Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 462

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 462
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     |             1,013 |

N/M – Not meaningful

Prior year’s comparatives aligned to presentation in the current year

3 Starting from the first quarter of 2024, the allocation of operational risk RWA has changed. For more information, please refer to section “Note 4 - Business segments and related information” of this report

4 Starting from the first quarter of 2024, the equity allocation framework has been updated. For more information, please refer to section “Note 4 - Business segments and related information” of this report

5 The post-tax return on average shareholders’ equity and average tangible shareholders’ equity at the Group level reflects the reported effective tax rate for the Group, which was 19% for the year ended December 31, 2023; for the post-tax return on average shareholders’ equity and average tangible shareholders’ equity of the segments, the Group effective tax rate was adjusted to exclude the impact of permanent differences not attributed to the segments, so that the segment tax rates were 28% for the year ended December 31, 2023; for further information, please refer to “Supplementary Information (Unaudited): Non-GAAP Financial Measures” of this report

6 Noninterest expenses as a percentage of total net revenues, which are defined as net interest income before provision for credit losses plus noninterest income

| 222 |

| Deutsche Bank      |
| Annual Report 2024 |

|                                                             |     |          2022 |     |                |     |             |     |                  |     |                  |     |                   |
| in € m.(unless stated otherwise)                            |     | CorporateBank |     | InvestmentBank |     | PrivateBank |     | Asset Management |     | Corporate &Other |     | TotalConsolidated |
| Net revenues1                                               |     |         6,337 |     |         10,016 |     |       9,152 |     |            2,608 |     |           -1,050 |     |            27,063 |
| Provision for credit losses                                 |     |           335 |     |            319 |     |         583 |     |               -2 |     |               -9 |     |             1,226 |
| Noninterest expenses                                        |     |               |     |                |     |             |     |                  |     |                  |     |                   |
| Compensation and benefits                                   |     |         1,416 |     |