Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Shareholder Meeting (May 2011)
17 slides from Deutsche Bank's shareholder meeting presentation, May 26, 2011
Slide 1: Annual General Meeting Dr Josef Ackermann
Deutsche Bank Annual General Meeting Dr Josef Ackermann Dr. Chairman of the Management Board and the Group p Executive Committee Frankfurt, 26 May 2011 Deutsche Bank Annual General Meeting 2011 financial transparency. Investor Relations Dr. Josef Ackermann
Slide 2: 2010 highlights
2010 highlights FY2010 adjusted for FY2010 acquisitions FY2009 (1) Income before income taxes (in EUR bn) 4.0 6.5 5.2 Profita- Net income (in EUR bn) 2.3 4.8 5.0 bility Pre-tax RoE (target definition)(2) 15% 15% 31 Dec 2010 31 Dec 2009 Tier 1 capital ratio 12.3% 12.6% Capital Core Tier 1 capital rat
Slide 3: CIB: Second best full-year results ever
CIB: Second best full-year results ever I Income before b f income i taxes, t i EUR b in bn 6.1 6.0 51 5.1 4.3 4.3 2.8 (7 4) (7.4) 2004 2005 2006 2007 2008 2009 2010 S Source: D l i Dealogic Note: 2004-2005 based on U.S. GAAP, 2006 onwards based on IFRS Deutsche Bank Annual General Meeting 2011 fina
Slide 4: Landmark transactions – capturing market share
Landmark transactions – capturing market share Bucyrus International Kraft Foods, Inc. AXA SA EDF SA Inc M&A GBP 13 billion AUD 14.6 14 6 billion GBP 5.8 5 8 billion USD 8.8 8 8 billion Acquisition of Cadbury Joint offer with AMP for Sale of UK electricity Sale to Caterpillar Inc AXA Asia Pacific di
Slide 5: PCAM: Positive momentum
PCAM: Positive momentum I Income before b f income i taxes, t i EUR b in bn 2.1 1.9 1.4 1.5 1.0 0.7 0.4 2004 2005 2006 2007 2008 2009 2010 Note: 2004-2005 based on U.S. GAAP, 2006 onwards based on IFRS Deutsche Bank Annual General Meeting 2011 financial transparency. 5 Investor Relations Dr. Josef A
Slide 6: Exceptional recognition: "Bank of the Year"
Exceptional recognition: “Bank of the Year“ Bank of the Year Derivatives House Commodities Derivatives House EMEA Equity House Derivatives House of the Year Bank Risk Manager of the Year Deutsche Bank Annual General Meeting 2011 financial transparency. 6 Investor Relations Dr. Josef Ackermann
Slide 7: We are proud of our new home!
We are proud of our new home! Deutsche Bank Annual General Meeting 2011 financial transparency. 7 Investor Relations Dr. Josef Ackermann
Slide 8: CIB integration is built around three themes: streamline, connect and grow
CIB integration is built around three themes: to streamline, connectt and d grow Eliminate Eli i t d duplication li ti off activity ti it and d streamline t li Streamline coverage, risk taking and business management Bring g together g expertise p across the organisation g Connect to ensure best-in-
Slide 9: PCAM: Major acquisitions consolidate our home market leadership
PCAM: Major acquisitions consolidate our homemarket l d hi leadership Complementary business Domestic clients propositions In million, December 2010 Invested assets held in Germany, 31 December 2010, in EUR bn ~50 ~30 PBC + 10 14 24 11 63 60(1) 123 7 PWM + 6 4 3 (1) Ex BHF Deutsche Bank Annual Gener
Slide 10: Growth in Asia
Growth in Asia Growth of private wealth pools Rise of Asian corporates GDP per capita in developing Asian countries, Percent of top 1,000 global corporations with indexed 2004 = 100 headquarters in Asia 388 40% 25% 203 21% 18% 134 100 2004 2006 2008 2015E 2004 2006 2008 2015E Source: IMF, McKinsey G
Slide 11: 4-pillar strategy in China provides unique optionality
4-pillar strategy in China provides unique optionality Organic g Complementary p y strategic g investments DB China(1) Zhong De Hua Xia Harvest Wholly-owned local 1 of 6 Sino-Foreign 13th largest bank Largest Sino- subsidiary Securities JVs in in China(3) Foreign asset China management JV in China C
Slide 12: Well positioned in China
Well positioned in China Geographical footprint Highlights Branch Regional hub — First foreign branch opened 1872 in China — More than 500 employees in mainland China; over 400 employees in Hong Kong Beijing Tianjin Ranking among ‘foreign banks’ Shanghai Chongqing — Top T 3 Chi China D Debt bt C Cap
Slide 13: Execution priorities: Performance culture
Execution priorities: Performance culture — Simplify and standardize processes Complexity and operating practices reduction — Infrastructure optimization — Strengthen cost culture — Leverage value-based-management Performance to enhance performance accountability — Execute stated strategy — Reinvigo
Slide 14: Update on 2011 pre-tax profit potential
Update on 2011 pre-tax profit potential I Income before b f income i taxes, t in i EUR b bn Phase 4 2009 2010 Potential 2011 1Q2011 Corporate Banking & Securities 3.5 5.1 6.4 2.3 CIB Global Transaction Banking 0.8 0.9 1.0 0.3 Asset and Wealth Management 0.2 0.1 1.0 0.2 PCAM Private & Business Client
Slide 15: Appendix
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Slide 16: Deutsche Bank influenced by investments
Deutsche Bank influenced by investments 2010 income 2010, i before b f income i taxes, t in i EUR b bn Group Segments Additional impacts in 2010: 10.0 — EUR (0.5) bn specific items(1) Not part of target — EUR (0.7) bn specific investments(2) 0.4 7.0 0.2 7.2 2.3 0.2 6.5 2.6 40 4.0 40 4.0 Reported Pos
Slide 17: Cautionary statements
Cautionary statements This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and pro