Deutsche Bank’s Values & Beliefs

We live by the highest standards of integrity in everything we say and do

We drive value for shareholders by putting long-term success over short-term gain

We earn our clients’ trust by placing them at the core of our organization

We foster innovation by valuing intellectual curiosity in our people

We protect the firm’s resources by always thinking and acting like owners

We build diverse teams to generate better ideas and reach more balanced decisions

We will do what is right – not just what is allowed

We encourage entrepreneurial spirit which responsibly balances risks and returns

We deliver true value by understanding and serving our clients’ needs best

We enable our clients’ success by constantly seeking suitable solutions to their problems

We live by the rules and hold ourselves accountable to deliver on our promises – no excuses

We put the common goals of the firm before “silo” loyalty by trusting, respecting and working with each other

We communicate openly; we invite, provide and respect challenging views

We pursue lasting performance by developing, nurturing and investing in the best talent, and by managing based on merit

We strive to pursue mutually beneficial client relationships in which the value created is shared fairly

We continuously improve our processes and platforms by embracing new and better ways of doing things

We achieve operational excellence by striving to “get it right the first time”

We act as responsible partners with all our stakeholders and regulators, and in serving the wider interests of society