Completion of the merger between Sparebanken Vest og Etne Sparebank approved by the banks' boards

17 Nov 2022 13:30 CET

Reference is made to the previous stock exchange notices dated 21 February 2022,
23 March 2022 and 17 October 2022.

The boards of Sparebanken Vest and Etne Sparebank have today approved completion
of the merger between the banks with adjustment of consideration in accordance
with the merger agreement and taken into account the condition from the
Norwegian Financial Supervisory Authority regarding distribution of premium. The
board of Etne Sparebank has at the same time approved establishment of the
foundation Sparebankstiftinga Etne.

The merger is completed upon registration in the Norwegian Register of Business
Enterprises. The aim is to complete the merger 1 December 2022.

Contacts:

Sparebanken Vest:
Jan Erik Kjerpeseth, CEO, tel: +47 951 98 430
Frank Johannesen, CFO, tel: +47 952 65 971
Brede Borgen Kristiansen, Director of Finance and Investor Relations, tel: +47
479 06 402
Hanne Dankertsen, Director of Communications, tel: +47 994 49 173

Etne Sparebank:
Sveinung Eskeland, Chairman of the Board of Directors, tel: +47 917 22 196
Rune Ramsvik, CEO, tel: +47 950 05 070

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

More information:
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