Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 510

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 510
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     |                       0 |     |             0 |     |          0 |     |                       0 |
| Total financial liabilities representing on-going involvement           |     |            -0 |     |         -0 |     |                       0 |     |             0 |     |          0 |     |                       0 |

1 The maximum exposure to loss is defined as the carrying value plus the notional value of any undrawn loan commitments not recognized as liabilities

The impact on the Group’s Statement of Income of on-going involvement associated with transferred assets derecognized in full

|                                                                               |     |      Dec 31,2024 |     |               |     |                        |     |      Dec 31,2023 |     |               |     |                        |
| in € m.                                                                       |     | Year-to-date P&L |     | CumulativeP&L |     | Gain/(loss)on disposal |     | Year-to-date P&L |     | CumulativeP&L |     | Gain/(loss)on disposal |
| Securitization notes                                                          |     |               50 |     |           220 |     |                     25 |     |               48 |     |           164 |     |                      7 |
| Non-standard Interest Rate, cross-currency orinflation-linked swap            |     |               -0 |     |            -0 |     |                      0 |     |                0 |     |             0 |     |                      0 |
| Net gains/(losses) recognized from on-goinginvolvement in derecognized assets |     |               50 |     |           220 |     |                     25 |     |               48 |     |           164 |     |                      7 |

The Group pledges assets primarily as collateral against secured funding and for repurchase agreements, securities borrowing agreements as well as other borrowing arrangements and for margining purposes on OTC derivative liabilities. Pledges are generally conducted under terms that are usual and customary for standard securitized borrowing contracts and other transactions described. As at December 31, 2024 the bank had securitized loans of € 11 billion and the secured own bonds were pledged as collateral into various market standard securities financing transactions. The encumbered loans below include these balances.

| 265 |

| Deutsche Bank      |
| Annual Report 2024 |

Carrying value of the Group’s assets pledged as collateral for liabilities or