Spar Nord Bank

AGM Information • Apr 23, 2014

At the Annual General Meeting held on 23 April, the shareholders:

· adopted the
reports submitted and approved the allocation of net profit

· adopted the
remuneration policy proposed by the Board of Directors as well as
the Board of Directors’ remuneration for 2013 and the level of remuneration for
2014

· adopted the
proposed authority granted to Spar Nord Bank to acquire its
own shares

· re-appointed
KPMG Statsautoriseret Revisionspartnerselskab (CVR no. 30700228) as external
auditors

Supervisory Board

The following members were re-elected: Laila Mortensen, CEO, Copenhagen,
Torben Fristrup, CEO, Vestbjerg, Fritz Dahl Pedersen, Managing Director,
Skive.

Kjeld Johannesen, CEO, Nibe, was elected as new member.

The Supervisory Board also consists of Per Nikolaj Bukh, Professor,
Risskov, Hans Østergaard, Chartered Accountant, Aalborg, and Kaj Christiansen,
Managing Director, Frederikshavn, and the members elected by the employees:
Jannie Skovsen, Work Place Representative, Ole Skov, Senior Workplace
Representative, and Gitte Holmgaard Sørensen, Workplace Representative.

At the following Board Meeting for the purpose of
electing officers, the Supervisory Board appointed Torben Fristrup Chairman and
Per Nikolaj Bukh Deputy Chairman.

Best Regards,

Corporate Communication

Ole Madsen

Senior Vice President

Telephone: +4596344010

oma@sparnord.dk