Yes, DR is a statistical measure - on a suitably large sample you can get more than the bit depth. Sample for this is about 250k pixels.
As I said it's 100% ISO - which is about 2/3 stop short of saturation here, down to SNR = 2, normalised to A3 at 360 ppi, which as it happens is about 24MP. SNR = 2 is a sensible limit for deep shadows. On the zone system it's zone 1 'near black, with slight tonality but no texture'. SNR=2 is fine for that, so long as there isn't a load of pattern noise in there.