DB AG as the parent company of DB Group

In addition to the report on DB Group, the development of DB AG is explained below. As the parent company of DB Group, DB AG prepares its annual financial statements in accordance with the principles of the German Commercial Code (Handelsgesetzbuch; HGB) and the German Stock Corporation Act (Aktiengesetz; AktG). There are no separate steering-related performance figures, and no separate sustainability indicators for the parent company DB AG. For this reason, the statements provided for DB Group apply to DB AG as well.

In addition to the governance functions of Group Management (including Group Development, Finance and Treasury as well as Human Resources), DB AG also comprises legally dependent service units of DB AG (including DB Real Estate, DB Training and DB Procurement). These are service units that act, in particular, as internal service providers on behalf of DB Group’s business units.