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SECURITIES LAW. 

Reference is made to the stock exchange announcement published 22 November 2019
in connection with the successful sale of ECCs in Sparebanken Vest (the "Bank")
by Sparebankstiftelsen Sparebanken Vest (the "Foundation") (the "Offering"), as
well as stock exchange announcements dated 12 November 2020 and 9 December 2020
regarding the first delivery of bonus EECs. 

Investors allocated ECCs in the retail tranche of the Offering have, subject to
certain conditions being fulfilled, the right to receive bonus ECCs (the "Bonus
ECCs") in two rounds (after 12 and 24 months respectively from delivery of ECCs
in the Offering) as further described in the Bank's prospectus dated 13 November
2019 (the "Prospectus"). The Bonus ECCs will be delivered by the Foundation. 

In summary, the conditions for receiving Bonus ECCs are as follows: 
o Investors in the retail offering will have the right to receive, without
further consideration, one (1) equity capital certificate (the "Bonus ECCs") for
every ten (10) offer ECCs allocated and delivered to such investor up to an
amount of NOK 500,000 (the "Eligible ECCs"). 
o The right for an investor to receive (i) the first half of its Bonus ECCs,
rounded down to the nearest whole Bonus ECC, and (ii) the remaining half of its
Bonus ECCs, rounded up to the nearest whole Bonus ECC, is conditional upon the
relevant investor not selling or otherwise transferring any of the Eligible
ECCs, including any received Bonus ECCs, between the date of delivery of the
Eligible ECCs and 12 months after delivery of the Eligible ECCs and 24 months
after delivery of the Eligible ECCs, respectively. 

Consequently, the investors cannot have sold or otherwise transferred any of the
received Eligible ECCs (including previously awarded Bonus ECCs) from and
including 22 November 2019 and to and including 26 November 2021 in order to
retain the right to receive Bonus ECCs in the second and final allocation of
Bonus ECCs. 

Based on the Offering, investors in the retail offering had the right to receive
in total 706,798 Bonus ECCs subject to the conditions outlined in the Prospectus
being fulfilled for all investors. In the first allocation of Bonus ECCs, a
total of 304,011 Bonus ECCs were allocated. The final number of Bonus ECCs that
will be delivered in the second and final round will be determined and announced
in a separate stock exchange notice in connection with the delivery of Bonus
ECCs. 

It is expected that the Bonus ECCs will be delivered to the VPS account of
eligible investors on or about 9 December 2021. The Foundation will cover all
costs in this respect. 

For further information, please contact: 
Swedbank Norge: +47 23 23 80 00 
Norne Securities AS: +47 55 55 91 30 
Pareto Securities AS: +47 22 87 87 00 
Sparebankstiftelsen Sparebanken Vest, Bjørn Thømt: +47 913 23 467 
Sparebanken Vest, Hans Olav Ingdal: +47 948 09 328 

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