德意志银行 2026年年度报告和过渡报告

If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registranthas elected to follow If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct). Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of theSecurities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Table of Contents Table of ContentsPART IItem 1: Identity of Directors, Senior Management and AdvisersItem 2: Offer Statistics and Expected TimetableItem 3: Key InformationDividendsCapitalization and IndebtednessReasons for the Offer and Use of ProceedsRisk FactorsItem 4: Information on the companyHistory and development of the companyBusiness OverviewThe competitive environmentRegulation and SupervisionOrganizationalStructureProperty and EquipmentInformation required by subpart 1400 of SEC Regulation S-KItem 4A: Unresolved Staff CommentsItem 5: Operating and Financial Review and ProspectsOverviewMaterial accounting policies and critical accounting estimatesRecently adopted accounting pronouncements and new accounting pronouncementsOperating resultsResults of operationsFinancial positionLiquidity and capital resourcesPost-employmentbenefit plansOff-balance sheet arrangementsTabular disclosure of contractual obligationsResearch and development, patents and licensesItem 6: Directors, Senior Management and EmployeesDirectors and Senior ManagementBoard practices of the Management BoardCompensationEmployeesShare OwnershipItem 7: Major Shareholders and Related Party TransactionsMajor ShareholdersRelated Party TransactionsInterests of Experts and CounselItem 8: Financial InformationConsolidated statements and other financial informationSignificant changesItem 9: The Offer and ListingOffer and Listing Details and MarketsPlan of DistributionSelling ShareholdersDilutionExpenses of the IssueItem 10: Additional InformationShare CapitalMemorandum and Articles of AssociationNotificationRequirements MaterialContracts99Exchange Controls100Taxation100Dividends and Paying Agents104Statement by Experts104Documents on Display104SubsidiaryInformation104Item 11: Quantitative and Qualitative Disclosures about Credit, Market and Other Risk105Item 12: Description of Securities other than Equity Securities105PART II106Item 13: Defaults, Dividend Arrearages and Delinquencies106Item 14: Material Modifications to the Rights of Security Holders and Use of Proceeds106Item 15: Controls and Procedures106Disclosure Controls and Procedures106Management’s Annual Report on Internal Control over Financial Reporting106Report of Independent Registered Public Accounting Firm107Opinion on Internal Control Over Financial Reporting107Item 16A: Audit Committee Financial Expert109Item 16B: Code of Ethics109Item 16C: Principal accountant fees and services109Item 16D: Exemptions from the Listing Standards for Audit Committees109Item 16E: Purchases of Equity Securities by the Issuer and Affiliated Purchasers110Item 16F: Change in Registrant’s Certifying Accountant111Item 16G: Corporate Governance111Item 16H: Mine Safety Disclosure114Item 16I: Disclosure Regarding Foreign Jurisdictions that Prevent Inspections114Item 16J: Insider Trading Policies114Item 16K: Cybersecurity114Disclosures Under Iran Threat Reduction and Syria Human Rights Act of 2012115PART III117Item 17: Financial Statements117Item 18: Financial Statements117Item 19: Exhibits118Signatures119Annual Report120Supplemental Financial Information (Unaudited) – S-1S-1 Deutsche Bank Aktiengesellschaft, also called Deutsche Bank AG, is a stock corporation organized under the laws of theFederal Republic of Germany. Unless otherwise specified or required by the context, in this document, references to“Deutsche Bank”, “the bank” or “the Group” are to Deutsche Bank Aktiengesellschaft and its consolidated subsidiaries. Due to rounding, numbers presented throughout this document may not add up precisely to the totals presented andpercentages may not precisely reflect the absolute figures. The bank’s registered address is Taunusanlage12, 60325 Frankfurt am Main, Germany, and its telephone number is+49-69-910-00. Inclusion of its Annual Report Deutsche Bank has included as an integral part of this Annual Report on Form 20-F its Annual Report2025 , to which thebank refers to in response to certain items included in Form 20-F. Certain portions of the Annual Report 2025 have beenomitted, as indicated therein. The included Annual Report2025 contains the consolidated financial statements, whichthe bank refers to in response to Items8 and18. TheAnnual Report2025 and consolidated financial statements included herein differ from those Deutsche Bankpublishes for other purposes (the “non-SEC” versions thereof) in that the financial information presented in the AnnualRepor