Finanstilsynet has granted necessary permits to carry out the merger between SpareBank 1 SMN and SpareBank 1 Søre Sunnmøre

17 Mar 2023 14:30 CET

Issuer

SpareBank 1 SMN

Reference is made to previous stock exchange notifications on the merger
process, the latest dated 21 December 2022. The Financial Supervisory Authority
of Norway (Finanstilsynet) has now granted the necessary permits to carry out
the merger between SpareBank 1 SMN and SpareBank 1 Søre Sunnmøre in accordance
with a decisions made by the banks' Supervisory Boards on 9 November 2022.

Finanstilsynet has also granted permission to the establishment of
Sparebankstiftinga Søre Sunnmøre, which will be established by SpareBank 1 Søre
Sunnmøre in connection with the completion of the merger.

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

Contact persons:

SpareBank 1 SMN
For investors: CFO Trond Søraas, tel. +47 922 36 803
For the press: 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 disclosed pursuant to the requirements of the Securities
Trading Act § 5-12.


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 ADJ C HYBRID, Spb 1 SMN 18/PERP FRN C HYBRID, 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, NO0010814684, 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