Annual General Meeting of Spar Nord Bank A/S

Company announcement no. 10

At the Annual General Meeting held on 10 April 2019, the shareholders:

• adopted the reports submitted and approved the allocation of net profit
• adopted the remuneration policy proposed by the Board of Directors as well as the Board of Directors’ remuneration for 2018 and the level of remuneration for 2019
• adopted the proposed authority granted to Spar Nord Bank to acquire its own shares
• appointed Deloitte Statsautoriseret Revisionspartnerselskab as external auditors
• adopted the proposed amendments to the Articles of assocation

Supervisory Board

The following members were re-elected: Per Nikolaj Bukh, Professor, Risskov, Kaj Christiansen, Managing Director, Frederikshavn, and John Sørensen, Agency Director, Sæby.

The Supervisory Board also consists of: Kjeld Johannsen, CEO, Nibe, Laila Mortensen, CEO, Copenhagen, and Morten Bach Gaardboe, CEO, Slagelse, and the members elected by the employees: Jannie Skovsen, Senior Workplace Representative, and Gitte Holmgaard Sørensen, Workplace Representative, and Lene Aaen, Workplace Representative.

At the following Board Meeting for the purpose of electing officers, the Supervisory Board appointed Kjeld Johannesen Chairman and Per Nikolaj Bukh Deputy Chairman.

Best regards,

Ole Madsen

Senior Vice President, Communication & Innovation

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