The following primary insider in Morrow Bank ASA (the "Bank") has today in
accordance with the Bank's share option plan exercised stock options as set out
below: 

Eivind Bagås, Chief Risk Officer, has exercised options to subscribe for 25,000
shares in Morrow Bank ASA at a subscription price per share of NOK 1.00 plus a
variable element equivalent to the social security tax at the date of exercise
of NOK 0.96 per share. Following the transaction Eivind Bagås and close
associates hold 170,917 shares and 95,745 stock options in Morrow Bank ASA.

Annika Ramstedt, Chief Credit Risk Officer, has exercised options to subscribe
for 54,372 shares in Morrow Bank ASA at a subscription price per share of NOK
1.00 plus a variable element equivalent to the social security tax at the date
of exercise of NOK 1.86 per share. Following the transaction Annika Ramstedt and
close associates hold 225,164 shares, 548,019 stock options and 800,000 warrants
in Morrow Bank ASA.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation article 7 and is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock
exchange announcement was published by Henning Fagerbakke, Head of Finance and
board member, Morrow Bank ASA, on 27 February 2025 at 10:32 CET.