DNB Bank ASA - status of share buy-back programme after week 44 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 44 of 2026, DNB purchased 940,500 own shares at an average price of
NOK 321.3362. Following this, DNB has purchased a total of 1,640,500 own shares
under the current buy-back programme, corresponding to 0.11% percent of the
shares in the company.

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

Date                      Number of  Average   Total transaction value (NOK)
                          shares     price
                                     (NOK)
26/10/2026                200,500    317.6621  63,691,251
27/10/2026                200,000    322.0956  64,419,120
28/10/2026                200,000    324.5523  64,910,460
29/10/2026                180,000    322.7107  58,087,926
30/10/2026                160,000    319.4245  51,107,920
Previously repurchased    700,000              218,573,210
shares under the
programme
Total shares repurchased  1,640,500  317.4580  520,789,887
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.
buy-backs made this week is enclosed with this announcement\
and available at newsweb.oslobors.no.\