Deutsche Bank Sets Sights on Strengthening Capital Structure with New AT1 Instrument Issuance

Deutsche Bank Sets Sights on Strengthening Capital Structure with New AT1 Instrument Issuance

(IN BRIEF) Deutsche Bank AG has announced an upcoming issuance of Additional Tier 1 (AT1) capital instruments, with the first call date set for 30 October 2030. This issuance, structured in benchmark size and with denominations of €200,000 per security, is intended to bolster the bank’s Tier 1 leverage ratio along with meeting its Pillar 1 and 2 solvency obligations. Authorized at the 2022 Annual General Meeting and executed without granting pre-emptive rights to shareholders, the issuance will be managed solely by Deutsche Bank as the bookrunner. The securities, which have not been registered under the U.S. Securities Act but are offered under Regulation S, are available on several European regulated markets as well as the NYSE. Detailed listings and additional financial instrument information are provided in supplementary documents.

(PRESS RELEASE) FRANKFURT, 24-Mar-2025 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB), Germany’s leading multinational investment bank and financial services company, today announced its plan to issue a series of securities that qualify as Additional Tier 1 (AT1) capital instruments. This new issue, scheduled with a first call date on 30 October 2030, is being offered in a benchmark size, with the primary objective of reinforcing Deutsche Bank’s Tier 1 leverage ratio as well as fulfilling its Pillar 1 and 2 solvency requirements.

The upcoming securities issuance is executed under the mandate given at the Annual General Meeting held in 2022 and is structured to bypass the shareholders’ pre-emptive rights. Each security will be issued in a denomination of €200,000, and Deutsche Bank AG will serve as the sole bookrunner responsible for managing the placement.

It is important to note that the securities referenced in this announcement have not been registered under the Securities Act of 1933, as amended (“Securities Act”). They will be offered exclusively under “Regulation S” of the Securities Act, meaning that without appropriate registration or exemption, they cannot be offered, sold, or delivered within the United States.

For further details, please refer to the following:

• Issuer: Deutsche Bank AG

• Address: Taunusanlage 12, 60325 Frankfurt am Main, Germany

• ISIN: DE0005140008

• WKN: 514000

The securities are listed on several regulated markets, including those in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, and Stuttgart, as well as on EUREX and the NYSE. Additional financial instruments issued by Deutsche Bank AG that are either admitted to trading or pending admission on a domestic organized market are detailed in the attached PDFs.

Media contact:

Eduard Stipic
Deutsche Bank AG
Media Relations
+49(69)910-41864
eduard.stipic@db.com

Investor Relations
+49 800 910-8000 (Frankfurt)
db.ir@db.com

Christian Streckert
Deutsche Bank AG
Media Relations
+49(69)910-38079
christian.streckert@db.com

SOURCE: Deutsche Bank AG