Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 562

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 562
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 unit credit method. A Group policy provides guidance to ensure consistency globally on setting actuarial assumptions which are finally determined by the Group’s Pensions Committee. Senior management of the Group is regularly informed of movements and changes in key actuarial assumptions.

The key actuarial assumptions applied in determining the defined benefit obligations on December 31 are presented below in the form of weighted averages.

|                                                              |     |                    Dec 31, 2024 |     |                                                  |     |                               |     |                       |     |                    Dec 31, 2023 |     |                                                  |     |                               |     |                       |
|:-------------------------------------------------------------|:----|--------------------------------:|:----|-------------------------------------------------:|:----|------------------------------:|:----|----------------------:|:----|--------------------------------:|:----|-------------------------------------------------:|:----|------------------------------:|:----|----------------------:|
|                                                              |     |                         Germany |     |                                               UK |     |                         U.S.1 |     |                 Other |     |                         Germany |     |                                               UK |     |                         U.S.1 |     |                 Other |
| Discount rate (in %)                                         |     |                           3.52% |     |                                            5.48% |     |                         5.51% |     |                 3.20% |     |                           3.33% |     |                                            4.50% |     |                         5.01% |     |                 3.33% |
| Rate of price inflation (in %)                               |     |                           2.06% |     |                                            3.46% |     |                         2.20% |     |                 1.60% |     |                           2.30% |     |                                            3.42% |     |                         2.20% |     |                 1.84% |
| Rate of nominal increase infuture compensation levels (in %) |     |                           2.25% |     |                                            3.46% |     |                         2.30% |     |                 2.96% |     |                           2.48% |     |                                            3.42% |     |                         2.30% |     |                 2.83% |
| Rate of nominal increase forpensions in payment (in %)       |     |                           2.06% |     |                                            3