Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 11

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 11
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 to legal and regulatory sanctions and reputational harm. Should any legal proceedings be resolved against the bank or any investigations result in a finding that the bank failed to comply with an applicable law, Deutsche Bank could be exposed to material damages, fines, limitations on business, remedial undertakings, criminal prosecution or other material adverse effects on its financial condition as well as risk to the bank’s reputation and potential loss of business as a result of extensive media attention. Guilty pleas by or convictions of the bank or its affiliates in criminal proceedings, or regulatory or enforcement orders, settlements or agreements to which the bank or its affiliates become subject, may have consequences that have adverse effects on certain of the bank’s businesses. Climate Change and Other Risks Relating to Environmental, Social and Governance (ESG)-Related Matters . The impacts of rising global temperatures and the associated policy, technology and behavioral changes required to limit global warming have led to emerging sources of financial and non-financial risks. These include the physical risk impacts from extreme weather events and the risk that financial institutions face from increased scrutiny from governments, regulators, shareholders, and other bodies. The emergence of significantly diverging (and sometimes conflicting) ESG regulatory and/or disclosure standards across jurisdictions could lead to higher costs, including compliance costs, and increased risks of failing to meet the respective regulatory requirements in each jurisdiction. Other Risks - Deutsche Bank is also subject to other risks, including the following: – Deutsche Bank’s risk management policies, procedures and methods may leave the bank exposed to unidentified or unanticipated risks, which could lead to material losses – Deutsche Bank utilizes a variety of third parties in support of its business and operations. Services provided by third parties pose risks to the bank comparable to if Deutsche Bank performed the services internally. If such a third party does not conduct business in accordance with applicable standards or the bank’s expectations, the bank could be exposed to material losses, regulatory action, litigation or reputational damage or fail to achieve the benefits sought from the third-party relationship – Operational risks, which may arise from errors in the performance of the bank’s processes, the conduct of its employees, shortfalls in access management, instability, malfunction or outage of IT systems and infrastructure, or loss of business continuity, or comparable issues with respect to its third-party service providers, may disrupt the bank’s businesses and lead to material losses – The inability to have equivalence arrangements with Central Clearing Counterparties in countries outside the EU may have adverse effects on Deutsche Bank’s business results or operations; more generally, the bank’s large