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 oma@sparnord.dk 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