26.04.2024 21:52:45 - EQS-Adhoc: Deutsche Bank AG: Deutsche Bank updates on Postbank takeover litigation matter

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EQS-Ad-hoc: Deutsche Bank AG / Key word(s): Legal Matter
Deutsche Bank AG: Deutsche Bank updates on Postbank takeover litigation matter
26-Apr-2024 / 21:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
In a hearing on April 26, 2024, the Higher Regional Court of Cologne assessed the claims of certain former Postbank
shareholders that a higher offer price in connection with Deutsche Bank's voluntary takeover offer of October 7, 2010,
should have been paid. During the hearing, the Court indicated that it may find elements of these claims valid in a
later ruling.
While Deutsche Bank continues to disagree stronglywith this assessment, the court's statements will impact Deutsche
Bank's estimation of the probability of a future outflow, resulting in a legal provision in the second quarter of 2024.
This provision will impact Deutsche Bank's second quarter and full-year profitability and capital ratios.The estimate
of the full amount of all claims, including cumulative interest, is approximately 1.3 billion euros.
On a pro forma basisas of March 31, 2024, the impact of the full provision on the bank's Common Equity Tier 1 (CET1)
ratio is estimated to be approximately 20 basis points, with a resulting pro-forma CET1 ratioof 13.25%. On the same
basis, the Leverage Ratio would be 4.42% as of March 31, 2024.
Given the complexity of the legal issues and recency of the court's statements, Deutsche Bank's management will
continue its analysis of the legal arguments and the potential financial statement impact. Generally, management does
not expect a significant impact on the bank's strategic plans or financial targets.
End of Inside Information
26-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.
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Company:      Deutsche Bank AG 

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EQS News ID: 1891087

End of Announcement EQS News Service
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1891087 26-Apr-2024 CET/CEST

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END) Dow Jones Newswires

April 26, 2024 15:52 ET (19:52 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DEUTSCHE BANK AG NA O.N. 514000 Xetra 16,050 09.05.24 12:17:33 +0,050 +0,31% 16,046 16,052 15,996 16,000

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