Spar Nord Bank

Board/Management Information • Feb 27, 2012

To Nasdaq OMX Copenhagen and the Press

27 February 2012 Company Announcement No. 6, 2012

Election of members to the Board of Directors of Spar Nord Bank A/S

At the Annual General Meeting of Spar Nord Bank to be held on 18 April 2012 four members of the Board of Directors are to be elected.

Among existing members of the Board of Directors whose current term expires at the Annual General Meeting, Mr Torben Fristrup and Mr Carsten Normann have informed the Board that they will stand for re-election. Mr Niels Kristian Kirketerp has informed the Board that he will not stand for re-election. Finally, Mr Per Søndergaard Pedersen has already stepped down from the Board (reference is made to Company Announcement No. 12/2011).

The Board has now completed its search process for new Board members and is pleased to inform that it proposes Mrs Laila Mortensen, CEO, and Mr Kaj Christiansen, CEO, be elected to the Board of Directors of Spar Nord Bank A/S at the Annual General Meeting on 18 April 2012.

Mrs Laila Mortensen is currently the CEO of Industriens Pension and holds a number of directorships in the financial sector. Laila Mortensen brings along special competencies in finance and risk management.

Mr Kaj Christiansen holds a degree in accounting and is currently the CEO of FME, Frederikshavn Maritime Erhvervspark A/S. Previously, Mr Christiansen served as the CFO of Danyard A/S. Hence, Mr. Christiansen brings along strong management experience. Furthermore, Mr Christiansen has special competencies in real-estate.

Furthermore, the Board of Directors proposes Mr Torben Fristrup and Mr Carsten Normann for reelection.

Kind Regards, Spar Nord Bank A/S

Ole Madsen Senior Vice President, tel.: (+45) 96 34 40 10