{ "docId": "019dd923-5e88-73ef-bd5c-78c13254e243", "docSlug": "451f3f1c41730bba", "documentTitle": "DB June2018 v8 cb enn ligne", "authorId": "DeutscheBank", "authorName": "Deutsche Bank", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "equity_research", "sourceTypeLabel": "Equity research", "presentationDate": null, "orientation": "portrait", "aspectRatio": 0.778, "pageNumber": 99, "pageCount": 172, "prevPage": 98, "nextPage": 100, "slideType": "appendix_disclosure", "function": "summarize", "density": "overcrowded", "nDataPoints": 0, "notes": "Page 97 of the Deutsche Bank 2013 Annual Financial Statements and Management Report.", "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5e88-73ef-bd5c-78c13254e243/99", "deckHref": "/decks/019dd923-5e88-73ef-bd5c-78c13254e243", "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5c-78c13254e243.json", "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5c-78c13254e243#slide-99", "components": [ { "bbox": { "h": 0.03, "w": 0.83, "x": 0.085, "y": 0.792 }, "kind": "paragraph", "text": "Own shares may continue to be purchased using existing derivatives that were agreed on the basis and during the existence of previous authorizations.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2749f7eb-208c-4f8c-a4f4-3a17ba7d3c3b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.83, "x": 0.085, "y": 0.752 }, "kind": "paragraph", "text": "To the sale and cancellation of shares acquired with the use of derivatives the general rules established by the General Meeting apply.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "327a16d5-2d12-45d2-9d48-3adad1b7fea9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.14, "w": 0.83, "x": 0.085, "y": 0.607 }, "kind": "paragraph", "text": "The purchase price to be paid for the shares upon exercise of the put options or upon the maturity of the forward purchase may not exceed more than 10 % or fall below 10 % of the average of the share prices (closing auction prices of the Deutsche Bank share in Xetra trading and/or in a comparable successor system on the Frankfurt Stock Exchange) on the last three stock exchange trading days before conclusion of the respective option transaction in each case excluding ancillary purchase costs but taking into account the option premium received or paid. The call option may only be exercised if the purchase price to be paid does not exceed by more than 10 % or fall below 10 % of the average of the share prices (closing auction prices of the Deutsche Bank share in Xetra trading and/or in a comparable successor system on the Frankfurt Stock Exchange) on the last three stock exchange trading days before the acquisition of the shares.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "695a86f3-971a-40fd-a8d0-40400723dda1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.14, "w": 0.83, "x": 0.085, "y": 0.462 }, "kind": "paragraph", "text": "The Annual General Meeting of May 23, 2013 authorized the Management Board pursuant to Section 71 (1) No. 8 of the Stock Corporation Act to execute the purchase of shares under the resolved authorization also with the use of put and call options or forward purchase contracts. The company may accordingly sell to third parties put options based on physical delivery and buy call options from third parties if it is ensured by the option conditions that these options are fulfilled only with shares which themselves were acquired subject to compliance with the principle of equal treatment. All share purchases based on put or call options are limited to shares in a maximum volume of 5 % of the actual share capital at the time of the resolution by the General Meeting on this authorization. The term of the options must be selected such that the share purchase upon exercising the option is carried out at the latest on April 30, 2018.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "83d17594-ce56-46c9-a2f4-32fd34dfc437", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.83, "x": 0.085, "y": 0.417 }, "kind": "paragraph", "text": "The Management Board has also been authorized to cancel shares acquired on the basis of this or a preceding authorization without the execution of this cancellation process requiring a further resolution by the General Meeting.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "870049a2-9a64-4f66-a4c5-052b736cb27f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.83, "x": 0.085, "y": 0.117 }, "kind": "paragraph", "text": "The Management Board has also been authorized with the exclusion of shareholders' pre-emptive rights to use such own shares to issue staff shares to employees and retired employees of the company and its affiliated companies or to use them to service option rights on shares of the company and/or rights or duties to purchase shares of the company granted to employees or members of executive or non-executive management bodies of the company and of affiliated companies.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "aaed3634-2a2a-4f30-8dd6-e338640e2d05", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.21, "w": 0.83, "x": 0.085, "y": 0.202 }, "kind": "paragraph", "text": "Furthermore, the Management Board has been authorized with the exclusion of shareholders' pre-emptive rights to sell such own shares to third parties against cash payment if the purchase price is not substantially lower than the price of the shares on the stock exchange at the time of sale. Use may only be made of this authorization if it has been ensured that the number of shares sold on the basis of this authorization does not exceed 10 % of the company's share capital at the time this authorization becomes effective or – if the amount is lower – at the time this authorization is exercised. Shares that are issued or sold during the validity of this authorization with the exclusion of pre-emptive rights, in direct or analogous application of Section 186 (3) sentence 4 Stock Corporation Act, are to be included in the maximum limit of 10 % of the share capital. Also to be included are shares that are to be issued to service option and/or conversion rights from convertible bonds, bonds with warrants, convertible participatory rights or participatory rights, if these bond or participatory rights are issued during the validity of this authorization with the exclusion of pre-emptive rights in corresponding application of Section 186 (3) sentence 4 Stock Corporation Act.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ecbb3a3c-df22-41b7-b19d-20a05b55f5a4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.55, "x": 0.333, "y": 0.037 }, "kind": "title", "text": "Information pursuant to Section 289 (4) of the German Commercial Code and Explanatory Report Powers of the Management Board to Issue or Buy Back Shares", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "37083b70-1467-40a7-8069-c2975cf47866", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 172, "from": 21, "beatId": "9456161e-545d-4636-b9df-03f422ad6259", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Action", "beatSlug": "monroes-sequence-action", "evidence": "The document concludes with various appendices, including risk management, capital adequacy, and compensation reports.", "position": 3, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }