Sparebanken Vest: Mandatory notification of trade

03 Nov 2022 18:45 CET

The employees of Sparebanken Vest have committed to purchasing equity
certificates as part of the bank’s savings program (“SVEG-program”). Price is
set based on market prices in the subscription period.

In the SVEG-program, Sparebanken Vest has received subscriptions for equity
certificates corresponding to a value of NOK 18,260,000, including subscriptions
by primary insiders. The equity certificates will be sold to the employee at a
discount and a 36 month lock-up obligation.

Allocation will take place on or around 6th of December 2022. Allocation will be
from the bank’s own holding of equity certificates. The attached list shows
amounts subscribed for by primary insiders.

Bergen, 3 November 2022
Sparebanken Vest

For further information, contact:
CEO, Jan Erik Kjerpeseth, tel.: +47 951 98 430 and e-mail: jan.kjerpeseth@spv.no

CFO, Frank Johannesen, tel.: +47 952 65 971 and e-mail: frank.johannesen@spv.no
Director Finance & Investor Relations, Brede Borgen Kristiansen, tel.: +47 479
06 402 and e-mail: brede.kristiansen@spv.no

This information is subject to disclosure requirements pursuant to Section 5-12
in the Norwegian Securities Trading Act, cf. Section 4-2.

More information:
Access the news on Oslo Bors NewsWeb site

574736_SVEG vedlegg 1.pdf
574736_SVEG vedlegg 2.pdf