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Deutsche Bank Transition toward a sustainable and climate-neutral economy Non-Financial Report 2022 Sustainable finance – Corporate Bank continued its program to ensure that its coverage and product teams are familiar with client and sector specific ESG knowledge; Corporate Bank also provided ESG case studies, deal alerts, newsletters, deep dives on individual topics, and other information on a regular basis – Investment Bank’s Fixed Income and Currencies continued a program of training for all product risk and client facing staff covering key aspects of ESG and sustainable finance, including Deutsche Bank’s ESG Ratings, Client Transition Dialogue, Equator Principles and Net Zero Alignment – Investment Bank’s Origination and Advisory continued to providing teaching and training of ESG topics to help facilitate client dialogue on investing, financing and net-zero; furthermore, Origination and Advisory regularly provided newsletters, deal alerts, case studies, and other information with the aim that the staff was kept up-to-date on evolving ESG topics and regulations – Private Bank Germany trained its employees via different formats to meet the sustainability preferences of its clients as well as the ESG specific requirements for its products and services; all investment advisors were required to conduct an ESG specific training as part of their annual qualification with respect to the regulatory requirements of an integrated advisory process compliant to Markets in Financial Instruments Directive II; furthermore, approximately 3,200 employees from different business areas participated in digital trainings focusing on sustainability; Private Bank Germany continued its offerings for all staff through digital workshops, net meetings and newsletters – International Private Bank continued its program for its product experts to be ESG certified extending the timeline to end 2023 to allow for changing guidelines to be reflected; until the end of 2022, more than 150 product experts have completed the Certified Environmental Social Governance Analyst examination and the majority of product experts are now certified ESG analysts; online introductory ESG training called “From Purpose to Impact” was made available to all of around 7,000 IPB’s staff end of 2021 with more than 77% of staff having completed the training to date; in addition, International Private Bank provided a tailor-made training to more than 2,000 Investment Managers to complement the implementation of sustainability preferences under MiFID II in 2022 and the focus of ESG in the client suitability processes – For Asset Management, ESG-related training was a core area of focus, offering a wide range of solutions, from online training to certification; as of December 31, 2022, DWS had 330 active employees who are Certified Environmental Social Governance Analyst certified; DWS also launched an ESG Educational Framework series open to all employees on ESG- related topics Disclosures in accordance with Article 8 of the Taxonomy Regulation GRI FS8 The EU Taxonomy Regulation is aimed to allocate funding to sustainable sectors and support the transition towards a sustainable economy, setting out the guidelines for economic activities which financial and non-financial undertakings can classify as sustainable. Deutsche Bank was among the first international banks to explicitly refer to the EU Taxonomy Regulation in its group-level sustainability policy. In particular, the bank considers the EU Taxonomy’s technical screening criteria for the classification of activities as environmentally sustainable and specifically those related to the climate change mitigation and adaptation objectives. As the overall understanding of environmental and social matters and the EU Taxonomy are evolving, these criteria may be modified. Similarly to “Do No Significant Harm” and “Minimum social safeguards” checks of client performance against environmental and social objectives required by the EU Taxonomy, Deutsche Bank already conducts reviews of clients’ overall management approach and performance towards environmental and social challenges common to the industries in which the client operates ahead of their implementation for the purpose of Taxonomy alignment reporting next year (for more information on these reviews, see the chapter “Environmental and Social Due Diligence”). To support sustainable activities of its clients and to facilitate their sustainability transition, the bank also offers and continuously develops different dedicated products as well as client engagement processes all of which seek to embed the Taxonomy-related considerations. At the same time, the bank intends to build up internal expertise and capabilities, e.g., by training the relevant business units on sustainable finance. In accordance with Article 8 of the EU Taxonomy Regulation and the related Climate Disclosures Delegated Act, starting from year end 2021, financial undertakings have to disclose the proportion of exposures to Taxonomy-eligible and Taxonomy non- eligible economic activities in their covered assets (i.e., total assets less exposures towards central governments, central banks, supranational issuers and the trading portfolio). Taxonomy eligibility indicates that an activity is in scope for screening under the EU Taxonomy Regulation. Eligible activities will be tested against the Technical Screening Criteria, starting 2023, in order to determine alignment with the Taxonomy. The clarification to use covered assets instead of total assets in the denominator of the eligibility ratios was issued in course of 2022. Prior period reporting was adjusted accordingly. 19

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