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Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Freelancer Limited

1. Deutsche Bank appointed as depositary bank for Freelancer Limited's ADR program. 2. Freelancer Limited operates platforms for freelancing and secure online payments. 3. Freelancer also manages Loadshift, an extensive freight network in Australia. 4. DB enhances its role in administering cross-border equity structures. 5. DB offers diverse services including banking and project financing globally.

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FAQ

Why Bullish?

The appointment enhances DB's service offerings, potentially attracting new clients and revenue streams. Similar past announcements have led to positive price movements.

How important is it?

The appointment aligns with DB's growth strategy, increasing likelihood of higher market engagement.

Why Long Term?

The impact will unfold as more companies consider DB for ADR services, reflecting long-term growth strategies.

Related Companies

FRLCYFLN
- NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of Freelancer Limited. Freelancer Limited (OTC: FRLCY) is a marketplace provider for freelancing and crowdsourcing. Freelancer owns Escrow.com, a provider of secure online payments. Freelancer also owns Loadshift, an Australian heavy haulage network with over 800 million kilometers of freight posted since inception. Freelancer is listed on the Australian Securities Exchange under the ticker ASX:FLN and headquartered in Sydney, Australia.* In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings. * This information was provided by Freelancer Limited (May 2025). Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific. The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© May 2025 Deutsche Bank AG. All rights reserved. More News From Deutsche Bank

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