DNB Bank ASA — update on the merger with Sbanken ASA

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Reference is made to the notice to Oslo Børs of 14 September 2022 regarding the Boards of Directors of DNB Bank ASA and Sbanken ASA have signed a joint merger plan.

DNB has today sent information about the merger to its shareholders in accordance with Section 13-24 of the Norwegian Public Limited Liability Companies Act. The merger plan and the companies' annual accounts, annual reports and auditor reports for the last three accounting years, as well as the companies’ half-year reports for the first half of 2022, have been made available on DNB's website https://ir.dnb.no/press-and-reports/sbanken-merger.

For further information, please contact:

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50