Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 147

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 147
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2024   |     |                                            0.92 |
| Paramount Service Holding Ltd. S.ÀR.L.2              |     | January 25, 2023   |     |                                            4.54 |
| Stephen A. Feinberg (Cerberus)3                      |     | January 10, 2022   |     |                                            1.99 |

1 From previously 3.18 % of Deutsche Bank shares as of November 20, 2020 2 From previously 3.05 % of Deutsche Bank shares as of August 20, 2015 3 From previously 3.001 % of Deutsche Bank shares as of November 14, 2017 Deutsche Bank is neither directly nor indirectly owned nor controlled by any other corporation, by any government or by any other natural or legal person severally or jointly. Pursuant to German law and our Articles of Association, to the extent that Deutsche Bank may have major shareholders at any time, Deutsche Bank may not give them voting rights different from those of any of its other shareholders. Even if the bank’s articles of association were amended to allow for the issuance of shares with multiple voting rights, the issuance of such shares would require the consent of all affected shareholders. Deutsche Bank is aware of no arrangements which may at a subsequent date result in a change in control of the company.

| 86 |

| Deutsche Bank                   |
| Annual Report 2024 on Form 20-F |

Related Party Transactions Deutsche Bank has business relationships with a number of the companies in which the bank owns significant equity interests. Deutsche Bank also has business relationships with a number of companies where members of the bank’s Management Board also hold positions on boards of directors. Deutsche Bank’s business relationships with these companies cover many of the financial services the bank provides to their clients generally. For more detailed information, refer to Note 36 “Related Party Transactions” to the consolidated financial statements. Deutsche Bank conducts its business with these companies on terms equivalent to those that would prevail if the bank did not have equity holdings in them or management members in common, and the bank has conducted business with these companies on that basis in 2024 and prior years. None of these transactions is or was material to the bank. Among Deutsche Bank’s business with related party companies in 2024, there have been and currently are loans, guarantees and commitments, which totaled € 77 million (including loans amounting to € 73 million) as of December 31, 2024, compared to