Investor Presentation - FY 2022

Investor Presentation - FY 2022 Danske Bank Net profit outlook* for 2023; We expect net profit to be in the range of DKK 15 - 17bn Income kr لله Expenses Impairments Net profit * kr We expect core income lines to grow in 2023, driven by higher net interest income and our continued efforts to drive commercial momentum. Despite a high degree of uncertainty, we expect income from trading and insurance activities to recover from the levels in 2022. We expect costs in 2023 to be in the range of 25 - 25.5bn reflecting a continued focus on cost management and despite inflationary pressure. The outlook includes sustained elevated remediation costs of approximately DKK 1.1bn. We expect loan impairment charges of up to DKK 3bn (~18bp) which primarily will be driven by a weaker macroeconomic outlook affecting model-driven impairments. We expect net profit to be in the range of DKK 15 - 17bn including the impact from the new Danish bank tax. *Note - The outlook is subject to uncertainty and depends on volume growth and macroeconomic conditions. 7

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