Spar Nord Bank

Board/Management Information • Apr 27, 2011

At the annual General Meeting held on 27 April, the shareholders:

-- adopted the reports submitted and approved the allocation of net profit
-- renewed the authority granted to Spar Nord Bank to acquire its own shares
-- resolved that the General Meeting would not state whether Spar Nord Bank
will make use of the winding-up scheme referred to in Danish Act No. 721 of
25 June 2010
-- adopted the remuneration policy proposed by the Board of Directors
-- re-appointed KPMG Statsautoriseret Revisionspartnerselskab as external
auditors

Supervisory Board

The following members were re-elected: Per Nikolaj Bukh, Professor, Risskov,
Hans Østergaard, Chartered Accountant, Aalborg, and Per Søndergaard Pedersen,
General Manager, Aalborg.

The Supervisory Board also consists of: Torben Fristrup, CEO, Vestbjerg,
Carsten Normann, CEO, Vejle, and Niels Kristian Kirketerp, Farmer, Hobro, and
the members elected by the employees: Jannie Skovsen, Work Place
Representative, Ole Skov, Senior Workplace Representative, and Jannie Skovsen,
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.

Spar Nord Foundation

After the Annual General Meeting of Spar Nord Bank, an election was held to the
Executive Committee of the Spar Nord Foundation. The following were elected:
Bjarne Damm Johansen, Attorney (Chair.), Torben Fristrup, CEO (Deputy Chair.),
Otto Skak, General Manager, Kaj Christiansen, General Manager, Ivan Østergaard,
Paint Dealer, Niels Kristian Kirketerp, Farmer, Per Nikolaj Bukh, Professor,
Jannie Skovsen, Workplace Representative, and Ole Skov, Senior Workplace
Representative.

Best Regards,
Corporate Communication

Ole Madsen
Senior Vice President

Telephone: +4596344010

oma@sparnord.dk