Danske Bank — Capital/Financing Update 2016

Nov 22, 2016

Company announcement No. 52/2016 Group Communications
Holmens Kanal 2-12
DK-1092 København K
Tel. +45 45 14 56 95
22 November 2016

Final Terms for Danske Bank’s additional tier 1 capital in the DKK market

We refer to the press release enclosed dated 17 November 2016 and attach Final
Terms, which together with the Base Prospectus specify the terms and conditions
of the notes.

                            Danske Bank A/S

Contact: Kenni Leth, Group Press Officer, tel. +45 45 14 14 00