Deutsche Bank Annual General Meeting 2021 to be held virtually again
For the first time the entire General Meeting including the general debate and voting will be publicly broadcast live through the Internet
Speeches of Paul Achleitner and CEO Christian Sewing will be published on the bank's website on May 19, 2021
New interactive dialogue facilities to be introduced for shareholders
Due to the ongoing pandemic, Deutsche Bank’s (XETRA: DBKGn.DB / NYSE: DB) Annual General Meeting (AGM) will once again take place as a virtual meeting. Aligned with the Supervisory Board, the Management Board invited all shareholders of the bank to join on May 27, 2021.
"Dialogue with our shareholders is of utmost importance to us”, says Supervisory Board Chairman Paul Achleitner. “After one year of hosting and attending digital events, we want to use our manifold experience to ensure an even more interactive and shareholder-friendly second virtual Annual General Meeting."
For the first time the entire General Meeting including the general debate and voting will be publicly broadcast live through the Internet. Furthermore shareholders who have submitted their questions in time will have the opportunity to raise follow-up questions regarding the topics of their own original questions live during the General Meeting. “We will also give shareholders the opportunity to speak during the live video broadcast of the General Meeting in order to further increase interaction between shareholders and management of the bank", says Stefan Simon, Chief Administrative Officer and management board member.
The Agenda, which comprises thirteen items in total, was published in the German Bundesanzeiger and on Deutsche Bank's website (https://agm.db.com/) on April 8. Consistent with the announcement made as part of the strategic transformation in July 2019, no common equity dividend will be proposed for the 2020 financial year. Deutsche Bank intends to resume capital returns from 2022 for the fiscal year 2021 subject to successful strategy execution and regulatory approvals.
Details on interactive dialogue facilities
The format provides ample opportunities for shareholders to exercise their rights.
To allow shareholders enough time to prepare questions, the speeches of Paul Achleitner and CEO Christian Sewing will be published on the bank's website on May 19, 2021.
The Management and Supervisory Boards will answer questions from shareholders as usual. Questions can be submitted in advance via the Shareholders Portal by May 25, 2021 (24:00 CEST).
There will be a forum for shareholders’ statements on the topics of our General Meeting. Statements that are properly submitted to the company by May 21, 2021 (12:00 CEST) will be published on the bank’s website.
Shareholders who have submitted their questions in time may be given the limited opportunity to raise follow-up questions regarding the topics of their own original questions during the General Meeting. Deutsche Bank also intends to grant shareholders the possibility to speak during the live audio and video broadcast of the General Meeting. Both are subject to securing that the General Meeting can be concluded within a reasonable timeframe on the same day.
Shareholders will be able to exercise their voting rights once registered. Shareholders may vote electronically via the Shareholder Portal, via postal vote or by issuing a power of attorney to the company's proxies or third parties. Registered shareholders will have the opportunity until the end of the question-and-answer session at the virtual AGM to change their voting intentions.
Further details of how shareholders can exercise their shareholder rights are set out in the notes for shareholders on the agenda of the meeting.
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 21 March 2021 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
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Due to the ongoing pandemic, Deutsche Bank’s (XETRA: DBKGn.DB / NYSE: DB) Annual General Meeting (AGM) will once again take place as a virtual meeting. Aligned with the Supervisory Board, the Management Board invited all shareholders of the bank to join on May 27, 2021.
"Dialogue with our shareholders is of utmost importance to us”, says Supervisory Board Chairman Paul Achleitner. “After one year of hosting and attending digital events, we want to use our manifold experience to ensure an even more interactive and shareholder-friendly second virtual Annual General Meeting."
For the first time the entire General Meeting including the general debate and voting will be publicly broadcast live through the Internet. Furthermore shareholders who have submitted their questions in time will have the opportunity to raise follow-up questions regarding the topics of their own original questions live during the General Meeting. “We will also give shareholders the opportunity to speak during the live video broadcast of the General Meeting in order to further increase interaction between shareholders and management of the bank", says Stefan Simon, Chief Administrative Officer and management board member.
The Agenda, which comprises thirteen items in total, was published in the German Bundesanzeiger and on Deutsche Bank's website (https://agm.db.com/) on April 8. Consistent with the announcement made as part of the strategic transformation in July 2019, no common equity dividend will be proposed for the 2020 financial year. Deutsche Bank intends to resume capital returns from 2022 for the fiscal year 2021 subject to successful strategy execution and regulatory approvals.
Details on interactive dialogue facilities
The format provides ample opportunities for shareholders to exercise their rights.
Shareholders will be able to exercise their voting rights once registered. Shareholders may vote electronically via the Shareholder Portal, via postal vote or by issuing a power of attorney to the company's proxies or third parties. Registered shareholders will have the opportunity until the end of the question-and-answer session at the virtual AGM to change their voting intentions.
Further details of how shareholders can exercise their shareholder rights are set out in the notes for shareholders on the agenda of the meeting.
For further information please contact:
Deutsche Bank AG
Media Relations
Sebastian Krämer-Bach
Phone: +49 69 910 43330
Email: sebastian.kraemer-bach@db.com
Christian Streckert
Phone: +49 69 910 38079
Email: christian.streckert@db.com
Investor Relations
+49 800 910-8000
Email: db.ir@db.com
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 21 March 2021 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
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