Deutsche Bank AG

Capital/Financing Update • Nov 19, 2020

National Storage Mechanism | Additional information

RNS Number : 8706F

Deutsche Bank AG London

19 November 2020

19-Nov-20

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

which such distribution would be unlawful.

The Ministry of Finance of the People's Republic of China

Post-stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 14/10/20201 Deutsche Bank AG (contact: DCM Syndication TA; telephone: 0207 54 54153 hereby gives notice that no stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) or the rules of the Financial Conduct Authority)2 was undertaken by the Stabilisation Manager(s)3 named below in relation to the offer of the following securities.

The Securities:

Issuer:                                                                                  The Ministry of Finance of the People's Republic of China

Guarantor (if any):                                                         

Aggregate nominal amount:                                            USD 6bn

Description:                                                                        PEOPLE'S REPUBLIC OF CHINA US$ 144A/REG S - 3/5/10/30yr

Stabilisation Manager(s):                                              Bank of China, Bank of Communications, China Construction Bank, China International Capital Corporation, BofA Securities, Citigroup, Crédit Agricole CIB, CTBC Bank, Deutsche Bank, Goldman Sachs (Asia) L.L.C., J.P. Morgan, Mizuho Securities and Standard Chartered Bank              

Offer Price:                                                                         99.926| 99.734 | 99.756| 98.707

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