Company announcement Group Communications Company announcement No. 56/2017 Holmens Kanal 2 – 12 DK-1092 København K Tel. +45 45 14 56 95 30 October 2017 Danske Bank share buy-back programme: transactions in week 43 On 2 February 2017, Danske Bank A/S announced a share buy-back programme. The programme is being carried out under the European Commission’s Regulation No. 596/2014 of 16 April 2014 (the “Market Abuse Regulation”). The share buy-back for a total of DKK 10 billion, with a maximum of 90 million shares, will be made in the period from 3 February 2017 to 2 February 2018, at the latest. The following transactions were made under the share buy-back programme in week 43: Number VWAP Gross value of shares DKK DKK ------------ -------------- Total, latest announcement 29,764,000 7,318,091,160 -------------------------------------------------------------------------------- 23 October 2017 155,000 249.88 38,731,400 -------------------- 24 October 2017 160,000 247.81 39,649,600 -------------------- 25 October 2017 160,000 246.55 39,448,000 -------------------- 26 October 2017 165,000 245.48 40,504,200 -------------------- 27 October 2017 170,000 242.79 41,274,300 -------------------- Total accumulated over week 43 810,000 199,607,500 -------------------------------------------------------------------------------- Total accumulated during the share buyback 30,574,000 7,517,698,660 programme -------------------------------------------------------------------------------- With the transactions stated above, Danske Bank A/S holds a total of 32,729,241 own shares, excluding investments made on behalf of customers, or 3.49% of Danske Bank A/S’ share capital. We enclose share buy-back transactions data in detailed and aggregated form provided in accordance with the Commissions delegated regulation (EU) 2016/1052 of 8 March 2016. Danske Bank Contact: Kenni Leth, Group Press Officer, tel. +45 45 14 14 00