Deutsche Bank Launches Cash Tender Offer for Certain of its Outstanding Eligible Liabilities Senior Notes - Seite 2

3

2.311% Eligible Liabilities Senior Notes
due 2027

251526CP2 / US251526CP29

$1,800

16 November 2026

16 November 2027

2.750% U.S. Treasury Notes due 31 July 2027

PX1

290

4

2.129% Eligible Liabilities Senior Notes due 2026

251526CE7 / US251526CE71

$2,000

24 November 2025

24 November 2026

3.000% U.S. Treasury Notes due 15 July 2025

PX1

260

1. Deutsche Bank will purchase up to the Tender Cap of its Notes, subject to the Acceptance Priority Level as set forth in the table above (each, an “Acceptance Priority Level”). Deutsche Bank reserves the right, but is under no obligation, to increase the Tender Cap at any time, including at or after 10:00 a.m, New York City time, on 11 August 2022 (such date and time, as the same may be extended, the “Price Determination Time”), subject to applicable law.
2. Calculated at the Price Determination Time and assumes an Early Settlement Date (as defined below) of 15 August 2022.
3. The Full Tender Offer Consideration (as defined below) for Notes validly tendered prior to or at the Early Tender Time and accepted for purchase is calculated using the applicable Fixed Spread (as defined below) and is inclusive of the Early Tender Payment, which is equal to $30 per $1,000 principal amount of Notes validly tendered at or prior to the Early Tender Time and accepted for purchase by Deutsche Bank (the “Early Tender Payment”). The Full Tender Offer Consideration will be determined by taking into account the par call date for each series of Notes.

The terms and conditions of the Tender Offer are described in the Offer to Purchase.