Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 466

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 466
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 Loans (gross of allowance for loan losses, in € bn)1                |     |    257 |     |    261 |     |    265 |     |                                -4 |     |       -1 |     |                                -4 |     |       -1 |
| Assets under Management (in € bn)1,4                                |     |    633 |     |    578 |     |    543 |     |                                55 |     |       10 |     |                                35 |     |        6 |
| Net flows (in € bn)                                                 |     |     29 |     |     23 |     |     31 |     |                                 6 |     |       26 |     |                                -8 |     |      -26 |
| Cost/income ratio5                                                  |     |  77.8% |     |  80.8% |     |  75.0% |     |                               N/M |     | (2.9)ppt |     |                               N/M |     |   5.8ppt |
| Post-tax return on average shareholders' equity6,7                  |     |   5.2% |     |   4.8% |     |   8.6% |     |                               N/M |     |   0.4ppt |     |                               N/M |     | (3.8)ppt |
| Post-tax return on average tangible shareholders’ equity6,7         |     |   5.2% |     |   5.2% |     |   9.2% |     |                               N/M |     |   0.1ppt |     |                               N/M |     | (4.0)ppt |

N/M – Not meaningful

Prior year’s comparatives aligned to presentation in the current year

1 As of year-end

2 Segment assets are presented on a consolidated basis, i.e., the amounts do not include intersegment balances

3 Starting from the first quarter of 2024, the allocation of operational risk RWA has changed. For more information, please refer to section “Note 4 - Business segments and related information” of this report

4 Assets under Management include assets held on behalf of customers for investment purposes and/or client assets that are advised or managed by Deutsche Bank. They are managed on a discretionary or advisory basis or are deposited with the bank. Deposits are considered