Results of EU capital exercise - Danske Bank update

The European Banking Authority (EBA) included Danske Bank in the group of 71 European banks covered by its capital exercise. The exercise was an update of the one conducted in October. It was intended to clarify whether there is a need for recapitalisation among European banks.

The EBA set the limit for passing at a core tier 1 capital ratio of 9%. According to the final results from the EBA, Danske Bank’s core tier 1 capital was calculated at 13.8%. Danske Bank’s capital is thus well above the EBA’s limit, and the Bank has no need for additional capital.

The results of the EBA’s capital exercise are available at
www.danskebank.com/IR.