Deutsche Bank Named Depositary Bank for Einride AB’s Sponsored ADR Program

Deutsche Bank has been selected to serve as the depositary bank for Einride AB’s sponsored American Depositary Receipt (ADR) program. The appointment was disclosed in a Business Wire release. Einride AB, a Swedish autonomous freight transport company, uses the ADR structure to list its shares in the United States. As depositary bank, Deutsche Bank will manage the issuance and custody of the ADRs on behalf of investors. The role includes overseeing dividend distribution and corporate actions for the ADR holders. This partnership aims to broaden Einride’s access to U.S. capital markets. Deutsche Bank’s involvement may enhance the credibility of the ADR offering. The program is expected to facilitate trading of Einride’s shares among American investors.