Correction: New Final Bond Terms for Nykredit Realkredit A/S's Base Prospectus dated 12 May 2021

To Nasdaq Copenhagen A/S

26 May 2021

Correction: New Final Bond Terms for Nykredit Realkredit A/S's Base Prospectus dated 12 May 2021

In connection with the opening of new ISINs under Nykredit Realkredit A/S's Base Prospectus dated 12 May 2021 with amendments, Nykredit issues new Final Bond Terms.

The Final Bond Terms for series 32H are stated below.

Correction: Interest Commencement Date has been updated to 01-04-2021.

Nykredit Realkredit A/S's Base Prospectus dated 12 May 2021 and the relevant Final Bond Terms are available for download in Danish and English. In the event of discrepancies between the original Danish text and the English translation, the Danish text shall prevail. The documents can be found on Nykredit's website at nykredit.com/ir.

ISIN	Series	Currency	Bond type	Maturity	IT/RF*
DK0009531139	32H	DKK	Cita6 + 20 bp	01.07.2024	RF
DK0009531212	32H	DKK	Cibor6 + 14 bp	01.07.2027	RF

* Interest- and refinancing Trigger (IT) / Refinancing Trigger (RF).

Questions may be addressed to Group Treasury, Lars Mossing Madsen, tel +45 44 55 11 66, or Christian Mauritzen, tel +45 44 55 10 14.

Attachment

• Correction New Final Bond Terms for Nykredit Realkredit ASs Base Prospectus dated 12 May 2021 - 26052021