Alm. Brand — Capital/Financing Update 2014

Mar 20, 2014

Alm. Brand Bank today repaid state-funded hybrid core capital in the amount of
DKK 226,000,000, ISIN code DK0030184742. This bond series has now been repaid
in full.

The repayment will not affect the company's full-year profit forecast for 2014.

Contact

Please direct any questions regarding this announcement to Susanne Biltoft,
Head of Information and Investor Relations, on tel. +45 35 47 76 61.