Sydbank — Share Issue/Capital Change 2017

May 2, 2017

Aabenraa, Denmark, 2017-05-02 15:33 CEST (GLOBE NEWSWIRE) -- At the AGM of
Sydbank A/S on 23 March 2017 it was resolved to reduce the Bank’s share capital
by nominally DKK 18,790,250 by cancelling 1,879,025 shares which were acquired
during the Bank’s share buyback programme in 2016.

The capital reduction was implemented and registered today.

As a result Sydbank’s total share capital represents nominally DKK 703,611,740,
equivalent to 70,361,174 shares of DKK 10 each and 70,361,174 voting rights.