Instabank ASA: Final SREP decision reduces capital requirements – significant capital release supports continued growth

In a letter dated 16 June 2026, the Norwegian Financial Supervisory Authority (NFSA) has made its final decision regarding Instabank ASA’s (“the Bank”) Pillar 2 Requirement (P2R) and Pillar 2 Guidance (P2G), following the NFSA’s assessment of the Bank’s overall risk and capital needs as part of the Supervisory Review and Evaluation Process (SREP). The decision follows the NFSA’s preliminary notice of 7 May 2026, on which the Bank submitted comments in a letter dated 14 May 2026.

The NFSA has decided that the Bank’s Pillar 2 Requirement shall be 3.3 percent of the consolidated Pillar 1 risk-weighted assets, a reduction of 1.5 percentage points from 4.8 percent under the previous SREP decision. At least 56.25 percent of the P2R shall be met with Common Equity Tier 1 (CET1) capital, and at least 75 percent shall be met with Tier 1 capital. The P2R decision takes effect on 30 June 2026.

Furthermore, the NFSA expects the Bank to operate with a Pillar 2 Guidance of 1.5 percent of Pillar 1 risk-weighted assets, a reduction of 0.5 percentage points from 2.0 percent previously, and lower than the 2.0 percent indicated in the preliminary notice. The Pillar 2 Guidance shall be met with CET1 capital.

Combined, the reductions in P2R and P2G represent a significant capital release for the Bank of approximately NOK 128 million in total capital, of which approximately NOK 86 million is CET1 capital, based on risk-weighted assets as at 31 March 2026

The capital release strengthens the Bank’s capital headroom and supports Instabank’s ambitious growth journey across its Nordic and European markets.

Contacts: Robert Berg, CEO – robert.berg@instabank.no Per Kristian Haug, CFO – perkristian.haug@instabank.no

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