Deutsche Bank 2025 Investor Day Summary Company Overview - **Company**: Deutsche Bank (NYSE: DB) - **Event**: 2025 Investor Day held on November 17, 2025 Key Industry Insights - **Geopolitical Landscape**: Increased complexity in global geopolitics, particularly tensions between the U.S. and China, affecting supply chains and technological transformations driven by AI [3][29] - **Financial Services Demand**: Growing demand for globally connected financial services with local expertise, especially in Europe [30] Core Company Strategies and Financial Trajectory - **Transformation Journey**: Deutsche Bank has undergone significant transformation since 2019, focusing on stabilizing the company, improving profitability, and enhancing stakeholder confidence [12][26] - **Global Housebank Concept**: Aimed at building deep relationships with clients across private individuals, corporations, and institutions, leveraging a balanced revenue profile [14] - **Financial Targets**: Projected revenue of EUR 32 billion by 2025, with a compound annual growth rate of approximately 6% since 2021 [15][24] - **Cost Efficiency**: Targeting a cost-income ratio below 65% and a tangible book value per share increase of 22% to EUR 30 since 2021 [15][24] Financial Performance Highlights - **CET1 Ratio**: Expected to reach around 14% by the end of 2025, with a strong liquidity position maintained [18][24] - **Shareholder Returns**: Anticipated distributions exceeding EUR 8 billion from 2021 to 2025, including a EUR 1 dividend per share [15][24] - **Revenue Growth**: Achieved a revenue growth of around EUR 6.6 billion since 2021, with a balanced revenue mix across regions [15][24] Operational Efficiency and Cost Management - **Cost Reduction Initiatives**: A cumulative cost takeout target increased from EUR 2 billion to EUR 2.5 billion, with significant savings from IT migrations and branch closures [16][17] - **Technology Investments**: Investments in technology and AI to enhance operational efficiency and client service, including a shift to a hybrid cloud architecture [18][53] Future Growth and Strategic Focus - **Growth Areas**: Focus on asset gathering, payments, servicing, and advisory, with expectations that 75% of revenue growth will come from these areas [39] - **Client-Centric Approach**: Emphasizing collaboration across divisions to enhance client experience and capitalize on market opportunities [33][39] - **Sustainability Commitment**: Integrating ESG principles into business strategy, with carbon intensity targets linked to management compensation [23] Long-Term Vision - **European Champion Goal**: Aiming to become the leading European bank by scaling operations and enhancing value creation for shareholders [60][61] - **AI Integration**: Plans to leverage AI for operational improvements and client service enhancements, with a vision to become a truly AI-powered bank [54][56] Conclusion - **Positioning for Success**: Deutsche Bank is positioned to accelerate value creation through a rigorous SVA-driven approach, focusing on profitability, capital discipline, and operational efficiency [59][61]

Deutsche Bank Investor Relations A transformed bank Investor Deep Dive 2025 November 17, 2025 Sustainable profitability Foundational investments Positioned for growth Deutsche Bank Investor Deep Dive 2025 A transformed bank, James von Moltke 2 Delivered on our transformation objectives Enhanced business focus, through strategic portfolio adjustments and disciplined execution Executed transformation, strengthening our fundamentals and restoring profitability Rebuilt stakeholder confidence, positioning Deutsc ...