NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA OR
JAPAN OR IN ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT A PROSPECTUS AND DOES NOT CONSTITUTE
A PUBLIC OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. 

26.08.2026: An undisclosed financial investor (the "Seller") has retained Arctic
Securities AS (the "Manager") to explore a potential sale of up to 1,889,132
existing equity certificates in SpareBank 1 Nord-Norge (the "Company"),
representing approximately 1.9% of the equity certificates in the Company. The
transaction is to be conducted as an accelerated bookbuilding offering (the
"Placing"). The bookbuilding process will commence immediately following the
publication of this announcement and may be closed at short notice or without
notice at the full discretion of the Seller and the Manager. A further
announcement will be made following pricing of the equity certificates in the
Placing. The Seller reserves the right, at its own discretion, to decide the
number of equity certificates to be sold, or to sell no equity certificates at
all. 

The minimum order and allocation in the Placing have been set to the NOK
equivalent of EUR 100,000. The Seller may, at its sole discretion, allocate
amounts below the NOK equivalent of EUR 100,000 in the Placing to the extent
applicable exemptions from the prospectus requirement pursuant to the Prospectus
Regulation (EU) 2017/1129, the Norwegian Securities Trading Act and ancillary
regulations are available. The Placing is expected to be priced and allocated
before 09:00 CEST on 27 August 2025 (T). The settlement in the Placing will be
conducted on a normal delivery-versus-payment basis (DVP, T+2). For further
information about the Placing, please contact: Arctic Securities AS: + 47 22 93
72 46 

Important notices: This announcement is not and does not form a part of a
prospectus or any offer to sell, or a solicitation of an offer to purchase, any
securities of the Company. No action has been taken that would permit an
offering of the securities or possession or distribution of this announcement in
any jurisdiction where action for that purpose is required. The distribution of
this announcement and other information may be restricted by law in the United
States of America, Australia, Canada, Japan, Hong Kong, South Africa or in
certain jurisdictions. Copies of this announcement are not being made and may
not be distributed or sent into any jurisdiction in which such distribution
would be unlawful or would require registration or other measures. Accordingly,
this announcement is not for public release, publication or distribution,
directly or indirectly, in or into the United States (including its territories
and possessions, any state of the United States and the District of Columbia),
except to "qualified institutional buyers" as defined in Rule 144A under the
U.S. Securities Act of 1933, as amended (the "Securities Act"). Persons into
whose possession this announcement or such other information should come are
required to inform themselves about and to observe any such restrictions. The
securities referred to in this announcement have not been and will not be
registered under the Securities Act, and accordingly may not be offered or sold
in the United States absent registration or an applicable exemption from the
registration requirements of the Securities Act and in accordance with
applicable U.S. state securities laws. The Company does not intend to register
any part of the offering or its securities in the United States or to conduct a
public offering of securities in the United States. In any EEA Member State,
this communication is only addressed to and is only directed at qualified
investors in that Member State within the meaning of the Prospectus Regulation,
i.e., only to investors who can receive the offer without an approved prospectus
in such EEA Member State. The expression "Prospectus Regulation" means
Regulation (EU) 2017/1129 as amended together with any applicable implementing
measures in any Member State. This communication is only being distributed to
and is only directed at persons in the United Kingdom that are "qualified
investors" within the meaning of the Prospectus Regulation as amended by The
Prospectus (Amendment etc.) (EU Exit) Regulations 2019, and which forms part of
UK law by virtue of the European Union (Withdrawal) Act 2018, and that are (i)
investment professionals falling within Article 19(5) of the Financial Services
and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"),
(ii) high net worth entities, and other persons to whom this announcement may
lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order
(all such persons together being referred to as "Relevant Persons"). This
communication must not be acted on or relied on by persons who are not Relevant
Persons. Any investment or investment activity to which this communication
relates is available only to Relevant Persons and will be engaged in only with
Relevant Persons. Persons distributing this communication must satisfy
themselves that it is lawful to do so. None of the Vendor, the Managers or any
of their respective directors, officers, employees, advisers or agents accepts
any responsibility or liability whatsoever for or makes any representation or
warranty, express or implied, as to the truth, accuracy or completeness of the
information in this release (or whether any information has been omitted from
the release) or any other information relating to the Company, whether written,
oral or in a visual or electronic form, and howsoever transmitted or made
available, or for any loss howsoever arising from any use of this release or its
contents or otherwise arising in connection therewith. The Managers are acting
on behalf of the Vendor and no one else in connection with the Placing and will
not be responsible to any other person for providing the protections afforded to
clients of the Managers or for providing advice in relation to the Placing. This
announcement is for information purposes only and is not to be relied upon in
substitution for the exercise of independent judgement. It is not intended as
investment advice and under no circumstances is it to be used or considered as
an offer to sell, or a solicitation of an offer to buy any securities or a
recommendation to buy or sell any securities in the Company.