Deutsche Bank Supports Initiative to Eliminate Veteran Homelessness in the United States

Zero: 2016 aims to end veteran and chronic homelessness in 71 US communities

NEW YORK--()--Deutsche Bank Americas Foundation today announced a commitment of USD 250,000 to the Zero: 2016 initiative, a national campaign to end veteran and chronic homelessness over the next two years in 71 US communities, representing 30 different states and the District of Columbia, run by Community Solutions.

In 2014, 49,933 former military individuals were homeless on a given night, according to the US Department of Housing and Urban Development. In addition, 1.4 million other veterans are currently considered at risk of homelessness due to poverty, lack of support networks, and dismal living conditions in overcrowded or substandard housing, according to The National Coalition of Homeless Veterans.

Through Zero: 2016, Community Solutions will work with communities to meet the federal goal set by President Barack Obama to end veteran homelessness by December 2015. In addition, Zero: 2016 communities will work to end chronic homelessness by December 2016. With guidance from the Community Solutions staff, community leaders will design and implement Coordinated Assessment and Housing Placement Systems that will ensure communities can more quickly, effectively and efficiently house their homeless populations.

“In partnership with Zero: 2016 and the hard working individuals at Community Solutions, we are aiming to eliminate chronic and veteran homelessness across the US in the next two years to meet the goal set by President Obama,” said Jacques Brand, Chief Executive Officer of Deutsche Bank North America. “Providing vital quality of life support to the men and women of the US armed forces is a priority for us as our veterans continue to face unique challenges when transitioning to life after service.”

Deutsche Bank is one of the founding members of Veterans on Wall Street (VOWS), an initiative dedicated to honoring former military personnel and employees currently in the National Guard and Reserve by facilitating career and business opportunities in the financial services industry. The Bank also led the development of the Jacksonville Military Veterans Coalition, which provides job opportunities for military veterans and educates employers on the value of veterans, and hosted a career fair for veterans earlier this year in the New England region.

To learn more about Zero: 2016, please visit: cmtysolutions.org/zero2016.

To learn more about VOWS, please visit: http://www.veteransonwallstreet.com.

Deutsche Bank is a leading client-centric global universal bank serving 28 million clients worldwide. 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 2014 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.

Contacts

Deutsche Bank AG
Press Relations
Oksana Poltavets, +1-212-250-0072
oksana.poltavets@db.com

Contacts

Deutsche Bank AG
Press Relations
Oksana Poltavets, +1-212-250-0072
oksana.poltavets@db.com