Investor Presentation - FY 2023

Investor Presentation - FY 2023 Realkredit Danmark portfolio overview: Continued strong credit quality Highlights Portfolio facts, Realkredit Danmark, 0423 - Approx. 304,000 loans (residential and commercial) - Average LTV ratio of 53% (50% for retail, 57% for commercial) We comply with all five requirements of the supervisory diamond for Danish mortgage credit institutions 716 loans in 3- and 6-month arrears (0323: 772) - 14 repossessed properties (0323:14) - Around 2% of the loan portfolio has an LTV above 80% DKK 7bn of the loan portfolio is covered by government guarantee LTV ratio limit at origination (legal requirement] - Residential: 80% ■ Commercial: 60% Total RD loan portfolio of FlexLånⓇ F1-F4 [DKK bn] 142 134 124 113 110 104 95 92 89 84 75 5 72 69 67 93 93 93 660 69 71 73 77 64 Retail loans, Realkredit Danmark, 0423 (%) Fixed rate (10yrs-30 yrs) Variable rate (6m-10 yrs) Danske Bank Interest-only Repayment ( ) = 0323 42% 55% (43%) (55%) 52% (63%) 50% (47%) 58% (57%) 45% (45%) 50% 48% (37%) (53%) Stock of loans: DKK 426 bn (430bn) New lending: DKK 13 bn (11bn) Retail mortgage margins, LTV of 80%, owner-occupied (bps) Adjustable rate¹ 139 134 111 114 106 96 86 68 03 04 Q1 02 03 04 01 02 03 Q4 Q1 02 03 Q4 Q1 02 03 Q4 Q1 Q2 03 04 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 Repayment Interest-only 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). 21

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