Press release Bank syndicate led by DVB Bank SE completed a US$175 million financing of a 34 Bulk Carrier portfolio for Polsteam Group Frankfurt/Main, 2 May 2019 – A bank syndicate led by DVB Bank SE (DVB), the international transport finance specialist, successfully closed the financing of 34 bulk carriers for Polsteam Group. The syndicate consisted of the following institutions: DVB Bank (Mandated Lead Arranger & Bookrunner), CIT Group (Lead arranger), Société Générale (Co-arranger), BNP Paribas (Co-arranger), Siemens Bank (Co-arranger), Crédit Agricole Corporate & Investment Bank (Co-arranger) and Crédit Agricole Bank Polska (Co-arranger). About Polsteam Group Polsteam Group is Poland’s leading shipping group with one of the largest route networks in the world, offering services to around 60 countries. The Group employs over 2700 people worldwide, performing around 500 trips per year and transporting 15 mil of tons of cargo per year. Its young and modern fleet of 56 bulk carriers average an age of around 8 years and feature the latest models including the Eco 36,500 dwt lake cargo ship. Further financial information is available via www.polsteam.pl About DVB Bank SE DVB Bank SE, headquartered in Frankfurt/Main, Germany, specialises on the international Transport Finance business. The Bank offers integrated financing solutions and advisory services in respect of Shipping Finance, Aviation Finance, and Land Transport Finance. DVB is present at all key international financial centres and transport hubs: at its Frankfurt/Main head office, as well as various European locations (Amsterdam, Athens, Hamburg, London and Oslo), plus offices in the Americas (New York City and Curaçao) and in Asia (Singapore and Tokyo). As a subsidiary of DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, DVB is part of Germany's second-largest banking group. Please visit our website www.dvbbank.com for additional information. About CIT Group CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience, approximately $50 billion in assets as of Dec. 31, 2018, and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). The company's commercial banking segment includes commercial financing, real estate financing, equipment financing, factoring and railcar financing. CIT's consumer banking segment includes its national online bank, CIT Bank, and a Southern California branch bank, OneWest Bank. Discover more at www.cit.com/about 1 About Société Générale Société Générale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth, aiming to be the trusted partner for its clients, committed to the positive transformations of society and the economy. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Société Générale has over 147,000 members of staff in 67 countries and supports on a daily basis 31 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses: French Retail Banking International Retail Banking, Insurance and Financial Services to Corporates as well as Global Banking and Investor Solutions. www.societegenerale.com About BNP Paribas BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services and Corporate & Institutional Banking. The Group helps all its clients to realize their projects through solutions spanning financing, investment, savings and protection insurance. Further information is available on https://group.bnpparibas/en/ About Siemens Bank Established in 2010 as a wholly-owned subsidiary of Siemens AG, Siemens Bank GmbH forms part of Siemens Financial Services. The bank acts as an independent company, and its clients primarily include companies, special purpose entities and public-sector debtors. Siemens Bank is based in Munich and has offices in Germany, Singapore and the UK. https://new.siemens.com/global/en/company/about/businesses/financial-services/siemens-bank.html About Crédit Agricole Corporate and Investment Bank Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 13th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2018). Nearly 8,000 employees in 34 countries across Europe, the Americas, Asia-Pacific, the Middle East and North Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients. For more information, please visit www.ca-cib.com 2 About Crédit Agricole Bank Polska Credit Agricole Bank Polska is a part of the Crédit Agricole Group, one of the largest banking groups in Europe, leader in universal banking, number one in asset management and the largest insurer bank. Using its own customer-oriented banking model, Crédit Agricole supports more than 50 million clients in 52 countries around the world. We have been building our relationships with corporate clients in Poland for 30 years. Initially as a branch of Crédit Agricole CIB, and from 2013 under the name of Credit Agricole Bank Polska. Today, we serve over a thousand companies from a variety of industries offering our experience and knowledge in the field of trade finance, financial market transactions, structured finance or lending. Thanks to synergy with other companies of the Crédit Agricole Group in Poland, in addition to banking services, we can also offer our clients world-class solutions of leasing and factoring, insurance and asset management. Contact for this press release DVB Bank SE Elisabeth Winter Head of Group Corporate Communications Managing Director Phone +49 69 9750 4329 E-mail: [email protected] 3 .