Company announcement no 6 2025Danske Bank
Bernstorffsgade 40
DK-1577 København V
Tel. + 45 45 14 14 00
7 February 2025
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Danske Bank A/S initiates share buy-back programme
In line with the distribution plan announced in the press release regarding the annual report for 2024 published on 7 February 2025, the Board of Directors of Danske Bank A/S (“Danske Bank”) has resolved to utilise the authorisation granted by the Annual General Meeting on 21 March 2024 to repurchase shares by initiating a share buy-back programme of up to DKK 5 billion (the “Programme”).
The purpose of the Programme is to reduce the share capital of Danske Bank.
The Programme will be implemented in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).
The Programme will be conducted in the period from 10 February 2025 to 30 January 2026, at the latest. Danske Bank may, however, at any time suspend or terminate the Programme.
The following additional conditions apply to the Programme:
Share repurchases will only take place on Nasdaq Copenhagen A/S.The Programme will be managed by an independent lead manager, which, under a separate agreement with Danske Bank, will make its trading decisions regarding the timing of the share repurchases independently of, and without influence by Danske Bank, within the timeframe set out in this announcement.The maximum amount allocated to the Programme is DKK 5 billion.The maximum number of shares that may be acquired under the Programme is 45,000,000 shares.Shares acquired under the Programme may not be purchased at a price exceeding the higher of (i) the share price of the last independent transaction on Nasdaq
