Ad-hoc Release July 25, 2023

Deutsche Bank decided to resume share buybacks of up to €450 million in 2023

Upon receipt of all requisite supervisory approvals the Management Board of Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) has decided today to initiate a share repurchase program of up to € 450 million which is envisaged to start in August and to be completed before year end 2023. All required regulatory disclosures will be made before the actual commencement of the share repurchase program.

Deutsche Bank AG

Taunusanlage 12
60325 Frankfurt am Main
Germany

ISIN: DE0005140008

WKN: 514000

Listed: Regulated market in Berlin-Bremen, Duesseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich und Stuttgart; EUREX; NYSE

The International Securities Identification Numbers (ISINs) of further financial instruments issued by Deutsche Bank AG, and admitted to trading on a domestic organized market or for which such admission has been applied for, are listed in the attached PDF.

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