Investor Presentation - FY 2023

Investor Presentation - FY 2023 Danske Bank Danske Bank's strong balance sheet underpins our resilient business model which includes a well-balanced ALM strategy and a very strong liquidity position Danske Bank has a sound funding structure and remains very well capitalised with a prudent CET1 capital buffer to the current regulatory requirements. Further, our liquidity is underpinned by more than DKK 250bn in cash and a liquidity coverage ratio (LCR) of 170%, well above the minimum requirements ■ Diversified and solid deposit mix that includes a retail base where the majority is covered by the Nordic guarantee schemes. Further, the fully-funded pass-through mortgage structure in Denmark provides a structural deposit surplus - We executed DKK 95bn of our total wholesale funding plan of DKK 80-100bn for 2023. Funding plan for 2024: DKK 80 - 100bn Sound funding structure (DKK bn] Diversified and stable deposit base Strong liquidity position 2,306 156 9% 5% % 175 Senior & NPS bonds LCR Retail Nordic Global Private Banking 1,779 19% 1,137 Deposits Retail DK Bank loans 626 8% 150 Northern Ireland 21% Bank mortgages 397 Business Customers 256 Covered bonds Total bank deposits (DKK bn] RD mortgages 756 756 Issued RD bonds of which Stable deposits* Loans Funding of which Operational deposits* Stable & Operational, % of bank deposits 31% 125 LC&I 170% 0421 0422 Q423 1,168 1,170 1,137 100 376 388 373 297 319 307 58% 60% 60% 75 0419 0420 0421 0422 0423 *Based on regulatory definition. E.g., Stable deposits include fully insured retail deposits to customers with full relationship at Danske Bank. Operational deposits is from Corporate depositors maintained to obtain clearing, custody and cash management 9

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