Morrow Bank today hosts a Strategy update streamed live from 15:00 CET, where
CEO Øyvind Oanes and CFO Eirik Holtedahl will present the Bank's roadmap for
delivering on its new long-term ambitions announced in connection with the Q3
2025 results last week.

By end-2028, Morrow Bank has an ambition of more than 10% annual organic loan
growth (previous mid-term ambition: 5-10%) and a return on target equity (ROTE)
of around 20%, up from 13.1% in Q3 2025.

"Since 2022, we have delivered an industry-leading 55% annualised net earnings
growth. With strong customer demand, a scalable banking platform and continued
operational improvements, we aim to further expand our market share and grow the
loan book from NOK 17 to 24 billion towards end-2028," said Øyvind Oanes, CEO of
Morrow Bank.

The Bank has been granted a banking licence from the Swedish Financial
Supervisory Authority and will become a Swedish bank from 2026, ensuring a level
playing field with Nordic peers. As part of the redomiciliation process, Morrow
Bank will transfer its listing from Euronext Oslo Børs to Nasdaq Stockholm on 9
January 2026.

"As we complete the redomiciliation, capital requirements will be reduced -
lifting excess capital to around NOK 1 billion. This provides headroom for
accretive acquisitions, representing potential upside to our organic ambitions,"
added Oanes.

Webcast
To participate in the live stream 11 November 2025 at 15:00 CET, please click on
the link below: 

https://www.finwire.tv/webcast/morrow-bank/presentation/ 


For further information, please contact: 
Eirik Holtedahl, CFO 
tel: +47 96912291 
email: ir@morrowbank.com 

About Morrow Bank ASA 
Morrow Bank is a Nordic niche bank offering personal loans, credit cards and
deposit accounts to consumers. The target group is creditworthy individuals with
stable personal finances and no payment remarks. Credit risk is managed largely
by automated processes for credit assessment and underwriting. The Bank has a
diversified and balanced distribution model utilizing both public and
proprietary channels. Operational efficiency and low cost are core strengths for
Morrow Bank, enabled by centralized operations, modern systems and digital
set-up. Learn more at ir.morrowbank.com