Investor Presentation - FY 2023

Investor Presentation - FY 2023 Regulatory Engagements Ongoing Dialogue Danske Bank We engage in ongoing dialogue with our regulators through regular meetings with the Financial Supervisory Authorities ("FSAs") and Supervisory College to ensure aligned expectations and transparency between our regulators and the Bank We provide regular updates and engage in frequent interactions with the Danish FSA on our financial crime transformational progress and remediation work and proactively share information on the progress of our remediation program with other Nordic regulators Regulatory Inspections Supervisory Oversight Π - We track all regulatory inspections closely and continue to address regulatory orders we receive from our regulators in an open and transparent way. Regulatory deliverables are formally documented, and progress is frequently communicated to relevant regulators The Bank has completed and closed a number of orders received from inspections following the Estonia matter and is progressing in addressing orders received in relation to subsequent AML inspections In the past year, the Danish FSA published the outcomes of two inspections at Danske Bank focusing on money laundering and terrorist financing, and our management of EU sanctions against Russia and Belarus. The reviews did not give rise to any supervisory reactions, which we believe reflects the progress we have made in the implementation of our Financial Crime Plan* All remaining orders and recommendations from regulators have been incorporated and prioritised in our Group Financial Crime Plan. We have carried out targeted actions to rectify these issues and track them closely to completion. The Bank also addresses topics that are not highlighted in the inspection findings but noted by the Danish FSA The Danish FSA, as well as other relevant FSAs, carry out supervisory oversight of the Bank's remediation work The Group Financial Crime Plan was submitted to the Danish FSA in May 2020. In November 2021, we submitted our recalibrated Financial Crime Plan, and the Danish FSA, and other regulators, have been following its implementation closely The Danish FSA carries out extensive supervisory oversight of the Bank's financial crime transformation program. In addition to its ongoing supervision, in February 2021, the Danish FSA appointed an Independent Expert to monitor the implementation of the Bank's Financial Crime Plan. The Danish FSA has extended the appointment of the Independent Expert for an additional period to monitor the further embedding and testing of operational effectiveness of the Group Financial Crime Plan. * https://danskebank.com/investor-relations/regulation/the-danish-fsa The Danish FSA (danskebank.com] 31

View entire presentation