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NEW YORK--(BUSINESS WIRE)--DWS, one of the worlds leading asset managers, today announced the promotion of Arne Noack to Head Systematic Investment Solutions, Americas. This appointment represents the continued growth of DWSs passive business in the U.S. and supports the firms ambitions to provide investors with unique access to markets through ESG and advanced data strategies. Last year, DWS launched its Systematic Investment Solutions business to further integrate quantitative data into its index investing strategies. Arne will report directly to Fiona Bassett, Global Head Systematic Investment Solutions at DWS and continue to be based in New York. The appointment is effective immediately. Having helped pioneer the launch of DWSs ETF business in Europe since 2007 and helping with the development of innovative product solutions in the U.S. since 2015, Arne brings with him a strong track record of success and innovation from across the firm, which will be critical for the continued growth of the passive business in the U.S., said Bassett. Were confident he has the expertise that will help accelerate our place in the marketplace and continue the track record of bringing innovative solutions to clients. DWSs passive businesses achieved notable growth in 2020 by close to USD 3 billion, with record inflows into the firms ESG and High Yield bond ETF products. The firm continues to expand its ESG ETF product suite, having introduced three new fixed income ESG strategies in 2020, and the Xtrackers suite was recently honored by Fund Intelligence as its 2020 ETF Suite of the Year. With our strategic approach along the lines of innovation, value and access in the U.S. ETF market, DWS is well positioned for continued growth and I look forward to servicing our clients across the board by building on the solid foundation created for the SIS business in the Americas, said Noack. As we continue our focus on providing unparalleled value to investors, implementing robust technology, data and analytics into our investment processes across the SIS business will be a key priority. About DWS Group DWS Group (DWS) is one of the world's leading asset managers with USD $892bn of assets under management (as of 30 September 2020). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines. We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management as well as our deep environmental, social and governance focus complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically. DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors entrusted to build the best foundation for our clients future. 1 For more information on methodology and judging process for the awards, please visit: Fund Intelligence Mutual Fund Industry and ETF Virtual Awards 2020. https://mutualfundindustryawards.awardstage.com/#!/home-of0eb3nc9stuglc7mkd Investments in involve risk. Stocks may decline in value. Bond investments are subject to interest rate and credit risks. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increased volatility. Investing in foreign securities, particularly those of emerging markets, presents certain risks, such as currency fluctuations, political and economic changes, and market risks. There are additional risks associated with investing in commodities, high-yield bonds, aggressive growth stocks, non-diversified/ concentrated funds and small- and mid-cap stocks which are more fully explained in the prospectuses. Please read the prospectus for more information. Obtain A Prospectus Carefully consider the fund's investment objectives, risk factors, changes and expenses before investing. This and other information can be found in the fund's prospectus. To obtain an ETF prospectus call (855) 329-3837 or download one from etf.dws.com. R-080615-1 (1/21)

Answer: DWS Elevates Arne Noack to Head Systematic Investment Solutions, Americas Underscores the continued growth and vision of DWS Systematic Investment Solutions Business