SpareBank 1 Nord-Norge: Supervisory Review and Evaluation Process (SREP) 2025

The Financial Supervisory Authority of Norway ("the FSA") regularly carries out a Supervisory Review and Evaluation Process ("SREP"), where they evaluate the risks and capital needs of SpareBank 1 Nord-Norge. The SREP includes a decision regarding the Pillar 2 Requirement (P2R) and the Pillar 2 Guidance (P2G), which comes in addition to the Pillar 1 minimum requirements and the combined buffer requirements. SpareBank 1 Nord-Norge has received this year's decision from the FSA, which will apply from 31. December 2025. This year’s Pillar 2 Requirement amounts to 1.5 % of the group’s risk weighted assets, an increase of 0,1 percantage points from the current decision from the FSA. At least 56.25 % of the requirement shall be met with common equity tier 1 (CET1) capital, while 75 % must be met with tier 1 capital. Further, the FSA has decided to reduce the Pillar 2 Guidance (P2G) from 1,0 % to 0.75 % of the group’s risk weighted assets.

In addition, as part of this year's SREP process, the FSA has decided that SpareBank 1 Nord-Norge, on a consolidated and non-consolidated level, shall at all times have an LCR in foreign currency of at least 100 percent as long as the currency is significant. As long as at least one foreign currency is significant, a minimum requirement for LCR in NOK of at least 50 percent applies.

Contacts:

• CFO Bengt Olsen, +47 975 89 560 • CRO Marius Nilsen, +47 416 20 532

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.