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A US Person is a natural person resident in the United States; or a company or partnership incorporated or organized in the US, but excluding an offshore branch or agency of a US Person that operates for valid business reasons and is engaged and regulated as an insurance company or bank; or a branch or agency of a foreign entity located in the US; or a trust of which the trustee is a US Person, unless a non-US Person has or shares investment discretion; or an estate of which a US Person is the executor or administrator, unless the estate is governed by foreign law and a non-US Person has or shares investment discretion; or a non-discretionary account held for the benefit of a US Person; or a discretionary account held by a US dealer or fiduciary, unless held for the benefit of a non-US Person; or any entity organized or incorporated for the purposes of evading US securities laws with respect to Investment Advisory Services. The definition of “US Person” will not add any individual who had not been in the usa at that time to become a good investment advisory customer of Danske Bank.

With regards to Broker-Dealer Services, an United States individual is any consumer present in the United States, other than a client whom resided outside the united states of america at the time his / her relationship with Danske Bank ended up being founded and who—when contained in the United States—is neither (i) a US citizen (including a double resident associated with the United States and a different country), (ii) an United States lawful permanent resident (in other words., “green card holder”), nor (iii) someone who is otherwise in the us apart from on a short-term foundation.

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