The Norwegian Financial Supervisory Authority (the “FSA”) has, in a letter dated 28 October 2025, issued a preliminary notice of decision to Aprila Bank ASA (“Aprila”) regarding Aprila’s overall capital requirement under Pillar 2 and the Pillar 2 Guidance, as part of its updated Supervisory Review and Evaluation Process (SREP). These requirements come in addition to the capital requirements under Pillar 1.

The FSA’s preliminary assessment is that Aprila should have a Pillar 2 Requirement of 3.7 percent of risk-weighted assets, down from 4.8 percent in the previous SREP assessment. At least 56.25 percent of the requirement shall be met with common equity tier 1 (CET1) capital, and at least 75 percent shall be met with tier 1 capital.

In addition, the FSA's preliminary assessment is that the Pillar 2 Guidance should be adjusted from 1.5 percent to 1.0 percent.

Aprila has until 25 November 2025 to provide comments on the FSA’s preliminary notice. The FSA will make its final decision following this process.

Contact person at Aprila Bank ASA:
Espen Engelberg, CFO
+47 954 55 405
espen@aprila.no