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Lea bank ASA reports Q3 and update on the redomiciliation project

Lea bank ASA reported a profit before tax of NOK 35 million for Q3 2024. Gross loans amounted to 7,353 MNOK. Equity at the end of the quarter was NOK 1,468 million. Highlights of Q3 2024: - Profit before tax NOK 35 million (after tax NOK 26.4 million) - Net interest income of NOK 135.5 million - Gross loan portfolio of NOK 7.4 billion - Cost-income ratio (C/I) of 30.7% - Book value per share of NOK 14.79 Group consolidated accounts including Swedish subsidiaries: Profit before tax for Q3 2024 of NOK 29.8 million, and Profit after tax of NOK 21.2 million. Group

Lea bank ASA - The Norwegian FSA has granted necessary approval for the merger of Lea bank ASA and Lea Bank AB

Reference is made to previous stock exchange announcements on 21 August 2024 and 26 September 2024, regarding the merger between Lea bank ASA and Lea Bank AB, as approved by the Board of Directors and the General Meeting. The implementation of the merger was conditional upon, amongst other, required permissions and approvals from the Swedish and Norwegian Financial Supervisory Authorities (FSA). The Norwegian FSA has now granted the necessary approval for the execution of the merger between Lea bank ASA and Lea Bank AB. The merger is still depending on the approval from the Swedish FSA.

Lea bank ASA - Invitation to Q3 2024 results presentation and redomilication update

Lea Bank will present the results for the 3[rd] quarter of 2024 on Thursday, October 24[th] at 10:00 AM.  There will also be an update of the ongoing project aiming at changing the domicile of the bank from Norway to Sweden. The presentation will be broadcasted via Microsoft Teams.  It is also possible to attend the presentation at the bank's premises at Holbergs gate 21, Oslo. Please RSVP indicating whether you will attend digitally or physically to ir@leabank.no The Teams link will be sent prior to the presentation. The results will be publicly disclosed on the company's

Lea bank ASA - Multitude Bank p.l.c. acquires a stake in Lea bank ASA

Reference is made to Multitude P.L.C.’s stock exchange notice as of 10 October 2024. Multitude p.l.c.’s subsidiary, Multitude Bank p.l.c. acquires a stake in Lea bank ASA: · Multitude Bank p.l.c. acquires 9.9% stake · Additionally, Multitude Bank signs an agreement to acquire an additional 8.7% stake, subject to the approval of the Norwegian Financial Authority. Link to Multitude P.L.C.’s stock exchange notice: www.eqs-news.com/news/adhoc/multitude-p-l-c-s-subsidiary-multitude-bank-p-l-c-acquires-a-strategic-stake-in-lea-bank-asa/2145751 Contact information: Oddbjørn

Lea bank ASA - Minutes from the extraordinary general meeting

On 26 September 2024, the extraordinary general meeting of Lea bank ASA was held. The protocol is enclosed. All items on the agenda were resolved in accordance with the proposals. Following this, Lea bank ASA will continue the process of merging Lea bank ASA with its subsidiary Lea finans AB (to be renamed Lea Bank AB). Lea finans AB holds a Swedish banking license and will be the surviving entity in the merger. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Contact information: Oddbjørn Berentsen,

Lea bank ASA (LEA): Mandatory notification of trade - primary insider

Andreas Andersson, Chief Commercial Officer in Lea bank ASA, has purchased 25 000 shares in Lea bank ASA 13[th] September 2024 at an average price per share of NOK 7,69. Following this transaction, Andersson (including close associates) owns 75 000 shares in Lea bank ASA. Please see attached primary insider notification forms. This information is subject to the disclosure requirements in the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading Act. Contact information: Oddbjørn Berentsen, CEO Phone: +47 22 99 14 00 Email: ir@leabank.no

Lea bank ASA - Notice of extraordinary general meeting

Reference is made to the stock exchange notice from Lea bank ASA on 21 August 2024 regarding the merger plan for the merger of Lea finans AB (to be renamed Lea Bank AB) as the surviving entity and Lea bank ASA. Lea bank ASA's shareholders are hereby given notice of the extraordinary general meeting to be held on September 26, 2024, at 09:00 AM CET (the "EGM") at the bank's offices at Holbergs gate 21, 0166 Oslo. Please see attached notice of the EGM. The notice will be sent electronically or by mail to all shareholders with a known address. The notice and other documents related to

Lea bank ASA - Merger with Lea finans AB (to be renamed Lea Bank AB)

The boards of directors of Lea bank ASA and its wholly owned subsidiary Lea finans AB (to be renamed Lea Bank AB) have today signed a merger plan for the merger of Lea finans AB (as the surviving entity) and Lea bank ASA. At completion of the merger, Lea finans AB will acquire all assets and rights and assume all obligations of Lea bank ASA, and at the same time, Lea bank ASA will be dissolved as a legal entity. The implementation of the merger is conditional upon, amongst other, required permissions and approvals from the general meeting in Lea bank ASA, Swedish Financial Supervisory

Lea bank ASA reports Q2 and update on the redomiciliation project

Lea bank ASA reported a profit before tax of NOK 23,7 million for Q2 2024. Gross loans amounted to 7,212.8 MNOK. Equity at the end of the quarter was NOK 1,441.8 million. Highlights of Q2 2024: - Profit before tax NOK 23,7 million (after tax NOK 19.2 million) - Net interest income of NOK 138.7 million - Gross loan portfolio of NOK 7.2 billion - Cost-income ratio (C/I) of 30,6% - Book value per share of NOK 14.54 Group consolidated accounts (included Swedish subsidiaries) Profit before tax for Q2 2024 of NOK 20.8 million, and Profit after tax of NOK 16.3 million.

Lea bank ASA - Invitation to Q2 2024 results presentation and redomilication update

Lea Bank will present the results for the 2[nd] quarter of 2024 on Thursday, August 15th at 10:00 AM. There will also be an update of the ongoing project aiming at changing the domicile of the bank from Norway to Sweden. The presentation will be broadcasted via Microsoft Teams. It is also possible to attend the presentation at the bank's premises at Holbergs gate 21, Oslo. Please RSVP indicating whether you will attend digitally or physically to ir@leabank.no  The Teams link will be sent prior to the presentation. The results will be publicly disclosed on the company's website (

Lea bank ASA (LEA): Mandatory notification of trade - primary insider

Andreas Andersson, the new Chief Commercial Officer in Lea bank ASA, has purchased 50 000 shares in Lea bank ASA 27[th] June 2024 at an average price per share of NOK 8,30. Following this transaction, Andersson (including close associates) owns 50 000 shares in Lea bank ASA. Please see attached primary insider notification forms. This information is subject to the disclosure requirements in the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading Act. Contact information: Oddbjørn Berentsen, CEO Phone: +47 22 99 14 00 Email: ir@leabank.no

Lea bank ASA (LEA)- Mandatory notification of trades - primary insiders

Reference is made to today's stock exchange announcement regarding the capital increase. Chairman of the Board Rune Fjeldstad has subscribed for 27 401 shares. Following the completion, Fjelstad’s shareholding, including related parties, will be 55 763 shares. Board member Borghild Holen has subscribed for 14 901 shares. Following the completion, Holen's shareholding, including related parties, will be 21 290shares. Board member Viggo Leisner, through Duo Jag AS, has subscribed for 13 355 shares. Following the completion, Leisner's shareholding, including related parties, will be

Lea bank ASA - Resolution to increase the share capital, in connection with reinvestment of the remuneration to the board members

The Board of Directors of Lea bank ASA has on 20 June 2024 resolved to increase the share capital in connection with reinvestment of the remuneration to the board members. The capital increase will be made as a private placement of 68 256 shares with a nominal value of NOK 2.00 at a price of NOK 7,6 per share (volume weighted average price January to May, minus dividends during the period). As a result, the share capital will be increased by NOK 136 512 to NOK 191 034 776. The number of shares after the issue will be 95 517 388. Contact: Oddbjørn Berentsen, CEO Phone: +47 22 99 14 00

Lea bank ASA (LEA): Mandatory notification of trade – primary insider

Gard Haugen, CFO in Lea bank ASA, has purchased 10 000 shares in Lea bank ASA during 14[th] and 18[th] June 2024 at an average price per share of NOK 8,45. Following this transaction, Haugen (including close associates) owns 86 186 shares in Lea bank ASA. Please see attached primary insider notification forms. This information is subject to the disclosure requirements in the Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities Trading Act.

Lea bank ASA – Swedish banking license granted

Reference is made to the stock exchange announcement from January 31, 2024, where the bank reported that they were applying for a Swedish Banking License through a Swedish subsidiary (to be renamed, Lea Bank AB) fully owned by Lea bank ASA. The subsidiary has today received notice from the Swedish Financial Supervisory Authority (SFSA) that a banking license has been granted according to the Banking and Financing Business Act (3 kap. 2 § lagen (2004:297) om bank- och finansieringsrörelse) The banking license has been granted subject to the following conditions: · The licence must

Lea bank ASA (LEA) – Hiring of Chief Commercial Officer and grant of share options

Lea bank ASA is pleased to announce that Andreas Andersson has been employed as Chief Commercial Officer. Andersson started his position on 1 June 2024, and has been granted 245,000 share options in connection with the bank’s incentive programme. The granted share options vests one-third each anniversary from the grant date and vested options may be exercised until expiry four years following the grant. Each share option corresponds to one share and the strike price is NOK 8.00 per share with an annual step up of 5% and adjustment for paid dividends. Andersson comes from the role of

Lea bank ASA: Decision on Pillar 2 Requirement and Capital Buffer

The Norwegian Financial Supervisory Authority (FSA) has in connection with an updated assessment of risk and capital needs in Lea bank ASA ("SREP") made a decision on the capital requirement in Pillar 2 and the expected capital buffer. The Pillar 2 requirement and the expected capital buffer are in addition to the capital requirements under Pillar 1. The FSA has decided that the Pillar 2 requirement for Lea bank ASA shall be reduced from 6.5 % to 5.1 % of the total risk exposure amount. 100 % of the requirement must be covered with Core Equity Tier 1 (CET1). The FSA also expects Lea

Lea bank ASA (LEA) – Grant of share options to primary insiders

Reference is made to the stock exchange announcement on 17[th] April 2024 regarding the Annual General Meeting where it was resolved to grant the Board of Directors an authorisation to issue shares in connection with the company’s incentive program.  On 6[th] May 2024, primary insiders in Lea bank ASA were granted a total of 2,305,000 share options in Lea bank ASA (LEA). The share options were granted as follows: Oddbjørn Berentsen, Chief Executive Officer (CEO), has been granted 915,000 share options. Following the grant, Berentsen holds 915,000 options. Gard Haugen, Chief Financial

Lea bank ASA - Exercise of stock options

Lea bank has today received notice of exercise of options from Primary insider, CEO Oddbjørn Berentsen. Berentsen exercised all his 600 000 options. The Board of Directors of Lea bank ASA has resolved to fulfil the bank's commitment with a cash settlement. The cash settlement will be based on the volume weighted average share price 10 days prior to notice of exercise, minus strike of NOK 7 per share, minus dividends during the program. Following the exercised options, the bank has no options remaining from the share options program from 2020. Contact: Oddbjørn Berentsen, CEO

Lea bank ASA – Stena Adactum AB has purchased 1,5 million shares – private placement cancelled

Reference is made to the stock exchange notice of 22.12.2023 regarding Lea bank ASA enters into strategic partnership with Stena AB and acquires its consumer credit business. Initially the parties agreed that Stena Adactum AB would subscribe for 1.5 million shares in Lea bank ASA through a private placement. Stena Adactum AB has today notified Lea bank ASA that they have purchased 1,5 million shares in the market. The parties have therefore agreed to cancel the private placement of shares. We are excited to have Stena Group onboard as a shareholder and look forward to future

Lea bank ASA reports Q1 profit before tax of NOK 31.4 million

Lea bank reported a profit before tax of NOK 31.4 million for Q1 2024. Gross loans amounted to 7,264 MNOK, compared to 6,913 MNOK in last quarter. Equity at the end of the quarter was NOK 1,426.5 million. Highlights of Q1 2024: - Profit before tax NOK 31.4 million (after tax NOK 23.9 million) - Net interest income of NOK 135.8 million - Gross loan portfolio of NOK 7.3 billion - Cost-income ratio (C/I) of 29.4% - Book value per share of NOK 14.41 Lea bank will present the results for the 1st quarter of 2024 on Thursday, April 25th at 10:00 AM. The presentation will be a

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