Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 362

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 362
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 wealth planning, lending and family office services for wealth, high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and family offices. Wealth Management’s total exposure is divided into Lombard Lending (against readily marketable liquid collateral / securities) and Structured Lending (against less liquid collateral). While the level of credit risk for the Lombard portfolio is determined by assessing the quality of the underlying collateral, the level of credit risk for the structured portfolio is determined by assessing both the quality of the client and the collateral. Products range from secured Lombard and mortgage loans to current accounts (Europe only), credit lines and other loans; to a lesser extent derivatives and contingencies. Private Bank mortgage loan-to-value 1

|               |     | Dec 31, 2024 |     | Dec 31, 2023 |
|:--------------|:----|:-------------|:----|:-------------|
| ≤ 50 %        |     | 65 %         |     | 65 %         |
| > 50 ≤ 70 %   |     | 16 %         |     | 16 %         |
| > 70 ≤ 90 %   |     | 10 %         |     | 11 %         |
| > 90 ≤ 100 %  |     | 3 %          |     | 3 %          |
| > 100 ≤ 110 % |     | 2 %          |     | 2 %          |
| > 110 ≤ 130 % |     | 2 %          |     | 2 %          |
| > 130 %       |     | 1 %          |     | 1 %          |

1 When assigning the exposure to the corresponding LTV buckets, the exposure amounts are distributed according to their relative share of the underlying assessed real estate value The LTV expresses the amount of exposure as a percentage of the underlying real estate value. The Group’s LTV ratios are calculated using the total exposure divided by the current determined value of the respective properties. These values are monitored and updated if necessary, on a regular basis. The exposure of transactions that are additionally backed by liquid collateral is reduced by the respective collateral values, whereas any prior charges increase the corresponding total exposure. The LTV calculation includes exposure which is secured by real estate collateral. Any mortgage lending exposure that is collateralized exclusively by any other type of collateral is not included in the LTV calculation. The creditor’s creditworthiness, the L