Danske Bank A/S : Receipt of market soundings and inside information

RECEIPT OF MARKET SOUNDINGS

PUBLISHED 19th December 2023

Within the business unit Danske Bank, employees of Danske Bank Asset Management ("AM") and Danica Pension, Livsforsikringsaktieselskab and Forsikringsselskabet Danica, Skadesforsikringsaktieselskabet af 1999 (together "Danica") may receive market soundings from authorized persons. A market sounding is defined as a communication of information prior to the announcement of a capital market transaction in order to gauge the interest of potential investors i n such a transaction. Conditions relating to the transaction such as its potential size or pricing to one or more potential investors are included in market sounding. Inside information and other non-public information may only be conveyed to the recipients if it is being carried out during the normal course of the exercise of employment, profession or duties in compliance with the Market Abuse

Regulation ("MAR").

Contacting recipients for consent

Before making any disclosure you are expected to obtain consent from an employee authorized of receiving market sounding to receive inside information or other non-public information and inform them of the prohibitions this will enforce upon them.

The list of employees and their areas of authorization for reception of market soundings within Danske Bank Am and Danica is presented on the pages two, three and four (2-4). All other individuals in Asset Management have been advised that they are not permitted to receive market soundings. Addressing market soundings to a non -designated employee constitutes a risk of breaching MAR.

Where contact is made via telephone

We expect that such calls made to AM and Danica recipients are recorded by the Disclosing Market Participant in compliance with the requirements of MAR.

Where contact is made via e-mail

We expect the e-mail communication to be appropriately subject headed and in accordance with the requirements of MAR.

Where contact is made in person or via unrecorded telephone or mobile

We expect to receive an e-mail confirming this market sounding as soon as possible. The e -mail communication shall set out the date and time, attendees of the meeting/conversation and the details of the market sounding in question. AM and Danica recipients shall approve the accuracy of the content of the e -mail. Such agreement by both parties should be made within 5 working days as specified in MAR.

Agreement in relation to "Insiders role" Subject to a AM and Danica recipient having agreed to be made an insider through sounding, we expect the Disclosing Market Participant to contact the AM and Danica recipient once any inside information conveyed to us ceases to be inside information.

Side 1 af 4

AM in DENMARK
Name of the designated person	Authorization with regards of receiving market soundings
Christian Fredslund Rasmussen	Equities	European and Global Equities
Alexander Callesen Zola	Equities	European and Global Equities
Jesper Neergaard Poll	Danish Equities	DK Equities
Kenneth Leiling	Nordic Equities	DK Equities
Kim Kjøller Eskildsen	Nordic Equities	DK Equities

*Emerging European Equities include Russia, all Eastern European countries (such as Poland, Hungary, Czech Republic, Romania, and Serbia etc.), CIS countries (i.e. former Soviet states, such as Georgia, Kazakhstan and Ukraine etc.), Turkey and Greece.

AM in DENMARK
Name of the designated person	Authorization with regards of receiving market soundings
Andreas Dankel	Fixed Income/Corporate Bonds**	Credits
Cecilie Hoffmeyer	Fixed Income/Corporate Bonds**	Credits
Bent Høegh-Jensen	Fixed Income/Corporate Bonds* *	Credits
Rikke Zink Secher	Fixed Income/Corporate Bonds**	Credits
Kristian Hefting	Fixed Income/Corporate Bonds**	Credits
Jakob Bendiksen	Fixed Income/Corporate Bonds**	Credits
Thomas Damgaard Nordlunde	Fixed Income/Corporate Bonds**	Credits
Katrine Jensen	Fixed Income/Corporate Bonds* *	Credits
Sivert Meland Trana	Fixed Income/Corporate Bonds**	Credits
Camilla Adamsen Nielsen	Fixed Income/Corporate Bonds**	Credits
Anne Margrethe Tingleff	Fixed Income/Emerging Markets Debt	EMD
Heather Quinn Li	Responsible Investment (DK)

• We do not expect to receive market soundings regarding Danish and non -Nordic government and mortgage/covered bonds.

Side 2 af 4

Danske Bank A/S · CVR -nr. 61 12 62 28 - København

AM in FINLAND
Name of the designated person	Authorization with regards of receiving market soundings
Ossi Santeri Lönnström	Finnish Equities	FI Equities
Ville Jalmari Kivipelto	Finnish Equities	FI Equities
Teemu Liikanen	Fixed Income	FI Fixed income
Riitta Louhento	Fixed Income	FI Fixed income

*Emerging European Equities include Russia, all Eastern European countries (such as Poland, Hungary, Czech Republic, Romania, and Serbia etc.), CIS countries (i.e. former Soviet states, such as Georgia, Kazakhstan and Ukraine etc.), Turkey and Greece.

AM in SWEDEN
Name of the designated person	Authorization with regards of receiving market soundings
Max Frydén	Swedish Equities	SE Equities
Joel Backesten	Swedish Equities	SE Equities
Herman Eriksson	Swedish Equities	SE Equities

Swedish Fixed Income does not accept to receive market sounding.

AM in NORWAY
Name of the designated person	Authorization with regards of receiving market soundings
Lars Erik Moen	Norwegian Equities	NO Equities
Renata Silva De Almeida	Norwegian Equities	NO Equities
Håvard Hegre	Norwegian Equities	NO Equities

Norwegian Fixed Income does not accept to receive market sounding.

Danske Bank A/S · CVR -nr. 61 12 62 28 - København

Side 3 af 4

DANICA
Name of the designated person	Authorization with regards of receiving market soundings
Esben Saxbeck Larsen	Equities
Erik Simoni	Equities
Michael Bødker	Fixed Income/Corporate Bonds
Ulrik Galskov	Fixed Income/Corporate Bonds
Poul Kobberup	Fixed Income/Corporate Bonds

Danske Bank A/S · CVR -nr. 61 12 62 28 - København

Side 4 af 4