Danske Bank

Transaction in Own Shares • Dec 1, 2025

Danske Bank share buy-back programme: transactions in week 48

Danske Bank share buy-back programme: transactions in week 48

Company announcement no. 53 2025

Danske Bank

Bernstorffsgade 40

DK-1577 København V

Tel. + 45 33 44 00 00

01 December 2025

Page 1 of 1

Danske Bank share buy-back programme: transactions in week 48

On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a

total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period

from 10 February 2025 to 30 January 2026, at the latest, as described in

company announcement no. 6 2025.

The Programme is carried out in accordance with Article 5 of Regulation (EU)

No 596/2014 of the European Parliament and Council of 16 April 2014 (the

"Market Abuse Regulation") and the Commission Delegated Regulation (EU)

2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the

"Safe Harbour Rules").

The following transactions on Nasdaq Copenhagen A/S were made under the share

buy-back programme in week 48:

|Number of shares|VWAP DKK|Gross value DKK

-------------------------------------+----------------+--------+---------------

Accumulated, last announcement | 16,031,588|250.7810| 4,020,417,702

-------------------------------------+----------------+--------+---------------

24 November 2025 | 40,000|289.8578| 11,594,312

| | |

25 November 2025 | 40,000|291.5518| 11,662,072

| | |

26 November 2025 | 76,000|295.7629| 22,477,980

| | |

27 November 2025 | 75,000|296.7093| 22,253,198

| | |

28 November 2025 | 75,000|296.0441| 22,203,308

-------------------------------------+----------------+--------+---------------

Total accumulated over week 48 | 306,000|294.7414| 90,190,869

-------------------------------------+----------------+--------+---------------

Total accumulated during the share | | |

buyback programme | 16,337,588|251.6044| 4,110,608,572

-------------------------------------+----------------+--------+---------------

With the transactions stated above, the total accumulated number of own shares

under the share buy-back programme corresponds to 1.957% of Danske Bank A/S'

share capital.

Danske Bank

Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel.

+45 25 42 43 70