Deutsche Bank reduces encumbrance on YES Bank shares

Deutsche Bank AG, through its entities DB Trustee (Hong Kong) Limited and Deutsche Bank AG, Singapore Branch (DBSG), disclosed a release of encumbrance over 1,323,958,760 equity shares of YES Bank Limited. This release, made on 22 September 2025, represents 4.22% of YES Bank's total voting capital and total diluted share/voting capital.

Prior to this transaction, Deutsche Bank AG's aggregate holding, including encumbrances and direct shareholdings, amounted to 4,221,090,968 shares, or 13.46% of YES Bank's total share/voting capital. Following the release, the aggregate holding has decreased to 2,897,127,398 shares, equating to 9.24% of the total share/voting capital of YES Bank.

The move signifies a more than 2% change in the encumbered shareholding of the target company by DB Trustee and DBSG. Additionally, Nomura Singapore Limited, a lender, holds an independent interest in 3,700,900 equity shares as of 23 September 2025, representing approximately 0.01% of YES Bank’s shareholding.