Sydbank share buyback programme: transactions in week 10

11 Mar 2024 12:56

Sydbank share buyback programme: transactions in week 10

Company Announcement No 05/2024	Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk
11 March 2024

Dear Sirs

Sydbank share buyback programme: transactions in week 10On 28 February 2024 Sydbank announced a share buyback programme of DKK 1,200m. The share buyback programme commenced on 4 March 2024 and will be completed by 31 January 2025.

The purpose of the share buyback programme is to reduce the share capital of Sydbank 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
04 March 202405 March 202406 March 202407 March 202408 March 2024	17,00017,00016,00015,00015,000	381.47381.56384.78384.08388.62	6,484,990.006,486,520.006,156,480.005,761,200.005,829,300.00
Total over week 10	80,000		30,718,490.00
Total accumulated during theshare buyback programme	80,000		30,718,490.00

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 holds a total of 1,995,125 own shares, equal to 3.53% of the Bank’s share capital.Yours sincerely Karen Frøsig Jørn Adam MøllerCEO Deputy Group Chief Executive

Attachment

SM 05 UK incl. enc