Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 597

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 597
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, amounted to 31.6million as of the 2024 Annual General Meeting. Thereof, 25.6million shares relate to shares bought back for cancellation as part of the € 675million share buyback program in 2024. The remaining volume of 6.0million shares relates to shares to be used for equity compensation purposes in upcoming periods.

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| Deutsche Bank      |
| Annual Report 2024 |

The Annual General Meeting on May 16, 2024, granted the Management Board the approval to buy, on or before April 30, 2029, shares of up to 10% of the share capital at the time of this resolution was taken or, if lower, of the share capital at the respective time the authorization was exercised. As at the 2024 Annual General Meeting, this corresponded to 199.5million shares. Thereof, a volume of up to 5% of the total share capital or 99.7million shares can be purchased by using derivatives, including derivatives with a volume of up to 2% of the total share capital with a maturity exceeding 18 months. These authorizations replaced the authorizations of the previous year. During the period from the 2024 Annual General Meeting until December 31, 2024, 20.9million shares were purchased for cancellation with the purpose of distributing capital to shareholders. The number of shares held in Treasury from buybacks amounted to 49.6million as of December 31, 2024. Thereof 46.4million shares relate to shares bought back for cancellation as part of the € 675million share buyback program in 2024. The remaining volume of 3.1million shares relates to shares to be used for equity compensation purposes in upcoming periods. Since the 2017 Annual General Meeting, renewed at the 2021 Annual General Meeting, and as of December 31, 2024, authorized capital available to the Management Board is € 2,560million ( 1,000million shares). Since the 2022 Annual General Meeting, the Management Board is authorized to issue participatory notes and other hybrid debt securities that fulfill the regulatory requirements to qualify as Additional Tier 1 capital with an equivalent value of € 9.0billion on or before April 30, 2027. Deutsche Bank issued € 4.25billion new AT1 notes under this authorization, thereof € 3.0billion new AT1 notes