Overall Performance All Institutions

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1 Overall Performance All Institutions Rank Score Domestic Equity 1 4,14 Danske Bank Markets 2 4,05 Nordea Markets 3 3,63 SEB 4 3,35 Carnegie 5 3,31 ABG Sundal Collier Research & Advisory Rank Score Rank Score Execution Corporate Access Rank Score 1 4,22 Danske Bank Markets 2 4,01 Nordea Markets 3 3,60 SEB 4 3,45 Carnegie 5 3,40 ABG Sundal Collier 1 4,12 Nordea Markets 2 4,10 Danske Bank Markets 3 3,53 SEB 4 3,20 Jyske Bank 5 3,12 Carnegie 1 4,09 Nordea Markets 2 4,01 Danske Bank Markets 3 3,77 SEB 4 3,31 ABG Sundal Collier 5 3,28 Carnegie Based on 40 interviews. For more information, please visit Domestic Equity

2 Overall Performance Tier 1 Rank Score Domestic Equity 1 4,18 Danske Bank Markets 2 3,95 Nordea Markets 3 3,57 SEB 4 3,30 Carnegie 5 3,28 ABG Sundal Collier Research & Advisory Rank Score Rank Score Execution Corporate Access Rank Score 1 4,25 Danske Bank Markets 2 3,93 Nordea Markets 3 3,57 SEB 4 3,43 Carnegie 5 3,41 ABG Sundal Collier 1 4,17 Danske Bank Markets 2 4,10 Nordea Markets 3 3,43 SEB *4 2,96 Carnegie *4 2,96 Jyske Bank 1 4,00 Danske Bank Markets 2 3,89 Nordea Markets 3 3,69 SEB 4 3,27 ABG Sundal Collier 5 3,25 Carnegie Based on 15 interviews. For more information, please visit Domestic Equity

3 All Sectors All Danske Bank Markets Tier Danske Bank Markets Nordea Markets Nordea Markets SEB SEB Carnegie Carnegie ABG Sundal Collier ABG Sundal Collier 3

4 Macro Strategy All Danske Bank Markets All Danske Bank Markets Nordea Markets SEB SEB Nordea Markets Jyske Bank ABG Sundal Collier Carnegie Carnegie 4

5 Quantitative Telecom All Nordea Markets All Danske Bank Markets Danske Bank Markets Nordea Markets 3 90 SEB Carnegie 4 88 ABG Sundal Collier SEB 5 58 Carnegie 5 92 ABG Sundal Collier 5

6 Banking Insurance All Danske Bank Markets All ABG Sundal Collier SEB Danske Bank Markets ABG Sundal Collier SEB Nordea Markets Nordea Markets 5 79 Carnegie 5 84 Jyske Bank 6

7 Pharmaceuticals Medical Technology All Nordea Markets All Danske Bank Markets Danske Bank Markets Carnegie SEB Nordea Markets Carnegie ABG Sundal Collier ABG Sundal Collier SEB 7

8 Bio Technology Retail All Nordea Markets All Carnegie Danske Bank Markets Danske Bank Markets ABG Sundal Collier Nordea Markets 4 84 Carnegie ABG Sundal Collier 5 66 SEB SEB 8

9 Food, Beverages & Ingredients Shipping & Transport All Danske Bank Markets All Danske Bank Markets Nordea Markets Carnegie Carnegie Nordea Markets SEB SEB ABG Sundal Collier ABG Sundal Collier 9

10 Capital Goods IT All Danske Bank Markets All Danske Bank Markets Carnegie SEB Nordea Markets Carnegie SEB Nordea Markets ABG Sundal Collier ABG Sundal Collier 10

11 Property, Construction & Building Materials Services All Danske Bank Markets All Danske Bank Markets Nordea Markets SEB Carnegie ABG Sundal Collier Handelsbanken Nordea Markets SEB Carnegie 11

12 Energy Small Caps All Danske Bank Markets All Danske Bank Markets Carnegie ABG Sundal Collier Nordea Markets Nordea Markets SEB 4 99 Carnegie ABG Sundal Collier 5 61 SEB 12