- I am proud to be able to present this team. With the ambitious goals we have
set for Sparebanken Norge, it is absolutely crucial to have a strong senior
management team that sets the direction for what we will build together, says
CEO Jan Erik Kjerpeseth.

A thorough recruitment process has been carried out with support from external
advisors. The process of putting together the group management team has been
carried out in close cooperation with the CEO of Sparebanken Sør, Geir
Bergskaug, and the chairmen of the boards of Sparebanken Vest and Sparebanken
Sør. 

- The new group management team has been put together in line with the framework
of the merger agreement. I am very pleased that these talented people have
agreed to lead the work of building the new bank. This is an important and
correct first chapter for Sparebanken Norge, says Kjerpeseth.

The organization of Sparebanken Norge will contribute to the bank achieving its
strategic ambitions. The group management team has a clear business focus, and a
goal of creating a national savings bank with the best digital services,
combined with personal advice and local presence.

The group management will formally take office on 2 May 2025, the same day that
Sparebanken Vest and Sparebanken Sør carry out a legal merger and form
Sparebanken Norge.

This is the group management of Sparebanken Norge:
CEO - Jan Erik Kjerpeseth
Executive Vice President Corporate Market South - Gunnar P. Thomassen
Executive Vice President Corporate Market West - Margunn Aas Minne
Executive Vice President Personal Market South - Pål Ekberg
Executive Vice President Personal Market Central - Simen Løland Aarskog
Executive Vice President Personal Market North - Olav Hovland
Executive Vice President Finance / CFO - Hans Olav Ingdal
Executive Vice President Risk Management / CRO - Jan-Ståle Hatlebakk
Executive Vice President Compliance / CCO - Bjørg Beate Kristiansen
Executive Vice President Corporate Services - Therese Linn Arentsen
Executive Vice President Strategy and Projects - Steinar Breen
Executive Vice President Direct Banking Personal and Corporate Market - Bente
Svensen
Executive Vice President Technology and Development - Siren Sundland

The new corporate management team will immediately start setting the direction
for the new bank.

- The final goals for Sparebanken Norge have not yet been set, but will revolve
around these ambitions at an overall level, says Kjerpeseth:
o Among the very best Norwegian savings banks in terms of banking operations and
return on equity
o Customer experiences and customer satisfaction in among the best in Norway
o Among the most attractive competence environments in the Norwegian finance
industry

- We have achieved a good position in both banks and have a fantastic starting
point as we build Norway's best savings bank. I look forward to the future, says
Kjerpeseth.

For more information, contact:
Jan Erik Kjerpeseth, CEO Sparebanken Norge, tel.: 951 98 430
Hanne Dankertsen, Director of Communications, Sparebanken Vest,
hanne.dankertsen@spv.no, tel.: 994 49173