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BRAbank ASA: BRA-ME – Minutes from Extraordinary General Meeting

Bergen, 13 December 2019 The extraordinary general meeting in BRAbank ASA ("BRAbank") was held on 13 December 2019 at 13:00 CET at BRAbank's offices at Starvhusgaten 4, 5014 Bergen. The proposals on the agenda were adopted. The complete minutes of the extraordinary general meeting is attached to this release and is also available on www.brabank.no. This information is published in accordance with the requirements of the Continuing Obligations of companies admitted to trading on Merkur Market.

BRAbank ASA: Capital restraints limits growth opportunities

Highlights: · Net loans at NOK 4 494 million, down from NOK 4 537 million in Q2’19 · Shifting the loan book from Norway to Finland · Net profit affected by significant one-offs · Restructuring costs (NOK 12 million) · Sale of Finnish non-performing portfolio (NOK 5 million loss) · IFRS 9 adjustments (NOK 15 million) · Loan losses affected by high losses in the former BRAbank’s Norwegian portfolio · NOK 10 million · Integration process progressing according to budget · Equity issue of NOK 35 million successfully completed · Extensive cost-

Invitation to the presentation of BRAbank’s results for the 3rd quarter of 2019

BRAbank ASA (BRA-ME) will publish the results for Q3 on 29 October. The company will host a presentation of third quarter 2019 results in Oslo Tuesday 29 October at 11:00 AM CET at Felix Conference Center, Bryggetorget 3, 0250 Oslo. The presentation can be followed through live webcast here: www.brabank.no Material The third quarter report and presentation will also be made available on www.brabank.no and www.newsweb.no. For further information contact: Bent H. Gjendem, Chief Executive Officer at BRAbank, phone: +47 996 11 996 Hans Ljøen, Chief Financial officer at

Monobank ASA (MONO-ME): Monobank and BRAbank to combine, creating a well-positioned bank with a strong capital base

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO BUY, SELL OR SUBSCRIBE FOR ANY SECURITIES DESCRIBED HEREIN. Monobank and BRAbank to combine, creating a well-positioned bank with a strong capital base On 8 February 2019, Monobank ASA (Monobank) and BRAbank ASA (BRAbank) entered into a merger agreement, with the intent to create a well

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