Deutsche Bank AG

Board/Management Information • Apr 30, 2025

CLASS LIMITED

Statement of Directors' responsibilities in respect of Directors' report and the financial statements

The Directors are responsible for preparing the Director's Report and the financial statements in accordance with applicable laws and regulations.

Jersey Company law requires the Directors to prepare financial statements for each financial year in accordance with generally accepted accounting principles. The financial statements of the Company are required by law to give a true and fair view of the state of affairs of the Company at the year end and of the profit or loss of the Company for the year then ended. In preparing these financial statements, the Directors should:

• select suitable accounting policies and then apply them consistently;
• make judgments and estimates that are reasonable and prudent;
• prepare the financial statements on the Going Concern basis unless it is inappropriate to presume that the Company will continue in business; and
• state whether they have been prepared in accordance with applicable accounting standards, identify those standards and note the effect and the reasons for any material departure from those standards.

The Directors are also required by the Transparency (Directive 2004/109/EC) Regulation 2007 and the Transparency Rules of the Luxembourg Financial Services Regulatory Authority to include a Directors' report containing a review of the business and a description of the principal risks and uncertainties facing the Company.

The Directors are responsible for keeping adequate accounting records which are sufficient to show and explain its transactions and are such as to disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements prepared by the Company comply with the requirements of the Companies (Jersey) Law 1991. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

These financial statements comply with the above-mentioned requirements.

Responsibility Statement, in accordance with the Transparency Regulations

Each of the Directors, whose names and functions are listed on page 1 of these financial statements confirm that, to the best of each person's knowledge and belief:

• the financial statements, prepared in accordance with IFRS as adopted by the EU, give a true and fair view of the assets, liabilities, and financial position of the Company at 31 December 2024 and its result for the year then ended; and
• the Directors' Report includes a fair review of the development and performance of the business and the position of the Company, together with a description of the principal risks and uncertainties that it faces.

Approved and authorised for issue on behalf of the Board on 30 April 2025.

Marc Harris Director