Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 330

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 330
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 buffer rate for 2025 has been calculated to be 0.51% based on known countercyclical buffer changes in 2025. The countercyclical buffer is subject to Deutsche Bank portfolio changes and further changes of countercyclical buffer rates throughout the year 2 The Systemic risk buffer rate for 2025 has been calculated to be 0.22% based on known systemic risk buffer changes in 2025. The Systemic risk buffer is subject to Deutsche Bank portfolio changes and further changes in systemic risk buffer rates throughout the year 3 The total Pillar 1 and Pillar 2 CET 1 requirement (excluding the “Pillar 2” guidance) is calculated as the sum of the SREP requirement, the systemic risk buffer requirement, the capital conservation buffer requirement and countercyclical buffer requirement as well as the higher of the G-SII/O-SII requirement Development of Own Funds Deutsche Bank’s CET 1 capital as of December 31, 2024, amounted to € 49.5 billion, an increase of € 1.4 billion compared to € 48.1 billion at the end of 2023. AT1 capital was € 11.4 billion as of December 31, 2024, an increase of € 3.1 billion compared to € 8.3 billion at the end of 2023. Tier 1 capital was € 60.8 billion as of December 31, 2024, compared to € 56.4 billion at the end of 2023. Tier 2 capital amounted to € 7.7 billion as of December 31, 2024, a decrease of € 0.9 billion compared to € 8.6 billion at the end of 2023. Total capital amounted to € 68.5 billion December 31, 2024, an increase of € 3.5 billion compared to € 65.0 billion at the end of 2023. CET 1 capital increased by € 1.4 billion during 2024. This development included a net profit of € 3.4 billion for the year 2024 reduced by regulatory deductions for future shareholder distribution and AT1 coupon payments of € 2.6 billion which is in line with the ECB Decision (EU) (2015/656) on the recognition of interim or year-end profits in CET 1 capital in accordance with the Article 26(2) of Regulation (