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Selskabsmeddelelse

MING: SpareBank 1 SMN to lower interest rates

SpareBank 1 SMN
SpareBank 1 SMN is to lower its mortgage and deposit rates deposits by up to
0.25 percentage points for new and existing customers.

"A further cut in interest rates is good news for all those who have needed to
make tough priorities in their personal finances. We urge people to devote their
increased leeway to pay off costly debt, and to set aside funds to steady
saving. Recent years have shown the importance of maintaining a small buffer for
harder times", says Monica Haftorn Iversen, executive director of Retail Banking
at SpareBank 1 SMN.

Customers affected by the rate change will shortly receive information on what
it means for their mortgages and deposits. For existing borrowers, the rate
change will become effective on 24 November 2025, for new loans on 22 September
2025.

Trondheim, 18 September 2025

Investors and analysts can contact:
CFO Trond Søraas on +47 922 36 803

The media can contact:
Executive director, Retail Banking, Monica Haftorn Iversen on +47 992 27 539
Executive director Rolf Jarle Brøske on +47 911 12 475

The above information is disclosable pursuant to the Norwegian Securities
Trading Act, Section 5-12
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