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 27 of 2016, the following transactions have been made under the
programme:

                                Number of shares   VWAP  Gross value (DKK)

Accumulated from last announcement 1,428,931 78,667,237

4 July 2016 18,000 53.69 996,420

5 July 2016 19,000 51.55 979,420

6 July 2016 20,000 50.50 1,010,000

7 July 2016 19,000 51.50 1,030,000

8 July 2016 18,000 52.67 948,060

Total – week 27 94,000 4,933,930

Total - accumulated 1,523,931 83,601,167

Following the above transactions, Spar Nord holds a total of 1,628,127 own
shares, equal to 1.30 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]

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