Strategy – Corporate structure

MLP is managed with a holding structure. MLP AG held the subsidiaries MLP Finanzdienstleistungen AG and Feri Finance AG on the balance sheet date of December 31, 2009. Feri Finance AG is the ratings, research and wealth management specialist in the MLP Group. At its company headquarters in Bad Homburg v. d. Höhe, Germany, it draws up investment concepts and looks after wealthy institutional and private investors under their own mandate. We currently hold a 56.6 % share in Feri Finance AG and are set to acquire all remaining shares in 2011. Client support with the central services and offices is all performed under the umbrella of MLP Finanzdienstleistungen AG. With its full banking licence, the company holds a particularly important USP. Alongside this, the services of various subsidiaries round off the company’s portfolio. Key companies to note in this regard are TPC THE PENSION CONSULTANCY GmbH, Hamburg, Germany, the market leader for industry solutions in the field of occupational pension provision, and the joint venture MLP Hyp GmbH, Schwetzingen, Germany, held together with the mortgage broker Interhyp. Through our purchase of ZSH GmbH Finanzdienstleistungen at the start of 2009, we have also further strengthened our sales force in Germany’s retail market.