Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 620

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 620
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 with regulatory requirements and to foster a healthy corporate culture. The objectives will be assessed at the end of the assessment period in 2026:

| 359 |

| Deutsche Bank      |
| Annual Report 2024 |

Overview of Long-Term Incentive (LTI) - Plans

Backtesting and application of malus and clawback in 2024 The Supervisory Board regularly reviews in due time before the respective release dates the possibility of a full or partial forfeiture (malus) or reclaiming (clawback) of the Management Board members’ variable compensation components. There was no forfeiture or clawback of awards in 2024. Outstanding share awards for Management Board members The following table shows the number of outstanding share awards of the incumbent Management Board members as of February 9, 2024, and February 7, 2025, as well as the number of share awards newly granted, delivered or forfeited in this period.

| Members of the Management Board |     | Balance as ofFeb 9, 2024 |     |  Granted |     | Delivered |     | Forfeited |     | Balance as ofFeb 7, 2025 |
|:--------------------------------|:----|-------------------------:|:----|---------:|:----|----------:|:----|:----------|:----|-------------------------:|
| Christian Sewing                |     |                1,121,379 |     |  214,469 |     |         – |     | –         |     |                1,335,848 |
| James von Moltke                |     |                  894,440 |     |  187,779 |     |    52,134 |     | –         |     |                1,030,086 |
| Fabrizio Campelli               |     |                  557,589 |     |  194,514 |     |    29,705 |     | –         |     |                  722,397 |
| Claudio de Sanctis              |     |                  465,211 |     |  184,267 |     |   176,900 |     | –         |     |                  472,579 |
| Bernd Leukert                   |     |                  458,204 |     |  156,324 |     |     3,037 |     | –         |     |                  611,491 |
| Alexander von zur Mühlen        |