Investor Presentaiton

Effective capital management Absorbing regulatory inflation (38)bps CET1 ratio reduction principally from model reviews Capital efficiency € 25-30bn¹ RWA reductions targeted Basel III update ~€ 15bn Latest estimate of Basel III impact on RWA Q3 2023 go-live impact of new wholesale and retail models and other regulatory changes within expectations ~85% of RWA now calculated using models approved as compliant with EBA Guidelines Remaining portfolios are expected to go live in the next quarters with very limited ratio impact Largely completed model reviews to achieve EBA Guideline compliance € 3bn RWA relief achieved in Q2 ~€ 6.5bn RWA reduction in Q3 from accelerated data and process enhancement initiatives ~€ 0.5bn RWA relief in Q3 from consumer finance securitization Current progress makes us confident to increase the original target by € 10bn, including optimized hedging and reduction of sub-hurdle lending ~€ 10bn of promised reduction achieved by Q3; target increased by € 10bn > > Revised Basel III estimates as compared to € 25- > 30bn guidance previously, mainly driven by: MR and CVA FRTB estimates matured over last quarter OR RWA impact proved conservative CR RWA dependent on final CRR3 text Note: estimates subject to current state of draft law interpretations Latest estimate of Basel III impact € 10-15bn lower Notes: for footnotes refer to slides 44 and 45 Deutsche Bank Investor Relations Q3 2023 results October 25, 2023 13

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