Financial Performance - Realkredit Danmark reported a net profit of DKK 2,455 million for the first half of 2025, an increase from DKK 2,129 million in the same period of 2024, primarily driven by a net reversal of loan impairment charges and lower expenses [5][6][9] - Total expenses decreased to DKK 425 million in H1 2025 from DKK 511 million in H1 2024, attributed to the discontinuation of payments to the fully funded Resolution Fund and reductions in operating expenses [6][9] Loan and Credit Quality - The underlying credit quality remained strong, with loan impairment charges reflecting a net reversal of DKK 129 million in H1 2025, compared to a charge of DKK 227 million in H1 2024 [9] - The average loan-to-value ratio decreased to 50% at the end of June 2025 from 53% at the end of 2024, supported by stable market values and increasing house prices [9] Market Outlook and Initiatives - The outlook for the housing market in Denmark is positive, bolstered by strong macroeconomic indicators and lower inflation, with a notable increase in commercial lending activity [5][6] - Realkredit Danmark and Danske Bank launched initiatives in home finance, including the Danske BoligStart concept aimed at young home finance customers, and removed additional margins on new loans with interest-only periods for lower loan-to-value ratios [2][3] - The company is enhancing digital solutions, including a new housing universe in Danske Mobile Banking, to provide customers with better access to home finance information and services [4][9] Green Financing - There has been a consistent increase in demand for green financing, with total lending across green loan types reaching DKK 30 billion by the end of H1 2025 [9] - The company expanded the purposes for loans for energy improvements, allowing personal customers to borrow at favorable rates for installing battery solutions for surplus electricity [9]

Group 1 - The company, Realkredit Danmark, has completed the auctions of mortgage covered bonds (SDRO's) in series 12E and 12F for the refinancing of RD Cibor6® effective from 1 July 2025 [1] - The results of the auctions are detailed in an appendix attached to the announcement [1]

To Nasdaq Copenhagen A/S Executive ManagementBernstorffsgade 40DK-1577 København Vwww.rd.dkTelephone +45 7012 53005 May 2025 Company Announcement number 40/2025 Final auction amounts of mortgage covered bonds series 12E and 12F Realkredit Danmark hereby announces the final auction amounts of mortgage covered bonds (SDRO) for the refinancing of RD Cibor6® as of 1 July 2025. The exact terms and conditions of the auctions are set out in the appendix to this announcement. The Executive Management Any additio ...

Company Performance - The financial performance for the first quarter of 2025 was satisfactory, with a net profit of DKK 1,249 million, an increase from DKK 1,005 million in Q1 2024, primarily driven by a net reversal of loan impairment charges [8][10][12] - The loan-to-value ratio fell to 51%, indicating strong credit quality of the loan portfolio [1] - Expenses decreased to DKK 223 million from DKK 278 million in Q1 2024, partly due to the final year of contributions to the Danish resolution fund [9] Market Conditions - Despite geopolitical and economic uncertainty, the Danish economy remains robust, with a decline in consumer confidence but supported by rising real income and a favorable labor market [2][15] - The housing market started well in 2025, with continued growth in activity and rising prices expected throughout the year [2] - The commercial real estate market showed steady expansion, with improved alignment of buyer and seller interests due to adjusted required rates of return reflecting higher interest rates [3][16] Lending and Financial Initiatives - Mortgage lending increased by DKK 1.1 billion in Q1 2025, with gross lending amounting to DKK 27.1 billion compared to DKK 23.2 billion in Q1 2024 [11] - The company has removed the additional margin on interest-only periods for new loans with a loan-to-value ratio below 60%, promoting a holistic view of personal finances [5] - There is significant potential for energy efficiency improvements in the Danish housing market, with around 10% of homeowners planning to enhance energy efficiency in the coming year [6][7] Climate Initiatives - Growing awareness among homeowners regarding climate change has led to new initiatives by Danske Bank to support homeowners in adapting their properties to climate effects, including fee-free loans [7] - In the commercial real estate sector, there is increasing momentum for energy efficiency improvements, with property owners actively addressing climate-related risks [8]

Group 1 - Realkredit Danmark will hold auctions for mortgage covered bonds series 10F on 27 March 2025, with a value date of 31 March 2025 due to remortgaging activity [1] - The final amounts for the auctions will be announced on the auction day via Bloomberg's chat system, with expected sales of DKK 300 million for FlexLån®, DKK 400 million for other floating rate loans, and DKK 200 million for fixed rate loans [2] - A total of DKK 5.1 billion, including auction amounts, is expected to be sold, although Realkredit Danmark is not obligated to sell the entire announced amount [3]