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Deutsche Bank AG 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

140Reported items
271Asset managers
14,436Fund votes
2026-05-28Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Deutsche Bank AG in the interactive database Compare manager voting policies

How asset managers voted at the Deutsche Bank AG 2025-2026 meeting

Each item below shows how the 271 asset managers that disclosed a Deutsche Bank AG vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Deutsche Bank AG’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Resolution to be taken on the approval of the Compensation Report produced and audited pursuant to section 162 Stock Corporation Act for the 2025 financial year

SECTION 14A SAY-ON-PAY VOTES

99.8% fund support · no official result

FOR 99.8%

The 157 asset managers below cast 99.8% of the shares they voted on this item FOR (7,659,111 for, 9,050 against).

FOR: 7,659,111 (99.9%)AGAINST: 9,050 (0.1%)ABSTAIN: 21 (0.0%)

Largest asset managers voting on “Resolution to be taken on the approval of the Compensation Report produced and audited pursuant to section 162” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Northern Trust	2,487,642	0	For
BlackRock	1,691,810	0	For
ENVESTNET ASSET MANAGEMENT INC	709,508	0	For
Natixis	291,390	0	For
RAYMOND JAMES & ASSOCIATES	265,350	0	For
O'SHAUGHNESSY ASSET MANAGEMENT, LLC	264,631	21	For
WELLS FARGO CLEARING SERVICES, LLC	199,709	0	For
1832 Asset Management L.P.	179,457	0	For
ASSETMARK, INC	130,707	0	For
Managed Portfolio Series	130,219	0	For
PNC BANK, NATIONAL ASSOCIATION	127,894	0	For
Callan Family Office, LLC	126,318	0	For
OPPENHEIMER ASSET MANAGEMENT INC.	92,840	0	For
OPPENHEIMER & CO INC	78,555	0	For
Diversified Trust Co	77,425	0	For
MERCER GLOBAL ADVISORS INC /ADV	72,654	0	For
Ensign Peak Advisors, Inc	68,850	0	For
Edward D. Jones & Co., L.P.	67,364	0	For
RBB FUND, INC.	51,596	0	For
Arlington Trust Co LLC	44,722	0	For
LPL Financial LLC	44,446	0	For
Pathstone Holdings, LLC	40,756	0	For
WELLS FARGO BANK N A	40,056	0	For
GC Wealth Management RIA, LLC	34,950	0	For
Sageworth Trust Co	24,964	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

2. Approve Remuneration Report

COMPENSATION

98% fund support · no official result

FOR 98%

The 72 asset managers below cast 98% of the shares they voted on this item FOR (255,462,594 for, 3,989,058 against).

FOR: 255,462,594 (98.1%)AGAINST: 3,989,058 (1.5%)ABSTAIN: 848,594 (0.3%)NOT VOTED: 234,370 (0.1%)

Largest asset managers voting on “Approve Remuneration Report” at Deutsche Bank AG, 2025-2026
Asset manager	For	Against	Abstain	Vote
BlackRock	103,654,559	0	0	For
Vanguard	54,774,269	0	0	For
Fidelity	24,425,653	0	0	For
Capital Group	17,302,866	0	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	0	For
Dimensional	9,362,132	0	0	For
JPMorgan	5,573,034	0	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	0	For
AQR	4,132,191	0	0	For
APG Asset Management US Inc.	0	3,989,058	0	Against
TIAA	2,858,638	0	0	For
Goldman Sachs	2,691,295	0	0	For
GMO	1,461,242	0	0	For
American Century	1,311,100	0	0	For
EUPAC FUND	1,169,783	0	0	For
Invesco	1,140,605	0	0	For
Lincoln Financial	906,022	0	0	For
DWS	0	0	848,594	Abstain
Equitable	659,753	0	0	For
Putnam	652,516	0	0	For
Northern Trust	637,949	0	0	For
Columbia Threadneedle	608,601	0	0	For
MoA Funds Corp	603,850	0	0	For
Nationwide	536,917	0	0	For
Principal	462,641	0	0	For

Showing the 25 largest of 72 asset managers. See all 72 in the interactive database.

3. Approve Supervisory Board Remuneration Policy

SECTION 14A SAY-ON-PAY VOTES

100% fund support · no official result

FOR 99.4%

The 69 asset managers below cast 100% of the shares they voted on this item FOR (192,830,084 for, 0 against).

FOR: 192,830,084 (99.4%)ABSTAIN: 848,594 (0.4%)NOT VOTED: 234,370 (0.1%)

Largest asset managers voting on “Approve Supervisory Board Remuneration Policy” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
ALGEBRIS (UK) LTD	2,728,626	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For

Showing the 25 largest of 69 asset managers. See all 69 in the interactive database.

4. Appoint EY GmbH & Co. KG as Auditor for Sustainability Reporting for Fiscal Year 2026

AUDIT-RELATED

100% fund support · no official result

FOR 99.5%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,101,458 for, 0 against).

FOR: 190,101,458 (99.5%)ABSTAIN: 848,594 (0.4%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Appoint EY GmbH & Co. KG as Auditor for Sustainability Reporting for Fiscal Year 2026” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

5. Approve Allocation of Income and Dividends of EUR 1.00 per Share

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.5%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,101,458 for, 0 against).

FOR: 190,101,458 (99.5%)ABSTAIN: 848,594 (0.4%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends of EUR 1.00 per Share” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

6. Approve Discharge of Management Board Member Alexander von zur Muehlen for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Alexander von zur Muehlen for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

7. Approve Discharge of Management Board Member Bernd Leukert for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Bernd Leukert for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

8. Approve Discharge of Management Board Member Christian Sewing for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Christian Sewing for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

9. Approve Discharge of Management Board Member Claudio de Sanctis for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Claudio de Sanctis for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

10. Approve Discharge of Management Board Member Fabrizio Campelli for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Fabrizio Campelli for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

11. Approve Discharge of Management Board Member James von Moltke for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member James von Moltke for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

12. Approve Discharge of Management Board Member Laura Padovani for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Laura Padovani for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

13. Approve Discharge of Management Board Member Marcus Chromik (from May 1, 2025) for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Marcus Chromik (from May 1, 2025) for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

14. Approve Discharge of Management Board Member Olivier Vigneron (until May 19, 2025) for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Olivier Vigneron (until May 19, 2025) for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

15. Approve Discharge of Management Board Member Rebecca Short for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Rebecca Short for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

16. Approve Discharge of Management Board Member Stefan Simon (until April 30, 2025) for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Management Board Member Stefan Simon (until April 30, 2025) for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

17. Approve Discharge of Supervisory Board Member Alexander Wynaendts for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Alexander Wynaendts for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

18. Approve Discharge of Supervisory Board Member Claudia Fieber for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Claudia Fieber for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

19. Approve Discharge of Supervisory Board Member Dagmar Valcarcel (until May 22, 2025) for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Dagmar Valcarcel (until May 22, 2025) for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

20. Approve Discharge of Supervisory Board Member Florian Haggenmiller for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Florian Haggenmiller for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

21. Approve Discharge of Supervisory Board Member Frank Schulze for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Frank Schulze for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

22. Approve Discharge of Supervisory Board Member Frank Witter for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Frank Witter for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

23. Approve Discharge of Supervisory Board Member Gerlinde Siebert for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Gerlinde Siebert for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

24. Approve Discharge of Supervisory Board Member Jan Duscheck for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Jan Duscheck for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

25. Approve Discharge of Supervisory Board Member John Thain for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member John Thain for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

26. Approve Discharge of Supervisory Board Member Juergen Toegel for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Juergen Toegel for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

27. Approve Discharge of Supervisory Board Member Kirsty Roth (from May 22, 2025) for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Kirsty Roth (from May 22, 2025) for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

28. Approve Discharge of Supervisory Board Member Klaus Moosmayer (from May 22, 2025) for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Klaus Moosmayer (from May 22, 2025) for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

29. Approve Discharge of Supervisory Board Member Manja Eifert for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.5%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,101,458 for, 0 against).

FOR: 190,101,458 (99.5%)ABSTAIN: 848,594 (0.4%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Manja Eifert for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

30. Approve Discharge of Supervisory Board Member Mayree Clark for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Mayree Clark for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

31. Approve Discharge of Supervisory Board Member Michele Trogni for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Michele Trogni for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

32. Approve Discharge of Supervisory Board Member Norbert Winkeljohann for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Norbert Winkeljohann for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

33. Approve Discharge of Supervisory Board Member Sigmar Gabriel for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Sigmar Gabriel for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

34. Approve Discharge of Supervisory Board Member Stephan Szukalski for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Stephan Szukalski for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

35. Approve Discharge of Supervisory Board Member Susanne Bleidt for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Susanne Bleidt for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

36. Approve Discharge of Supervisory Board Member Theodor Weimer (until May 22, 2025) for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Theodor Weimer (until May 22, 2025) for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

37. Approve Discharge of Supervisory Board Member Timo Heider for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Timo Heider for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

38. Approve Discharge of Supervisory Board Member Yngve Slyngstad for Fiscal Year 2025

DIRECTOR ELECTIONS

100% fund support · no official result

FOR 99.4%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,005,237 for, 0 against).

FOR: 190,005,237 (99.5%)ABSTAIN: 944,815 (0.5%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Approve Discharge of Supervisory Board Member Yngve Slyngstad for Fiscal Year 2025” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

39. Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.5%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,101,458 for, 0 against).

FOR: 190,101,458 (99.5%)ABSTAIN: 848,594 (0.4%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Authorize Share Repurchase Program and Reissuance or Cancellation of Repurchased Shares” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

40. Authorize Use of Financial Derivatives when Repurchasing Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.5%

The 67 asset managers below cast 100% of the shares they voted on this item FOR (190,101,458 for, 0 against).

FOR: 190,101,458 (99.5%)ABSTAIN: 848,594 (0.4%)NOT VOTED: 42,646 (0.0%)

Largest asset managers voting on “Authorize Use of Financial Derivatives when Repurchasing Shares” at Deutsche Bank AG, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	54,774,269	0	For
BlackRock	41,288,314	0	For
Fidelity	24,425,653	0	For
Capital Group	17,302,866	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	9,824,018	0	For
Dimensional	9,362,132	0	For
FRANKLIN MUTUAL SERIES FUNDS	5,004,992	0	For
AQR	4,132,191	0	For
TIAA	2,858,638	0	For
Goldman Sachs	2,691,295	0	For
JPMorgan	2,614,459	0	For
GMO	1,461,242	0	For
American Century	1,311,100	0	For
EUPAC FUND	1,169,783	0	For
Invesco	1,140,605	0	For
Lincoln Financial	906,022	0	For
DWS	0	848,594	Abstain
Equitable	659,753	0	For
Putnam	652,516	0	For
Northern Trust	637,949	0	For
Columbia Threadneedle	608,601	0	For
MoA Funds Corp	603,850	0	For
Nationwide	536,917	0	For
Principal	462,641	0	For
FRANKLIN FUND ALLOCATOR SERIES	398,624	0	For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

Showing the 40 reported items with the widest manager coverage, of 140 in total. View every item.

Largest Deutsche Bank AG shareholders voting in 2025-2026

Ranked by the number of Deutsche Bank AG shares each manager voted on the most widely held ballot item of the 2025-2026 meeting.

Top Deutsche Bank AG shareholders by shares voted, 2025-2026
#	Asset manager	Shares voted
1	Northern Trust	2,487,642
2	BlackRock	1,691,810
3	ENVESTNET ASSET MANAGEMENT INC	709,508
4	Natixis	291,390
5	RAYMOND JAMES & ASSOCIATES	265,350
6	O'SHAUGHNESSY ASSET MANAGEMENT, LLC	264,652
7	WELLS FARGO CLEARING SERVICES, LLC	199,709
8	1832 Asset Management L.P.	179,457
9	ASSETMARK, INC	130,707
10	Managed Portfolio Series	130,219

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Deutsche Bank AG for the 2025-2026 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Deutsche Bank AG's shareholder meeting held 2026-05-28, in the 2025-2026 proxy season, 271 asset managers reported how they voted in their SEC Form N-PX filings, covering 14,436 separate fund positions. Their filings are grouped here into 140 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Resolution to be taken on the approval of the Compensation Report produced and audited pursuant… — the reporting funds cast 99.8% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Deutsche Bank AG proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).