Sydbank — Major Shareholding Notification 2018

Feb 27, 2018

Aabenraa, Denmark, 2018-02-27 11:00 CET (GLOBE NEWSWIRE) -- Referring to
section 31 of the Danish Capital Markets Act this is to announce that as at 26
February 2018 Sydbank A/S has through direct and indirect holdings at its
disposal 3,529,304 shares in Sydbank A/S, equal to 5.016% of the total number
of shares in Sydbank A/S.

The Bank’s holding of own shares is predominantly attributable to the Bank’s
share buyback programme of DKK 664m. The share buyback programme was initiated
on 2 March 2017 and was completed on 31 December 2017. The share buyback
programme is described in detail in Company Announcement 04/2017.

The Board of Directors recommends to the AGM on 14 March 2018 that the
repurchased shares be cancelled.