Announcement of the final result of Nykredit’s recommended voluntary public tender offer for Spar Nord Bank A/S - Nykredit Realkredit A/S

Core Points - Nykredit has successfully completed a voluntary public tender offer for Spar Nord Bank A/S, acquiring a significant majority of shares [1][4][6] - The final result indicates that Nykredit received acceptances for 72,169,763 shares, representing 62.87% of Spar Nord Bank's share capital, and combined with Nykredit's existing shares, totals 96.54% of the voting rights [4][5][6] - The offer price was increased to DKK 210.50 per share, valuing Spar Nord Bank at DKK 24.7 billion [1][4] Offer Details - The offer period ended on 20 May 2025, with preliminary results announced on 21 May 2025 [3][4] - The settlement of the offer is expected to be completed on 28 May 2025, with cash payments made to shareholders who accepted the offer [7] - Nykredit intends to initiate a compulsory acquisition of remaining shares, as it will hold over 90% of the share capital post-offer [8][9] Regulatory and Compliance - All necessary regulatory approvals have been obtained, confirming that conditions for the completion of the offer have been met [6] - Nykredit plans to delist Spar Nord Bank shares from Nasdaq Copenhagen A/S and propose changes to the board of directors and articles of association [9][10]