The merger of Sparebanken Sør and Sparebanken Vest approved by the general meetings of Sparebanken Sør and Sparebanken Vest

02 Oct 2024 19:00 CEST

Issuer

Sparebanken Norge

Reference is made to the stock exchange notice of 28 August 2024, regarding the
decision by the boards of Sparebanken Sør and Sparebanken Vest to adopt a plan
for merging the banks (merger plan) and forming Norway’s leading savings bank,
and the stock exchange notice of 10 September 2024, about the summons to an
extraordinary general meeting in Sparebanken Sør on 2 October 2024.

The general meeting of Sparebanken Sør and the general meeting of Sparebanken
Vest have in a meetings on 2 October 2024 unanimously approved the merger of the
banks by transferring the assets, rights, and obligations of Sparebanken Sør to
Sparebanken Vest and forming the new savings bank.

Reference is also made to the attached minutes from the general meeting where
the decision was unanimously made in accordance with the summons.

The merger is conditional upon that the relevant supervisory authorities grant
the required permissions for completion without imposing conditions that
significantly alter the assumptions that the banks have made under the merger
plan.

The aim is to complete the merger around 1 July 2025.

Sparebanken Vest has engaged Swedbank AB as financial advisor in connection with
the merger, while Advokatfirmaet Selmer AS has been engaged as legal advisor.
Sparebanken Sør has engaged Pareto Securities AS as financial advisor and
Advokatfirmaet Thommessen AS as legal advisor.

Contact persons:

Sparebanken Vest
Chair: Arild Bødal, tel. +47 905 66 621
CEO: Jan Erik Kjerpeseth, tel. +47 951 98 430
CFO: Frank Johannesen, tel. +47 952 65 971

Sparebanken Sør
Chair: Knut Ruhaven Sæthre, tel. +47 911 17 876
CEO: Geir Bergskaug, tel. +47 901 27 206
CFO: Steinar Vigsnes, tel. +47 906 13 135

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


628920_Minutes Extraordinary General Meeting 2 October 2024.pdf

Source

Sparebanken Vest

Provider

Oslo Børs Newspoint

Company Name

SPAREBANKEN VEST, Spb Vest Boligkredit AS 24/29 FRN C COVD, Spb Vest 19/25 2,42%, Spb Vest 19/25 FRN, Spb Vest 20/PERP FRN C HYBRID, Spb Vest 20/26 ADJ C, Spb Vest 20/26 FRN C, Spb Vest 21/27 FRN C, Spb Vest 21/31 FRN C SUB, Spb Vest 21/PERP FRN C HYBRID, Spb Vest 21/24 FRN, Spb Vest 21/25 1.84pct NOK, Spb Vest 22/26 FRN, Spb Vest 22/26 3.515pct, Spb Vest 22/25 FRN, Spb Vest 22/25 3.60 pct, Spb Vest 22/PERP ADJ C HYBRID, Spb Vest 23/33 FRN C SUB, Spb Vest 23/PERP FRN C HYBRID, Spb Vest 23/27 5,32%, Spb Vest 23/27 5,80%, Spb Vest 23/28 FRN FLOOR, Spb Vest 23/33 ADJ C SUB, Spb Vest 23/PERP ADJ C HYBRID, Spb Vest 23/29 4,99%, Spb Vest 23/28 FRN, Spb Vest 23/27 FRN, Spb Vest 24/29 FRN, Spb Vest 24/29 4,14%, Spb Vest 24/28 FRN, Spb Vest 24/34 FRN C SUB, Spb Vest 24/99 FRN HYBRID, Spb Vest 24/28 4,73%, Spb Vest 24/35 ADJ C SUB

ISIN

NO0006000900, NO0013149047, NO0010872252, NO0010871270, NO0010882400, NO0010887268, NO0010890114, NO0010917107, NO0010936768, NO0011008401, NO0011032328, NO0011109597, XS2393937300, NO0011130221, NO0012490053, NO0012490061, NO0012539107, NO0012539115, NO0011204133, NO0012747106, NO0012837048, NO0012939109, NO0013004523, NO0012997446, NO0013004549, NO0012990565, NO0013053512, NO0013053470, NO0013086793, NO0013095653, NO0013104521, NO0013115782, NO0013115790, NO0013117028, NO0013148957, NO0013150219, NO0013178707, NO0013229161, NO0013229229, NO0013311373, NO0013320119

Symbol

SVEG

Market

Euronext Oslo Børs Nordic Alternative Bond Market