Spar Nord Bank

In the Annual Report 2015, Spar Nord announced a share buyback programme of DKK
150 million. The buy-back was initiated on 15 February 2016 and will be
completed no later than 31 December 2016.

The purpose of buying back shares is to reduce the share capital of Spar Nord,
and the programme is executed under the European Commission’s Regulation No.
596/2014 of 16 April 2014 (the “Market Abuse Regulation”)

In week 35 of 2016, the following transactions have been made under the
programme:

                                Number of shares   VWAP  Gross value (DKK)

Accumulated from last announcement 1,817,000 99,553,362

29 August 2016 3,500 61.29 214,515

30 August 2016 2,000 62.27 124,540

31 August 2016 1,000 64.25 64,250

1 September 2016 1,500 64.92 97,380

2 September 2016 2,000 65.06 130,120

Total – week 35 10,000 630,805

Total - accumulated 1,827,000 100,184,167

Following the above transactions, Spar Nord holds a total of 1,924,029 own
shares, equal to 1.53 per cent of the Bank’s share capital.

Questions regarding this announcement can be directed to the undersigned at
tel. +45 25 27 05 80.

Sincerely yours,

Spar Nord

Ole Madsen

Senior Vice President, Communication & IR

Telephone: +45 96344010

[email protected]

Appendix – data on transactions

Volume Price Venue Time CET
250 61 XCSE 20160829 09:32:17.315000
32 61 XCSE 20160829 10:04:56.756000
205 61 XCSE 20160829 10:04:56.756000
13 61 XCSE 20160829 10:04:56.756000
500 60,5 XCSE 20160829 10:05:11.808000
500 61,5 XCSE 20160829 14:25:36.010000
500 61,5 XCSE 20160829 14:25:36.010000
500 61,5 XCSE 20160829 15:12:44.104000
500 61,5 XCSE 20160829 16:01:44.712000
500 61,5 XCSE 20160829 16:35:03.273000

Volume Price Venue Time CET
250 62 XCSE 20160830 12:47:02.145000
250 62 XCSE 20160830 13:48:40.204000
250 62 XCSE 20160830 14:31:11.330000
250 62 XCSE 20160830 15:20:46.489000
1000 62,54 XCSE 20160830 17:00:16.549522

Volume Price Venue Time CET
250 63,5 XCSE 20160831 09:47:15.416000
250 64,5 XCSE 20160831 11:40:33.737000
67 64,5 XCSE 20160831 15:17:29.570000
7 64,5 XCSE 20160831 15:47:49.987000
176 64,5 XCSE 20160831 15:55:33.320000
250 64,5 XCSE 20160831 16:44:02.453000

Volume Price Venue Time CET
250 64,5 XCSE 20160901 09:34:04.894000
250 64,5 XCSE 20160901 12:27:37.064000
250 64,5 XCSE 20160901 12:43:00.238000
250 65,5 XCSE 20160901 15:11:56.001000
250 65,5 XCSE 20160901 15:43:27.061000
250 65 XCSE 20160901 16:42:07.982000

Volume Price Venue Time CET
98 65 XCSE 20160902 09:23:32.320000
152 65 XCSE 20160902 09:53:04.724000
250 65 XCSE 20160902 11:35:16.172000
250 65 XCSE 20160902 12:38:55.358000
500 65 XCSE 20160902 15:07:51.592000
250 65 XCSE 20160902 15:41:36.687000
250 65,5 XCSE 20160902 16:27:31.780000
250 65 XCSE 20160902 16:49:34.889000

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