Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 625

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 625
---
 
                                 2024 |     |         |
|:-------------------------------|:----|----------------------------------------:|:----|--------------------:|:----|--------:|:----|:-----|:----|-------------------------------------:|:----|:--------|
|                                |     |                                   DB AG |     | DWS Management GmbH |     | Overall |     |      |     |                                      |     |         |
|                                |     |                                 in € t. |     |             in € t. |     | in € t. |     | in % |     |                              in € t. |     | in € t. |
| Deferred variable compensation |     |                                         |     |                     |     |         |     |      |     |                                      |     |         |
| Restricted Incentive Awards    |     |                                     404 |     |              2,1901 |     |   2,594 |     | 95%  |     |                                    0 |     | 0%      |
| Equity Awards                  |     |                                       0 |     |                1422 |     |     142 |     | 5%   |     |                                4,382 |     | 100%    |
| Fringe benefits                |     |                                       0 |     |                   0 |     |       0 |     | 0%   |     |                                    0 |     | 0%      |
| Pension benefits               |     |                                       0 |     |                   0 |     |       0 |     | 0%   |     |                                    0 |     | 0%      |
| Total compensation             |     |                                     404 |     |               2,332 |     |   2,736 |     | 100% |     |                                4,382 |     | 100%    |

1 Including Inflows from Termination Benefits 2 The equity awards shown are share-based instruments granted by DWS Management GmbH. Details of these instruments can be found in the DWS Annual Report

| 365 |

| Deutsche Bank      |
| Annual Report 2024 |

Outlook for the 2025 financial year Total target compensation and maximum compensation The total target compensation for 2025 will in principle remain unchanged compared to the total target compensation in force or adjusted in 2024. The limits on compensation for the members of the Management Board remain unchanged versus the 2024 financial year. This