Recognition

Clearstream has been consistently recognized by respected third parties for its outstanding leadership in a variety of areas:

• Philippe Metoudi, Head of Client Relations for Asia-Pacific, Middle East and Africa at Clearstream, received Global Custodian magazine’s Lifetime Achievement Award in October 2011 for his years of dedication to the securities industry. The award is designed to identify individuals that have made a significant contribution to the development of the finance industry in Asia.

• In the 2011 Major Markets Agent Bank Review, conducted by the widely-respected Global Custodian magazine, Clearstream was classified as a 'Top-Rated' International Central Securities Depository (ICSD) for the 'Leading Clients' and 'Cross-Border' categories. This is the eighth consecutive year for which Clearstream has maintained the top rating. Furthermore, Clearstream received “Best in Class” award across all 12 service categories in both the Leading Clients and Cross-Border/Non-Affiliated categories. The annual survey of agent banks in major markets measures client perceptions of the quality of settlement and asset servicing.

• Clearstream has received top rating as a Tri-party Securities Financing provider in Europe for the 12th consecutive year in the Global Custodian magazine's 2012 Tri-party Securities Financing survey. Clearstream was also awarded Best in Class in all 6 service areas.
  
  For the first time, Clearstream was also rated for the Asia and Global regions*, with a Best in Class award in 4 out of the 6 service areas.
  
  The survey studies providers of tri-party securities financing services to the international securities market.
  
  * Commended, given that the Global Custodian has a long-standing rule preventing a shift of more than one rating per year.

• In July 2011, Clearstream was rated first in the rating of tri-party agents in the International Securities Finance (ISF) Repo survey.