Deutsche Bank Transition toward a sustainable and climate-neutral economy Non-Financial Report 2022 Sustainable finance Transition dialogue and financing is part of Corporate Bank’s strategic client engagement and will continue to be the focus of helping its clients across sectors to achieve their strategic goals and enable the development and integration of sustainable business practices. Corporate Bank offers a comprehensive suite of sustainable finance products and services which includes different types of lending across Strategic Corporate Lending, Lending, Structured Trade and Export Finance, Natural Resource Finance, and Trade Flow, including supply chain finance programs. Corporate Bank’s Strategic Corporate Lending unit serves multinational corporate clients whose business models and financing strategies are increasingly oriented towards ESG. The loan portfolio includes sustainability-linked revolving credit facilities aligned with the United Nations Sustainable Development Goals. Strategic Corporate Lending contributed a total of € 8 billion towards Corporate Bank’s sustainable finance volumes in 2022. Corporate Bank’s Lending team supports its clients on their sustainability journey by offering sustainable lending solutions such as green loans and sustainability-linked credit facilities. In 2022, Lending showed growth of € 3 billion in sustainable lending transactions and volumes. Further, Lending launched an environmental loan program (“Umweltkredit”) to support its clients‘ investments in climate change mitigation measures such as environmentally friendly production technologies, renewable energy or energy efficiency. The Trade Flow unit offers sustainability banking services and advice to support clients to drive ESG accountability and transparency across their supply chain. In 2022, Deutsche Bank linked the Henkel AG & Co. KGaA (Henkel) supply chain finance program to the ESG ratings of its suppliers and is the first bank in Europe to convert an existing supply chain finance program for its client. Through this program, Henkel creates incentives for its suppliers to be more sustainable. By improving their ESG rating, suppliers can further reduce financing costs. The business unit ended the year 2022 with € 2 billion in sustainable financing. The Structured Trade and Export Finance unit provides long-term financing for essential infrastructure, such as railways and public transport, water infrastructure, offshore wind farms, market facilities, education facilities and healthcare projects. With a focus on emerging markets, projects have a direct positive impact on the local population and contribute to achieving environmental and social Sustainable Development Goals. Structured Trade and Export Finance contributed a total of € 252 million towards Corporate Bank’s sustainable finance volumes in 2022. As an example of Corporate Bank’s commitment to access and inclusion, Structured Trade and Export Finance supported emerging markets clients with structuring financings for critical infrastructure such as water management, healthcare, and transportation, for instance by improving access to passenger and freight transportation via railways. The Natural Resource Finance unit offers ESG-linked loans to finance energy transition investments and to contribute to energy security via financing of energy flows including biofuels, and strategic metals. In 2022, Natural Resource Finance structured its first ESG-linked uncommitted transactional commodity finance facility for a commodity trader to finance Renewable Energy Directive II certified biofuels. Additionally, Natural Resource Finance has financed several renewable energy projects as lender in syndicates, and partially as mandated lead arranger. In 2022, Natural Resource Finance contributed € 447 million in sustainable financing. The Community Development Finance Group supports economic opportunities that benefit low- and moderate-income communities in the United States of America. This portfolio includes loans that support the creation and preservation of affordable housing, loans that help small businesses with limited access to capital, and investments in funds seeking to generate both a financial return and positive social impact in low-income communities. Other funding goes towards initiatives that address complex social issues with the aim of reducing the racial wealth gap. The business unit contributed a total of € 117 million towards Corporate Bank’s sustainable finance volumes in 2022. The Corporate Bank’s Trust and Agency Services unit is a leading service provider for sustainable finance transactions in capital markets, with a focus on conventional and structured debt, project finance, syndicated loans and escrows. The offering includes administrative and trustee services for multiple asset classes and instrument types throughout the transaction lifecycle. Services include monitoring of covenants, administration of cash flows, taking and holding of security, and acting as a conduit between parties. Trust and Agency Services solutions are not contributing towards Deutsche Bank’s sustainable finance volumes but are a key component in supporting Deutsche Bank’s global offering in sustainable finance. In 2022, Trust and Agency Services expanded its service offering by acting as sustainable agent for sustainability-linked loans, and environmental and social agent for transactions with ESG-specific deliverables. In these roles, coordination and monitoring services that are critical to the performance of transactions with a high ESG due diligence profile are provided. 24