Sydbank A/S share buyback programme is terminated

Summary by AI ^BETAClose X

Sydbank A/S has terminated its share buyback program, which was initially announced on February 26, 2025, with a total value of DKK 1,350 million. As of today, the company has repurchased shares amounting to DKK 1,000 million under this program. A total of 2,172,000 shares have been repurchased to date. The termination is a consequence of the merger agreement between Sydbank, Arbejdernes Landsbank, and Vestjysk Bank, as disclosed in Company Announcement No. 48. A proposal to reduce the company’s share capital by the purchased shares will be presented at the extraordinary general meeting on December 4, 2025.

Disclaimer*

Company Announcement No 50/2025	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
27 October 2025

Dear Sirs

Sydbank A/S share buyback programme is terminated

On 26 February 2025 Sydbank announced a share buyback programme of DKK 1,350m. As of today’s date shares totalling DKK 1,000m have been repurchased under the share buyback programme.

The share buyback will be terminated today as a result of Company Announcement No 48, in which it was announced that Sydbank, Arbejdernes Landsbank and Vestjysk Bank have entered into a merger agreement.

As of today’s date 2,172,000 shares have been repurchased. At the extraordinary general meeting held on 4 December 2025 it will be proposed that the company’s share capital be reduced by the shares purchased under the programme.

Yours sincerely

Mark Luscombe        Jørn Adam Møller
CEO        Deputy Group Chief Executive

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