DNB recorded a solid profit after tax of NOK 10.7 billion in the third quarter
of 2025. This is an increase of NOK 242 million, or 2.3 per cent, compared with
the second quarter of this year.

"The Norwegian economy is performing better than expected, and Norwegian
companies are continuing to invest while employment remains at a high level.
Combined with falling inflation, this gives both companies and individuals
increased confidence in their own finances going forward," says CEO Kjerstin
Braathen.

"This positive trend is also reflected in the Nordic region. The level of
activity in the Swedish capital market is a good example of this. This is also
attractive from an international perspective, and DNB Carnegie is well
positioned here," says Braathen.

A leading Nordic asset manager

An increasing number of customers are choosing DNB for its holistic advisory
services and professional wealth management. At the end of the quarter, assets
under management (AUM) reached a record-high NOK 1 579 billion, which is an
increase of NOK 15 billion from the previous quarter. Holberg Fondene was sold
in May, and NOK 39 billion in AUM from Holberg was phased out during the
quarter. The underlying growth in the quarter was thus NOK 54 billion - marking
one of the strongest quarters ever in this area.

"The record growth in wealth management and the launch of several specialised
mutual funds show that we are hitting the mark when it comes to meeting our
customers' needs and preferences. The acquisition of Carnegie creates further
opportunities, particularly in private banking, asset management and investment
banking. With Carnegie Fonder on board, we are now Norway's largest asset
manager and well positioned for further growth outside Norway as well," says
Braathen.

The savings rate is the highest it has been in ten years, with the exception of
the pandemic period. DNB's customers have never saved more in mutual funds
through fixed savings schemes - over NOK 920 million per month, equivalent to
more than NOK 10 billion per year.


Profitable lending growth in the customer segments

Lending to personal customers increased by 2.7 per cent compared with the third
quarter of last year, and by 0.4 per cent compared with the previous quarter.
Lending to the largest companies increased by 0.5 per cent in the third quarter,
while lending to small and medium-sized businesses remained stable.

There has been a high level of activity throughout the quarter, particularly
relating to refinancing and remortgaging. Interest from new customers has been
especially high since Sbanken cut its interest rate a week before the most
recent cut in the key policy rate by the Norwegian central bank, Norges Bank.

"We see that customers value the combination of simple, digital solutions and
personal advisory services - and that they choose whatever suits them best.
Following the interest rate adjustment, the level of activity at Sbanken has
been historically high, with the largest inflow of new customers in 15 years,"
says Braathen.

Strong foundation for further growth in financial advisory services

Over time, DNB has shown solid growth in income from other customer-related
activities than lending and deposits, and the acquisition of Carnegie has
further strengthened the Group's position.

At the end of the third quarter, DNB Carnegie had facilitated 446 capital market
transactions globally (equity capital markets (ECM) and corporate bonds), and
was among the lead advisers in 14 major initial public offerings (IPOs), such as
those for NOBA and Verisure. The Verisure IPO was the largest in the Swedish
market in over 25 years, the second largest ever in Sweden and the largest in
Europe since 2022.

"A mere five months after the establishment of DNB Carnegie we see that our
customers' trust in us is increasing, and we are winning engagements that would
previously have gone to international players," says Braathen.

Financial key figures for the third quarter of 2025 (figures for the
corresponding quarter of 2024 in parentheses):

Pre-tax operating profit before impairment amounted to NOK 14.2 billion (15.4)
Profit was NOK 10.7 billion (12.2)
Earnings per share were NOK 6.98 (7.83)
Return on equity was 15.8 per cent (18.9)
Cost/income ratio was 37.4 per cent (32.5)
Common equity Tier 1 (CET1) capital ratio was 17.9 per cent (19.0)

For further information:
Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71
32 50
Liselotte Lunde, Head of Communications, tel.: (+47) 95 94 92 35

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Securities Trading Act.