Deutsche Bank Transition toward a sustainable and climate-neutral economy Non-Financial Report 2022 Sustainable finance At year end 2022, Origination and Advisory‘s sustainable financing and investments since the beginning of 2020 stand at cumulatively € 70 billion. Origination and Advisory contributed € 22 billion of incremental financing volumes in 2022 compared to € 31 billion in 2021, reflecting volatile conditions in the global capital markets and reduced primary issuance activity. Of € 22 billion incremental volumes reported in 2022, € 21.2 billion was investment grade debt, € 0.7 billion leveraged finance and € 15 million equity capital markets. Highlights Intesa Sanpaolo S.p.A. placed a € 1 billion 5-year green senior non-preferred bond for which Deutsche Bank acted as joint green structurer and joint lead manager. The use of proceeds will go towards financing or refinancing of eligible green projects. Republic of Singapore issued its inaugural € 1.7 billion green bond, a landmark first syndicated issuance for the Government of Singapore, for which Deutsche Bank acted as joint bookrunner. Proceeds of the bonds will be applied in accordance with the Singapore Green Bond Framework. Munich Re’s inaugural green € 1.2 billion Tier 2 transaction marked a major step in the issuer’s systematic integration of sustainability in their funding activities. Deutsche Bank supported Munich Re as joint lead manager. The bond references to Munich Re’s Green Bond Framework from 2020, with eligible projects spanning from renewable energy to wastewater management and clean transportation, among others. Deutsche Bank acted as joint structuring advisor and joint lead manager on New Zealand’s inaugural € 1.8 billion green bond. Proceeds from this transaction will be used to finance a broad range of eligible government expenditures, reflecting the New Zealand government’s extensive climate and environmental agenda. These expenditures may include clean transportation, energy efficiency, green buildings, biodiversity, water management and climate change adaptation. Deutsche Bank acted as joint lead manager for the Republic of Austria’s € 4 billion inaugural green bond following the publication of Austria’s Green Bond Framework. The issuance was well received with 214 different investors participating in the transaction, green investors accounting for approximately 70%. Deutsche Bank acted as sustainability bond structuring advisor, joint bookrunner and marketing coordinator on State Street Corporation’s inaugural € 0.5 billion sustainability bond offering. State Street Corporation, one of the world’s leading providers of financial services to institutional investors, intends to allocate proceeds to a variety of eligible green and social projects. 29