Jyske Bank changes its organisation to obtain stronger customer orientation, higher professionalism in the Group's control set-up and higher development and implementation efficiency. Consequently, Jyske Bank's Supervisory Board has as at 1 June 2024 appointed Erik Gadeberg as Managing Director, Corporate Clients and Capital Markets and new member of the Group Executive Board. Erik Gadeberg has until now held the position as Managing Director of Capital Markets at Jyske Bank.

Erik Gadeberg joined Jyske Bank in 1990 and has primarily been employed in functions associated with Capital Markets, including large corporates and institutional clients. The new remit, Corporate Clients and Capital Markets under the leadership of Managing Director Erik Gadeberg, will be responsible for Corporate Clients, Corporates and Institutions, Jyske Capital, Jyske Markets and Jyske Invest Fund Management A/S. A new remit, Personal Clients and Wealth Management, will be established under the leadership of Managing Director Niels Erik Jakobsen and will be responsible for Personal Clients, Wealth Management, Jyske Realkredit A/S and Jyske Finans A/S. A new remit, Digitization and Operations, will be established under the leadership of Managing Director Peter Schleidt and will be responsible for Business Development/Personal Clients and Wealth Management, Business Development/Corporate Clients and Capital Markets, Quality, Data, Infrastructure, Business Services, Properties and Procurement and Group Support. A new remit, Risk and Compliance, will be established under the leadership of Managing Director, CRO Jacob Gyntelberg and will be responsible for Risk, Compliance, Prevention of Financial Crime, Sustainability and Legal.

Jacob Gyntelberg will take office by 6 December 2024. As previously announced, Managing Director Per Skovhus will resign from the Group Executive Board at the end of June 2024. As part of the organizational change, Sustainability is elevated with reporting lines to the Group Executive Board, and as Head of this function, Trine Lysholt Nørgaard will join Jyske Bank's Group Management.

Trine has until now held the position as Head of Investor Relations and Sustainability at Jyske Bank. Katrine Mitens will assume a newly created position as Head of Business Development/Corporate Clients and Capital Markets and will join Jyske Bank's Group Management. Katrine has been employed at Grundfos and Danske Bank among other places and most recently as Chief Technology Officer at Zenegy.

Ralf Pedersen will assume a newly created position as Head of Quality, Data and Infrastructure and will join Jyske Bank's Group Management. Ralf has until now held the position as Cluster Lead for Quality and Efficiency at Jyske Bank.