Media Release Frankfurt am Main, August 24, 2023

Deutsche Bank appoints Stephen Fisher as Global Head of Political Affairs

Deutsche Bank wants to further strengthen dialogue with the political sphere. Stephen Fisher will assume the role of Global Head of Political Affairs as of 1 October. He will have offices in Brussels and London and report to Ben Alka, Global Head of Corporate Affairs & Strategy.

"With Stephen Fisher, we are gaining a seasoned, well-connected expert on the political and financial landscape," said Alka. "His extensive experience in engaging with policymakers and on regulatory issues will help us to further expand our relationships with policymakers in Europe and other important markets around the world."

Fisher joins from Blackrock, where he was Co-Head Global Public Policy Group EMEA. Previously, he worked for the Dutch Banking Association, the European Banking Federation and the UK Financial Supervisory Authority, among others.

Fisher follows Deutsche Bank’s current Global Head of Political Affairs Germany, Sven Afhüppe. "Over the past two and a half years, Sven has made a significant contribution to successfully strengthening our relations with politicians, especially in Berlin. I thank him for his impact”, said Alka. The bank will inform about Afhüppe’s future role in due course.

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 17 March 2023 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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