The EAA has not lost sight of its ultimate objective – breaking even at the end of the wind-up period. By 2027 the portfolio is to be wound up without using more than the EUR 3 billion in equity capital that was initially transferred to the EAA. The way there is clearly defined. But the EAA can do more than just that. Its experts preserve value in a crisis, restructure difficult financial transactions and also place equity investments optimally in the market. These skills will continue to be important for the financial sector in future.