Sydbank

Transaction in Own Shares • Jul 24, 2023

National Storage Mechanism | Additional information

Company Announcement No 15/2023	Peberlyk 4 6200 Aabenraa Denmark Tel +45 74 37 37 37 Fax +45 74 37 35 36 Sydbank A/S CVR No DK 12626509, Aabenraa sydbank.dk
24 July 2023

Dear Sirs

Sydbank share buyback programme: transactions in week 29

On 6 July 2023 Sydbank announced a share buyback programme of DKK 600m. The share buyback programme commenced on 10 July 2023 and will be completed by 31 January 2024.

The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

The following transactions have been made under the share buyback programme:

	Number of shares	VWAP	Gross value (DKK)
Accumulated, most recent announcement	94,000		30,057,400.00
17 July 2023 18 July 2023 19 July 2023 20 July 2023 21 July 2023	19,000 20,000 18,000 21,000 22,000	319.51 320.48 317.51 316.23 319.49	6,070,690.00 6,409,600.00 5,715,180.00 6,640,830.00 7,028,780.00
Total over week 29	100,000		31,865,080.00
Total accumulated during the share buyback programme	194,000		61,922,480.00

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S. Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 204,405 own shares, equal to 0.36% of the Bank’s share capital.

Yours sincerely

Karen Frøsig        Jørn Adam Møller

CEO                    Deputy Group Chief Executive

Attachment

• SM 15 UK incl. enc