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III. DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt Am Main

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III. DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt Am Main 13 July 2016 Base Prospectus pursuant to § 6 of the German Securities Prospectus Act (Wertpapierprospektgesetz - WpPG) Base Prospectus For the public offer of DZ BANK Bonus Certificates on [Shares] [Indices] and DZ BANK Express Certificates on [Shares] [Indices] of DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main („DZ BANK“) DZ BANK has requested the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, "BaFin") to provide the competent authority in Italy with a certificate of approval attesting that this Base Prospectus has been drawn up in accordance with §§ 17 and 18 of the German Securities Prospectus Act, which implements Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 ("Notification"). While this Base Prospectus is in effect, DZ BANK may request BaFin to provide the competent authorities of other Member States of the European Economic Area with a Notification. The certificates ("Certificates" or "Securities") may be listed on security exchanges, e.g. also on an unregulated market, or may not be listed at all. Note: The distribution and publication of this Base Prospectus and any Supplements, if any, and/or the respective Final Terms and the offer, sale and/or delivery of securities are subject to restrictions in certain countries. Persons who obtain this Base Prospectus or gain access to this Base Prospectus and any Supplements, if any, and/or the respective Final Terms are requested to inform themselves about such restrictions and to observe them. A description of the restrictions with regard to the Member States of the European Economic Area in general is contained later on in this Base Prospectus in the section "Selling restrictions". This Base Prospectus and any Supplements, if any, and/or the respective Final Terms may not be used by anyone for the purpose of an offer or advertising (a) in a country in which the offer or advertising is not permitted and/or (b) to a person to whom such an offer or advertising may not be lawfully made. Neither the Base Prospectus nor any Supplements nor the respective Final Terms present an offer or solicitation to any person for the subscription or purchase of securities and shall not be regarded as a recommendation by the Issuer for the subscription or purchase of securities. 2 Contents I. Summary .............................................................................................................................................................................................. 6 II. Risk Factors ...................................................................................................................................................................................... 28 1. Risk factors regarding the Issuer ..................................................................................................................................................... 28 2. Risk factors regarding the Securities ................................................................................................................................................ 37 2.1 Risk in connection with the Payment Profiles of the Securities .................................................................................................. 37 2.2 Risk factors associated with shares or indices as Underlying .................................................................................................... 38 2.3 Other risks relating to the Securities ........................................................................................................................................ 39 III. DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main ............................................................................ 43 1. History, Development, BVR Institutssicherung GmbH and Protection System .................................................................................... 43 2. Business overview .......................................................................................................................................................................... 44 3. Organisational Structure ................................................................................................................................................................. 47 4. Trend information / statement regarding "Significant change in the Group's financial position" ....................................................... 49 5. Management and supervisory bodies .............................................................................................................................................. 49 6. Major shareholders / Control .......................................................................................................................................................... 52 7. Financial information regarding DZ BANK's assets and liabilities, financial and earnings position ..................................................... 53 8. Material contracts ........................................................................................................................................................................... 56 9. Documents on display ..................................................................................................................................................................... 57 IV. General information on the Base Prospectus ............................................................................................................................. 58 1. Responsibility for the Base Prospectus ............................................................................................................................................. 58 2. Structuring of the Securities by the Final Terms ................................................................................................................................ 58 3. Form of publication ........................................................................................................................................................................ 58 4. Available documents ...................................................................................................................................................................... 58 5. Selling restrictions .......................................................................................................................................................................... 58 6. Incorporation by reference .............................................................................................................................................................. 59 V. General Information on the Securities ......................................................................................................................................... 61 1. Consent to use of the Base Prospectus and any Supplements, if any, as well as the Final Terms ....................................................... 61 2. Offer and listing of the Securities .................................................................................................................................................... 61 3. Pricing ............................................................................................................................................................................................ 62 4. Type and category of the Securities and other classification criteria .................................................................................................. 62 5. Paying agent and calculation agent ................................................................................................................................................. 62 6. Interests as well as conflicts of interest of natural persons and legal entities involved in the Issue/offer ............................................ 62 7. Status of the Securities ................................................................................................................................................................... 63 8. Authorization ................................................................................................................................................................................. 63 9. Responsibility for information from third parties .............................................................................................................................. 63 10. Additional notices ......................................................................................................................................................................... 63 VI. General description of the Securities .......................................................................................................................................... 64 1. Payment Profile 1 (Bonus Certificates with Cap) .............................................................................................................................. 64 2. Payment Profile 2 (Bonus Certificates without Cap) ......................................................................................................................... 65 3. Payment Profile 3 (Express Certificates) ........................................................................................................................................... 65 4. Payment Profile 4 (Express Certificates Easy) ..................................................................................................................................
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