Danske Bank – major shareholder announcement

This is to announce, pursuant to section 29 of the Danish Securities Trading Act, that Cevian Capital has informed Danske Bank that Cevian Capital II Master Fund LP has increased its holding of shares in Danske Bank A/S whereby its holding of shares amounts to 51,174,252 shares in the bank of a nominal value of DKK 511,742,520, equivalent to 5.07% of Danske Bank A/S’ share capital.

The aforementioned holding and major shareholder announcement relates only to Cevian Capital II Master Fund LP and does not include any holding of shares by Cevian Capital II Co-Investment Fund LP, Cevian Capital II Co-Investment No. 3 LP, Icahn Partners L.P., Icahn Partners Master Fund L.P., Icahn Partners Master Fund II L.P., Icahn Partners Master Fund III, L.P. and High River Limited Partnership.

Danske Bank A/S