NONG – Approval of annual accounts 2013

The Supervisory Board of SpareBank 1 Nord-Norge has at their Annual General Meeting 25 March 2014 made the following resolution:

1. The proposed annual accounts and the proposed annual report for 2013 for the Parent Bank and for the Group are approved.

2. The cash dividend for 2013 per equity certificate (EC) shall be NOK 1.10, totalling NOK 110 437 817.60. Dividend will be paid to registered EC-holders as at 25 March 2014. The ECs will be quoted ex-dividend 26 March 2014.

3. NOK 282 256 838.47 is set aside for the Dividend Equalisation Fund.

4. NOK 43 130 000.00 is set aside as dividend to the Bank’s community owned capital, which will be allocated as donations awarded by the regional Boards of Directors/Chief Executive Officer.

5. The Main Board of Directors is granted the authority to make payments from the Bank’s Donations Fund recognised in the balance sheet in accordance with the rules and guidelines in force at any given time for the awarding of donations.

6. The Bank allocates NOK 479 334 178.87 to the Savings Bank’s Fund.

It is further informed that the cash dividend will be paid out 23 April 2014. New equity certificate fraction as of 1.1.2014, excluding dividends for 2013, has been calculated to 47.33 %.

Contact persons at SpareBank 1 Nord-Norge:

CEO Jan-Frode Janson; mob + 47 909 75 183

CFO Rolf Eigil Bygdnes; mob +47 905 19774