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REG-AL Sydbank A/S share buyback programme: transactions in week 17

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 Company Announcement No 20/2026  Peberlyk 4 6200 Aabenraa Denmark   Tel +45 74 37 37 37   AL Sydbank A/S CVR No DK 12626509, Aabenraa al-sydbank.com  
 27 April 2026                                                                                                                                         

Dear Sirs

AL Sydbank A/S share buyback programme: transactions in week 17
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)                                                 
                                                                        391,000                                                            204,447,450.00                                                    
 20 April 2026 21 April 2026 22 April 2026 23 April 2026 24 April 2026  6,000 6,000 8,000 8,000 8,000  566.23 566.92 555.36 543.38 544.64  3,397,380.00 3,401,520.00 4,442,880.00 4,347,040.00 4,357,120.00  
 Total over week 17                                                     36,000                                                             19,945,940.00                                                     
 Total accumulated during the share buyback programme                   427,000                                                            224,393,390.00                                                    

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 430,216 own
shares, equal to 0.48% of the Bank’s share capital.

Yours sincerely
        
AL Sydbank A/S

Attachment
*     SM 20 UK incl. enc
(https://ml-eu.globenewswire.com/Resource/Download/3f194ca5-876c-4850-b981-1c2423e9fa38)

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