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Nordax Bank AB (publ) changes name to NOBA Bank Group AB (publ)

Reference is made to the press release published on 8th of March 2023 in which Nordax Bank AB (publ) announced that it had initiated a process to change its company name to NOBA Bank Group AB (publ). The name change has now been registered with the Swedish Companies Registration Office, after receiving approval from the Swedish Financial Supervisory Authority. The company’s listed bonds are expected to be traded under the ticker “NOBA” on Nasdaq Stockholm, Oslo Børs and Nordic ABM, respectively, on or about 9th of June 2023 Stockholm, Sweden, 7th of June 2023: The change of company name

Nordax Holding AB (publ) changes name to NOBA Holding AB (publ)

Stockholm, Sweden, 7th of June 2023: Nordax Holding AB (publ) is changing its company name to NOBA Holding AB (publ) (“NOBA Holding” or the “Company”), which was registered today with the Swedish Companies Registration Office (Sw. Bolagsverket). In connection with this, the group companies Nordax Bank AB (publ) and Nordax Group AB have also changed their company names to NOBA Bank Group AB (publ) (“NOBA Bank Group”) and NOBA Group AB (publ), respectively, and the name of NOBA Bank Group’s Norwegian branch will be changed to “Bank Norwegian, en filial av NOBA Bank Group AB (publ)”.

Nordax Bank AB (publ) announces results of tender offer

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) (THE "SECURITIES ACT") OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR,

Nordax Bank AB (publ) announces tender offer for certain of its outstanding NOK and SEK bonds

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) (THE "SECURITIES ACT") OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. THE DISTRIBUTION OF THIS DOCUMENT IN CERTAIN JURISDICTIONS (IN PARTICULAR,

Nordax Bank AB (publ) examines the possibility to issue subordinated Tier 2 bonds within existing MTN-programme

Nordax Bank AB (publ) (”Nordax Bank”) has mandated Carnegie, Nordea and SEB to explore the possibility to issue Tier 2 SEK and/or NOK denominated bonds. The bonds will be issued under Nordax Bank’s SEK 5bn MTN Programme. The transaction is expected to take place in the near future, subject to market conditions. For further information, please contact: Arash Bigloo, Head of Treasury, Nordax Bank AB (publ)+46 738 66 06 62arash.bigloo@nordax.se Mats Benserud, Head of Investor Relations, Nordax Bank AB (publ)+47 958 91 539mats.benserud@nordax.se About Nordax Nordax Bank

Nordax Holding AB (publ)’s indirect subsidiary Nordax Bank AB (publ) examines the possibility to issue subordinated Tier 2 bonds within existing MTN-programme

Nordax Holding AB (publ)’s indirect subsidiary Nordax Bank AB (publ) (”Nordax Bank”) has mandated Carnegie, Nordea and SEB to explore the possibility to issue Tier 2 SEK and/or NOK denominated bonds. The bonds will be issued under Nordax Bank’s SEK 5bn MTN Programme. The transaction is expected to take place in the near future, subject to market conditions. For further information, please contact: Arash Bigloo, Head of Treasury, Nordax Bank AB (publ)+46 738 66 06 62arash.bigloo@nordax.se Mats Benserud, Head of Investor Relations, Nordax Bank AB (publ)+47 958 91 539mats.

Interim report January–March 2023 Nordax Bank AB

Highlights January – March 2023 (Previous quarter in parenthesis) · Process initiated to change the name of the company to NOBA Bank Group AB (publ). Approval from the SFSA to change the name obtained in May and the change is expected to be finalized in June · Solid growth across all products with strong contribution from Bank Norwegian during the quarter, both in terms of growth and in terms of profitability · Total lending amounted to SEK 93.7 billion (88.8) · Personal loans and credit cards amounted to SEK 77.7 billion (73.0) · Mortgage lending (mortgage loans and

Interim report January–March 2023 Nordax Holding AB

Highlights January – March 2023 (Previous quarter in parenthesis) · Process initiated to change the name of the company to NOBA Bank Group AB (publ). Approval from the SFSA to change the name obtained in May and the change is expected to be finalized in June · Solid growth across all products with strong contribution from Bank Norwegian during the quarter, both in terms of growth and in terms of profitability · Total lending amounted to SEK 94.3 billion (89.4) · Personal loans and credit cards amounted to SEK 78.3 billion (73.7) · Mortgage lending (mortgage loans and

Nordax Bank AB publishes the annual report and the sustainability report for 2022

The reports are available at https://www.nordaxgroup.com/investors/financial-reports/ For further information, please contact: Patrick McArthur, CFO, Nordax Tel: +46 760 32 69 70 Email: ir@nordax.se About Nordax Nordax Bank is a leading specialist bank in Northern Europe with strong owners in the form of Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. We currently have around 2 million private customers, of which just under 1.2 million are credit card customers, in the Nordic countries, Spain, Germany and the Netherlands. We are a specialist bank that

Nordax Holding AB publishes the annual report and the sustainability report for 2022

The reports are available at https://www.nordaxgroup.com/investors/financial-reports/ For further information, please contact: Patrick McArthur, CFO, Nordax Tel: +46 760 32 69 70 Email: ir@nordax.se About Nordax Holding Nordax Holding is a holding company that owns Nordax Bank through Nordax Group. Nordax Bank is a leading specialist bank in Northern Europe with strong owners in the form of Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. We currently have around 2 million private customers, of which just under 1.2 million are credit card customers, in the

Nordax Bank publishes third Relationship Report with focus on equality in the Swedish housing market

The report shows that one out of five women cannot leave a relationship due to their housing situation  Stockholm, Sweden, April 25th, 2023: For the third consecutive year, Nordax Bank, in collaboration with Novus, releases the Relationship Report, which investigates how the housing market affects the lives and relationships of Swedes. This year's report shows, among other things, that one in five women states that they have not been able to leave a relationship because of their housing situation. The Relationship Report also shows that more than half of the respondents feel that their

Nordax Bank AB (publ) initiates a process to change its company name to NOBA Bank Group AB (publ)

An important step towards gathering the separate brands Bank Norwegian, Nordax Bank and Svensk Hypotekspension under the common group name – NOBAStockholm, Sweden, 8th of March 2023: Nordax Bank AB (publ) (“Nordax Bank”) has today initiated a process to change its company name to NOBA Bank Group AB (publ). The name change is a part of the process of establishing a new group name that gathers all three existing brands, Bank Norwegian and Nordax Bank, as well as Svensk Hypotekspension under a common group name – NOBA. The brands, including Nordax Bank, will, as before, continue to operate

Interim report January–December 2022 Nordax Bank AB

Highlights January–December 2022 · On November 30, 2022, the intra-group legal merger be­tween Nordax Bank AB (publ) and Bank Norwegian ASA was implemented · Total lending amounted to SEK 88.8 billion (SEK 70.7 billion as at 31 December 2021) · Personal loans and credit cards amounted to SEK 73.0 billion (SEK 58.0 billion as at 31 December 2021) · Mortgage lending (mortgage loans and equity release mortgages) amounted to SEK 15.7 billion (SEK 12.7 billion as at 31 December 2021), comprising 18% of total lending · Nordax’s savings offering continued to grow and total

Interim report January–December 2022 Nordax Holding AB

Highlights January–December 2022 · On November 30, 2022, the intra-group legal merger be­tween Nordax Bank AB (publ) and Bank Norwegian ASA was implemented · Total lending amounted to SEK 89.4 billion (SEK 71.4 billion as at 31 December 2021) · Personal loans and credit cards amounted to SEK 73.7 billion (SEK 58.7 billion as at 31 December 2021) · Mortgage lending (mortgage loans and equity release mortgages) amounted to SEK 15.7 billion (SEK 12.7 billion as at 31 December 2021), comprising 18% of total lending · Nordax’s savings offering continued to grow and total

The merger between Nordax Bank AB (publ) and Bank Norwegian ASA has been completed

With reference to previous announcements regarding the intragroup merger between Nordax Bank AB (publ) ("Nordax") and Bank Norwegian ASA ("Bank Norwegian"), it is hereby announced that today, on 30 November 2022, the merger has been registered with the Swedish Companies Registration Office (Bolagsverket) and is thus completed. The merger was implemented with Nordax as the surviving company and Bank Norwegian as the transferring company, with the operations of Bank Norwegian being continued through Nordax's Norwegian branch, the legal name of which is Bank Norwegian, en filial av Nordax

Bank Norwegian ASA assigned BBB/N3 long- and short-term ratings from Nordic Credit Rating

As previously announced, latest on 11 November 2022, Nordax Bank AB (publ) ("Nordax Bank") and Bank Norwegian are in the process of implementing an intragroup merger between the companies. All necessary regulatory approvals to complete the merger have been obtained. The merger will be implemented with Nordax Bank as the surviving company and Bank Norwegian as the transferring company. The merger is expected to be completed on or about 30 November 2022. Bank Norwegian has obtained a new credit rating covering the interim period up to the date of completion of the merger. Today, on 14

Update regarding the expected timing of merger between Nordax Bank AB (publ) and Bank Norwegian ASA

As previously announced, Nordax Bank AB (publ) (“Nordax Bank”) (rated BBB/N3/Stable from Nordic Credit Rating) and Bank Norwegian ASA (“Bank Norwegian”) are in the process of implementing an intragroup merger between the companies. As announced on 1 November 2022, all necessary regulatory approvals to complete the merger have been obtained. As of today, all consents and approvals have been obtained from relevant third parties. The merger will be implemented with Nordax Bank as the surviving company and Bank Norwegian as the transferring company. The merger is expected to be completed on

At Bank Norwegian ASA’s request, S&P Global Ratings withdraws its BBB-/A-3 credit rating

At the request of Bank Norwegian ASA (“Bank Norwegian”), a wholly owned subsidiary of Nordax Bank AB (publ) (“Nordax Bank”), S&P Global Ratings has withdrawn its BBB-/A-3 long- and short-term issuer credit ratings of Bank Norwegian. The outlook was stable at the time of the withdrawal. Please find the latest rating updates at Bank Norwegian’s website: https://www.banknorwegian.no/omoss/investorrelations/ratings/. As previously announced, latest on 1 November 2022, Nordax Bank and Bank Norwegian are in the process of implementing an intragroup merger between the companies. All

Interim report January–September 2022 Nordax Bank AB

Highlights January–September 2022 · Total lending amounted to SEK 83.9 billion (SEK 70.7 billion as at 31 December 2021) · Personal loans and credit cards amounted to SEK 68.9 billion (SEK 58.0 billion as at 31 December 2021) · Mortgage lending (mortgage loans and equity release mortgages) amounted to SEK 14.9 billion (SEK 12.7 billion as at 31 December 2021), comprising 18% of total lending · Nordax’s savings offering continued to grow and total deposits amounts to SEK 72.0 billion (SEK 67.4 billion as at 31 December 2021) · Operating profit amounted to SEK 1,252 million (

Interim report January–September 2022 Nordax Holding AB

Highlights January–September 2022 · Total lending amounted to SEK 84.5 billion (SEK 71.4 billion as at 31 December 2021) · Personal loans and credit cards amounted to SEK 69.6 billion (SEK 58.7 billion as at 31 December 2021) · Mortgage lending (mortgage loans and equity release mortgages) amounted to SEK 14.9 billion (SEK 12.7 billion as at 31 December 2021), comprising 18% of total lending · Nordax’s savings offering continued to grow and total deposits amounts to SEK 72.0 billion (SEK 67.4 billion as at 31 December 2021) · Operating profit amounted to SEK 1,149 million (

Required regulatory approvals to complete the merger between Nordax Bank AB (publ) and Bank Norwegian ASA have been obtained

As previously announced, Nordax Bank AB (publ) (“Nordax”) and Bank Norwegian ASA (“Bank Norwegian”) are in the process of implementing an intragroup merger between the companies. Nordax hereby announces that the Norwegian Financial Supervisory Authority (the “NFSA”) and the Swedish Financial Supervisory Authority (the “SFSA”) have approved the merger between Nordax and Bank Norwegian. All necessary regulatory approvals to complete the merger have accordingly been obtained. The merger is expected to be completed during Q1 2023 at the latest. The merger will be implemented with Nordax as

Interim report January–June 2022 Nordax Bank AB

Highlights January–June 2022 · Total lending amounted to SEK 78.7 billion (SEK 70.7 billion as of 31 December 2021) · Personal loans and credit cards amounted to SEK 64.3 billion (SEK 58.0 billion as of 31 December 2021) · Mortgage lending (mortgage loans and equity release mortgages) amounted to SEK 14.4 billion (SEK 12.7 billion as of 31 December 2021), comprising 18% of total lending · Nordax’s savings offering continued to grow and total deposits amounts to SEK 70.6 billion (SEK 67.4 billion as of 31 December 2021) · Operating profit amounted to SEK 659 million (430),

Interim report January–June 2022 Nordax Holding AB

Highlights January–June 2022 · Total lending amounted to SEK 79.4 billion (SEK 71.4 billion as of 31 December 2021) · Personal loans and credit cards amounted to SEK 65.0 billion (SEK 58.7 billion as of 31 December 2021) · Mortgage lending (mortgage loans and equity release mortgages) amounted to SEK 14.4 billion (SEK 12.7 billion as of 31 December 2021), comprising 18% of total lending · Nordax’s savings offering continued to grow and total deposits amounts to SEK 70.6 billion (SEK 67.4 billion as of 31 December 2021) · Operating profit amounted to SEK 591 million (362),

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