Completion of intragroup merger

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On 30 November 2020 the general meetings of DNB ASA and DNB Bank ASA resolved to merge the companies with DNB Bank ASA as the surviving entity. The completion of the merger was registered in the Norwegian Register of Business Enterprises (the “NRBE”) today.

As a result of the completion all assets, rights and obligations in DNB ASA has been transferred to DNB Bank ASA, and DNB ASA has been dissolved and deleted from the NRBE. In addition, the new Articles of Association and the new composition of the Board of Directors of DNB Bank ASA are effective from the completion time.

DNB Bank ASA is the new holding company in the DNB Group following the completion, and all outstanding shares of the company will be admitted to trading on the Oslo Stock Exchange from and including tomorrow, 2 July 2021.

Reference is made to the stock exchange announcement on 25 June 2021 for more information about the merger and the listing.