These principles fall into four categories: Fundamental Principles, guiding all actions and decisions of the Management Board and its delegated representatives; principles governing the trust-based cooperation between the Management Board, Supervisory Board, and key external stakeholders, especially supervisory authorities; principles relating to Deutsche Bank’s internal governance, which are a key foundation for the bank’s operational structure and for delegation of authorities and responsibilities; and, finally, Core Organizational Principles, which set the overarching framework for the Group-wide organization of Deutsche Bank.