Sydbank — Major Shareholding Notification 2019

May 6, 2019

Nasdaq Copenhagen A/S London Stock Exchange Bourse de Luxembourg Other stakeholders

Company Announcement No 10/2019

Peberlyk 4 6200 Aabenraa Denmark

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

Sydbank A/S CVR No DK 12626509, Aabenraa sydbank.dk

6 May 2019

Dear Sirs

Major shareholder announcement - Silchester International Investors International Value Equity Trust

Pursuant to section 30 of the Danish Capital Markets Act this is to announce that Sydbank has been informed on 2 May 2019 by Silchester International Investors International Value Equity Trust that as at 1 May 2019, Silchester International Investors International Value Equity Trust through indirect holdings owns 5.0% of the total share capital of Sydbank A/S.

Yours sincerely

$\sigma$

Karen Frøsig CEO

Bjarne Larsen Deputy Group Chief Executive