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1

2 % 1.1 % 5.2 % 10.2 % 81.8 % 78.8 % 21,268 26,547 1,113 2,091 17,399 20,907 2,756 3,549 1, , , , ,620 28,202 29, % 9.6 % 1,576 1, ,682 77,442 29,857 33,807 Aa3 Aa3 AA AA AA AA 3

3

4 2 Deutsche Bank. A Passion to Perform.

5 3

6 4

7 5

8 6

9 7 Kevin Parker Michael Cohrs Anshu Jain Jürgen Fitschen * Clemens Börsig * Josef Ackermann * Hermann-Josef Lamberti * Tessen von Heydebreck Pierre de Weck Rainer Neske Tom Hughes *

10 8

11 9

12 10

13 11

14 12

15 13

16 14 Nelson Mandela

17 15

18 , , , % 82 % 81 % 19 % 18 % 19 % 47 % 54 % 47 % 28 % 27 % 33 % 13 % 10 % 9 % 11 % 8 % 8 % 1% 1% 3% % (43.7 %) (9.5 %) 8.5 % 7.2 % 7.6 %

19 , , ,320 13,045, ,990,000 12,540, ,000 95,000 97,000 3, , ,422 8,204,284 8,114, ,840, (2) 10 (2) 7 (0)

20 ,682 77,442 86, % 53.6 % 50.9 % 43.8 % 44.2 % 44.4 % 0.3 % 0.9 % 3.4 % 1.5 % 1.3 % 1.3 % 44.1 % 43.7 % 47.6 % % 27.8 % 26.8 % 17.6 % 19.8 % 17.5 % 0.8 % 0.8 % 0.8 % 8.8 % 7.9 % 7.3 % % 49.8 % 46.1 % 23.8 % 24.4 % 26.3 % 25.2 % 25.8 % 27.6 % % 8.7 % 10.4 % 35.8 % 36.8 % 37.4 % 33.9 % 32.4 % 30.4 % 18.7 % 18.0 % 17.4 % 4.1 % 4.1 % 4.4 % % 3.6 % 8.0 % 3 1,298 1,506 1, % 30 %

21

22 Federica Repetto

23 % 8.5 % ,854, ,077,163 1,489,546, % 1.64 % DBK U.S.$ WKN DB ISIN DE CINS D DBKGn.DE DBK GR

24 22 1,500 1,300 1,

25

26

27 25 17 % 9% 9% 65 %

28 Neil King

29 ,180 13, ,742 9,946 11,259 3, , , , ,127 1

30

31

32

33 CP 2 MTN 1

34 Araceli Manzano

35 33 9% 35 % 56 % ,226 9, ,734 8,080 1,172 1,215

36 34 40 % 54 % 6%

37 35 23 % 6% 30 % 41 %

38 36 40% 40% 20 %

39 37 5% 1% 29 % 65 %

40 Dan Berce

41 (916) 3, ,293 (1,714) 1,563 (33) 24 13,019 19,219 18,987 26,536 1

42

43 Q 4Q 1Q 2Q 3Q 4Q

44 Peggy Lau

45 % 1,298 50

46 44 44 % 29 % 1 % 17 % 9 %

47 45 39 % 35 % 26 %

48 Thomas Krens

49 47 48 % 33 % 8% 11 %

50

51 Kathrin Boron Privat- und Geschäftskunden AG

52 ,583 35,781 53,639 21,736 28,595 45,019 5,847 7,186 8,620 1,113 2,091 1,024 4,734 5,095 7,596 3,273 3,926 3,537 3,564 4,319 4,557 2,495 2,589 2, ,717 5,611 4,024 6, ,523 1,516 (422) (887) (365) 768 1, ,421 19,361 20,921 10,495 11,358 13,360 1,251 1,291 1, ,913 2,188 2, , ,002 2,002 2,883 3, (29) ,399 20,907 26,714 2,756 3,549 1,803 1, , , (207) 1, (0.33) (0.33)

53 , , ,619 (5,596) (2,496) 162 (3,527) (1,423) (4) 2 (1) 8 (8) (936) (1,602) 85 (54) 1,010 (7,914) (2,840) 2,375 (7,517) (2,673)

54 ,636 8,979 14,649 25, , ,689 72,796 37, , ,679 24,631 21,619 8,570 10, , ,303 5,786 8,883 6,735 8,372 1,122 1,411 8,249 7, ,612 4,208 11,082 5,524 36,950 37, , , , , , , ,433 90,709 14,817 8,790 22,290 11, ,071 8,557 3,793 4,668 10,390 4,611 53,380 33,084 97, ,055 3,103 2, , ,364 1,490 1,592 11,147 11,199 20,486 22,087 (971) (1,960) (2,310) (278) (2,828) (3,043) 1, (3) 1 0 (8) (1,700) (710) (2,594) (3,604) 28,202 29, , ,355

55 ,592 1,591 1, (102) 1,490 1,592 1,591 11,199 11,253 10, (36) (129) (85) (16) 54 11,147 11,199 11,253 22,087 22,619 23,331 1, (756) (800) (801) (386) (1,801) (23) (129) (78) 20,486 22,087 22,619 (1,960) (479) (119) (25,464) (30,755) (37,032) 23,903 28,441 36,090 1, (971) (1,960) (479) (278) (2,911) (330) (2,310) (278) 1,955 1,666 1, , (647) (809) (704) 2,196 1,955 1,666 (1,000) (767) (1,016) (888) (1,098) (487) (1,242) (1,000) (767) (3,604) 4,310 7, , ,781 (9,123) (3,919) (4) 2 (1) 8 (8) (990) (1,602) 85 (2,594) (3,604) 4,310 28,202 29,991 40,193

56 , ,113 2,091 1,024 (29) (201) (4,928) (2,806) 269 2,480 (159) 3,072 2,845 4,886 (151) (37) 207 (42) (37,624) (4,071) (1,263) (7,452) 8,627 (9,670) 22,719 11,412 (3,022) 8,095 (20,639) (4,559) 47 (296) 1,412 (8,819) (783) (13,211) 11,305 7,800 9,232 5,378 (14,004) (47,959) (35,226) 2,749 33,138 12,789 9,634 5,802 13,620 25,835 41,128 7,511 7,731 2,746 2,068 5,089 7,096 16,703 9,508 16,185 2, ,015 (19,942) (22,464) (34,289) (2,141) (4,474) (7,976) (9,030) (2,364) (8,903) 991 (1,696) (3,689) 2,469 (1,110) ,468 23,638 15,408 (21,423) (41,278) 22,548 17,751 7,603 (16,096) (4,303) 274 (15,151) 43,191 40,245 32,958 (32,366) (27,201) (22,884) (25,464) (30,755) (37,032) 23,389 28,665 36,024 (756) (800) (801) (37) (455) (522) (18) (23,629) (636) (974) (635) 325 (2,343) (1,409) 1,886 8,979 10,388 8,502 6,636 8,979 10,388 22,612 31,349 48, ,251 22,101 14,938

57 55 Josef Ackermann Clemens Börsig Tessen von Heydebreck Hermann-Josef Lamberti

58 56

59 57

60 58

61 59

62 60 Adolf Kracht Professor Dr.-Ing. E.h. Berthold Leibinger Gerald Herrmann Peter Kazmierczak Klaus Schwedler Michael Freiherr Truchseß von Wetzhausen Lothar Wacker Dr. rer. oec. Karl-Hermann Baumann Dr. Rolf-E. Breuer Dr. Ulrich Cartellieri Sir Peter Job Professor Dr. Henning Kagermann Dr. Michael Otto Tilman Todenhöfer Dipl.-Ing. Albrecht Woeste Ulrich Hartmann Dipl.-Ing. Dr.-Ing. E.h. Jürgen Weber Sabine Horn Margret Mönig-Raane Klaus Funk Ulrich Kaufmann Henriette Mark Gabriele Platscher Karin Ruck Rolf Hunck Leo Wunderlich

63 61

64 62 Dr. Rolf-E. Breuer Chairman, Frankfurt am Main Heidrun Förster* Deputy Chairperson, Deutsche Bank Privat- und Geschäftskunden AG, Berlin Dr. rer. oec. Karl-Hermann Baumann Chairman of the Supervisory Board of Siemens AG, Munich Dr. Ulrich Cartellieri Frankfurt am Main Klaus Funk* Deutsche Bank Privat- und Geschäftskunden AG, Frankfurt am Main Ulrich Hartmann from June 10, 2003, Chairman of the Supervisory Board of E.ON AG, Düsseldorf Gerald Herrmann* until June 10, 2003, Federal Executive Secretary of ver.di Vereinte Dienstleistungsgewerkschaft e.v., Berlin Sabine Horn* Deutsche Bank AG, Frankfurt am Main Rolf Hunck* from June 10, 2003, Deutsche Bank AG, Hamburg Sir Peter Job London Prof. Dr. Henning Kagermann Chairman and CEO of SAP AG, Walldorf/Baden Ulrich Kaufmann* Deutsche Bank AG, Düsseldorf Peter Kazmierczak* until June 10, 2003, Deutsche Bank AG, Essen Adolf Kracht until June 10, 2003, Chairman of the Supervisory Board of Wilhelm von Finck AG, Grasbrunn Professor Dr.-Ing. E. h. Berthold Leibinger until June 10, 2003, Chairman of the Board of Management of TRUMPF GmbH + Co. KG, Ditzingen Henriette Mark* from June 10, 2003, Deutsche Bank AG, Munich Margret Mönig-Raane* Vice President of ver.di Vereinte Dienstleistungsgewerkschaft e.v., Berlin Dr. Michael Otto Chairman of the Board of Management of Otto (GmbH & Co KG), Hamburg Gabriele Platscher* from June 10, 2003, Deutsche Bank Privat- und Geschäftskunden AG, Braunschweig Karin Ruck* from June 10, 2003, Deutsche Bank AG, Bad Soden am Taunus Klaus Schwedler* until June 10, 2003, Deutsche Bank AG, Eschborn Tilman Todenhöfer Managing Partner of Robert Bosch Industrietreuhand KG, Stuttgart Michael Freiherr Truchseß von Wetzhausen* until June 10, 2003, Deutsche Bank AG, Frankfurt am Main Lothar Wacker* until June 10, 2003, Deutsche Bank AG, Cologne Dipl.-Ing. Dr.-Ing. E. h. Jürgen Weber from June 10, 2003, Chairman of the Supervisory Board of Deutsche Lufthansa AG, Hamburg Dipl.-Ing. Albrecht Woeste Chairman of the Supervisory Board and Shareholders Committee of Henkel KGaA, Düsseldorf Leo Wunderlich* from June 10, 2003, Deutsche Bank AG, Mannheim * elected by the employees

65 63 Dr. Rolf-E. Breuer Chairman Dr. Ulrich Cartellieri Heidrun Förster* Ulrich Kaufmann* from June 10, 2003 Lothar Wacker* until June 10, 2003 Dr. Rolf-E. Breuer Chairman Dr. Ulrich Cartellieri Heidrun Förster* Ulrich Kaufmann* until June 10, 2003 Henriette Mark* from June 10, 2003 Dr. rer. oec. Karl-Hermann Baumann Chairman Dr. Rolf-E. Breuer Dr. Ulrich Cartellieri Heidrun Förster* Sabine Horn* Rolf Hunck* from June 10, 2003 Michael Freiherr Truchseß von Wetzhausen* until June 10, 2003 Dr. Rolf-E. Breuer Chairman Dr. rer. oec. Karl-Hermann Baumann Dr. Ulrich Cartellieri Sir Peter Job Substitute Member Ulrich Hartmann from June 10, 2003 Substitute Member Adolf Kracht until June 10, 2003 Substitute Member * elected by the employees

66 ,268 26, (3,659) 938 1,197 (494) (571) 107 (110) (759) 21,892 22,755 1,113 2,091 (50) 17 1,063 2,108 (200) 1,063 1,908 17,399 20, (583) (114) (62) 3 (45) (110) (759) 50 (17) 17,257 19,442

67 ,756 3,549 (494) (571) 938 1, (3,659) 107 (29) ,575 1,360 28,940 36,789 (810) (4,842) (756) (701) 27,374 31, % 10 % 13 % 4 %

68 , , , , , , , , , , , , , , ,438 28,202 29,991 40,193 43,683 32,351 21,618 22,742 24,803 23,504 17,338 29,871 29,862 37,058 39,343 35, ,847 7,186 8,620 7,028 7,994 1,113 2,091 1, ,332 10,834 10,727 11,693 7,967 5,611 4,024 6,031 7,625 2, ,503 4,163 8,133 6,944 20,155 24,456 28,517 34,001 24,307 10,495 11,358 13,360 13,526 9, (29) ,819 8,904 12,189 12,710 11,356 17,399 20,907 26,714 27,132 21,956 2,756 3,549 1,803 6,869 2,351 1, ,643 1, , (9,287) (951) (207) 1, ,513 1, % 1.1 % 2.3 % 41.4 % 5.2 % 10.2 % 7.1 % 20.1 % 81.8 % 78.8 % 87.6 % 76.5 % % 9.6 % 8.1 % 7.8 % 5.9 % 13.9 % 12.6 % 12.1 % 13.1 % 12.0 % 67,682 77,442 86,524 89,784 87,702

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