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Regulatory press release

Morrow Bank ASA: Contemplating FRN Hybrid Tier 1 Callable bond issuance

Morrow Bank
Morrow Bank ASA ("the Bank", OSE: MOBA) has mandated Pareto Securities AS as
Manager to arrange a series of virtual fixed income meetings on Tuesday 13 May
2025.

The Bank contemplates to issue a FRN Hybrid Tier 1 callable bond issue of up to
NOK 250 million, with a first call option after minimum 5 years, subject to
inter alia market conditions.

For further information, please contact:
CFO, Eirik Holtedahl
Tel: +47 969 12 291
Email: ir@morrowbank.com

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