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REG- Sydbank A/S share buyback programme: transactions in week 20

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 Company Announcement No 23/2025  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  
 19 May 2025                                                                                                                                                        

Dear Sirs

Sydbank A/S share buyback programme: transactions in week 20
On 26 February 2025 Sydbank A/S announced a share buyback programme of DKK
1,350m. The share buyback programme commenced on 3 March 2025 and will be
completed by 31 January 2026.

The purpose of the share buyback programme is to reduce the share capital of
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                        762,000                                                                 317,038,140.00                                                    
 12 May 2025 13 May 2025 14 May 2025 15 May 2025 16 May 2025  15,000 15,000 14,000 13,000 12,000  420.71 425.19 426.66 430.82 436.83  6,310,650.00 6,377,850.00 5,973,240.00 5,600,660.00 5,241,960.00  
 Total over week 20                                           69,000                                                                  29,504,360.00                                                     
 Total accumulated during the share buyback programme         831,000                                                                 346,542,500.00                                                    

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
Commission delegated regulation, is available in the attachment.

Following the above transactions, Sydbank A/S holds a total of 833,985 own
shares, equal to 1.62% of the Bank’s share capital. 

Yours sincerely
        
Mark Luscombe        Jørn Adam Møller
CEO        Deputy Group Chief Executive

Attachment
*     SM 23 UK incl. enc
(https://ml-eu.globenewswire.com/Resource/Download/3fb65ff6-3dfa-4cc1-980e-1ef37158a121)

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