Deutsche Bank Hires Celeste Guth

Deutsche Bank today announced that Celeste Guth will join as a Managing Director and Co-Head of the Global Financial Institutions Group (FIG) with Tadhg Flood. Guth will be based in New York and report to Paul Stefanick, Global Head of Investment Banking Coverage and Advisory and Co-Head of Corporate Finance Americas.

Guth will join from Goldman Sachs where she was most recently Vice Chairman of FIG and Global Co-Head of Insurance Investment Banking and was previously Head of Americas FIG from 2003 to 2012. She joined Goldman Sachs in 1986 and has been a partner since 2002.

Stefanick said: “Financial institutions are a key client priority for Deutsche Bank. Celeste’s vast experience and track-record as a senior advisor to leading insurance companies and other financial institutions underscores our commitment to strengthening our coverage and strategic advice to clients in the sector.”

Guth holds a Bachelors degree in Economics and Computer Science from City University of New York and earned an MBA from Harvard Business School.

About Deutsche Bank

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 20 March 2015 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.

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