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Regulatory press release

SB1NO: SpareBank 1 Sør-Norge lowers interest rates on mortgages and deposits

SpareBank 1 Sør-Norge
SpareBank 1 Sør-Norge is reducing interest rates on mortgages and deposits by up
to 0.25 percentage points. The change follows The Central Bank of Norway's
decision to lower the key policy rate to 4 percent.

"Thursday's rate cut marks the second downward adjustment of the key policy rate
by the central bank. In August, we lowered the interest rates on our loans, and
today we are announcing that we will follow the central bank's signal and reduce
rates further," says Roger Lund Antonesen, Executive Vice President for Retail
Market at SpareBank 1 Sør-Norge.

At SpareBank 1 Sør-Norge, the new terms will apply from 19 September 2025 for
new mortgages, and from 18 November for existing mortgages. Our customers will
receive information about the interest rate changes via mobile and online
banking, or by mail.

Stavanger, 18 September 2025.

Contacts:
Roger Lund Antonesen, EVP Retail Market, phone +47 976 61 221.
Øyvind Knoph Askeland, Director of Communications, phone +47 922 32 639.

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