DEUTSCHE BANK AG - Deutsche Bank reports third quarter 2015 net loss of EUR 6.0 billion after specific items

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 13 / 2015

Date of issue: 2015-10-29

Short name of the issuer

DEUTSCHE BANK AG

Subject

Deutsche Bank reports third quarter 2015 net loss of EUR 6.0 billion after specific items

Official market - legal basis

Unofficial market - legal basis

Rozporządzenie Ministra Finansów z dnia 19 lutego 2009r. w sprawie informacji bieżących i okresowych przekazywanych przez emitentów

papierów wartościowych oraz warunków uznawania za równoważne informacji wymaganych przepisami prawa państwa niebędącego

państwem członkowskim (Dz.U.2009.33.259) w związku z art. 56 Ustawy z dnia 29 lipca 2005r. o ofercie publicznej i warunkach

wprowadzania instrumentów finansowych do zorganizowanego systemu obrotu oraz o spółkach publicznych (DZ.U. 05.184.1539) z pó¼n. zm.

Contents of the report:

Deutsche Bank reports third quarter 2015 net loss of EUR 6.0 billion after specific items Impact of specific items, largely non tax-deductible, totaling EUR 7.6 billion, comprising: Revenue impact of EUR 649 million from impairment of the 19.99% stake in Hua Xia Bank Noninterest expense impact of EUR 7.0 billion: impairment of goodwill and other intangible assets of EUR 5.8 billion Litigation charges of EUR 1.2 billion Before goodwill/intangibles impairment, costs down by EUR 322 million FX adjusted Litigation reserves increased by EUR 1 billion to EUR 4.8 billion CET1 ratio of 11.5% includes introduction of Prudent Valuation (PruVal) RWA reduced by EUR 8 billion to EUR 408 billion vs. 2Q2015 Revenues were EUR 7.3 billion, down EUR 534 million or 7% versus 3Q2014 (‘year-onyear’). Revenues were negatively impacted by a EUR 649 million impairment on the bank’s stake in Hua Xia Bank. Excluding this, revenues were comparable to the third quarter 2014 despite challenging markets. Noninterest expenses were EUR 13.2 billion, up EUR 5.9 billion or 80% year-on-year. Noninterest expenses included EUR 5.8 billion of impairments of goodwill and other intangibles, of which EUR 2.2 billion in Corporate Banking & Securities and EUR 2.8 billion in Private & Business Clients driven by expected higher regulatory capital requirements as well as current disposal expectations related to Postbank, together with an additional impairment of EUR 837 million on Postbank-related intangible assets. Noninterest expenses additionally included EUR 1.2 billion of litigation charges. Excluding these items, noninterest expenses were EUR 6.2 billion.

Annexes

File Description

3Q2015_Earnings_Release_engl.29.10.2015.pdf Press Release regarding 3Q2015 results

DEUTSCHE BANK AG, London

(fullname of the issuer)

DEUTSCHE BANK AG Banki (ban)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

Londyn

(post code) (city)

Winchester House, 1 Great Winchester Street

(street) (number)

[phone]

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2015-10-29 Aaron Myles Authorised Signatory

2015-10-29 Stephen Chew Authorised Signatory