Supplementary Information - Deutsche Bank Interim Report 3Q2011

03 // CONFIRMATIONS REPORT OF THE SUPERVISORY BOARD
At its six meetings, the Risk Committee discussed the bank’s exposures subject to mandatory approval under German
law and the Articles of Association as well as all major loans and loans entailing increased risks. Where necessary,
the Risk Committee gave its approval. Apart from credit, liquidity, country and market risks, the Committee also discussed
operational, legal and reputational risks. The Committee also extensively focused on the risk situation and
developments in the U.S. mortgage market and their impacts. Furthermore, global industry portfolios were presented
according to a specified plan and discussed at length.
The Audit Committee met seven times last year. Representatives of the bank’s auditor were also present at all of the
meetings. Subjects covered were the audit and approval of the Annual Financial Statements and Consolidated Financial
Statements, quarterly financial statements, Forms 20-F and 6-K for the U.S. Securities and Exchange Commission
(SEC), as well as the interim reports. The Committee dealt with the proposal for the election of the auditor for the
2007 financial year, issued the audit mandate, specified audit areas of focus, resolved on the auditor’s remuneration
and verified the auditor’s independence in accordance with the German Corporate Governance Code and the rules of
the U.S. Public Company Accounting Oversight Board (PCAOB). The Audit Committee is convinced that, as in the
previous years, there are no conflicts of interest on the part of the bank’s auditor. It discussed, in detail, the regulations
of the Sarbanes-Oxley Act relating to the implementation of the internal control system and regularly received progress
reports on this. When necessary, resolutions were passed or recommended for the Supervisory Board’s approval.
The Audit Committee had reports submitted to it regularly on the engagement of accounting firms, including
the auditor, with non-audit-related tasks, on the work of Internal Audit as well as on legal and reputational risks. The
Audit Committee did not receive any complaints in connection with accounting, internal accounting controls and auditing
matters. Furthermore, at an extraordinary meeting, the Audit Committee discussed the transition in accounting
from U.S. Generally Accepted Accounting Principles (U.S. GAAP) to International Financial Reporting Standards
(IFRS). Also, at its last meeting of the year, the Committee requested the Management Board and the auditor to present
the planned audit areas of focus for the Annual Financial Statements 2007 and financial reporting according to
IFRS, fair value accounting, accounting treatment of loan commitments as well as consolidated and non-consolidated
special purpose entities.
The Nomination Committee established on October 30, 2007 met for the first time in December 2007. It analyzed the
current composition of the shareholder representatives’ side of the Supervisory Board and defined the requirements
for the future composition of the shareholder representatives’ side. Furthermore, it commissioned an external consulting
firm operating internationally to assist in the search for qualified candidates for the Supervisory Board.
Meetings of the Mediation Committee, established pursuant to the provisions of Germany’s Co-Determination Act
(MitbestG), were not necessary in 2007.
The committee chairmen reported regularly to the Supervisory Board on the work of the committees.
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