Deutsche Bank

Annual Report 2017

Equity Exposure

The table below presents the carrying values of our equity investments according to IFRS definition split by trading and nontrading for the respective reporting dates. We manage our respective positions within our market risk and other appropriate risk frameworks.

Composition of our Equity Exposure

in € m.

Dec 31, 2017

Dec 31, 2016

1

Includes equity investment funds amounting to € 367 million as of December 31, 2017 and € 288 million as of December 31, 2016.

Trading Equities

85,932

75,633

Nontrading Equities1

2,496

2,979

Total Equity Exposure

88,427

78,613

As of December 31, 2017, our Trading Equities exposure was mainly composed of € 84.8 billion from Corporate & Investment Bank activities and € 1.2 billion from the Deutsche Asset Management business. Overall trading equities increased by € 10.3 billion year on year driven mainly by increased exposure in Corporate & Investment Bank activities.