Capital reduction completed

At the Annual General Meeting of DNB ASA on 30 June 2020, it was decided that the company’s share capital was to be reduced by NOK 299 363 640, from NOK 15 803 013 850 to NOK 15 503 650 210, through the cancellation or redemption of a total of 29 936 364 shares. The reduction in capital is in line with the share buy-back programmes implemented by the company in the period between the Annual General Meetings in 2019 and 2020. The Register of Business Enterprises was notified of the capital reduction on 14 July 2020, the subsequent six-week creditor deadline has passed, and the reduction in capital has been implemented in line with the decision made at the Annual General Meeting. The share capital of DNB ASA is now NOK 15 503 650 210, divided into 1 550 365 021 shares of NOK 10 each.

For further information, please contact Rune Helland, Head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 97 71 32 50

This information is subject to the disclosure requirements set out in section 5-8 of the 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.