Deutsche Bank to take space at YY London, Canary Wharf, London; net-zero-in-operation building.

Deutsche Bank to take space at YY London, Canary Wharf, London; net-zero-in-operation building.

Deutsche Bank to take space at YY London, Canary Wharf, from early 2028

Deutsche Bank to take space at YY London, Canary Wharf, from early 2028

Deutsche Bank today announces that it has secured office space for its infrastructure functions at YY London in Canary Wharf, following an extensive review of options ahead of the expiry of its current lease at 10 Upper Bank Street in July 2028. Canary Wharf houses the bank’s infrastructure functions including technology and operations, while its core businesses are located at its UKI headquarters at 21 Moorfields in the City of London. In late 2027, DWS will also move into 21 Moorfields.

Location: YY London, Canary Wharf, London

Current lease: 10 Upper Bank Street (expires July 2028)

Building: Fully electric, targeting net-zero-in-operation

Workplace amenities: Modern working areas, in-house cafe options, commuter facilities, rooftop gardens and terraces

Recognition: Shortlisted for the New London Architecture Awards

YY London offers a high-quality, future-ready workplace designed for collaboration, with strong sustainability credentials and smart building technology. The building’s connectivity places it within a short journey of Deutsche Bank’s City of London headquarters at 21 Moorfields, while remaining at the heart of Canary Wharf’s transport and amenity network.

“This move underlines our commitment to London. YY London’s sustainability performance, employee experience and ability to support modern ways of working made it the clear choice as we plan for the years ahead,” said Vathany Vijayaratna, Deutsche Bank’s CEO for the UK and Ireland.

Jeremy Lacey, Development Director at Quadrant, said: “YY London is a shining example of high-quality, sustainable, connected workspace that supports the way major modern businesses work. Deutsche Bank wanted a workplace that reflected its commitment to sustainability, employee wellbeing and attracting the very best talent, and we are pleased to welcome them to the building."

Stuart Keith, Managing Director of Oaktree’s Real Estate Opportunities Strategy, said: “Oaktree, alongside our partner Quadrant Estates are delighted to welcome Deutsche Bank to YY London.This letting is a testament to what we set out to create at 30 South Colonnade: a distinctive, net-zero-in-operation building with a waterfront setting and amenities designed around how modern office occupiers want to work. Deutsche Bank’s commitment to YY London reflects both the quality of the building and the enduring appeal of Canary Wharf as a global business destination.”

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

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 the most recent SEC Form 20-F under the heading “Risk Factors”. Copies of this document are readily available upon request or on the investor website .

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Jo Court Deutsche Bank AG, Media Relations +44 (0) 7879 272 651 joanne.court@db.com

Deutsche Bank AG, Media Relations +44 (0) 7879 272 651 joanne.court@db.com

Deutsche Bank AG, Media Relations

+44 (0) 7879 272 651 joanne.court@db.com

+44 (0) 7879 272 651

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