Capital Markets Day and financial ambitions towards 2018

DNB is hosting its Capital Markets Day in London today.

DNB’s key financial ambitions for 2016 - 2018 are:

Return on equity (ROE): Above 12%

CET1 capital ratio: Minimum 15% as capital level (CET1) as at 31 December 2016

Dividend ambitions: 2015: around 30%, 2016: 30-50% and 2017: >50%

Cost/income ratio: Below 40% towards 2018

Other ambitions are covered in the attached presentations.

DNB will reach the capital requirement of 15 per cent through strong retained earnings and capital efficiency measures. The capital efficiency measures expect to have a total effect of 80–120 bps from end Q3 2015 to Q4 2016 and include asset disposal/reallocation and financial restructuring. DNB’s capital target for 2017 is about 15.5% and includes a management buffer of approximately 50 bps.

For more information:

Rune Helland, head of Investor Relations, mobile (+47) 977 13 250

Thomas Midteide, group EVP, Corporate Communications, mobile (+47) 962 32 017

The presentations from the event are attached below or available on www.dnb.no/ir

See the presentation from the CMD on Web-TV from your desktop PC here from 12.30 GMT / 13.30 CET or if problems with link go to https://www.dnb.no/en/about-us/investor-realtions/capitalmarketday2015.html or www.dnb.no/ir

See the presentation from the CMD on Web-TV from your mobile device / tablet here from 12.30 GMT / 13.30 CET or if problems go to https://www.dnb.no/en/about-us/investor-realtions/capitalmarketday2015.html or: m.dnb.no

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

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DNB is Norway's largest financial services group and offers financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking and services related to the money and capital markets.

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