Audit Committee

Members of the audit committee are:
- Jens Lykke Kjeldsen
- Gravers Kjærgaard
- Gert Asmussen

The independent and expert member is Gert Asmussen. Given the bank's size and complexity and Mr Asmussen's education and work experience, the bank’s board of directors judges that Mr Asmussen possesses the required qualifications under the Danish Executive Order on Audit Committees in Undertakings and Groups Subject to Supervision by the Danish Financial Supervisory Authority ("Bekendtgørelse om revisionsudvalg i virksomheder samt koncerner, der er underlagt tilsyn af Finanstilsynet").