Explanatory note<\/p>\n
Key updates communicated during 2Q 2026<\/p>\n
On June 30, 2026, Deutsche Bank AG (\u201cDeutsche Bank\u201d) published the attached Exhibit 99.1, which describes key updates <\/p>\n
communicated during 2Q 2026. <\/p>\n
Deutsche Bank generally publishes its financial results prepared in accordance with International Financial Reporting <\/p>\n
Standards (IFRS) as endorsed by the European Union, including application of portfolio fair value hedge accounting for non-<\/p>\n
maturing deposits and fixed rate mortgages with pre-payment options (\u201cEU IFRS\u201d, using the \u201cEU carve-out\u201d). Fair value <\/p>\n
hedge accounting under the EU carve-out is employed to minimize the accounting exposure to both positive and negative <\/p>\n
moves in interest rates in each tenor bucket thereby reducing the volatility of reported revenue from Treasury activities. In <\/p>\n
addition, Deutsche Bank\u2019s financial targets and capital objectives are based on its financial results prepared in accordance <\/p>\n
with EU IFRS. Exhibit 99.4 hereto presents financial information using EU IFRS.<\/p>\n
For U.S. reporting purposes, Deutsche Bank also prepare versions of certain of its financial reports in accordance with IFRS <\/p>\n
as issued by the International Accounting Standards Board (IASB), which does not permit use of the EU carve-out (\u201cIASB <\/p>\n
IFRS\u201d), but which is otherwise the same as EU IFRS. For example, Deutsche Bank\u2019s 2025 Annual Report on Form 20-F has <\/p>\n
been prepared using IASB IFRS, and the impact of the EU carve-out is described in Note\u00a01, \u201cMaterial accounting policies <\/p>\n
and critical accounting estimates \u2013 Basis of accounting \u2013 EU carve-out\u201d to the consolidated financial statements contained <\/p>\n
therein.<\/p>\n
This Report on Form 6-K and Exhibit 99.1 hereto are hereby incorporated by reference into Registration Statement No. <\/p>\n
333-278331 of Deutsche Bank AG. <\/p>\n
Exhibits<\/p>\n
Exhibit 99.1\u00a0Key updates communicated during 2Q 2026, June 30, 2026 (EU IFRS).<\/p>\n
Forward-looking statements contain risks<\/p>\n
This report contains forward-looking statements. Forward-looking statements are statements that are not historical facts; <\/p>\n
they include statements about our beliefs and expectations. Any statement in this report that states our intentions, beliefs, <\/p>\n
expectations or predictions (and the assumptions underlying them) is a forward-looking statement. These statements are <\/p>\n
based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-<\/p>\n
looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly <\/p>\n
any of them in light of new information or future events.<\/p>\n
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could <\/p>\n
therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors <\/p>\n
include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we <\/p>\n
derive a substantial portion of our trading revenues, potential defaults of borrowers or trading counterparties, the <\/p>\n
implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other <\/p>\n
risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our <\/p>\n
2025 Annual Report on Form 20-F filed with the SEC, under the heading \u201cRisk Factors.\u201d Copies of this document are readily <\/p>\n
available upon request or can be downloaded from www.deutsche-bank.com\/ir.<\/p>\n","protected":false},"excerpt":{"rendered":"Explanatory note Key updates communicated during 2Q 2026 On June 30, 2026, Deutsche Bank AG (\u201cDeutsche Bank\u201d) published…\n","protected":false},"author":2,"featured_media":46902,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21213],"tags":[19243,21214,39547,39545,39544,39546,39548,39549],"class_list":["post-46901","post","type-post","status-publish","format-standard","has-post-thumbnail","category-deutsche-bank","tag-db","tag-deutsche-bank","tag-eu-carve-out","tag-eu-ifrs","tag-form-6-k","tag-iasb-ifrs","tag-non-gaap-financial-measures","tag-portfolio-fair-value-hedge-accounting"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/46901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=46901"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/46901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/46902"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=46901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=46901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=46901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}