Morrow Bank ASA: Minutes from the Annual General Meeting

10 Apr 2025 12:00 CEST

The Annual General Meeting of Morrow Bank ASA was held today, on Thursday 10
April 2025. All proposals on the agenda were adopted in accordance with the
proposals in the notice dated 20 March 2025.

The minutes from the general meeting are attached to this notice and also
available at ir.morrowbank.com.

Niklas Midby is elected as chairman of the board for a period of 2 years, Bodil
Hollingsæter is re-elected as deputy chairman of the board for a period of 2
years. Kristian K.F. Huseby is re-elected as a board member for a period of 2
years. Anna-Karin Celsing is elected as a new board member for 1 year. Carl-Åke
Nilson is elected as a new Board Member for a period of 2 years.

Mr. Midby has served as an ordinary member of the bank’s Board of Directors
since the end of November 2024 and is also chairman of the board of Morrow Bank
ASA’s Swedish subsidiary which is expected to become the surviving entity
following the planned redomiciliation to Sweden. He has extensive and relevant
board experience from Norwegian and Swedish banks, including chairman of the
board of Norwegian Sbanken ASA in the period 2015 -2022, chairman of
Skandiabanken in Sweden 2011-2016, former deputy chairman of the board of
Stockholmsbörsen in addition to a number of current and previous board positions
in finance/PE/investment companies.

For further information, please contact:
Eirik Holtedahl, CFO
Tel: +47 96 91 22 91
E-mail: ir@morrowbank.com

About Morrow Bank
Morrow Bank is a Nordic niche bank offering personal loans, credit cards and
deposit accounts to consumers. The target group is creditworthy individuals with
stable personal finances and no payment remarks. Credit risk is managed largely
by automated processes for credit assessment and underwriting. The Bank has a
diversified and balanced distribution model utilizing both public and
proprietary channels. Operational efficiency and low cost are a foundation for
Morrow Bank, enabled by centralised operations, modern systems and digital
set-up. To learn more, visit ir.morrowbank.com.

More information:
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643434_Minutes AGM 10 April 2025.pdf