mar 2018 427,014.59 101 6.67% 396,078.44 98 6.68% Apr 2018 413,320.90 100 6.67% 382,239.23 97 6.69% May 2018 400,011.59 100 6.67% 368,783.71 97 6.69% Jun 2018 386,672.27 99 6.68% 355,297.48 96 6.70% Jul 2018 374,007.43 96 6.68% 342,485.01 93 6.71% Aug 2018 362,076.42 93 6.69% 330,430.54 89 6.71% Sep 2018 350,783.71 87 6.69% 319,267.82 81 6.72% Oct 2018 340,080.91 85 6.69% 309,116.05 80 6.72% Nov 2018 329,561.63 83 6.70% 299,051.63 78 6.73% Dec 2018 319,530.47 80 6.70% 289,477.72 75 6.73% Jan 2019 309,653.49 80 6.71% 280,060.39 75 6.74% Feb 2019 300,268.97 76 6.71% 271,137.95 71 6.75% Mar 2019 291,479.51 74 6.72% 262,813.01 69 6.75% Apr 2019 282,948.54 71 6.73% 254,748.99 66 6.76% May 2019 274,613.12 69 6.74% 246,860.95 65 6.77% Jun 2019 266,661.60 67 6.74% 239,356.25 63 6.78% Jul 2019 258,904.35 67 6.75% 232,048.20 63 6.79% Aug 2019 251,330.01 63 6.76% 224,925.45 59 6.80% Sep 2019 244,003.76 62 6.76% 218,053.20 58 6.81% Oct 2019 236,813.18 59 6.77% 211,319.05 55 6.81% Nov 2019 229,927.33 56 6.78% 204,940.75 51 6.82% Dec 2019 223,236.01 55 6.78% 198,781.05 50 6.83% Jan 2020 216,769.27 54 6.79% 192,848.82 49 6.84% Feb 2020 210,447.41 54 6.79% 187,064.40 49 6.84% Mar 2020 204,192.47 53 6.80% 181,349.83 48 6.85% Apr 2020 198,125.90 51 6.81% 175,705.65 47 6.86% May 2020 192,115.24 50 6.81% 170,040.53 46 6.87% Jun 2020 186,094.02 50 6.82% 164,366.58 46 6.88% Jul 2020 180,039.83 50 6.83% 158,661.40 46 6.89% Aug 2020 174,063.81 48 6.84% 153,036.15 44 6.90% Sep 2020 168,303.05 47 6.85% 147,627.92 43 6.91% Oct 2020 162,860.13 45 6.85% 142,539.30 41 6.92% Nov 2020 157,646.44 45 6.86% 137,681.71 41 6.92% Dec 2020 0.00 - - % 133,015.18 40 6.93% Increases in principal, number of loans and maximum runout are due to restructuring of the loans Page 13 / 22
Overview of the Asset Pool Beginning of Collection Period End of Term in Collection Period Fully Prepaid in Collection Period 43,345 1,663 566 Outstanding 718,293.26 2,652,054.11 195,641,769.42 Partially Prepaid in Collection Period 51 53,121.42 Scheduled Payments in Collection Period 8,380,816.83 Total Payments in Collection Period 11,804,285.62 Non-Eligible in Collection Period 0 0.00 Deficiency Event in Collection Period 41 239,957.77 Ending of Collection Period 41,075 183,597,526.03 Thereof Delinquent 800 4,948,914.90 Distribution by Former Arrears Arrears in the Past Not at any time 33,403 81.32% 144,461,305.64 78.68% At least once 7,672 18.68% 39,136,220.39 21.32% Distribution by Dunning Level and Deficiency Event* Current Collection Period Delinquent Receivables 800 4,948,914.90 Receivables for which a Deficiency Event* has occured (less recoveries) 1,940 16,552,251.25 (*) Debtor Insolvency, liquidation or commencement of insolvency proceedings against the Debtor of such Purchased Receivable; or ination (Kündigung) of the corresponding Consumer Loan Agreement. Deficiency Events* by Contract Type Contract Type Outstanding at Day of Default Total Recoveries Available Outstanding End of Collection Period Postbank-Privatkredit 1,695 13,518,453.03 630,339.05 12,888,113.98 DSL-Privatkredit 245 3,828,567.48 164,430.21 3,664,137.27 (*) Debtor Insolvency, liquidation or commencement of insolvency proceedings against the Debtor of such Purchased Receivable; or ination (Kündigung) of the corresponding Consumer Loan Agreement. Page 14 / 22
Cumulated Deficiency Events* Collection Period (% of Cut-Off ) Deficiency Amount Deficiency Amount (% of Cut-Off ) January 2008 1 0.00% 19,175.23 0.00% February 2008 4 0.00% 25,170.66 0.00% March 2008 26 0.02% 222,001.97 0.02% April 2008 34 0.02% 371,519.31 0.03% May 2008 24 0.02% 249,618.12 0.02% June 2008 53 0.04% 659,686.10 0.05% July 2008 48 0.03% 410,822.82 0.03% August 2008 51 0.04% 439,371.99 0.04% September 2008 70 0.05% 766,460.31 0.06% October 2008 56 0.04% 697,870.75 0.06% November 2008 95 0.07% 948,413.79 0.08% December 2008 47 0.03% 453,135.10 0.04% January 2009 66 0.05% 648,913.42 0.05% February 2009 73 0.05% 699,599.42 0.06% March 2009 94 0.07% 722,678.70 0.06% April 2009 56 0.04% 506,364.44 0.04% May 2009 54 0.04% 557,507.03 0.05% June 2009 68 0.05% 668,767.10 0.06% July 2009 63 0.04% 554,079.61 0.05% August 2009 91 0.06% 788,456.77 0.07% September 2009 79 0.06% 643,511.99 0.05% October 2009 59 0.04% 524,314.69 0.04% November 2009 60 0.04% 647,936.36 0.05% December 2009 69 0.05% 648,159.24 0.05% January 2010 76 0.05% 715,776.41 0.06% February 2010 67 0.05% 443,272.93 0.04% March 2010 53 0.04% 373,851.65 0.03% April 2010 51 0.04% 459,623.61 0.04% May 2010 51 0.04% 353,097.94 0.03% June 2010 55 0.04% 385,322.67 0.03% July 2010 46 0.03% 371,648.96 0.03% August 2010 46 0.03% 349,185.40 0.03% September 2010 32 0.02% 252,078.78 0.02% October 2010 51 0.04% 313,392.97 0.03% November 2010 30 0.02% 216,276.50 0.02% December 2010 41 0.03% 239,957.77 0.02% 1,940 1.38% 17,347,020.51 1.44% (*) Debtor Insolvency, liquidation or commencement of insolvency proceedings against the Debtor of such Purchased Receivable; or ination (Kündigung) of the corresponding Consumer Loan Agreement. Page 15 / 22
Distribution by Dunning Level at Ending of Collection Period Dunning Level (*) Arrears Interest Arrears None 40,275 98.05% 178,648,611.13 97.30% 3,931.49 21,876.83 Dunning Level 1 32 0.08% 192,021.49 0.10% 191.64 4,818.72 Dunning Level 2 317 0.77% 1,792,612.81 0.98% 7,862.74 42,343.68 Dunning Level 3 244 0.59% 1,415,195.80 0.77% 6,444.02 37,132.37 Dunning Level 4 35 0.09% 194,325.42 0.11% 1,466.95 9,308.32 Dunning Level 5 172 0.42% 1,354,759.38 0.74% 20,382.63 112,166.36 40,279.47 227,646.28 (*) Dunning Levels according to Postbank's dunning level matrix, i.e. dunning level 2 for 15 days after due date until dunning level 5 which is reached 60 days after the due date. Consumer Loan Receivables which fulfil the ination criteria according to Section 489 of the German Civil Code and which are in dunning level 4 or 5 are inated by Postbank Dunning Levels - History % of of the Pool 2,00% 1,60% 1,20% 0,80% 0,40% 0,00% 30.11.2007 31.12.2007 31.01.2008 29.02.2008 31.03.2008 30.04.2008 31.05.2008 30.06.2008 31.07.2008 31.08.2008 30.09.2008 31.10.2008 30.11.2008 31.12.2008 31.01.2009 28.02.2009 31.03.2009 30.04.2009 31.05.2009 30.06.2009 31.07.2009 31.08.2009 Prepayments by Interest Rate paid by the Borrower Interest Rate paid by the Borrower Collection Period 30.09.2009 31.10.2009 30.11.2009 31.12.2009 31.01.2010 28.02.2010 31.03.2010 30.04.2010 31.05.2010 30.06.2010 31.07.2010 31.08.2010 30.09.2010 31.10.2010 30.11.2010 31.12.2010 31.01.2011 Prepaid Amount in Collection Period Dunning Level 1 Dunning Level 2 Dunning Level 3 Dunning Level 4 Dunning Level 5 Prepaid Amount in Collection Period ]4.5 % - 5 %] 119 19.29% 546,269.69 20.19% ]5 % - 5.5 %] 142 23.01% 541,658.13 20.02% ]5.5 % - 6 %] 81 13.13% 474,044.60 17.52% ]6 % - 6.5 %] 25 4.05% 64,704.90 2.39% ]6.5 % - 7 %] 131 21.23% 481,528.40 17.80% ]7 % - 7.5 %] 96 15.56% 545,110.35 20.15% ]7.5 % - 8 %] 11 1.78% 34,011.37 1.26% ]8 % - 8.5 %] 1 0.16% 2,953.43 0.11% ]8.5 % - 9 %] 6 0.97% 7,372.70 0.27% ]9 % - 9.5 %] 5 0.81% 7,521.96 0.28% 617 100.00% 2,705,175.53 100.00% Page 16 / 22
Prepayments by Postbank Internal Rating Postbank Internal Rating (*) Prepaid Amount in Collection Period Prepaid Amount in Collection Period AAA - A 21 3.40% 86,368.03 3.19% BBB - B 581 94.17% 2,604,808.88 96.29% N/A 15 2.43% 13,998.62 0.52% 617 100.00% 2,705,175.53 100.00% Historic Prepayments Cumulated Collection Period Prepayments in Collection Period Prepayments in Collection Period (% of Cut-Off ) Cummulated Prepayments Cummulated Prepayments (% of Cut-Off ) January 2008 21,842,798.49 1.819% 21,842,798.49 1.819% February 2008 20,002,888.91 1.666% 41,845,687.40 3.485% March 2008 17,504,288.91 1.458% 59,349,976.31 4.943% April 2008 20,268,836.67 1.688% 79,618,812.98 6.632% May 2008 18,719,129.58 1.559% 98,337,942.56 8.191% June 2008 17,027,243.98 1.418% 115,365,186.54 9.609% July 2008 18,270,070.45 1.522% 133,635,256.99 11.131% August 2008 17,001,531.31 1.416% 150,636,788.30 12.547% September 2008 13,783,383.65 1.148% 164,420,171.95 13.695% October 2008 13,099,498.90 1.091% 177,519,670.85 14.786% November 2008 10,952,626.04 0.912% 188,472,296.89 15.699% December 2008 10,097,799.03 0.841% 198,570,095.92 16.540% January 2009 10,161,055.98 0.846% 208,731,151.90 17.386% February 2009 10,595,172.88 0.883% 219,326,324.78 18.268% March 2009 9,051,107.99 0.754% 228,377,432.77 19.022% April 2009 9,268,979.78 0.772% 237,646,412.55 19.794% May 2009 8,631,980.42 0.719% 246,278,392.97 20.513% June 2009 8,130,948.83 0.677% 254,409,341.80 21.191% July 2009 8,027,642.07 0.669% 262,436,983.87 21.859% August 2009 6,224,075.47 0.518% 268,661,059.34 22.378% September 2009 6,867,540.96 0.572% 275,528,600.30 22.950% October 2009 6,375,955.83 0.531% 281,904,556.13 23.481% November 2009 5,435,521.84 0.453% 287,340,077.97 23.934% December 2009 5,159,443.17 0.430% 292,499,521.14 24.363% January 2010 4,345,851.49 0.362% 296,845,372.63 24.725% February 2010 4,347,017.52 0.362% 301,192,390.15 25.087% March 2010 4,734,203.94 0.394% 305,926,594.09 25.482% April 2010 4,272,925.20 0.356% 310,199,519.29 25.838% May 2010 3,938,487.46 0.328% 314,138,006.75 26.166% June 2010 4,137,956.33 0.345% 318,275,963.08 26.510% July 2010 4,426,916.14 0.369% 322,702,879.22 26.879% August 2010 3,537,432.74 0.295% 326,240,311.96 27.174% September 2010 3,304,698.36 0.275% 329,545,010.32 27.449% October 2010 3,250,027.32 0.271% 332,795,037.64 27.720% November 2010 3,016,369.48 0.251% 335,811,407.12 27.971% December 2010 2,705,175.53 0.225% 338,516,582.65 28.196% Page 17 / 22
Distribution by Contract Type Contract Type Postbank-Privatkredit 36,888 89.81% 156,508,066.83 85.25% DSL-Privatkredit 4,187 10.19% 27,089,459.20 14.75% Distribution by Distribution Channel Distribution Channel Loan Internet 15,083 36.72% 63,364,217.21 34.51% Postbank Branch 12,977 31.59% 57,062,166.17 31.08% Call Center 8,597 20.93% 35,508,526.46 19.34% Others 4,418 10.76% 27,662,616.19 15.07% Distribution by Employment Status Employment Status Employee 26,840 65.34% 125,203,246.38 68.19% Civil Servant / Employee at Public Service 8,139 19.81% 34,889,508.38 19.00% Other 6,096 14.84% 23,504,771.27 12.80% Distribution by Borrowers Borrowers Sole Borrower 27,658 67.34% 112,799,863.17 61.44% Co-Borrowers 13,417 32.66% 70,797,662.86 38.56% Distribution by Domicile of the Borrower Domicile of the Borrower Rent 23,947 58.30 % 106,490,696.36 58.00 % Ownership 11,056 26.92 % 46,313,843.86 25.23 % Other 6,072 14.78 % 30,792,985.81 16.77 % 41,075 100.00 % 183,597,526.03 100.00 % Page 18 / 22
Distribution by Postbank Internal Rating Postbank Internal Rating (*) AAA - A 1,719 4.19% 7,153,381.34 3.90% BBB - B 38,013 92.55% 175,231,801.73 95.44% N/A 1,343 3.27% 1,212,342.96 0.66% (*) The loans where the Postbank internal Rating ist not available were originated before the introduction of a scorecard / rating model at. Distribution by Current Current ]0-5,000] 27,727 67.50% 61,158,470.36 33.31% ]5,000-10,000] 9,258 22.54% 64,233,162.97 34.99% ]10,000-15,000] 2,815 6.85% 33,876,168.08 18.45% ]15,000-20,000] 888 2.16% 15,106,222.72 8.23% ]20,000-25,000] 275 0.67% 6,065,888.49 3.30% ]25,000-30,000] 88 0.21% 2,371,899.39 1.29% ]30,000-35,000] 20 0.05% 640,528.70 0.35% ]35,000-40,000] 4 0.01% 145,185.32 0.08% Minimum Current 2.44 Maximum Current 37,742.98 Current 4,469.81 Page 19 / 22
Distribution by Original Original ]0-5,000] 1,391 3.39% 1,326,422.90 0.72% ]5,000-10,000] 12,863 31.32% 23,554,865.75 12.83% ]10,000-15,000] 11,204 27.28% 38,571,413.45 21.01% ]15,000-20,000] 6,557 15.96% 33,411,636.45 18.20% ]20,000-25,000] 4,038 9.83% 28,054,394.08 15.28% ]25,000-30,000] 2,546 6.20% 22,803,750.64 12.42% ]30,000-35,000] 1,152 2.80% 13,844,451.14 7.54% ]35,000-40,000] 576 1.40% 8,349,088.12 4.55% ]40,000-45,000] 373 0.91% 6,014,562.29 3.28% ]45,000-50,000] 153 0.37% 2,974,277.08 1.62% ]50,000-75,000] 222 0.54% 4,692,664.13 2.56% Minimum Original 2,550.00 Maximum Original 62,209.63 Original 14,184.78 Distribution by Interest Rate paid by the Borrower Interest Rate paid by the Borrower ]4.5 % - 5 %] 9,023 21.97% 40,603,952.48 22.12% ]5 % - 5.5 %] 9,076 22.10% 31,241,446.12 17.02% ]5.5 % - 6 %] 4,565 11.11% 29,352,984.70 15.99% ]6 % - 6.5 %] 2,435 5.93% 11,330,726.24 6.17% ]6.5 % - 7 %] 8,686 21.15% 35,252,169.84 19.20% ]7 % - 7.5 %] 5,012 12.20% 28,522,167.84 15.54% ]7.5 % - 8 %] 925 2.25% 4,621,143.99 2.52% ]8 % - 8.5 %] 133 0.32% 450,489.21 0.25% ]8.5 % - 9 %] 646 1.57% 1,591,534.81 0.87% ]9 % - 9.5 %] 557 1.36% 604,930.86 0.33% ]9.5 % - 10 %] 17 0.04% 25,979.94 0.01% Minimum Interest Rate Debtor 4.58% Maximum Interest Rate Debtor 10.00% Interest Rate Debtor 6.06% Page 20 / 22
Distribution by Original Term Original Term (Months) ]12-24] 2 0.00% 3,056.34 0.00% ]24-36] 12 0.03% 19,188.15 0.01% ]36-48] 1,444 3.52% 1,184,409.70 0.65% ]48-60] 6,377 15.53% 11,989,438.81 6.53% ]60-72] 9,465 23.04% 30,443,475.85 16.58% ]72-84] 23,620 57.50% 138,524,009.26 75.45% ]84-96] 128 0.31% 1,188,095.03 0.65% ]96-108] 25 0.06% 230,339.40 0.13% ]108-120] 2 0.00% 15,513.49 0.01% Minimum Original Term in Maximum Original Term in 24.00 115.00 Original Term in 79.51 Distribution by Remaining Term Remaining Term (Months) [0-12] 12,769 31.09% 16,818,209.83 9.16% ]12-24] 11,808 28.75% 45,521,909.01 24.79% ]24-36] 10,950 26.66% 72,449,407.99 39.46% ]36-48] 5,000 12.17% 42,549,668.50 23.18% ]48-60] 226 0.55% 2,533,549.09 1.38% ]60-72] 198 0.48% 2,264,624.66 1.23% ]72-84] 81 0.20% 853,537.49 0.46% ]84-96] 23 0.06% 340,106.68 0.19% ]96-108] 12 0.03% 183,645.01 0.10% ]108-120] 4 0.01% 56,470.03 0.03% ]120-4 0.01% 26,397.74 0.01% Minimum Remaining Term in months 0.00 Maximum Remaining Term in months Remaining Term in months 181.00 29.27 Increases in principal, number of loans and maximum runout are due to restructuring of the loans Page 21 / 22
Distribution by Seasoning Seasoning (months) ]36-48] 12,083 29.42% 69,171,926.02 37.68% ]48-60] 18,630 45.36% 87,605,076.53 47.72% ]60-72] 8,122 19.77% 23,913,138.51 13.02% ]72-84] 2,205 5.37% 2,857,732.29 1.56% ]84-96] 33 0.08% 48,262.21 0.03% ]96-108] 2 0.00% 1,390.47 0.00% Minimum Maximum Seasoning Term in months Seasoning Term in months Seasoning Term in months 42.00 105.00 51.85 Geographic Distribution Region (Federal State) Baden-Wuerttemberg 5,334 12.99% 26,350,533.82 14.35% Bavaria 5,711 13.90% 27,107,392.10 14.76% Berlin 2,583 6.29% 10,874,993.92 5.92% Brandenburg 1,452 3.53% 5,932,475.93 3.23% Bremen 400 0.97% 1,467,829.49 0.80% Hamburg 1,128 2.75% 4,635,204.13 2.52% Hesse 3,271 7.96% 15,401,736.25 8.39% Lower Saxony 3,917 9.54% 16,743,156.17 9.12% Mecklenburg-Western Pomerania 609 1.48% 2,553,082.99 1.39% North Rhine-Westphalia 9,418 22.93% 41,987,874.50 22.87% Rhineland-Palatinate 1,740 4.24% 7,750,689.90 4.22% Saarland 362 0.88% 1,697,242.97 0.92% Saxony 1,389 3.38% 5,840,588.96 3.18% Saxony-Anhalt 947 2.31% 3,874,012.53 2.11% Schleswig-Holstein 1,812 4.41% 7,261,255.72 3.95% Thuringia 976 2.38% 4,011,723.67 2.19% N/A 26 0.06% 107,732.98 0.06% Page 22 / 22