Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 654

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 654
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 It supports the promotion of talent development and diversity with a special focus on succession planning for the Management Board and draws up an objective to promote the under-represented gender on the Supervisory Board as well as a strategy for achieving this. Audit Committee :The Audit Committee supports the Supervisory Board, in particular, in monitoring the financial reporting process, the effectiveness of the risk management system (internal control system and internal audit), the auditing of the financial statements, including the auditor’s independence and the additional services provided by the auditor, as well as the monitoring of other audit-relevant matters. It also supports the Supervisory Board in monitoring the Management Board’s prompt remediation, through suitable measures, of deficiencies identified by internal and external auditors. Risk Committee :The Risk Committee advises the Supervisory Board in all matters relating to the current and future overall risk appetite and strategy and supports the Supervisory Board in monitoring the implementation of this strategy by the senior management level. The Risk Committee monitors whether the conditions in the client business are in line with the company’s business model and risk structure. It reviews whether the incentives set by the compensation system take into consideration the bank’s risk, capital and liquidity structure as well as the likelihood and maturity of earnings, taking into account retention risk. Compensation Control Committee :The Compensation Control Committee handles compensation topics. It supports the Supervisory Board, in particular, in the appropriate structuring of the compensation systems for the Management Board and monitors the appropriate structuring of the compensation systems for employees. It prepares the Supervisory Board’s resolutions on the compensation of the Management Board members and reviews the use and effectiveness of measures available in the compensation system for dealing with breaches of legal regulations as well as internal and external rules, policies and procedures. Regulatory Oversight Committee :The Regulatory Oversight Committee supports the Supervisory Board, in particular, in monitoring the Management Board’s measures to ensure the company’s compliance with legal requirements, authorities’ regulations and the bank’s own in-house policies and in monitoring litigation cases with the highest risks. It monitors the Management Board’s contacts with the regulatory authorities with a significant relevance for the bank (special audits, substantial complaints). Strategy and Sustainability Committee :The Strategy and Sustainability Committee supports the Supervisory Board in fulfilling its monitoring function relating to the bank’s strategy, including the Environmental, Social and Governance (ESG) strategy and sustainability issues. It advises and monitors the Management Board with regard to the definition of the bank’s business strategies aligned to the sustainable development of the bank and the establishment of processes for planning, implementing, assessing and adjusting