DEUTSCHE BANK A G

Ticker: DB CUSIP: D18190898 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2025

Shares 37,930 Value ($000) $1,463 Avg Close $36.09 Range $32.95 - $39.78

Q3 2020

Shares 700,000 Value ($000) $5,880 Avg Close $8.41 Range $7.03 - $9.20

Q2 2020

Shares 700,000 Value ($000) $6,664 Avg Close $6.95 Range $5.19 - $9.33

Q1 2020

Shares 1,000,000 Value ($000) $6,420 Avg Close $7.45 Range $4.48 - $10.01

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	37,930	$1,463	$36.09	$32.95 - $39.78
Q3 2020	700,000	$5,880	$8.41	$7.03 - $9.20
Q2 2020	700,000	$6,664	$6.95	$5.19 - $9.33
Q1 2020	1,000,000	$6,420	$7.45	$4.48 - $10.01