Sydbank — Major Shareholding Notification 2021

Oct 25, 2021

Company Announcement No 21/2021 Peberlyk 4

6200 Aabenraa Denmark

Tel +45 70 10 78 79 Fax +45 74 37 35 36

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

25 October 2021

Dear Sirs

Major shareholder announcement – Silchester International Investors International Value Equity Trust

Referring to section 30 of the Danish Capital Markets Act this is to announce that today we have been informed by Silchester International Investors International Value Equity Trust that as at 22 October 2021, Silchester International Investors International Value Equity Trust no longer through indirect holdings has 5% of the total share capital of Sydbank A/S at its disposal.

Silchester International Investors LLP continues to have through indirect holdings more than 10% of the total share capital of Sydbank A/S at its disposal.

Yours sincerely

Karen Frøsig Bjarne Larsen CEO Deputy Group Chief Executive