DNB Bank ASA – Acquisition of shares by primary insiders

Oslo, 28 April 2023

Today, 28 April 2023, a total of 237,050 shares in DNB Bank ASA were acquired on behalf of certain leading employees and risk takers. The purchase was executed collectively at an average price per share of NOK 185.5792.

The shares were acquired in accordance with the regulation on remuneration in financial institutions etc., which states that at least half of annual variable remuneration shall be awarded as shares and be subject to certain lock-up mechanisms.

The employees have been given a compensation for decreased share value resulting from the lock-up at approximately 9.7%.

A list of primary insiders of DNB Bank ASA that have increased their shareholding is attached.

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