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OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. PLEASE SEE "IMPORTANT
INFORMATION" AT THE END OF THE PRESS RELEASE.

Nasdaq Stockholm has today approved Morrow Bank AB's ("Morrow" or the "Company")
application for admission of Morrow's shares to trading on Nasdaq Stockholm. The
approval is subject to customary conditions, including the approval and
registration of a prospectus with the Swedish Financial Supervisory Authority.
The first day of trading on Nasdaq Stockholm is expected to be Friday, 9 January
2026, and the last day of trading on Oslo Stock Exchange is expected to be
Tuesday, 30 December 2025.

About the listing on Nasdaq Stockholm
As announced on 29 April 2025, the Board of Directors of Morrow Bank ASA decided
on a cross-border merger plan to complete the listing of its shares on Nasdaq
Stockholm. Morrow Bank ASA's extraordinary general meeting approved the merger
plan on 4 June 2025. The cross-border merger is expected to be completed on 2
January 2026, after which the shareholders will have their shares in Morrow Bank
ASA exchanged for shares in Morrow at a ratio of 1:1. 

Morrow's shares will be traded with the ticker "MORROW" and the ISIN code
SE0026852725.

Shareholders in Morrow Bank ASA are advised to, prior to the change of listing,
contact their bank to ensure that their accounts can hold Swedish listed shares.
For further information, see www.ir.morrowbank.com

"Nasdaq's approval marks an important milestone in Morrow Bank's transformation
into a Swedish bank. Over the past three years, our scalable digital platform
has delivered superior earnings growth compared to listed Swedish peers. The
redomiciliation to Sweden lowers capital requirements, frees up capital,
strengthens visibility among Nordic investors and levels the playing field.
Going forward, our organic ambition is to deliver 10% annualised loan growth and
increase return on target equity (ROTE) to 20% by end 2028, up from 13% in Q3
2025. Based on our business plan, Morrow Bank is positioned for significant
value creation, with further upside from deploying excess capital into accretive
M&A", says Øyvind Oanes, CEO of the Company.

Prospectus
Morrow is preparing a prospectus in connection with the admission to trading of
the Company's shares on Nasdaq Stockholm. The prospectus is expected to be
approved and registered by the Swedish Financial Supervisory Authority and
published on Morrow's website, www.ir.morrowbank.com and
www.newsweb.oslobors.no, on Monday, 5 January 2026.

For further information, please contact:

Eirik Holtedahl, CFO 
Tel: +47 969 12 291 
Email: ir@morrowbank.com  

About Morrow
Morrow is a Nordic consumer finance bank offering digital and flexible financing
solutions to creditworthy individuals in Norway, Sweden and Finland. The bank
offers consumer loans, flexible credit products, credit cards and high-yield
deposit accounts, supported by a modern and scalable banking platform.

IMPORTANT INFORMATION
The publication, release or distribution of this press release may be restricted
in certain jurisdictions. Recipients of this press release in the jurisdictions
in which this press release has been published, released or distributed should
inform themselves about and observe such restrictions. This press release does
not constitute an offer, or a solicitation of any offer, to buy or subscribe for
any securities in Morrow in any jurisdiction.

This press release does not identify or attempt to identify any risks (direct or
indirect) that may be associated with an investment in securities of Morrow. The
information contained in this press release is published for background purposes
only and does not purport to be complete.

This press release does not constitute an offer or invitation to purchase or
subscribe for securities in the United States. The securities referred to herein
may not be sold in the United States absent registration or an applicable
exemption from registration under the U.S. Securities Act of 1933, as amended.
The information contained in this press release may not be announced, published,
copied, reproduced or distributed, directly or indirectly, in whole or in part,
in or into the United States, Australia, Belarus, Canada, Hong Kong, Japan, New
Zealand, Russia, Singapore, South Africa, South Korea, Switzerland or any other
jurisdiction where such announcement, publication or distribution of this
information would be contrary to applicable laws and regulations.

This press release is not a prospectus as defined in Regulation (EU) 2017/1129
(the "Prospectus Regulation") and has not been approved by any regulatory
authority in any jurisdiction. Morrow has not authorized any offer of securities
to the public in any member state of the European Economic Area ("EEA").

This press release contains certain forward-looking statements that reflect the
Company's current views with respect to future events and financial and
operational performance. Words such as "intends", "expects", "anticipates",
"may", "plans", "believes", "estimates" and other expressions that are
indicative or predictive of future developments or trends, and that are not
based on historical facts, constitute forward-looking statements. By its nature,
forward-looking information involves known and unknown risks and uncertainties
because it is dependent on future events and circumstances. Forward-looking
statements are not guarantees of future performance or development and actual
results may differ materially from those expressed in the forward-looking
statements.