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Investor Presentaiton

Balanced revenue mix and continued franchise growth In € bn, unless stated otherwise Net revenues Last twelve months1 ☑ Group 26.8 28.5 28.7 27.7 9.0 31% 37% 10.3 7.6 26% 21% 5.9 31% 8.7 9.7 34% 10% 2.8 2.4 8% Q3 2022 Q3 2023 Investment Bank Private Bank Corporate Bank Asset Management Notes: for footnotes refer to slides 44 and 45 Deutsche Bank Investor Relations Q3 2023 results October 25, 2023 Corporate Bank ~40% increase in incremental deals won with multinational corporate clients Best Bank for Cash Management as well as Transaction Bank of the Year for Western Europe² Private Bank Record revenues³ in the first nine months driven by interest income › Significant deposit inflows from new money campaigns in Germany supporting strong AuM flows 24% 9M operating leverage4 17% 9M ROTE +8% 9M net revenue YoY €22bn 9M net inflows Investment Bank Leading Financing business contributed € 2.2bn of revenues YTD, as a part of diversified business portfolio > Emerging recovery in O&A, led by Debt Origination 35% Financing 9M 2023 revenues as % of FIC S&T +120bps Q3 debt origination market share growth YoY) > Asset Management Net inflows supported by continued strong flows in Passive Xtrackers 18 new product launches in the third quarter, including first thematic ETFs in the U.S. €17bn 9M net inflows 27.4bps 9M management fee margin 3
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