Instabank ASA: Preliminary notice regarding Supervisory Review and Evaluation Process (SREP)

In a letter dated 7th May 2026, the Norwegian Financial Supervisory Authority (NFSA) has issued a preliminary notice regarding Instabank ASA’s (“the Bank”) Pillar 2 Requirement (P2R) and Pillar 2 Guidance (P2G), following the NFSA’s updated assessment of the Bank’s risk and capital needs as part of the Supervisory Review and Evaluation Process (SREP).

The NFSA’s preliminary assessment is that the Bank’s Pillar 2 Requirement should be reduced to 3.3 percent of Pillar 1 risk-weighted assets, from 4.8 percent under the previous SREP assessment.

At least 56.25 percent of the Pillar 2 Requirement shall be met with Common Equity Tier 1 (CET1) capital, while at least 75 percent shall be met with Tier 1 capital.

Furthermore, the NFSA’s preliminary assessment is that the Bank’s Pillar 2 Guidance should remain unchanged at 2.0 percent.

The Bank may submit comments to the NFSA by June 5th, 2026. The NFSA will subsequently issue its final decision.

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.