THE EUROPEAN EQUITY FUND, INC.

Annual Shareholder Meeting

June 2021

MARKET COMMENTS

GERMANY FUNDS

Our global economic growth assumptions

STRONG REBOUND IN ECONOMIC GROWTH IN ALL MAJOR REGIONS

Forecasts are based on assumptions, estimates, opinions and hypothetical models or analysis which may prove to be incorrect.

Sources: Factset., DWS Investment GmbH; as of end of May 2021

Valerie Schüler / Germany Funds Annual Shareholder Meeting / June 24, 2021

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GERMANY FUNDS

Earnings revisions 2021 - Global

ECONOMIC GROWTH ENVIRONMENT LEADING TO POSITIVE EARNINGS REVISIONS

Forecasts are based on assumptions, estimates, opinions and hypothetical models or analysis which may prove to be incorrect. Past performance does not auarantee future results.

Sources: Factset., DWS Investment GmbH; as of end of May 2021

Valerie Schüler / Germany Funds Annual Shareholder Meeting / June 24, 2021

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GERMANY FUNDS

Valuation

VALUATION LEVELS ALREADY INCORPORATED PART OF THE EARNINGS GROWTH

Forecasts are based on assumptions, estimates, opinions and hypothetical models or analysis which may prove to be incorrect. Past performance does not guarantee future results. You cannot invest directly in an index.

Sources: Factset., DWS Investment GmbH; as of end of May 2021

Valerie Schüler / Germany Funds Annual Shareholder Meeting / June 24, 2021

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The European Equity Fund Inc. published this content on 18 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2021 18:16:09 UTC.