SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank
Annual Report 2010 on Form 20-F
Item 6: Directors, Senior Management and Employees 112
of staff reductions and other restructuring measures, a declaration on the importance of health protection
measures in companies, an extension of the early retirement agreement and a commitment for starting negotiations
on new rules for work on Saturdays in 2011.
Our employers’ association negotiates with the following unions:
— ver.di (Vereinigte Dienstleistungsgewerkschaft), a union formed in July 2001 resulting from the merger of
five unions, including the former bank unions Deutsche Angestellten Gewerkschaft and Gewerkschaft
Handel, Banken und Versicherungen
— Deutscher Bankangestellten Verband (DBV – Gewerkschaft der Finanzdienstleister)
— Deutscher Handels- und Industrieangestellten Verband (DHV – Die Berufsgewerkschaft)
German law prohibits us from asking our employees whether they are members of labor unions. Therefore, we
do not know how many of our employees are members of unions. Approximately 15 % of the employees in the
German banking industry are unionized. We estimate that less than 15 % of our employees in Germany are
unionized (excluding Postbank, which itself has traditionally had a significantly higher unionization rate of approximately
70 %). On a worldwide basis, we estimate that approximately 15 % of our employees are members
of labor unions (including Postbank, less than 25 %).
As of December 31, 2010, approximately 33 % of Postbank staff members are civil servants.
Share Ownership
Management Board
As of February 18, 2011 and February 19, 2010, respectively, the current members of our Management Board
held the following numbers of our shares and share awards.
Members of the Management Board
Number of
shares
Number of
share awards 1
Dr. Josef Ackermann 2011 560,589 259,596
2010 355,474 197,260
Dr. Hugo Bänziger 2011 55,531 100,520
2010 36,116 89,402
Jürgen Fitschen 2011 169,008 92,671
2010 98,339 86,747
Anshuman Jain 2011 457,192 414,906
2010 338,717 433,046
Stefan Krause 2011 – 71,363
2010 – 36,049
Hermann-Josef Lamberti 2011 125,291 98,626
2010 97,740 78,190
Rainer Neske 2011 60,509 90,875
2010 42,547 75,395
Total 2011 1,428,120 1,128,557 2
Total 2010 968,933 996,089
1 Including the share awards Mr. Fitschen, Mr. Jain and Mr. Neske received in connection with their employment by us prior to their appointment as member of the
Management Board. The share awards listed in the table have different vesting and allocation dates. The last share awards will be allocated in August 2016.
2 Thereof 89,904 vested.