Deutsche Bank : Pillar 3 Report Q2 2026

About this update from Deutsche Bank Ag

Pillar 3 Report as of June 30, 2026 Deutsche Bank Contents 4 Regulatory framework 45 Credit risk and credit risk mitigation in the Standardized Approach 4 Basis of Presentation 45 Quantitative information on the use of the Standardized Approach 4 Basel 3 and CRR/CRD 45 Standardized Approach exposure by risk weight before and after credit mitigation 5 MREL and TLAC 5 ICAAP, ILAAP and SREP 55 Credit risk exposure and credit risk mitigation in the internal-rating-based approach 55 Quantitative information on the use of the IRB approach 5 Disclosure of key metrics 55 Foundation IRB exposure 65 Advanced IRB exposure 7 Key metrics of own funds and eligible liabilities 79 Total IRB exposure covered by credit derivatives 79 Total IRB exposure covered by the use of CRM techniques 8 Capital 84 Development of credit risk RWA 84 Specialized lending and equity exposures in the banking book 8 Development and composition of Own Funds 11 Reconciliation of regulatory own funds to the IFRS balance sheet 87 Counterparty credit risk (CCR) 13 Main features of capital instruments 13 Capital buffers 87 Estimate of alpha factor 13 Geographical distribution of credit exposures 87 CCR exposures by model approach and development 18 Institution specific countercyclical capital buffer 89 CCR exposures development 18 Composition of own funds and eligible liabilities 89 CCR exposures to central counterparties 91 CCR exposures in the Standardized Approach 92 CCR exposures within the Foundation IRBA 96 CCR exposures within the Advanced IRBA 23 Capital requirements 103 CCR exposures after credit risk mitigation 104 Credit derivatives exposures 23 Overview of RWA and capital requirements 28 Leverage ratio 104 Exposure to securitization positions 31 Process used to manage the risk of excessive leverage 104 Banking and trading book securitization exposures 31 Factors impacting the leverage ratio in the first half of 2026 107 Securitization exposures in the non-trading book and associated regulatory capital requirements - institution acting as originator or as sponsor 109 Securitization exposures in the non-trading book and associated regulatory capital requirements - institution acting as investor 32 Credit risk and credit risk mitigation 111 Exposures securitized by the institution - Exposures in default and specific credit risk adjustments 32 General quantitative information on credit risk 113 Market risk 32 Residual maturity breakdown of credit exposure 32 Quality of non-performing exposures by geography 113 Own funds requirements under the Market Risk Standardized Approach 35 Credit quality of loans and advances to non-financial corporations by industry 113 Own funds requirements for market risk under the internal model approach 36 Performing and non-performing exposures and related provisions 113 Regulatory capital requirements for market risk 114 Development of market risk RWA 39 Development of non-performing loans and advances 115 Other quantitative information for market risk under the internal models approach 39 Credit quality of forborne exposures 115 Overview of Value-at-Risk Metrics 40 Minimum loss coverage for non-performing exposure 116 Comparison of end-of-day VaR measures with one-day changes in portfolio's value 43 Collateral obtained by taking possession 44 General quantitative information on credit risk mitigation 44 Overview of credit risk mitigation techniques 117 Exposure to interest rate risk in the banking book 117 Changes in the economic value of equity and net interest income 118 Environmental, social and governance (ESG) risks 120 Environmental risk 127 Social risk 131 Governance risk 133 Climate change transition risk 143 Energy efficiency of real estate collateral 146 Alignment metrics on relative scope 3 emissions 146 Exposures to Top 20 carbon-intensive firms 147 Climate change - physical risk 156 Liquidity risk 156 Qualitative information on LCR 158 Quantitative information on LCR 159 Net Stable Funding Ratio 162 List of tables ‌Regulatory framework ‌Basis of Presentation Article 431 (1), (2) CRR, 433 CRR and 433a CRR This Pillar 3 Report provides disclosures for the consolidated Deutsche Bank Group (the Group or the bank) as required by the global regulatory framework for capital and liquidity, which was established by the Basel Committee on Banking Supervision, also known as Basel 3. In the European Union (EU), the Basel 3 framework is implemented by the amended versions of Regulation (EU) 575/2013 on prudential requirements for credit institutions (Capital Requirements Regulation or CRR) and the Directive (EU) 2013/36 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms (Capital Requirements Directive or CRD). As a single rulebook, the CRR is directly applicable to credit institutions in the European Union and provides the grounds for the determination of regulatory capital requirements, regulatory own funds, leverage and liquidity as well as other relevant requirements. In addition, the CRD was implemented into German law by means of further amendments to the German Banking Act (Kreditwesengesetz or KWG) and the German Solvency Regulation (SolvV) and accompanying regulations. Jointly, these laws and regulations represent the regulatory framework applicable in Germany. The disclosure requirements are provided in Part Eight of the CRR and in Section 26a of the KWG. Further disclosure guidance has been provided by the European Banking Authority (EBA) in its "Final draft implementing technical standards on public disclosures by institutions of the information referred to in Titles II and III of Part Eight of Regulation (EU) No 575/2013" (EBA ITS). The Group adheres to the frequency of disclosure requirements as per Article 433 and 433a of the CRR and as provided within these EBA Guidelines and includes comparative periods in accordance with the requirements of EBA ITS. Disclosure requirements stemming from the "Draft Implementing Technical Standards amending Commission Implementing Regulation (EU) 2024/3172, as regards the disclosures on ESG risks, equity exposures and the aggregate exposure to shadow banking entities", such as shadow banking, will be considered as per the required first publication date given in the Draft ITS. For those disclosures only required on a semi-annual basis, the comparative period is the prior half-year. Disclosures required on a quarterly basis generally include comparative information for the prior quarter. Numbers presented throughout this document may not add up precisely to the totals and percentages may not precisely reflect the absolute figures due to rounding. Where applicable comparative information has been aligned to the presentation in the current report. The information provided in this Pillar 3 Report is unaudited. ‌Basel 3 and CRR/CRD The CRR/CRD lays the foundation for the calculation of the minimum regulatory requirements with respect to own funds and eligible liabilities, the liquidity coverage ratio and the net stable funding ratio. Regulation (EU) 2024/1623 introduces fundamental changes to the CRR that are generally applicable from January 1, 2025 (CRR3). With respect to own funds requirements for credit risk, for example new floors for internal probability of default (PD) and loss given default (LGD) estimates are introduced and the advanced Internal Ratings Based Approach must no longer be applied for large corporates. Hence, for exposures facing large corporates, it is no longer possible to estimate the LGD based on an internal model, but instead a supervisory LGD must be used. Also the Credit Risk Standardized Approach is fundamentally revised, e.g. the treatment of exposures secured by residential or commercial immovable property is changed. For operational risk, the capital requirements can no longer be determined based on an internal model, instead a standardized approach must be applied. In 2025, the total risk exposure amount was floored at 50% of the risk exposure amounts determined based on the standardized approaches (output floor) and in 2026, this percentage increases to 55%. The output floor gradually increases to 72.5% of the risk exposure amounts determined based on standardized approaches on January 1, 2030. The amendments for market risk (Fundamental review of the trading book - FRTB) have been delayed by Commission Delegated Regulations (EU) 2024/2795 and 2025/1496 until January 1, 2027. Accordingly, during 2025 and 2026 market risk own funds requirements are determined based on the internal model and standardized approach in the version of Regulation (EU) 575/2013 in force on July 8, 2024. In parallel the FRTB standardized approach is used for the output floor calculation as well as the reporting obligation. Following the EBA opinions dated February 27, 2023, August 12, 2024 and August 8, 2025 equally the amended FRTB rules on trading book assignment, reclassifications and internal hedges are delayed until January 1, 2027. There is still uncertainty as to how some of the CRR/CRD rules should be interpreted and there are still related binding Technical Standards for which a final version is not yet available. Thus, the Group will continue to refine assumptions and models in line with evolution of these regulations as well as the industry's understanding and interpretation of the rules. Against this background, current CRR/CRD measures may not be comparable to previous expectations. Also, CRR/CRD measures may not be comparable with similarly labeled measures used by competitors, as their assumptions and estimates may differ from Deutsche Bank's. ‌MREL and TLAC Banks in the European Union are required to meet at all times a minimum requirement for own funds and eligible liabilities (MREL) which ensures that banks have sufficient loss absorbing capacity in resolution to avoid recourse to taxpayers' money. Relevant laws are the Single Resolution Mechanism Regulation (SRMR) and the Bank Recovery and Resolution Directive (BRRD) as implemented through the German Recovery and Resolution Act (Sanierungs- und Abwicklungsgesetz, SAG). In addition, the CRR requires G-SIIs in Europe to have at least the higher of 18% plus the combined buffer requirement of risk weighted assets (RWA) and 6.75% of leverage exposure as total loss absorbing capacity (TLAC). Instruments which qualify for MREL and TLAC as own funds are Common Equity Tier 1, Additional Tier 1, and Tier 2 along with certain eligible liabilities (mainly plain-vanilla unsecured bonds). Instruments qualifying for TLAC need to be fully subordinated to general creditor claims (e.g., senior non-preferred bonds). While this is not required for MREL, MREL regulations allow the Single Resolution Board (SRB) to also set an additional subordination requirement within the MREL requirements (but separate from TLAC), which allows only subordinated liabilities and own funds to be counted. MREL is determined by the competent resolution authorities for each supervised bank and its preferred resolution strategy. In the case of Deutsche Bank AG, MREL is determined by the SRB. While there is no statutory minimum level of MREL, the CRR, SRMR, BRRD and delegated regulations set out criteria which the resolution authority must consider when determining the relevant required level of MREL. Guidance is provided through a MREL policy published annually by the SRB. Any binding MREL ratio determined by the SRB is communicated to Deutsche Bank via the German Federal Financial Supervisory Authority (BaFin). Deutsche Bank AG received its current total MREL and current subordinated MREL requirement with immediate applicability in the second quarter of 2026. ‌ICAAP, ILAAP and SREP The internal capital adequacy assessment process (ICAAP) as stipulated in Pillar 2 of Basel requires banks to identify and assess risks, to apply effective risk management techniques and to maintain adequate capitalization. The Group's internal liquidity adequacy assessment process (ILAAP) aims to ensure that sufficient levels of liquidity are maintained on an ongoing basis by identifying the key liquidity and funding risks to which the Group is exposed, by monitoring and measuring these risks, and by maintaining tools and resources to manage and mitigate these risks. In accordance with Article 97 CRD supervisors regularly review, as part of the supervisory review and evaluation process (SREP), the arrangements, strategies, processes, and mechanisms implemented by banks and evaluate: (a) risks to which the institution is or might be exposed; (b) risks the institution poses to the financial system; and (c) risks revealed by stress testing. ‌Disclosure of key metrics Article 447 (a-g) and Article 438 (b) CRR The following table presents Deutsche Bank's key regulatory metrics and ratios, together with the related input components, as defined under the applicable CRR and CRD framework. In accordance with the disclosure requirements, the Liquidity Coverage Ratio (LCR) is disclosed as a 12-month rolling average, whereas all other metrics are based on point-in-time information. EU KM1 - Key metrics template a b c d e Jun 30, Mar 31, Dec 31, Sep 30, Jun 30, in € m. (unless stated otherwise) 2026 2026 2025 2025 2025 Available own funds (amounts) 1 Common Equity Tier 1 (CET 1) capital 51,099 49,869 49,266 49,346 48,522 2 Tier 1 capital 63,066 60,586 60,784 59,864 60,193 3 Total capital 69,873 67,378 67,834 66,866 67,200 Risk-weighted exposure amounts 4 Total risk-weighted exposure amount 367,151 361,094 347,133 340,387 340,805 4a Total risk exposure pre-floor 367,151 361,094 347,133 340,387 340,805 Capital ratios (as percentage of risk-weighted exposure amount) 5 Common Equity Tier 1 ratio (%) 13.92 13.81 14.19 14.50 14.24 5b Common Equity Tier 1 ratio considering unfloored TREA (%) 13.92 13.81 14.19 14.50 14.24 6 Tier 1 ratio (%) 17.18 16.78 17.51 17.59 17.66 6b Tier 1 ratio considering unfloored TREA (%) 17.18 16.78 17.51 17.59 17.66 7 Total capital ratio (%) 19.03 18.66 19.54 19.64 19.72 7b Total capital ratio considering unfloored TREA (%) 19.03 18.66 19.54 19.64 19.72 Additional own funds requirements to address risks other than the risk of excessive leverage (as a percentage of risk-weighted exposure amount) EU 7d Additional own funds requirements to address risks other than the risk of excessive leverage (%) 2.85 2.85 2.90 2.90 2.90 of which: EU 7e to be made up of CET 1 capital (percentage points) 1.60 1.60 1.63 1.63 1.63 EU 7f to be made up of Tier 1 capital (percentage points) 2.14 2.14 2.18 2.18 2.18 EU 7g Total SREP own funds requirements (%) 10.85 10.85 10.90 10.90 10.90 Combined buffer and overall capital requirement (as a percentage of risk-weighted exposure amount) 8 Capital conservation buffer (%) 2.50 2.50 2.50 2.50 2.50 EU 8a Conservation buffer due to macro-prudential or systemic risk identified at the level of a Member State (%) 0.00 0.00 0.00 0.00 0.00 9 Institution specific countercyclical capital buffer (%) 0.48 0.48 0.50 0.48 0.48 EU 9a Systemic risk buffer (%) 0.13 0.13 0.14 0.14 0.13 10 Global Systemically Important Institution buffer (%) 1.00 1.00 1.50 1.50 1.50 EU 10a Other Systemically Important Institution buffer (%) 2.00 2.00 2.00 2.00 2.00 11 Combined buffer requirement (%) 5.11 5.11 5.13 5.12 5.11 EU 11a Overall capital requirements (%) 15.96 15.96 16.03 16.02 16.01 12 CET 1 available after meeting the total SREP own funds requirements (%) 7.81 7.71 8.06 8.37 8.11 Leverage ratio 13 Leverage ratio total exposure measure 1,399,975 1,361,684 1,327,441 1,299,655 1,276,035 14 Leverage ratio (%) 4.50 4.45 4.58 4.61 4.72 Additional own funds requirements to address risks of excessive leverage (as a percentage of leverage ratio total exposure amount) EU 14a Additional own funds requirements to address the risk of excessive leverage (%) 0.10 0.10 0.10 0.10 0.10 EU 14b of which: to be made up of CET 1 capital (percentage points) 0.00 0.00 0.00 0.00 0.00 EU 14c Total SREP leverage ratio requirements (%) 3.10 3.10 3.10 3.10 3.10 Leverage ratio buffer and overall leverage ratio requirement (as a percentage of total exposure measure) EU 14d Leverage ratio buffer requirement (%) 0.50 0.50 0.75 0.75 0.75 EU 14e Overall leverage ratio requirements (%) 3.60 3.60 3.85 3.85 3.85 Liquidity Coverage Ratio 15 Total high-quality liquid assets (HQLA) (Weighted value - average) 246,469 243,538 238,150 233,383 230,050 EU 16a Cash outflows - Total weighted value 253,667 245,009 238,512 237,725 234,064 EU 16b Cash inflows - Total weighted value 77,658 70,349 64,879 64,124 60,641 16 Total net cash outflows (adjusted value) 176,009 174,660 173,633 173,601 173,423 17 Liquidity coverage ratio (%) 140.12 139.47 137.22 134.67 132.65 Net Stable Funding Ratio 18 Total available stable funding 656,700 651,376 648,658 631,781 633,110 19 Total required stable funding 556,293 545,125 544,664 536,762 525,836 20 NSFR ratio (%) 118.05 119.49 119.09 117.70 120.40 ‌Key metrics of own funds and eligible liabilities Article 447 (h) CRR and Article 45i(3)(a,c) BRRD EU KM2 - Key metrics - MREL and G-SII Requirement for own funds and eligible liabilities (TLAC) Minimum requirement for own funds and eligible liabilities (MREL) G-SII Requirement for own funds and eligible liabilities (TLAC) a b c d e f Jun 30, Mar 31, Jun 30, Mar 31, Dec 31, Sep 30, Jun 30, in € m. (unless stated otherwise) 2026 2026 2026 2026 2025 2025 2025 Own funds and eligible liabilities, ratios and components 1 Own funds and eligible liabilities 133,686 129,705 116,986 113,085 114,936 117,881 115,925 EU 1a Own funds and subordinated liabilities 116,986 113,085 - - - - - Total risk exposure amount of the 2 resolution group (TREA) 367,151 361,094 367,151 361,094 347,133 340,387 340,805 Own funds and eligible liabilities as 3 percentage of TREA 36.41 35.92 31.86 31.32 33.11 34.63 34.02 of which: EU 3a Own funds and subordinated liabilities 31.86 31.32 - - - - - Total exposure measure of the resolution 4 group (TEM) 1,399,975 1,361,684 1,399,975 1,361,684 1,327,441 1,299,655 1,276,035 Own funds and eligible liabilities as 5 percentage of TEM 9.55 9.53 8.36 8.30 8.66 9.07 9.08 EU 5a of which: Own funds and subordinated liabilities Does the subordination exemption in Article 72b(4) of the CRR apply? (5% 8.36 8.30 - - - - - 6a exemption) - - no no no no no Pro-memo item - Aggregate amount of permitted non-subordinated eligible liabilities instruments if the subordination discretion as per Article 72b(3) CRR is 6b applied (max 3.5% exemption) - - 0 0 0 0 0 Pro-memo item: If a capped subordination exemption applies under Article 72b (3) CRR, the amount of funding issued that ranks pari passu with excluded liabilities and that is recognized under row 1, divided by funding issued that ranks pari passu with excluded Liabilities and that would be recognized under row 1 if no cap was 6c applied (%) - - 0 0 0 0 0 Minimum requirement for own funds and eligible liabilities (MREL) MREL requirement expressed as EU 7 percentage of the TREA 30.40 31.09 - - - - - of which: to be met with own funds or EU 8 subordinated liabilities 21.23 24.92 - - - - - MREL requirement expressed as EU 9 percentage of TEM 6.82 7.03 - - - - - EU 10 of which: to be met with own funds or subordinated liabilities 5.79 7.03 - - - - - As of June 30, 2026 the MREL ratio was 36.41% of Total Risk Exposure Amount (TREA) compared to a requirement of 30.40% of TREA including a 5.11% combined buffer requirement, equaling a surplus of € 22.1 billion above the bank's MREL requirement. As of June 30, 2026 the subordinated MREL ratio was 8.36% of Total Exposure Measure (TEM) compared to a requirement of 5.79% of TEM. The subordinated MREL surplus is € 35.9 billion. As of June 30, 2026 the TLAC ratio was 31.86% of TREA compared to a requirement of 23.11% including a 5.11% combined buffer requirement, resulting in a surplus of € 32.1 billion. TLAC was 8.36% of TEM compared to a requirement of 6.75%, which corresponds to a surplus of € 22.5 billion. ‌Capital ‌Development and composition of Own Funds Article 437 (a, d-f) CRR The own funds capital ratios provided for Deutsche Bank Group are defined by CRR regulations. Deutsche Bank's CET 1 capital as of June 30, 2026, amounted to € 51.1 billion, € 1.8 billion higher compared to December 31, 2025. AT1 capital was € 0.4 billion higher as of June 30, 2026, amounting to € 12.0 billion, compared to € 11.5 billion as of December 31, 2025. Tier 1 capital as of June 30, 2026, amounted to € 63.1 billion compared to € 60.8 billion as of December 31, 2025. Tier 2 capital was € 0.2 billion lower as of June 30, 2026, amounting to € 6.8 billion compared to € 7.1 billion as of December 31, 2025. Total capital as of June 30, 2026, amounted to € 69.9 billion, which was € 2.0 billion higher compared to € 67.8 billion as of December 31, 2025. The increase of CET 1 capital of € 1.8 billion in the first half of 2026 was mainly due to net profit of € 4.0 billion reduced by regulatory deductions for future shareholder distribution and AT1 coupon payments of € 2.3 billion following requirements of the ECB Decision (EU) (2015/656) on the recognition of interim or year-end profits in CET 1 capital in accordance with the Article 26(2) of Regulation (EU) No 575/2013 (ECB/2015/4). In addition, CET 1 capital increased due to lower deferred tax assets of € 0.2 billion and a lesser expected loss shortfall deduction by € 0.3 billion. These positive effects were offset by an increase in goodwill and other intangible assets by € 0.2 billion, additional value adjustments by € 0.1 billion, as well as newly introduced deduction for securitization positions no longer included in risk-weighted assets of € 0.1 billion. The increase of Additional Tier 1 capital of € 0.4 billion in the first half of 2026 was due to a new AT 1 issuance of € 1.3 billion, reduced by the exercised call option with a total principal amount of € 0.8 billion (GBP 650 million equivalent). The decrease of Tier 2 capital of € 0.2 billion in the first half of 2026 was due to an exercised call option with a principal amount of € 1.3 billion which partly offset the positive effects of new Tier 2 issuance of € 1.0 billion and foreign exchange impact of € 0.1 billion. EU CC1 - Composition of regulatory own funds in € m. Jun 30, 2026 CRR/CRD Dec 31, 2025 CRR/CRD Refe-rences 1 Common Equity Tier 1 (CET 1) capital: instruments and reserves 1 Capital instruments, related share premium accounts and other reserves 41,804 42,983 A of which: Instrument type 1 (ordinary shares) 2 41,804 42,983 A of which: Instrument type 2 0 0 of which: Instrument type 3 0 0 2 Retained earnings 25,269 21,149 B 3 Accumulated other comprehensive income (loss), net of tax (4,066) (4,159) C 3a Funds for general banking risk 0 0 4 Amount of qualifying items referred to in Art. 484 (3) and the related share premium accounts subject to phase-out from CET 1 0 0 5 Minority interests (amount allowed in consolidated CET 1) 945 917 5a Independently reviewed interim profits net of any foreseeable charge or dividend 3 1,693 3,347 B 6 Common Equity Tier 1 (CET 1) capital before regulatory adjustments 65,644 64,237 Common Equity Tier 1 (CET 1) capital: regulatory adjustments 7 Additional value adjustments (negative amount) 4 (1,791) (1,667) 8 Goodwill and other intangible assets (net of related tax liabilities) (negative amount) (5,262) (5,045) D 10 Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liabilities where the conditions in Art. 38 (3) are met) (negative amount) (2,291) (2,533) E 11 Fair value reserves related to gains or losses on cash flow hedges of financial instruments that are not valued at fair value 527 49 12 Negative amounts resulting from the calculation of expected loss amounts (2,294) (2,579) 13 Any increase in equity that results from securitized assets (negative amount) (0) (0) 14 Gains or losses on liabilities designated at fair value resulting from changes in own credit standing 5 249 247 15 Defined benefit pension fund assets (net of related tax liabilities) (negative amount) (1,023) (1,135) F 16 Direct, indirect and synthetic holdings by an institution of own CET 1 instruments (negative amount) 6 (328) 0 in € m. Jun 30, 2026 CRR/CRD Dec 31, 2025 CRR/CRD Refe-rences 1 Direct, indirect and synthetic holdings of the CET 1 instruments of financial sector entities where those entities have reciprocal cross holdings with the institution designed to inflate 17 artificially the own funds of the institution (negative amount) 0 0 Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution does not have a significant investment in those entities 18 (amount above 10% threshold and net of eligible short positions) (negative amount) 7 0 0 Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution has a significant investment in those entities (amount 19 above 10% threshold and net of eligible short positions) (negative amount) 0 0 20a Exposure amount of the following items which qualify for a risk weight of 1,250%, where the institution opts for the deduction alternative (61) 0 20b of which: Qualifying holdings outside the financial sector (negative amount) 0 0 20c Securitization positions (negative amount) (61) 0 20d Free deliveries (negative amount) 0 0 Deferred tax assets arising from temporary differences (amount above 10% threshold, net of 21 related tax liabilities where the conditions in Article 38 (3) are met) (negative amount) 0 0 E 22 Amount exceeding the 17.65% threshold (negative amount) 0 0 of which: 23 Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution has a significant investment in those entities 0 0 25 Deferred tax assets arising from temporary differences 0 0 E EU 25a Losses for the current financial year (negative amount) 0 0 EU Foreseeable tax charges relating to CET 1 items except where the institution suitably adjusts the amount of CET 1 items insofar as such tax charges reduce the amount up to which those 25b items may be used to cover risks or losses (negative amount) 0 0 27 Qualifying AT1 deductions that exceed the AT1 items of the institution (negative amount) 0 0 Regulatory adjustments relating to unrealized gains and losses pursuant to Art. 468 CRR 27a Other regulatory adjustments (including IFRS 9 transitional adjustments when relevant) 8 (2,271) (2,309) 28 Total regulatory adjustments to Common Equity Tier 1 (CET 1) capital (14,545) (14,971) 29 Common Equity Tier 1 (CET 1) capital 51,099 49,266 Additional Tier 1 (AT1) capital: instruments 30 Capital instruments and the related share premium accounts 12,097 11,648 G 31 of which: Classified as equity under applicable accounting standards 12 12,167 11,718 G 32 Classified as liabilities under applicable accounting standards 0 0 33 Amount of qualifying items referred to in Article 484 (4) and the related share premium accounts subject to phase out from AT1 as described in Article 486(3) of CRR 0 0 H of which: EU 33a Amount of qualifying items referred to in Article 494a(1) subject to phase out from AT1 0 0 EU 33b Amount of qualifying items referred to in Article 494b(1) subject to phase out from AT1 0 0 34 Qualifying Tier 1 capital included in consolidated AT1 capital issued by subsidiaries and held by third parties 0 0 35 of which: instruments issued by subsidiaries subject to phase out 0 0 36 Additional Tier 1 (AT1) capital before regulatory adjustments 12,097 11,648 Additional Tier 1 (AT1) capital: regulatory adjustments Direct, indirect and synthetic holdings by an institution of own AT1 instruments (negative 37 amount) (130) (130) G Direct, indirect and synthetic holdings of the AT1 instruments of financial sector entities where those entities have reciprocal cross holdings with the institution designed to inflate artificially the own funds of the institution (negative amount) 0 0 Direct, indirect and synthetic holdings of the AT1 instruments of financial sector entities where the institution does not have a significant investment in those entities (amount above the 10% threshold and net of eligible short positions) (negative amount) 7 0 0 Direct, indirect and synthetic holdings by the institution of the AT1 instruments of financial sector entities where the institution has a significant investment in those entities (amount above the 10% threshold net of eligible short positions) (negative amount) 0 0 Qualifying T2 deductions that exceed the T2 items of the institution (negative amount) 0 0 42a of which: Other regulatory adjustments to AT1 capital 0 0 Total regulatory adjustments to Additional Tier 1 (AT1) capital (130) (130) Additional Tier 1 (AT1) capital 11,967 11,518 Tier 1 capital (T1 = CET 1 + AT1) 63,066 60,784 Jun 30, 2026 Dec 31, 2025 Refe- in € m. CRR/CRD CRR/CRD rences 1 Tier 2 (T2) capital: instruments and provisions Capital instruments and the related share premium accounts 9 6,937 7,225 I Amount of qualifying items referred to in Article 484 (5) and the related share premium accounts subject to phase out from T2 as described in Article 486(4) of CRR 0 0 I of which: EU 47a Amount of qualifying items referred to in Article 494a (2) subject to phase out from T2 0 0 EU 47b Amount of qualifying items referred to in Article 494b (2) subject to phase out from T2 0 0 48 Qualifying own funds instruments included in consolidated T2 capital issued by subsidiaries and held by third parties 0 0 I 49 of which: instruments issued by subsidiaries subject to phase out 0 0 50 Credit risk adjustments 0 0 51 Tier 2 (T2) capital before regulatory adjustments 6,937 7,225 Tier 2 (T2) capital: regulatory adjustments 52 Direct, indirect and synthetic holdings by an institution of own T2 instruments and subordinated loans (negative amount) (130) (170) I 53 Direct, indirect and synthetic holdings of the T2 instruments and subordinated loans of financial sector entities where those entities have reciprocal cross holdings with the institution designed to inflate artificially the own funds of the institution (negative amount) 0 0 54 Direct, indirect and synthetic holdings of the T2 instruments and subordinated loans of financial sector entities where the institution does not have a significant investment in those entities (amount above 10% threshold and net of eligible short positions) (negative amount) 7 0 0 55 Direct, indirect and synthetic holdings by the institution of the T2 instruments and subordinated loans of financial sector entities where the institution has a significant investment in those entities (net of eligible short positions) (negative amount) 0 (5) EU 56a Qualifying eligible liabilities deductions that exceed the eligible liabilities items of the institution (negative amount) 0 0 EU 56b Other regulatory adjustments to T2 capital 0 0 57 Total regulatory adjustments to Tier 2 (T2) capital (130) (175) 58 Tier 2 (T2) capital 6,807 7,050 59 Total capital (TC = T1 + T2) 69,873 67,834 60 Total risk-weighted assets 367,151 347,133 Capital ratios and buffers 61 Common Equity Tier 1 capital ratio (as a percentage of risk-weighted assets) 13.92 14.19 62 Tier 1 capital ratio (as a percentage of risk-weighted assets) 17.18 17.51 63 Total capital ratio (as a percentage of risk-weighted assets) 19.03 19.54 64 Institution CET 1 overall capital requirement (CET 1 requirement in accordance with article 92 (1) of Regulation (EU) No 575/2013, plus additional CET 1 requirement which the institution is required to hold in accordance with Article 104(1)(a) of Directive 2013/36/EU, plus combined buffer requirement in accordance with Article 128(6) of Directive 2013/36/ EU) expressed as a percentage of risk exposure amount) 10 11.22 11.26 65 of which: Capital conservation buffer requirement 2.50 2.50 66 Countercyclical buffer requirement 0.48 0.50 67 Systemic risk buffer requirement 0.13 0.14 EU 67a Global Systemically Important Institution (G-SII) or Other Systemically Important Institution (O-SII) buffer 2.00 2.00 EU 67b additional own funds requirements to address the risks other than the risk of excessive leverage 1.60 1.63 68 Common Equity Tier 1 capital available to meet buffers (as a percentage of risk-weighted assets) 11 7.81 8.06 Amounts below the thresholds for deduction (before risk weighting) Direct, indirect and synthetic holdings of the capital of financial sector entities where the institution does not have a significant investment in those entities (amount below 10% 72 threshold and net of eligible short positions) 7 2,980 3,136 Direct, indirect and synthetic holdings by the institution of the CET 1 instruments of financial sector entities where the institution has a significant investment in those entities (amount 73 below 10% threshold and net of eligible short positions) 1,121 1,087 Deferred tax assets arising from temporary differences (amount below 10% threshold, net of 75 related tax liability where the conditions in Article 38 (3) CRR are met) 4,375 4,372 Applicable caps on the inclusion of provisions in Tier 2 capital Credit risk adjustments included in T2 in respect of exposures subject to standardized 76 approach (prior to the application of the cap) 0 0

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