SpareBank 1 Gruppen – Q3 2024 Results

22 Oct 2024 07:30 CEST

SpareBank 1 Gruppen's consolidated net profit after tax for the 3rd quarter and
YTD in 2024 were NOK 825 (-64) million and NOK 1.240 (187) million,
respectively. The majority's share of the consolidated net profit after tax for
the 3rd quarter and YTD in 2024 were NOK 442 (-66) million and NOK 647 (86)
million, respectively.

SpareBank 1 Nord-Norge holds a direct ownership stake of 19,5% in SpareBank 1
Gruppen AS. SpareBank 1 Nord-Norge's share of SpareBank 1 Gruppen's net profit
after tax for the 3rd quarter was NOK 86 (-13) million. SpareBank 1 Nord-Norge's
majority share of net profit YTD was NOK 126 (9) million.

The entry of Eika Forsikring AS on July 1st led to an increase in equity in the
SpareBank 1 Gruppen group, and the final calculation of the majority share of
the equity amounted to 2.3 billion. SpareBank 1 Nord-Norge will recognize in the
profit and loss account 19,5% percent, which amounts to NOK 452 million in the
3rd quarter.

Fremtind Holding Group, owned 51,44 % by SpareBank 1 Gruppen AS, reported a
pre-tax profit of NOK 1.095 (20) million in the 3rd quarter and NOK 1.824 (366)
million YTD.

Figures in parentheses indicate the amounts for the corresponding period in
2023.

Tromsø, 22 October, 2024

For further information, please contact:
• CFO Bengt Olsen, tlf. +47 975 89 560, e-mail bengt.olsen@snn.no

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

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