FSA approval of new share buy-back

Approval of new share buy-back:

In DNB ASA’s annual general meeting held 30 April 2019, it was resolved to grant the board of directors a new authorization to repurchase own shares. The authorization has a limit of 4.0 per cent of the share capital calculated after completion of the already resolved capital reduction, whereof 0.5 per cent can only be used for hedging purposes by DNB Markets.

Following the general meeting, DNB ASA applied for the Norwegian FSA's approval to buy back own shares up to 2.5 per cent of the share capital, whereof 0.5 per cent will be reserved DNB Markets for hedging purposes.  The FSA has approved DNB’s application, provided that the targeted capital level is met following the repurchase. For further information, please contact:

Investor contact: Rune Helland, head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977 13 250

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