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 in compliance with the European Commission’s
Regulation No 2273/2003 of 22 December 2002 (the Safe Harbour Regulation).

In week 7 of 2016, the following transactions have been made under the
programme:

              Number of shares   VWAP  Gross value (DKK)

15 February 2016 18,000 53.27 958,860

16 February 2016 17,000 53.25 905,250

17 February 2016 18,000 53.22 957,960

18 February 2016 17,000 53.71 913,070

19 February 2016 12,500 53.55 669,375

Total – week 7 82,500 53.39 4,404,515

Following the above transactions, Spar Nord holds a total of 295,365 own
shares, equal to 0.24 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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