DB 6.720% 18Jan2029 Corp (USD)

Bond Factsheet

Deutsche Bank AG/New York NY

Indicative

Full Lot

Bid Price

101.723

Change in Bid Price

0.123

Bid Yield (%)

5.305 %

Change in Bid Yield

remove 0.102

Ask Price

101.919

Change in Ask Price

0.123

Ask Yield (%)

5.147 %

Change in Ask Yield

remove 0.102

Indicative price as of 02 Oct 2026, 4:33pm

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Bond Information

Deutsche Bank Aktiengesellschaft provides banking services. The Bank offers consumer loans, mortgages, foreign exchange, securities underwriting, trade finance, brokerage, asset management, insurance, and private banking services. Deutsche Bank serves customers worldwide.

Bond Issuer

Deutsche Bank AG/New York NY

Guarantor

Announcement Date

10 Jan 2023

Issue Date

18 Jan 2023

Maturity Date

18 Jan 2029

Years to Maturity / Next Call

2.289 / 1.286

Modified Duration

2.065 @ 02 Oct 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

6.720

Coupon Type

Variable

Annual Coupon Rate

6.720

Coupon Frequency

Semi Annually

Seniority

Senior Non Preferred

Capital Structure

Senior Non Preferred

Reference Rate

Reset Date: 18 January 2028 and every quarter thereafter
Reset Rate: Compounded SOFR Rate + Initial Spread (3.180%)

ISIN

US251526CS67

CUSIP

251526CS6

Bond Currency

USD

Total Issue Size

1,500,000,000

Min. Investment Quantity (Nominal)

USD 150,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Banks

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ A-

Shariah Compliant

Exchange Listed

Others

Bond Feature(s)

Loss Absorption

Bail-in

Resolution Measures And Deemed Agreement
By acquiring the notes, you will be bound by and will be deemed irrevocably to consent to the imposition of any Resolution Measure (as defined below) by the competent resolution authority, which may include the write down of all, or a portion, of any payment on the notes or the conversion of the notes into ordinary shares or other instruments of ownership. In a German insolvency proceeding or in the event of the imposition of Resolution Measures with respect to the Issuer, certain specifically defined senior unsecured debt instruments, including the notes, would rank junior to, without constituting subordinated debt, all other outstanding unsecured unsubordinated obligations of the Issuer, including some of the other senior debt securities issued by the Issuer, and would be satisfied only if all such other senior unsecured unsubordinated obligations of the Issuer have been paid in full. If any Resolution Measure becomes applicable to us, you may lose some or all of your investment in the notes.
Please see “Resolution Measures” beginning on page 76 in the accompanying prospectus and “Resolution Measures and Deemed Agreement” on page PS–3 of this pricing supplement for more information.

Qualification as “Eligible Liabilities”
The eligible liabilities senior debt securities will constitute senior non-preferred debt instruments within the meaning of Section 46f(6) sentence 1 of the German Banking Act, and are intended to qualify as eligible liabilities instruments within the meaning of Article 72b(2), with the exception of point (d), CRR for the minimum requirement for own funds and

No Enhancement; No Set-off ; No Security; Early Redemption
The eligible liabilities senior indenture provides that:
•no subsequent agreement may enhance the seniority of our obligations under the eligible liabilities senior debt securities or shorten the term of any of the eligible liabilities senior debt securities or any applicable notice period;
• no holder of the eligible liabilities senior debt securities may set off or net its claims arising under such eligible liabilities senior debt securities against any claims of ours;
• no collateral or guarantee will be provided at any time to secure the claims of the holders under the eligible liabilities senior debt securities; any collateral or guarantee already provided or granted in the future in connection with other liabilities of ours may not be used for claims under the eligible liabilities senior debt securities; and
• any redemption of any series of eligible liabilities senior debt securities prior to their scheduled maturity will be subject to (i) receipt by the Bank of prior approval of the competent resolution authority, and (ii) compliance with any other regulatory requirements. If the eligible liabilities senior debt securities are redeemed by us without the prior approval of such competent resolution authority, then the amounts paid on the eligible liabilities senior debt securities must be returned to us irrespective of any agreement to the contrary.

If we fail to make payment on the eligible liabilities senior debt securities when due, we will be in default on our obligations under the eligible liabilities senior indenture. In such case, the trustee and the holders of eligible liabilities senior debt securities could take action against us, but they may not accelerate the maturity of the eligible liabilities senior debt securities.

Issuer Call

We have the right to redeem the notes in our sole discretion in whole, but not in part, at 100% of the Principal Amount together with any accrued but unpaid interest on January 18, 2028 (the “ Reset Date”) by giving not less than 5 Business Days’ prior notice. If the scheduled Reset Date is not a Business Day, it will be postponed to the following Business Day. Any redemption of the notes prior to the scheduled maturity will be subject to (i) receipt by the Issuer of approval of the competent resolution authority and (ii) compliance with any other regulatory requirements. If the notes are redeemed by us without the prior approval of such competent resolution authority, then the amounts paid on the notes must be returned to us irrespective of any agreement to the contrary

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

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