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July 5, 2018

Deutsche Bank Technology Centre Opens New Agile Office in Moscow

New investment underscores bank’s commitment to Russia, home of one of its largest Global Technology Centres with over 1,000 staff

July 5, 2018 – Moscow, Russia. Deutsche Bank’s Russia Technology Centre (DBTC) has moved to a new, modern office in the historic center of Moscow at Ozerkovskaya Naberezhnaya 24 (Aquamarine III). Over 10,000 sqm of new space now accommodates around 1,000 engineers and current staff, with space for future hires by the Technology Centre in Russia. The new office uses the newest agile tools and technologies to support the bank as it continues its digital transformation.

The new DBTC office is a unique multifunctional IT space. It is the result of collaboration between Tech Centre engineers and a design agency that focuses on the development of flexible working spaces. The office was designed as a place to boost productivity and foster cooperation between geographically distributed teams. Agile development was at the heart of the project, with key values including flexibility, being environmentally friendly and diversity.

The new office tailors to the needs of employees by offering flexible working spaces, various alternative working areas, including informal communication areas, and recreational zones. New technologies and “thin clients” enable both employees and guests to connect to remote servers from practically any point in the office. One of the key features of the new office are the Scrum Zones for stand-up meetings. Each zone is equipped with unique interactive whiteboards that instantly transmit changes to colleagues who have connected remotely. In addition to the electronic smart board, the area is equipped with cameras and monitors, providing audio and video connectivity to colleagues working remotely.

The new interior of the DBTC is an innovative, environmentally friendly space that promotes efficiency and creates a comfortable atmosphere for employees. The new office’s recreational zones include a multi-faith room for prayers and meditation, a room for nursing mothers, a hall for yoga and sports areas with showers. The space is well thought out for people with disabilities.

Borislav Ivanov-Blankenburg, Chief Country Officer for Deutsche Bank Group in Russia said:

“The new Deutsche Bank Technology Centre office is another step in the bank’s digital transformation and a large investment in Deutsche Bank’s commitment to the Russian market.”

Ekaterina Sannikova, head of Deutsche Bank Technology Centre, added:

“This is not only a significant investment in our operational infrastructure in Russia, but an investment in our people. The new office is a result of a global project; it creates a productive, comfortable and environmentally friendly atmosphere for our employees.”

For further information please contact:

Deutsche Bank AG
Media Contact
Phone: +7 495 363 2844
E-Mail:db@em-comms.com

About Deutsche Bank

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

About Deutsche Bank Technology Centre

Deutsche Bank Technology Centre specialises in the development of software that facilitates investment banking activities. The Tech Centre develops high-performance, reliable software solutions for trading liquid financial assets across the globe.

Deutsche Bank’s Russia Technology Centre has developed over 2,000 applications. They contribute to the success of the bank’s global operations including trading, algorithmic trading, transaction support, pricing, accounting and risk management. These software solutions enable Deutsche Bank to operate efficiently on international financial markets, help investors take informed decisions, receive the most relevant information, and execute transactions in a timely manner.

The Deutsche Bank Technology Centre employs over 1,000 people at its offices in Moscow and St Petersburg.

Disclaimer

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 20 March 2017 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.



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