Sparebanken Øst has today issued a new Tier 2 bond issue of NOK 100 million,
with a coupon of 3 month Nibor + 1.55 percentage points p.a. 

Settlement date is 8 November 2024. The Tier 2 issue has a first-time call
option for the bank on 8 February 2030, subject to approval from the Financial
Supervisory Authority of Norway, if required. 

The bonds will be applied for listing on Nordic ABM, and the new issue has been
approved by the issuer's general meeting. 

Danske Bank acted as manager.

Drammen, 1 November 2024
Sparebanken Øst: Vegard Kvamme, Head of Treasury, telephone: 977 00 370 

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