The sign you are asking about is known as the Yield right of way sign.
In Germany, this sign indicates that drivers must yield to vehicles coming from another road or direction. When you see this sign, you should slow down and be prepared to stop if necessary. If there are other vehicles approaching from the direction you need to yield to, you must allow them to go first before proceeding.
Remember that yielding does not mean coming to a complete stop if the road is clear; you should still be cautious and avoid any potential collisions. This sign is crucial at intersections or when merging onto a busy road. Always be aware of the traffic around you to ensure safety for yourself and others.
If you have any other questions about traffic rules or need information on another sign, feel free to ask!