Merger of SpareBank 1 SMN and SpareBank 1 Søre Sunnmøre - the Norwegian Competition Authority has cleared the transaction

21 Dec 2022 16:00 CET

Issuer

SpareBank 1 SMN

Reference is made to stock exchange notice dated 9 November 2022 stating that
the Supervisory Board in SpareBank 1 SMN and the General Meeting in SpareBank 1
Søre Sunnmøre have approved the merger of the two banks.

The Norwegian Competition Authority has on 21 December 2022 cleared the
transaction.

The merger is contemplated to be finalised on 2 May 2023.

Contact persons:

SpareBank 1 SMN
For investors: CFO Trond Søraas, tel. +47 922 36 803
For media: Executive director Rolf Jarle Brøske, tel. +47 911 12 475

SpareBank 1 Søre Sunnmøre
Chairman, Kjell Arvid Storeide, tel. +47 915 70 925
CEO, Stig Olav Brautaset, tel. +47 908 26 448

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


Source

SpareBank 1 SMN

Provider

Oslo Børs Newspoint

Company Name

SPAREBANK 1 SMN, Spb 1 SMN 13/23 4,05%, Spb 1 SMN 14/29 3,00%, Spb 1 SMN 17/23 2.20%, Spb 1 SMN 17/29 FRN C SUB, Spb 1 SMN 18/24 2,19%, Spb 1 SMN 18/PERP FRN C HYBRID, Spb 1 SMN 18/PERP ADJ C HYBRID, Spb 1 SMN 18/23 FRN, Spb 1 SMN 18/24 2,33%, Spb 1 SMN 18/28 FRN C SUB, Spb 1 SMN 19/24 2,39 %, Spb 1 SMN 19/PERP FRN C HYBRID, Spb 1 SMN 20/25 FRN, Spb 1 SMN 20/25 2,375 %, Spb 1 SMN 20/26 FRN C, Spb 1 SMN 20/26 FRN, Spb 1 SMN 20/26 1,40%, Spb 1 SMN 21/27 1.6325 pct C, Spb 1 SMN 21/27 FRN C, Spb 1 SMN 21/25 FRN C, Spb 1 SMN 21/27 ADJ C, Spb 1 SMN 22/28 ADJ C, Spb 1 SMN 22/28 FRN, Spb 1 SMN 22/32 FRN C SUB, Spb 1 SMN 22/27 3.97 pct, Spb 1 SMN 22/27 FRN, Spb 1 SMN 22/27 4.515pct, Spb 1 SMN 22/25 FRN, Spb 1 SMN 22/28 4.95pct, Spb 1 SMN 22/PERP ADJ C HYBRID

ISIN

NO0006390301, NO0010694946, NO0010725112, NO0010792823, NO0010806615, NO0010814205, NO0010814676, NO0010814684, NO0010816507, NO0010820962, NO0010831175, NO0010830755, NO0010830763, NO0010835796, NO0010850340, NO0010865660, NO0010872724, NO0010872740, NO0010891757, NO0010905474, NO0010905490, NO0010918154, NO0010918162, NO0011078420, NO0011083487, NO0011204182, NO0011207300, NO0012490103, NO0012540063, NO0012629411, NO0012629429, NO0012629403, NO0012747080, NO0012758509, NO0012758491

Symbol

MING

Market

Oslo Børs Nordic Alternative Bond Market