DNB Bank ASA ("DNB") has completed the share buy-back programme announced on 22
October 2025.

A total of 9,752,192 shares, which equals 0.66 percent of the shares in the
company, were purchased on trading venues, for a total consideration of NOK
2,642 million. The average price paid per share was NOK 270.87. Following this,
DNB owns a total of 19,504,384 own shares, which equals 1.32 percent of the
shares in the company. A proposal for the cancellation of these shares will be
submitted to the next Annual General Meeting.

At the same meeting it will also be proposed to redeem 10,047,713 shares, which
equals 0.68 percent of the shares in the company, from the Norwegian Government,
represented by the Ministry of Trade, Industry and Fisheries ("NFD"). The
purpose of this is to ensure that NFD's ownership interest of 34 percent remains
unchanged. NFD will receive a total consideration of NOK 2,707 million and an
interest compensation.

Please see the stock exchange announcement published on 22 October 2025, which
is available at newsweb.oslobors.no, for more information about the buy-back
programme.

For further information, please contact Rune Helland, Head of Investor
Relations, on +47 23 26 84 00 or +47 97 71 32 50.

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.