Statement by Management

The Board of Directors and the Management Board have today considered and adopted the annual report of Finansiel Stabilitet for the financial year 1 January – 31 December 2024.

The annual report is presented in accordance with applicable legislation. The consolidated financial statements are prepared in accordance with the International Financial Reporting Standards (IFRS) as adopted by the EU, and the parent company financial statements are prepared in accordance with the Danish Financial Business Act.

We believe that the consolidated and parent company financial statements give a true and fair view of the Group’s and the Company’s assets, liabilities and financial position as at 31 December 2024 and of the results of the Group’s and the Company’s operations and of consolidated cash flows for the financial year 1 January – 31 December 2024.

We also believe that the transactions comprised by the financial reporting are in accordance with appropriations granted, laws and other regulations and with agreements concluded and normal practice.

Finally, we believe that due financial consideration has been taken in the management of the funds and the operation of the enterprises comprised by the financial statements and that, as part of this, we have established systems and processes that support economy, productivity and efficiency.

In our opinion, the management’s review includes a fair review of the development and financial performance of the Group’s and the Company’s activities and the result and financial position for the year, together with a description of the principal risks and uncertainties that the Group and the Company face.

We recommend that the annual report be approved by the annual general meeting.

Copenhagen, 7 March 2025