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News April 30, 2021
Virtual AGM 2.0: Deutsche Bank is at the forefront

In less than four weeks' time, on May 27, our 2021 Annual General Meeting will take place. Due to the pandemic, our shareholders' meeting will again be held virtually. In preparing for it, we were able to build on the positive experience of our successful first virtual Annual General Meeting, which took place in 2020. At the same time, we have also developed the format further in the interests of our shareholders, by for example allowing a limited number of live speeches and follow-up questions this year. In addition, we will be broadcasting the entire AGM live and to the general public on db.com, including the general debate and the voting process.

In a joint interview with Jens Wilhelm of Union Investment in the 'Frankfurter Allgemeine Zeitung' (FAZ), Stefan Simon, member of the Management Board of Deutsche Bank, discussed the experience with virtual AGMs to date as well as the future of these formats. Simon stresses the importance of shareholder dialogue - especially during the coronavirus pandemic. In the 2021 AGM season, our bank is the only company in the German-speaking world to facilitate a live dialogue with shareholders. In doing so, we are going far beyond the legal requirements.

We are using additional technological means to make the AGM even more interactive. It is important to us that our shareholders can exercise their shareholder rights in the best way possible, even during a virtual AGM. We are proactively trying out innovative digital forms of participation

One thing is certain: the pandemic has changed the way companies engage in dialogue with their owners and shareholder representatives for good. We are convinced that the virtual AGM format offers opportunities to significantly strengthen the exchange and exercise of shareholder rights. 'Therefore, it is important to use the means that new and innovative technology offers and to create the legal framework to further develop the AGM in the interest of our shareholders,' says Stefan Simon.

Further links on the topic

FAZ interview with Jens Wilhelm and Stefan Simon (in German)

Annual General Meeting

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Disclaimer

Deutsche Bank AG published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 14:13:02 UTC.