Commerzbank Aktiengesellschaft / DE000CBK1001

Notification of Major Holdings

1. Details of issuer

Name:	Commerzbank Aktiengesellschaft
Street:	Kaiserstraße 16
Postal code:	60311
City:	Frankfurt am Main Germany
Legal Entity Identifier (LEI):	851WYGNLUQLFZBSYGB56

2. Reason for notification

	Acquisition/disposal of shares with voting rights
X	Acquisition/disposal of instruments
	Change of breakdown of voting rights
	Other reason:

3. Details of person subject to the notification obligation

Legal entity: UniCredit S.p.A. City of registered office, country: Piazza Gae Aulenti 3 - Tower A - 20154 Milano, Italy

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.

5. Date on which threshold was crossed or reached:

16 Dec 2024

6. Total positions

	% of voting rights attached to shares (total of 7.a.)	% of voting rights through instruments (total of 7.b.1 + 7.b.2)	Total of both in % (7.a. + 7.b.)	Total number of voting rights pursuant to Sec. 41 WpHG
New	9.49 %	15.13 %	24.63 %	1184669009
Previous notification	9.51 %	11.70 %	21.21 %	/

7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)

ISIN	Absolute		In %
	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)
DE000CBK1001	111487633	990373	9.41 %	0.08 %
Total	112478006		9.49 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Voting rights absolute	Voting rights in %
Total return swap	23.03.2026	23.09.2024 - 22.03.2026	59233450	5.00 %
Total return swap	01.07.2026 - 01.07.2027	23.09.2024 - 30.06.2027	77314461	6.53 %
Total return swap	01.07.2026 - 18.12.2026	01.11.2024 - 17.12.2026	23693490	2.00 %
Total return swap	01.07.2026 - 01.07.2027	04.11.2024 - 30.06.2027	9240418	0.78 %
Total return swap	01.07.2026 - 18.12.2026	25.11.2024 - 17.12.2026	1000000	0.08 %
Total return swap	01.07.2026 - 18.12.2026	25.11.2024 - 17.12.2026	1000000	0.08 %
Total return swap	01.07.2026 - 18.12.2026	26.11.2024 - 17.12.2026	1000000	0.08 %
Total return swap	01.07.2026 - 01.07.2027	27.11.2024 - 30.06.2027	2250000	0.19 %
Total return swap	01.07.2026 - 18.12.2026	28.11.2024 - 17.12.2026	670000	0.06 %
Total return swap	01.07.2026 - 18.12.2026	16.12.2024 - 17.12.2026	2250000	0.19 %
Right to recall lent securities	n/a	Anytime	9000	0 %
Listed option	20.12.2024 - 18.12.2026	Anytime	1550000	0.13 %
Covered warrant	20.12.2024 - 09.03.2026	Anytime	68826	0.01 %
		Total	179279645	15.13 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Cash or physical settlement	Voting rights absolute	Voting rights in %
Covered warrant	18.12.2024 - 17.12.2025	Anytime	Cash	3288	0 %
			Total	3288	0.000277545878 %

8. Information in relation to the person subject to the notification obligation

	Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X	Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights (if at least 3% or more)	% of voting rights through instruments (if at least 5% or more)	Total of both (if at least 5% or more)
UniCredit S.p.A.	9.41 %	15.00 %	24.41 %
UniCredit Bank GmbH	%	%	%

9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)

Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:

Proportion of voting rights	Proportion of instruments	Total of both
%	%	%

10. Other explanatory remarks:

Date

19 Dec 2024