Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 391

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 391
---
 | -64.9 |     |              13.4 |     | 15.7 |     |              17.6 |     | 21.9 |     |              6.2 |     |  4.5 |     |                   6.3 |     |  8.2 |     |                 0.3 |     |  0.2 |
| Period-end |     |  24.9 |     | 39.0 |     |                 -48.3 |     | -31.9 |     |              31.3 |     | 20.3 |     |              19.5 |     | 28.4 |     |             10.8 |     | 11.0 |     |                  10.1 |     | 10.9 |     |                 1.5 |     |  0.3 |

1 Figures for 2024 as of December 31, 2024. Figures for 2023 as of December 31, 2023

2 Includes value-at-risk from gold and other precious metal positions

Development of historic simulation value-at-risk by risk types in 2024

The average 1d trading value-at-risk over 2024 was € 31 million, which decreased by € 9.2 million (-23%) compared to the average for 2023; this was primarily driven by roll-off of high market volatility period of H1 2023 from the historical VaR observation period and reduction in risk levels under Fixed Income and Currencies Trading business. For regulatory reporting purposes, the incremental risk charge for the respective reporting dates represents the higher of the spot value at the reporting dates, and their preceding 12-week average calculation.

| 154 |

| Deutsche Bank      |
| Annual Report 2024 |

Average, Maximum and Minimum Incremental Risk Charge of Trading Units (with a 99.9% confidence level and one-year capital horizon) 1,2,3

|            |     | Total |     |       |     | Credit Trading |     |        |     | Global Rates |     |       |     | Emerging Markets |     |       |     | Other |     |       |
| in € m.    |     |  2024 |     |  2023 |     |           2024 |     |   2023 |     |         2024 |     |  2023