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Regulatory press release

Komplett Bank ASA changes name - The new name is Morrow Bank ASA

Morrow Bank
Komplett Bank ASA has on 25 April 2023 registered a name change in the Register
of Business Enterprises (Foretaksregisteret) to Morrow Bank ASA. The new ticker
is MOBA.

Morrow Bank is a Norwegian digital niche bank offering loans and credit cards in
Norway, Sweden and Finland, and client deposits in Norway, Sweden and Germany.
The bank has as at 31 March 2023 a loan portfolio towards clients of NOK 10.8
billion and a shareholders' equity of NOK 2.1 billion. The rebranding of all
customer contact points will be completed by 10 May 2023.

Contact information: Øyvind Oanes, CEO, mobile: +47 98 90 60 60

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