SB1 Markets established in Sweden from September 1st 2025

01 Sep 2025 07:30 CEST

SpareBank 1 banks and Swedbank are establishing a Nordic investment bank, in
which SpareBank 1 Nord-Norge holds a 14.45% ownership stake.

SB1 Markets began operations in Sweden on September 1st, 2025, as part of a
partnership between SpareBank 1 and Swedbank to create a leading Nordic
investment bank. SpareBank 1 Markets has changed its name to SB1 Markets and has
taken over Swedbank’s Investment Banking and DCM HY operations, with a branch in
Stockholm and a total of 65 employees in Sweden, and 260 employees overall.

Swedbank has acquired a 20 percent ownership stake in SB1 Markets. After the
transaction, SpareBank 1 Nord-Norge owns 14.45 percent of SB1 Markets. The
remaining 65.55 percent of shares are primarily owned by other SpareBank 1
banks.

The transaction has a positive but limited financial impact, which will be
finalized after the transaction is completed.

Tromsø, September 1st 2025

Contact:
Bengt Olsen, CFO – telephone 975 89 560

This information is disclosed in compliance with section 5-12 of the Securities
Trading Act.

More information:
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