Sydbank

Transaction in Own Shares • Nov 28, 2022

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

Company Announcement No 59/2022

28 November 2022

Dear Sirs

Sydbank share buyback programme: transactions in week 47

On 2 March 2022 Sydbank announced a share buyback programme of DKK 425m. The share buyback commenced on 7 March 2022 and will be completed by 30 December 2022.

The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

	Number	VWAP	Gross value
	of shares		(DKK)
Accumulated, most recent
announcement	1,807,200		403,902,418.00
21 November 2022	3,000	244.68	734,040.00
22 November 2022	2,700	250.49	676,323.00
23 November 2022	2,700	262.05	707,535.00
24 November 2022	2,500	260.66	651,650.00
25 November 2022	2,800	262.69	735,532.00
Total over week 47	13,700		3,505,080.00
Total accumulated during the
share buyback programme	1,820,900		407,407,498.00

The following transactions have been made under the share buyback programme:

All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S. Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and the Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank holds a total of 1,828,045 own shares, equal to 3.13% of the Bank's share capital.

Yours sincerely

Karen Frøsig Bjarne Larsen CEO Deputy Group Chief Executive

Volume	Price	Venue	Time CET
62		245,6 XCSE	20221121 9:01:12.585000	15.227
64		245,6 XCSE	20221121 9:10:29.538000	15.718
6		245,2 XCSE	20221121 9:12:02.721000	1.471
58		245,2 XCSE	20221121 9:12:02.725000	14.222
41		245 XCSE	20221121 9:20:39.798000	10.045
65		245 XCSE	20221121 9:21:03.200000	15.925
62		245,4 XCSE	20221121 9:30:02.670000	15.215
65		245,2 XCSE	20221121 9:34:32.058000	15.938
61		245,2 XCSE	20221121 9:47:56.129000	14.957
61		245,4 XCSE	20221121 10:04:12.229000	14.969
62		245,2 XCSE	20221121 10:04:12.255000	15.202
62		245,4 XCSE	20221121 10:27:23.499000	15.215
38		245,4 XCSE	20221121 10:50:03.569000	9.325
64		245,4 XCSE	20221121 10:50:06.615000	15.706
18		245,2 XCSE	20221121 10:50:20.384000	4.414
46		245,2 XCSE	20221121 10:50:20.384000	11.279
50		245,2 XCSE	20221121 11:04:02.877000	12.260
13		245,2 XCSE	20221121 11:04:02.877000	3.188
66		244,8 XCSE	20221121 11:17:02.625000	16.157
64		244,8 XCSE	20221121 11:28:23.131000	15.667
43		244,8 XCSE	20221121 11:39:02.290000	10.526
61		244,8 XCSE	20221121 12:23:48.739000	14.933
183		244,8 XCSE	20221121 12:23:48.739000	44.798
65		244,8 XCSE	20221121 12:30:08.145000	15.912
61		244,8 XCSE	20221121 12:36:05.563000	14.933
64		244,6 XCSE	20221121 12:36:36.776000	15.654
27		244,2 XCSE	20221121 12:54:27.517000	6.593
38		244,2 XCSE	20221121 12:54:27.517000	9.280
64		243,6 XCSE	20221121 12:58:03.737000	15.590
65		243,6 XCSE	20221121 13:33:44.032000	15.834
64		243,6 XCSE	20221121 13:33:44.032000	15.590
61		244,4 XCSE	20221121 13:48:02.802000	14.908
25		244,6 XCSE	20221121 14:03:02.735000	6.115
40		244,6 XCSE	20221121 14:03:02.735000	9.784
65		244,6 XCSE	20221121 14:27:00.458000	15.899
63		244,4 XCSE	20221121 14:56:54.074000	15.397
30		244,6 XCSE	20221121 15:24:13.018000	7.338
31		244,6 XCSE	20221121 15:24:13.018000	7.583
61		244,4 XCSE	20221121 15:44:16.167000	14.908
60		244,4 XCSE	20221121 15:44:16.167000	14.664
91		244,4 XCSE	20221121 15:44:16.170000	22.240
1		244,8 XCSE	20221121 15:59:11.921000	245
78		245 XCSE	20221121 16:00:37.112000	19.110
61		245 XCSE	20221121 16:02:39.569000	14.945
40		244,8 XCSE	20221121 16:04:38.348000	9.792
37		244,8 XCSE	20221121 16:06:25.002000	9.058
24		244,8 XCSE	20221121 16:06:25.002000	5.875
3		244,8 XCSE	20221121 16:06:25.003000	734
61		244,6 XCSE	20221121 16:14:21.229000	14.921
45		244,4 XCSE	20221121 16:14:21.267000	10.998
62		244,2 XCSE	20221121 16:15:32.082000	15.140
61		244,2 XCSE	20221121 16:17:09.177000	14.896
40		243,6 XCSE	20221121 16:22:03.318000	9.744
22		243,6 XCSE	20221121 16:22:03.318000	5.359
62		243,6 XCSE	20221121 16:25:32.350000	15.103
63 50		243,8 XCSE 243,4 XCSE	20221121 16:33:20.032000 20221121 16:38:34.056000	15.359 12.170

Volume	Price	Venue	Time CET
62		245,6 XCSE	20221121 9:01:12.585000	15.227
66		245 XCSE	20221122 9:01:06.553000	16.170
64		244,6 XCSE	20221122 9:03:58.982000	15.654
66		244,6 XCSE	20221122 9:12:40.057000	16.144
61		244,4 XCSE	20221122 9:18:08.761000	14.908
65		244,2 XCSE	20221122 9:19:41.606000	15.873
64		245,2 XCSE	20221122 9:41:40.521000	15.693
64		245 XCSE	20221122 9:42:26.619000	15.680
64		244,8 XCSE	20221122 9:48:01.036000	15.667
61		245,8 XCSE	20221122 10:06:25.476000	14.994
63		245,8 XCSE	20221122 10:25:09.462000	15.485
63		246,2 XCSE	20221122 10:26:59.774000	15.511
65		246,2 XCSE	20221122 10:31:08.356000	16.003
63		245,6 XCSE	20221122 10:34:35.114000	15.473
61		246,2 XCSE	20221122 10:53:02.086000	15.018
61		252,2 XCSE	20221122 10:55:04.482000	15.384
63		250,8 XCSE	20221122 11:04:46.839000	15.800
66		253 XCSE	20221122 11:14:04.074000	16.698
61		254,2 XCSE	20221122 11:33:41.386000	15.506
63		255 XCSE	20221122 11:55:56.636000	16.065
64		254,8 XCSE	20221122 12:02:51.353000	16.307
63		253,6 XCSE	20221122 12:18:43.357000	15.977
63		253 XCSE	20221122 12:33:36.602000	15.939
64		253 XCSE	20221122 12:59:56.091000	16.192
61		252,6 XCSE	20221122 12:59:56.119000	15.409
61		253,4 XCSE	20221122 13:24:51.896000	15.457
66		253,4 XCSE	20221122 13:30:04.774000	16.724
65		253 XCSE	20221122 13:41:09.843000	16.445
66		252,6 XCSE	20221122 13:52:10.588000	16.672
19		253 XCSE	20221122 14:21:11.445000	4.807
63		252,8 XCSE	20221122 14:27:27.890000	15.926
58		252,8 XCSE	20221122 14:31:00.651000	14.662
8		252,8 XCSE	20221122 14:31:00.651000	2.022
64		252,6 XCSE	20221122 14:34:28.712000	16.166
65		252 XCSE	20221122 15:07:16.188000	16.380
62		252 XCSE	20221122 15:12:50.188000	15.624
62		252 XCSE	20221122 15:16:13.177000	15.624
62		252,8 XCSE	20221122 15:29:04.601000	15.674
64		253 XCSE	20221122 15:31:32.134000	16.192
61		253,2 XCSE	20221122 15:55:36.979000	15.445
1		253,2 XCSE	20221122 15:55:46.789000	253
65		253,2 XCSE	20221122 15:55:46.789000	16.458
65		253,6 XCSE	20221122 16:04:03.819000	16.484
65		253,6 XCSE	20221122 16:05:35.398000	16.484
63		253,8 XCSE	20221122 16:10:56.689000	15.989
65		253,6 XCSE	20221122 16:17:47.231000	16.484
11		253,8 XCSE	20221122 16:23:04.125020	2.792
Volume	Price	Venue	Time CET
63		260,2 XCSE	20221123 9:07:59.621000	16.393
64		260,4 XCSE	20221123 9:16:31.838000	16.666
66		260,2 XCSE	20221123 9:19:16.833000	17.173
66		260,8 XCSE	20221123 9:25:49.414000	17.213
63		261,4 XCSE	20221123 9:36:02.625000	16.468
64		261,8 XCSE	20221123 9:44:35.145000	16.755
61		262,2 XCSE	20221123 9:49:28.187000	15.994
62		263,2 XCSE	20221123 10:05:34.491000	16.318
64		264 XCSE	20221123 10:19:46.997000	16.896

61	263,8 XCSE	20221123 10:19:49.669000	16.092
65	263,8 XCSE	20221123 10:33:41.389000	17.147
63	264,2 XCSE	20221123 10:52:41.676000	16.645
65	262,8 XCSE	20221123 11:05:16.548000	17.082
64	262,8 XCSE	20221123 11:17:20.367000	16.819
63	262,6 XCSE	20221123 11:21:52.658000	16.544
41	262,8 XCSE	20221123 11:36:44.930000	10.775
19	262,4 XCSE	20221123 11:42:06.619000	4.986
65	262,4 XCSE	20221123 11:49:28.560000	17.056
64	262,6 XCSE	20221123 12:09:41.088000	16.806
61	262,2 XCSE	20221123 12:25:19.682000	15.994
65	262,4 XCSE	20221123 12:27:51.773000	17.056
65	262 XCSE	20221123 12:48:27.336000	17.030
63	262 XCSE	20221123 13:28:34.049000	16.506
62	262 XCSE	20221123 13:28:34.049000	16.244
16	262 XCSE	20221123 13:28:34.070000	4.192
61	261,6 XCSE	20221123 13:33:24.049000	15.958
61	261,8 XCSE	20221123 13:55:27.568000	15.970
64	262,4 XCSE	20221123 14:12:32.858000	16.794
66	262 XCSE	20221123 14:28:56.494000	17.292
64	261,8 XCSE	20221123 14:40:16.999000	16.755
61	261,6 XCSE	20221123 14:49:52.190000	15.958
62	261,4 XCSE	20221123 14:54:28.284000	16.207
62	261,8 XCSE	20221123 15:09:19.470000	16.232
63	261,6 XCSE	20221123 15:13:23.777000	16.481
65	261,8 XCSE	20221123 15:30:04.586000	17.017
64	262,2 XCSE	20221123 15:40:35.559000	16.781
64	261,6 XCSE	20221123 15:49:11.574000	16.742
64	261,6 XCSE	20221123 15:56:11.916000	16.742
66	261,4 XCSE	20221123 16:00:05.157000	17.252
61	261,8 XCSE	20221123 16:06:55.664000	15.970
50	261,6 XCSE	20221123 16:09:33.095000	13.080
15	261,6 XCSE	20221123 16:09:33.095000	3.924
33	261,8 XCSE	20221123 16:14:54.031000	8.639
60	262 XCSE	20221123 16:17:39.323000	15.720
10	261,8 XCSE	20221123 16:17:59.202000	2.618
51	261,8 XCSE	20221123 16:17:59.202000	13.352
58	262,2 XCSE	20221123 16:27:31.585347	15.208
Volume	Price Venue	Time CET
61	262,8 XCSE	20221124 9:01:02.609000	16.031
62	262,4 XCSE	20221124 9:09:40.845000	16.269
63	262,4 XCSE	20221124 9:12:54.391000	16.531
61	262 XCSE	20221124 9:20:00.256000	15.982
9	260,6 XCSE	20221124 9:28:24.917000	2.345
60	260,8 XCSE	20221124 9:30:54.601000	15.648
2	260,2 XCSE	20221124 9:38:14.594000	520
6	260,4 XCSE	20221124 9:40:36.591000	1.562
54	260,4 XCSE	20221124 9:40:36.591000	14.062
62	260,4 XCSE	20221124 9:44:17.848000	16.145
63	259,4 XCSE	20221124 9:50:39.524000	16.342
62	259 XCSE	20221124 10:02:45.552000	16.058
48	260,8 XCSE	20221124 10:34:59.607000	12.518
62	260,4 XCSE	20221124 10:36:27.131000	16.145
59	260,4 XCSE	20221124 10:42:39.754000	15.364
7	260,2 XCSE	20221124 10:52:33.793000	1.821
10	260,2 XCSE	20221124 10:53:14.127000	2.602
63	260,6 XCSE	20221124 11:01:35.202000	16.418
60	260,4 XCSE	20221124 11:21:04.334000	15.624

61	260,4 XCSE		20221124 11:31:00.323000	15.884
60	260,6 XCSE		20221124 12:12:49.178000	15.636
3	260,2 XCSE		20221124 12:26:06.438000	781
8	260,2 XCSE		20221124 12:26:20.424000	2.082
11	260,2 XCSE		20221124 12:26:56.064000	2.862
49	260,2 XCSE		20221124 12:26:56.064000	12.750
59	260,2 XCSE		20221124 12:31:35.047000	15.352
59	260 XCSE		20221124 13:04:03.227000	15.340
26	260 XCSE		20221124 13:04:03.227000	6.760
32	260 XCSE		20221124 13:04:03.227000	8.320
27	260 XCSE		20221124 13:04:03.250000	7.020
60	260,2 XCSE		20221124 13:10:05.015000	15.612
59	260 XCSE		20221124 13:10:55.997000	15.340
59	259,8 XCSE		20221124 13:30:43.096000	15.328
59	259,2 XCSE		20221124 13:38:14.716000	15.293
63	259,8 XCSE		20221124 13:46:42.780000	16.367
63	259,8 XCSE		20221124 14:09:02.672000	16.367
62	259,8 XCSE		20221124 14:40:05.121000	16.108
59	260,2 XCSE		20221124 15:12:09.210000	15.352
28	260,2 XCSE		20221124 15:15:56.380000	7.286
32	260,2 XCSE		20221124 15:15:56.380000	8.326
60	261 XCSE		20221124 15:47:08.378000	15.660
61	261 XCSE		20221124 15:47:08.378000	15.921
58	261 XCSE		20221124 15:47:08.400000	15.138
61	260,8 XCSE		20221124 15:54:30.964000	15.909
64	261,2 XCSE		20221124 16:10:19.060000	16.717
65	261,4 XCSE		20221124 16:18:18.522000	16.991
59	261,4 XCSE		20221124 16:19:04.208000	15.423
3	261,4 XCSE		20221124 16:19:04.208000	784
60	261,4 XCSE		20221124 16:28:46.004588	15.684
47	261,4 XCSE		20221124 16:28:46.004588	12.286
50	261,6 XCSE		20221124 16:45:26.578646	13.080
53	261,6 XCSE		20221124 16:45:26.578646	13.865
46	261,6 XCSE		20221124 16:45:26.578646	12.034
Volume	Price	Venue Time CET
4	260,2 XCSE		20221125 9:39:31.494000	1.041
12	260,8 XCSE		20221125 9:44:18.208000	3.130
52	260,8 XCSE		20221125 9:44:18.208000	13.562
60	261 XCSE		20221125 9:58:14.434000	15.660
35	261 XCSE		20221125 9:58:14.494000	9.135
26	261 XCSE		20221125 9:58:14.494000	6.786
61	261,2 XCSE		20221125 10:14:12.971000	15.933
61	261,2 XCSE		20221125 10:14:12.971000	15.933
64	261,2 XCSE		20221125 10:22:17.785000	16.717
63	261,2 XCSE		20221125 10:42:42.344000	16.456
63	261,2 XCSE		20221125 10:42:42.344000	16.456
61	261 XCSE		20221125 10:47:25.664000	15.921
62	261,4 XCSE		20221125 11:03:43.169000	16.207
60	261,2 XCSE		20221125 11:03:59.640000	15.672
44	262,6 XCSE		20221125 11:39:19.390000	11.554
61	262,6 XCSE		20221125 11:48:08.823000	16.019
63	262,4 XCSE		20221125 11:51:36.112000	16.531
59	262,6 XCSE		20221125 11:58:45.494000	15.493
61	262,8 XCSE		20221125 12:22:34.994000	16.031
59	262,6 XCSE		20221125 12:22:53.527000	15.493
62	263 XCSE		20221125 12:48:07.832000	16.306
63	263,2 XCSE		20221125 13:13:39.926000	16.582
64	263,2 XCSE		20221125 13:22:57.117000	16.845

59	263,4 XCSE	20221125 13:44:18.133000	15.541
59	263,4 XCSE	20221125 13:49:30.267000	15.541
60	263,2 XCSE	20221125 14:04:38.045000	15.792
16	263,2 XCSE	20221125 14:05:01.981000	4.211
27	263,2 XCSE	20221125 14:05:01.981000	7.106
16	263,2 XCSE	20221125 14:05:01.981000	4.211
64	263 XCSE	20221125 14:13:28.249000	16.832
6	262,6 XCSE	20221125 14:27:41.319000	1.576
114	262,6 XCSE	20221125 14:27:41.319000	29.936
60	262,6 XCSE	20221125 14:32:37.195000	15.756
60	262,4 XCSE	20221125 14:37:48.584000	15.744
62	262,4 XCSE	20221125 14:51:54.780000	16.269
54	262,8 XCSE	20221125 14:58:50.019000	14.191
9	262,8 XCSE	20221125 14:58:50.019000	2.365
120	263,4 XCSE	20221125 15:12:40.483000	31.608
59	263 XCSE	20221125 15:17:38.544000	15.517
45	263 XCSE	20221125 15:17:38.568000	11.835
17	263 XCSE	20221125 15:17:38.568000	4.471
62	263 XCSE	20221125 15:33:41.204000	16.306
51	264,2 XCSE	20221125 15:51:29.364000	13.474
60	264,2 XCSE	20221125 15:56:06.093000	15.852
59	264,2 XCSE	20221125 15:59:00.405000	15.588
61	264 XCSE	20221125 16:01:10.436000	16.104
76	264,2 XCSE	20221125 16:10:06.541000	20.079
1	264,2 XCSE	20221125 16:10:20.937000	264
61	264,2 XCSE	20221125 16:10:20.937000	16.116
64	263,8 XCSE	20221125 16:12:09.213000	16.883
60	263,8 XCSE	20221125 16:19:10.236000	15.828
60	263,4 XCSE	20221125 16:24:01.927000	15.804
58	263,2 XCSE	20221125 16:27:03.406000	15.266