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REG-AL Sydbank A/S share buyback programme: transactions in week 12

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 Company Announcement No 13/2026  Peberlyk 4 6200 Aabenraa Denmark   Tel +45 74 37 37 37   AL Sydbank A/S CVR No DK 12626509, Aabenraa al-sydbank.com  
 23 March 2026                                                                                                                                         

Dear Sirs

AL Sydbank A/S share buyback programme: transactions in week 12
On 25 February 2026 AL Sydbank A/S announced a share buyback programme of DKK
1,100m. The share buyback programme commenced on 2 March 2026 and will be
completed by 31 January 2027.

The purpose of the share buyback programme is to reduce the share capital of
AL Sydbank A/S 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 Commission Delegated Regulation (EU) 2016/1052 of 8 March
2016, collectively referred to as the Safe Harbour rules.

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

                                                                        Number of shares                    VWAP                                Gross value (DKK)                                                  
 Accumulated, most recent Announcement                                  139,000                                                                 73,959,120.00                                                      
 16 March 2026 17 March 2026 18 March 2026 19 March 2026 20 March 2026  13,000 10,000 10,000 10,000 23,000  519.62 523.88 528.33 520.30 496.96  6,755,060.00 5,238,800.00 5,283,300.00 5,203,000.00 11,430,080.00  
 Total over week 12                                                     66,000                                                                  33,910,240.00                                                      
 Total accumulated during the share buyback programme                   205,000                                                                 107,869,360.00                                                     

All transactions were made under ISIN DK 0010311471 and effected by Danske
Bank A/S on behalf of AL 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
Commission delegated regulation, is available in the attachment.

Following the above transactions, AL Sydbank A/S holds a total of 206,304 own
shares, equal to 0.23% of the Bank’s share capital.

Yours sincerely
        
AL Sydbank A/S

Attachment
*     SM 13 UK incl. enc
(https://ml-eu.globenewswire.com/Resource/Download/883b7922-b110-4eb4-a4ba-aa1db4a68922)

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