New member of Danske Bank’s Executive Board with

New member of Danske Bank’s Executive Board

with responsibility for Group Compliance

Danske Bank hires Philippe Vollot as new member of the Executive Board and Chief Compliance Officer. This means that the Executive Board will expand by one member when Philippe Vollot takes up his position no later than on 1 December 2018.

Philippe Vollot is a law graduate from the Paris Descartes University and comes to Danske Bank from a position with Deutsche Bank, where he has worked since 2003, most recently as Global Head of Anti-Financial Crime & Group Anti-Money Laundering Officer.

“I am happy to welcome Philippe Vollot, who comes to Danske Bank with significant international experience – not least within the combating of financial crime and money laundering,” says Thomas F. Borgen, CEO . “With Philippe Vollot as new member of our Executive Board, we strengthen our competencies within compliance and anti-financial crime, which has been a focus area at Danske Bank in recent years. We believe that Philippe Vollot is the right person to head and develop this area.”

Danske Bank’s Executive Board will then consist of the following members:

Thomas F. Borgen, CEO Carsten Rasch Egeriis, Member of the Executive Board and Head of Group Risk Management Frederik Gjessing Vinten, Member of the Executive Board and Head of Group Development Glenn Söderholm, Member of the Executive Board and Head of Banking Nordic Henriette Fenger Ellekrog, Member of the Executive Board and Head of Group HR Jacob Aarup-Andersen, Member of the Executive Board and Head of Wealth Management Jakob Groot, Member of the Executive Board and Head of Corporates & Institutions Jesper Nielsen, Member of the Executive Board and Head of Banking DK Jim Ditmore, Member of the Executive Board and Head of Group Services & Group IT (COO) Philippe Vollot, Member of the Executive Board and Chief Compliance Officer.

As previously announced, Christian Baltzer will join the Executive Board as CFO on 15 October 2018.

Danske Bank

Kenni Leth, Group Press Officer, tel. +45 45 14 14 00

Philippe Vollot

Education 1990              Postgraduate degree in private law, Paris Descartes University 1989              Master’s degree in private law, Paris Descartes University

Main professional experience 2017–            Deutsche Bank, Frankfurt                       Global Head of Anti-Financial Crime & Group Anti-Money Laundering Officer                       2015–2017    Deutsche Bank, Frankfurt                       Global COO Compliance and Anti-Financial Crime                       2011–2015    Deutsche Bank, Dubai                       Regional Chief Operating Officer, Middle East & North Africa                       2006–2011    Deutsche Bank, Paris                       Country Chief Operating Officer                       2005–2006    Deutsche Bank, London                       Head of M&A Legal UK – General Counsel France                      

Attachment

• Company announcement No 43 2018