Programme

Up to 500,000 Certificates

WKN: DB2ERP

ISIN: XS0459921440

Notice to Securityholders

This Notice is dated 18 January 2023 and should be read in conjunction with the Final Terms dated 3 January 2023 in respect of USD Express-Certificate issued by Deutsche Bank AG.

Any information not updated or amended herein should be regarded as unchanged.

Further to its public offer of up to 500,000 Certificates to be issued by Deutsche Bank AG (the "Issuer") under its X-markets Programme (each a "Security" together the "Securities"), the Issuer will issue 80,440 Securities at an Issue Price of USD 100.00 per Certificate.

The Issue Date of the Certificate is 17 January 2023.

Application has been made for the Securities to be admitted to listing on the official list of the Luxembourg Stock Exchange and to trading on the Euro-MTF market of the Luxembourg Stock Exchange.

18 January 2023

Deutsche Bank

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Deutsche Bank AG published this content on 19 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2023 08:50:04 UTC.