Instabank ASA – Sale of option shares by primary insiders

Reference is made to Instabank ASA's (the "Company") stock exchange announcement published earlier today, 8 May 2026 regarding exercise of share options under the Company's share option program.

In aggregate 8,608,400 options with a strike price of NOK 1.48 per share were exercised by primary insiders Anne Jørgensen (COO), Farzad Jalily (CTO), Janne Perlestenbakken (Head of CRM), Per Kristian Haug (CFO), Robert Berg (CEO), Jørgen Rui (CMO) and certain other option holders. The exercised options will be settled by delivery of new shares in the Company.

Save for Jørgen Rui, the primary insiders mentioned above and certain other option holders have sold in total 4,678,486 option shares at an average price of NOK 4.2009 per option share in the announced sales process conducted by DNB Carnegie. The balance between the number of options exercised by the primary insiders and the number of shares sold by the primary insiders, have been retained as settlement for the strike price and other payments as part of a cashless exercise of options under the share option program.

Please see attached form of notification and public disclosure regarding sales made by primary insiders.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the EU Market Abuse Regulation (MAR).

For further information, please contact: Robert Berg, CEO +47 974 85 610

Per Kristian Haug, CFO +47 952 38 717