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REG-AL Sydbank A/S share buyback programme: transactions in week 19

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 Company Announcement No 24/2026  Peberlyk 4 6200 Aabenraa Denmark   Tel +45 74 37 37 37   AL Sydbank A/S CVR No DK 12626509, Aabenraa al-sydbank.com  
 11 May 2026                                                                                                                                           

Dear Sirs

AL Sydbank A/S share buyback programme: transactions in week 19
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)                                                 
                                                              466,000                                                               245,629,900.00                                                    
 04 May 2026 05 May 2026 06 May 2026 07 May 2026 08 May 2026  9,000 9,000 15,000 12,000 10,000  539.56 540.59 527.60 533.32 533.02  4,856,040.00 4,865,310.00 7,914,000.00 6,399,840.00 5,330,200.00  
 Total over week 19                                           55,000                                                                29,365,390.00                                                     
 Total accumulated during the share buyback programme         521,000                                                               274,995,290.00                                                    

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 521,478 own
shares, equal to 0.59% of the Bank’s share capital.

Yours sincerely
        
AL Sydbank A/S

Attachment
*     SM 24 UK incl. enc
(https://ml-eu.globenewswire.com/Resource/Download/c17fbc2e-28e5-4873-8a8c-35a98f29f69e)

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