Norion Bank’s Board of Directors has, based on the authorization from the Annual General Meeting on 6 May 2025, decided to initiate a share buyback program of its own shares up to a maximum of SEK 500 million. The purpose of the buyback program is, in line with Norion Bank's dividend policy, to return surplus capital relative to the capital adequacy target to shareholders and to be able to adapt the bank's capital structure and thereby create additional value for shareholders.
 
The repurchase of own shares may only be effected on Nasdaq Stockholm, on one or several occasions during the period up to the Annual General Meeting 2026, in accordance with the following terms and conditions:

• Purchases of own shares may take place of a maximum of so many shares that the company's holding of own shares at any given time does not exceed ten (10) percent of all shares in the company.
• Purchase of own shares shall take place on Nasdaq Stockholm in accordance with Nasdaq Stockholm's Rulebook for Issuers.
• Purchases of own shares may only take place at a price per share within the price range registered on Nasdaq Stockholm at any given time, by which is meant the interval between the highest purchase price and the lowest selling price, or, in the event that the Board instructs a stock exchange member on Nasdaq Stockholm to accumulate a certain amount of the company's shares in its own book during a certain time period, at a price per share within the price range at the time or the corresponding volume-weighted average price.
• Payment for the shares shall be made in cash.

Completed purchases of own shares will be disclosed and reported in accordance with applicable laws and regulations as well as Nasdaq Stockholm's Rulebook for Issuers.
 
At present, Norion Bank does not hold any of its own shares.
 
For the complete authorization resolved at the Annual General Meeting of Norion Bank on 6 May 2025, please refer to Norion Bank's website.