Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 148

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 148
---
 € 42 million (including loans amounting to € 41 million) as of December 31, 2023. All these credit exposures – Were made in the ordinary course of business – Were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with other persons, and – Did not involve more than the normal risk of collectability or present other unfavorable features compared to loans to nonrelated parties at their initiation Related Party Impaired Loans The Group did not have any impaired loans to related parties in 2024 and 2023. Interests of Experts and Counsel Not required because this document is filed as an Annual Report.

| 87 |

| Deutsche Bank                   |
| Annual Report 2024 on Form 20-F |

Item 8: Financial Information Consolidated statements and other financial information Consolidated financial statements The financial statements of this Annual Report on Form 20-F consist of the consolidated financial statements including Notes 1 to 42 thereto, which are set forth as Part 2 of the Annual Report 2024, and, as described in Note 1 “Material accounting policies and critical accounting estimates” thereto under “Basis of accounting”, certain parts of the Combined Management Report set forth as Part 1 of the Annual Report 2024. Such consolidated financial statements have been audited by EY GmbH & Co. KG Wirtschaftsprüfungsgesellschaft, as described in their “Report of Independent Registered Public Accounting Firm” included in the Annual Report 2024. Legal proceedings Deutsche Bank and its subsidiaries operate in a legal and regulatory environment that exposes them to significant litigation risks. As a result, they are involved in litigation, arbitration and regulatory proceedings and investigations in Germany and in a number of jurisdictions outside Germany, including the United States. Please refer to Note 27 “Provisions” to the consolidated financial statements for descriptions of material legal proceedings and certain other significant legal proceedings. Dividend policy Deutsche Bank plans to sustainably grow cash dividends and, over time, return to shareholders through share buybacks excess capital over and above the requirements to support profitable growth and upcoming regulatory changes. For the financial year 2024, the Management Board intends to propose to the Annual General Meeting a dividend of € 0.68 per share, after having paid a dividend of € 0.45 per share for 2023 and € 0.30 per share for 2022. For the financial year 2025 and subsequent years, the bank targets a payout ratio