Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 623

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 623
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 |   2,400,000 |     |                  1,277,560 |     |                  2,460,000 |     |                   6,137,560 |     |         5,952,363 |
| Total                      |     |  26,425,000 |     |                 16,004,315 |     |                 25,642,500 |     |                  68,071,815 |     |        58,310,496 |

1 In the column “Base salary”, the target values set by the Supervisory Board are shown in EUR for reasons of comparability. The actual inflow differs from this target value for Management Board members Alexander von zur Mühlen and Professor Dr. Stefan Simon due to currency fluctuations and for Bernd Leukert due to the offsetting of compensation from mandates. The inflows are shown in the section “Compensation granted and owed (inflow table)”. 2 The determination of the final achievement level for the LTI Plan 2024-2026 will take place after the end of the 3-year performance period in 2027 3Member since July 1, 2023 4 Member since July 1, 2024 Compensation granted and owed (inflow table) The following table shows the compensation paid and owed in the 2024 and 2023 financial years to incumbent members of the Management Board in the 2024 financial year pursuant to Section 162 (1) sentence 1 of the German Stock Corporation Act. This involves the compensation components that were either actually paid or delivered to the individual Management Board members within the reporting period (“paid”) or were already legally due during the reporting period but not yet delivered (“owed”). Accordingly, except for base salary and fringe benefits, the table illustrates deferral cash compensation (Restricted Incentive Awards (RIA)) that resulted from Short-Term Award grants based on the former compensation system as implemented in previous years. Correspondingly, variable compensation based on the new compensation system will not be illustrated until next year, i.e., the Short-Term Incentive cash payout for the performance in the 2024 financial year will be paid and thus considered and disclosed as an inflow for the 2025 financial year.

| 362 |

| Deutsche Bank      |
| Annual Report 2024 |

Compensation granted and owed per Management Board member

|                                          |     | Christian Sewing |     |      |     |         |     |      |