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

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 Company Announcement No 25/2026  Peberlyk 4 6200 Aabenraa Denmark   Tel +45 74 37 37 37   AL Sydbank A/S CVR No DK 12626509, Aabenraa al-sydbank.com  
 18 May 2026                                                                                                                                           

Dear Sirs

AL Sydbank A/S share buyback programme: transactions in week 20
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)                           
                                                                                             521,000                                         274,995,290.00                              
 11 May 2026 12 May 2026 13 May 2026 14 May 2026 (public holiday) 15 May 2026 (bankholiday)  10,000 14,000 12,000 - -  531.79 525.60 528.06  5,317,900.00 7,358,400.00 6,336,720.00 - -  
 Total over week 20                                                                          36,000                                          19,013,020.00                               
 Total accumulated during the share buyback programme                                        557,000                                         294,008,310.00                              

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 559,458 own
shares, equal to 0.63% of the Bank’s share capital.

Yours sincerely
        
AL Sydbank A/S

Attachment
*     SM 25 UK incl. enc
(https://ml-eu.globenewswire.com/Resource/Download/3184fb21-6fd0-4726-834e-1f8396c0606a)

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