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Investor Presentaiton

Investor Presentation - First quarter 2023 Realkredit Danmark portfolio overview: Continued strong credit quality Highlights Portfolio facts, Realkredit Danmark, Q1 23 • Approx. 311,306 loans (residential and commercial) . • Average LTV ratio of 49,5% (49% for retail, 50% for commercial) We comply with all five requirements of the supervisory diamond for Danish mortgage credit institutions 718 loans in 3- and 6-month arrears (04-22:711] . 6 repossessed properties (04-22:6) • DKK 5 bn in loans with an LTV ratio >100%, including DKK 3 bn covered by a public guarantee LTV ratio limit at origination (legal requirement] • Residential: 80% • Commercial: 60% Total RD loan portfolio of FlexLånⓇ F1-F4 [DKK bn] 144 146 142 134 124 113 110 104 95 92 89 84 75 72 69 67 69 64 23 71 73 77 Danske Bank Retail loans, Realkredit Danmark, Q1 23 (%) Fixed rate (10 yrs-30 yrs) Variable rate (6m-10 yrs) Interest-only Repayment ( ) = 0422 43% (44%) 54% (53%) 53% (51%) 52% (52%) 57% (56%) 46% (46%) 47% (49%) 48% (50%) Stock of loans: DKK 432 bn (438bn) New lending: DKK 15 bn (21bn) Retail mortgage margins, LTV of 80%, owner-occupied (bp) Adjustable rate¹ 111 106 86 68 143 138 118 101 Q1 Q2 03 04 Q1 Q2 03 04 Q1 02 03 04 Q1 02 03 04 01 02 03 04 Q1 1-2 yrs 3-4 yrs 5 yrs+ 2018 2019 2020 2021 2022 2023 Fixed rate 1-2 yrs 3-4 yrs 5 yrs+ Fixed rate Interest-only Repayment 1 In addition, we charge 30 bp of the bond price for refinancing of 1- and 2-year floaters and 20 bp for floaters of 3 or more years [booked as net fee income). 17
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