DEUTSCHE BANK A G

Ticker: DB CUSIP: D18190898 Class: Common Stock

LEUTHOLD GROUP, LLC's Holding History (CIK: 0001170152)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 261,209 Value ($000) $10,072 Avg Close $36.09 Range $32.95 - $39.78

Q3 2025

Shares 260,333 Value ($000) $9,218 Avg Close $34.09 Range $28.44 - $37.86

Q2 2025

Shares 252,216 Value ($000) $7,385 Avg Close $26.01 Range $18.38 - $30.50

Q1 2025

Shares 255,844 Value ($000) $6,097 Avg Close $20.41 Range $16.60 - $24.65

Q4 2024

Shares 269,880 Value ($000) $4,601 Avg Close $16.73 Range $15.59 - $17.58

Q3 2024

Shares 22,188 Value ($000) $384 Avg Close $15.63 Range $13.33 - $16.97

Q2 2024

Shares 22,704 Value ($000) $362 Avg Close $15.67 Range $14.44 - $16.97

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	261,209	$10,072	$36.09	$32.95 - $39.78
Q3 2025	260,333	$9,218	$34.09	$28.44 - $37.86
Q2 2025	252,216	$7,385	$26.01	$18.38 - $30.50
Q1 2025	255,844	$6,097	$20.41	$16.60 - $24.65
Q4 2024	269,880	$4,601	$16.73	$15.59 - $17.58
Q3 2024	22,188	$384	$15.63	$13.33 - $16.97
Q2 2024	22,704	$362	$15.67	$14.44 - $16.97