DNB Bank ASA - status of share buy-back programme after week 43 2026

On 21 October 2026, DNB Bank ASA ("DNB") announced that the company has decided
to initiate a share buy-back programme comprising up to 0.75 per cent of the
company's own shares, which represents a total of 10,804,986 shares.

Up to 7,131,291 shares will be purchased on trading venues by 18 December 2026,
and a proposal to cancel the shares will be submitted to the next Annual General
Meeting. At the same meeting it will also be proposed to redeem the remaining
shares - up to 3,673,695 shares - from the Norwegian Government, represented by
the Ministry of Trade, Industry and Fisheries ("NFD"), so that NFD's ownership
interest of 34 per cent remains unchanged. The total consideration paid for the
shares purchased under the buy-back programme, including the shares that will be
proposed redeemed from NFD, will not exceed NOK 3,790 million.

During week 43 of 2026, DNB purchased 700,000 own shares at an average price of
NOK 312.2474 per share. Following this, DNB has purchased a total of 700,000 own
shares under the current buy-back programme, corresponding to 0.05 per cent of
the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy
-back programme:

+------------------------+-------+--------+------------------------------+
|Date                    |Number |Average |Total transaction value (NOK) |
|                        |of     |price   |                              |
|                        |shares |(NOK)   |                              |
+------------------------+-------+--------+------------------------------+
|21.10.2026              |200,000|311.7318|62,346,360                    |
+------------------------+-------+--------+------------------------------+
|22.10.2026              |250,000|312.5979|78,149,475                    |
+------------------------+-------+--------+------------------------------+
|23.10.2026              |250,000|312.3095|78,077,375                    |
+------------------------+-------+--------+------------------------------+
|Previously repurchased  |0      |        |0                             |
|shares under the        |       |        |                              |
|programme               |       |        |                              |
+------------------------+-------+--------+------------------------------+
|Total shares repurchased|700,000|312.2474|218,573,210                   |
|under the programme     |       |        |                              |
+------------------------+-------+--------+------------------------------+

Please see the stock exchange announcement published on 21 October 2026, which
is available at newsweb.oslobors.no, for more information about the buy-back
programme.

For further information, please contact Mitra Hagen Negård, Head of Investor
Relations, on +47 95 79 36 31.

This announcement contains information that is subject to disclosure
requirements pursuant to the Market Abuse Regulation and section 5-12 of the
Norwegian Securities Trading Act.

An overview of all buy-backs made this week is enclosed with this announcement
and available at newsweb.oslobors.no.
s made this week is enclosed with this announcement\
and available at newsweb.oslobors.no.\