KRAFT BANK ASA – BOND MANDATE ANNOUNCEMENT

08 Nov 2022 08:00 CET

Kraft Bank ASA has mandated Pareto Securities AS as arranger for a potential
issuance of a new dated subordinated Tier 2 bond issue of up to NOK 40 million,
subject to market conditions.

The Tier 2 bond issue will have a floating rate and a tenor of minimum 10 year
with first call option for the bank 5 years after issue date.

A potential bond issue has been approved by the bank's General Meeting and Board
of Directors.
Sandnes, 8 November 2022.

For further information, please contact:
CFO, Ole Jacob Olsnes, mob. +47 930 54 192

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

More information:
Access the news on Oslo Bors NewsWeb site