Deutsche Bank AG

Capital/Financing Update • Dec 1, 2021

National Storage Mechanism | Additional information

RNS Number : 2037U

Deutsche Bank AG, Frankfurt

01 December 2021

01. December 2021

Not for distribution, directly or indirectly, in or into the United States or

any jurisdiction in which such distribution would be unlawful.

The German State of Saxony-Anhalt

(the Issuer)

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 02.11.2021, Deutsche Bank AG, Frankfurt (contact: Debt Syndicate, Phone No. +44 207 547 6885) hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014)) was undertaken by the Stabilisation Manager(s) named below in relation to the offer of the following securities.

The Securities:
Issuer:	The German State of Saxony-Anhalt
Guarantor (if any):	none
Aggregate nominal amount:	EUR 1,000,000,000
Description:	Saxony-Anhalt EUR 1bn 0.01% Senior unsecured Notes due 9 November 2026
ISIN Code:	DE000A3MP7P2
Issue/reoffer price:	100.632%
Spread over benchmark:	+33.7 bps vs OBL 0% 10/2026 #184
Stabilisation:
Stabilising Manager(s):	Barclays Dekabank Deutsche Bank LBBW Natwest Markets

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

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