Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 613

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 613
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 of number of equity-based units at the end of three-year performance period-Full disposal of LTI after 9 years: delivered in five equal, consecutive installments, starting one year after the assessment period and each with an additional holding period of one year |
| Further aspects                |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Compensation caps              |     | In accordance with Section 87a German Stock Corporation Act, the Supervisory Board sets an upper limit for the amount of compensation. If the compensation for a financial year exceeds this amount, compliance with the maximum limit is ensured by a corresponding reduction in the payment of the variable compensation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |     | -Maximum compensation of € 12 million according to Section 87a German Stock Corporation Act for each Management Board member- Maximum ratio of fixed to variable compensation: 1:2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Backtesting, malusand clawback |     | To ensure the sustainable development of the bank and to avoid taking inappropriate risks, the payment of variable compensation may be restricted or cancelled. The Supervisory Board has the option of withholding (malus) or reclaiming (clawback) all or part of the short-term and long-term variable compensation in the event of gross misconduct or misrepresentation in financial reporting.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |     | -Regular review if results achieved in the past are sustainable (backtesting)-Variable compensation in deferral period may be (partially) forfeited in the event of negative Group results, in the event specific solvency or liquidity conditions are not met, individual misconduct, dismissal for cause or negative individual contributions to performance (malus)-Variable compensation already paid might be reclaimed in accordance withSections 18 (5) and 20 (6) of the Remuneration Ordinance for Institutions                                                                                                                                                                                                                                                                                                                                                                       |

| 348 |

| Deutsche Bank      |
| Annual Report 2024 |

| Component              |     | Principle                                                                                                                                                                                                                                                               |     | Implementation                                                                                                                                                                               |
| Shareholding guideline |     | The members of the Management Board are obliged to build up a holding of Deutsche Bank shares within 4 years. The shares must be held for the entire duration of the appointment. If the base salary is increased, the obligation to hold shares increases accordingly. |     | -Build-up period of 4 years-CEO – 200% of annual gross base salary and other Management Board members 100% of annual gross base salary