In accordance with section 3(1) of the Danish Executive Order no. 636 of 15 May 2020 on Takeover Bids (the “Danish Executive Order on Takeover Bids”), it is hereby announced that Spar Nord Bank A/S (“Spar Nord”) today has acquired 8,548,439 shares in Danske Andelskassers Bank A/S (“DAB”) at a price of DKK 10.35 per share.