Investor Presentation - FY 2022

Investor Presentation - FY 2022 Danske Bank Fee: Good remortgaging activity and resilient activity-driven fees partially offset lower fee income from lower AuM and lower customer activity in capital markets Highlights Activity-driven fees (transfer, accounts etc.] Up 17% Y/Y from continually strong trend for everyday banking services at LC&I & BC (FX and cash mgmt.), however, weakening trend towards the end of the year as 5% lower Q/0 Lending and guarantees Net fee income (DKK m] 565 13,525 200 -725 -211 Performance fees -764 12,590 -975 Up 8% Y/Y as well as Q/Q, due to high level of remortgaging activity on the back of higher interest rate levels 2021 Money transfers, account other fees Lending & guarantees Capital Markets Investment fees 2022 Capital markets Significant slowdown in primary ECM/DCM markets during the year, however, some rebound in activity in Q4 driven by M&A advisory at LC&I 2,999 70 -45 Investment fees Y/Y: Investment fees impacted by lower assets under management, lower performance fees and reduced investment appetite among our customers -25 126 -70 3,054 -95 03-22 Money transfers, account other fees Lending & guarantees Capital Markets Investment fees 04-22 11

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