Deutsche Bank: Publishes EEO-1 diversity data and is committed to ongoing transparency

Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) today publishes its annual summary of its filing with the US Equal Employment Opportunity Commission, which voluntarily discloses US regional diversity statistics. The data will also be published in annual HR and non-financial reports in the future.

“Diversity and inclusion are critical success factors for Deutsche Bank and many of its customers, but often opaque disclosures hamper progress and are beyond accountability,” said Robert Dibble, head of human resources for the Americas. “The data voluntarily released today reflects our commitment to transparency and, ultimately, a more diverse Wall Street.”

EEO-1 level %Men % Women

Executives and officers and managers

78.95%

21.05%

First / middle level officials and managers

73.39%

26.61%

Professionals

62.59%

37.41%

sales staff

50.96%

49.04%

Administrative support staff

34.71%

65.29%

Total

62.90%

37.10%

EEO-1 level % White % Asian % Latinx %Black % Native Hawaiian or Pacific Islander % American Indians or Native Americans % Two or more races

Executives and officers and managers

94.74%

0.00%

0.00%

5.26%

0.00%

0.00%

0.00%

First / middle level officials and managers

69.98%

18.74%

7.28%

3.84%

0.00%

0.11%

0.06%

Professionals

49.03%

34.03%

7.84%

8.76%

0.11%

0.02%

0.21%

sales staff

53.18%

15.29%

21.02%

9.55%

0.00%

0.32%

0.64%

Administrative support staff

49.07%

8.45%

20.82%

20.00%

0.21%

0.21%

1.24%

Total

54.42%

27.72%

9.12%

8.33%

0.08%

0.07%

0.26%

To accelerate progress in the US, Deutsche Bank took seven measures to promote racial and ethnic diversity over seven months over the past year. This included changes in hiring practices and the embedding of goals in performance scorecards that quickly diversified Deutsche Bank’s junior pipeline.

The regional recruitment class for college graduates for 2021 consists of 41% women and 10% blacks, which represents a significant increase over the previous year with an increase of 13 and 6 percentage points, respectively. This summer’s internship course, in which the majority of graduates will be hired, is also much more diverse than last year, with 45% women and 15% blacks. This corresponds to an increase of 7 and 8 percentage points respectively compared to the previous year.

Further goals of Deutsche Bank worldwide are to increase the proportion of women to at least 35% of all managing directors, directors and vice-presidents of Deutsche Bank by 2025 and at least 30% women in positions one and two on the Executive Board.

For more information please contact:

Deutsche Bank AG
Media work
Dylan riddle
+1 (904) 386-6481
[email protected]

Investor Relations
+49 800 910-8000
[email protected]

About Deutsche Bank

Deutsche Bank offers private customers, small and medium-sized companies, corporations, governments and institutional investors to private and private customers, corporate and transaction banking, credit, asset and asset management products and services as well as focused investment banking. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

This press release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they contain statements about our beliefs and expectations as well as the assumptions on which they are based. These statements are based on plans, estimates and projections as they are currently available to Deutsche Bank management. Forward-looking statements are therefore only valid as of the date of their publication and we assume no obligation to update them publicly in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. As a result, a number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. These factors include the conditions in the financial markets in Germany, Europe, the United States and elsewhere, from which we generate a substantial part of our income and in which we hold a substantial part of our assets, the development of asset prices and market volatility, potential borrower or trading counterparty defaults, the execution of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks identified in our SEC filings. Such factors are fully described in our SEC Form 20-F dated March 20, 2020 under the heading “Risk Factors”. Copies of this document are available upon request or can be downloaded from www.db.com/ir.

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