Sydbank — Board/Management Information 2014

Mar 13, 2014

Sydbank

Peberlyk 4 · PO Box 1038 DK-6200 Aabenraa

Tel +45 74 37 37 37 Fax +45 74 37 35 36

sydhank dk SWIFT SYBKDK22

Sydbank A/S CVR No DK 12626509, Aabenraa

NASDAQ OMX Copenhagen London Stock Exchange Bourse de Luxembourg Other stakeholders

Company Announcement No 08/2014

13 March 2014

Dear Sirs

Sydbank's Board of Directors

At the Shareholders' Committee meeting which took place after the AGM, the Shareholders' Committee re-elected Peder Damgaard, General Manager and former Principal, and Erik Bank Lauridsen, General Manager, to the Board of Directors. Hanni Toosbuy Kasprzak, Board Chairman, had declined re-election.

The Shareholders' Committee elected Jacob Chr. Nielsen, Managing Director, and Susanne Beck Nielsen, Attorney, new members of the Board of Directors.

• Jacob Chr. Nielsen is 40 years old and has been Managing Director $\bullet$ of International Transport Danmark (ITD) since 1 July 2010.
• Susanne Beck Nielsen is 55 years old and the owner of "beck rechtsanwälte" which has approx 40 employees and offices in Hamburg and Berlin.

As a result of the election of Jacob Chr. Nielsen and Susanne Beck Nielsen, the Board of Directors consists of seven members elected by the Shareholders' Committee and three members elected by the Bank's employees.

At the subsequent board meeting, the Board of Directors elected its Chairman (unchanged), Anders Thoustrup, General Manager, and its Vice-Chairman, Torben H. Nielsen, former Central Bank Governor.

Yours sincerely

Nail Mallyaud

Niels Møllegaard Group Executive Vice President