Final result of the offer to purchase shares in Bien Sparebank ASA by JBF
Forsikring Gjensidig

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICE AT
THE END OF THIS COMMUNICATION. 

Reference is made to the press release issued on 27 January 2025, where JBF
Forsikring Gjensidig (the "Buyer") launched an offer to purchase up to 289,690
existing shares in Bien Sparebank ASA (the "Company") through an application
process with a fixed price of NOK 131.00 per share (the "Offer"). The
application period expired on 30 January 2025 at 16:30 (CET).

Following the end of the application period, the Buyer has resolved to purchase
123,501 shares at a price of NOK 131.00 per share pursuant to the Offer.

The settlement of shares in the Offer took place on 31 January 2025 and the
settlement of cash in the Offer is expected to take place on or about 5 February
2025. The allocations in the Offer is expected to be communicated on or about 3
February 2025 before 09:00 (CET).

Following settlement of the Offer, the Buyer will hold 1,253,860 shares in the
Company, equal to approx. 22.1% of the outstanding shares and voting rights in
the Company. Consequently, as a result of the Offer, the Buyer has crossed the
20% ownership threshold.

Pareto Securities AS acted as sole manager in the Offer.

For further information, please contact:

Pareto Securities AS / Equity Broker Desk / +47 22 87 87 50

or

Helge Dalen / CEO in JBF Forsikring Gjensidig / +47 918 58 275

Important notice: 

The Offer and the distribution of this press release and other information in
connection with the Offer may be restricted by law in certain jurisdictions. The
Buyer does not assume any responsibility in the event there is a violation by
any person of such restrictions. Persons into whose possession this press
release or relevant information should come are required to inform themselves
about and to observe any such restrictions. The Offer is not being made directly
or indirectly in, or by use of the mails of, or by any means or instrumentality
of interstate or foreign commerce of, or any facilities of a national securities
exchange of, the United States, Canada, Australia or Japan. This includes, but
is not limited to, facsimile transmission, internet delivery, e-mail, telex and
telephones. Copies of this release and any related documents are not being, and
must not be, mailed, e-mailed or otherwise distributed or sent in or into the
United States, Canada, Australia or Japan and so doing may invalidate any
purported acceptance.

This information has been made public by Bien Sparebank ASA at the request of
JBF Forsikring Gjensidig. Bien Sparebank ASA assumes no responsibility for and
has not reviewed or verified any of the information received from JBF Forsikring
Gjensidig. 

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation (MAR) and is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act. The stock
exchange announcement was published by [Lena Jørundland, CEO of Bien Sparebank
ASA], at the time and date stated above in this announcement.

This information is subject to the disclosure requirements set out in the
Norwegian Securities Trading Act section 5-12.