08 Dec 2025 16:30 CET

Issuer

Kommunalbanken AS

The Norwegian Parliament adopted the following request to the Government on
Friday, 5 December 2025 in connection with the approval of the state budget for
2026:

“The Government shall assess whether loans to municipalities should have the
same risk weight as loans to the central government in the capital requirements
regulations. In this context, the Government is also asked to assess whether
Kommunalbanken’s risk weight should be changed and whether Kommunalbanken should
be given the status of promotional bank.”

We have received questions about what impact the decision may have on KBN and
the market for municipal securities. The assessment might be relevant for the
regulations on capital and liquidity requirements and on recovery and resolution
management.

The legislature has only requested an assessment of the matter. It is currently
uncertain whether the Government will propose changes and what the impact of
such potential changes could be. Kommunalbanken welcomes the assessment process
and is available to answer any questions the Government may have in this regard.



Contact information:
Sigbjørn Birkeland
Chief Capital Markets Officer
Phone: +47 934 80 893
Email: sib@kbn.com


Source

Kommunalbanken AS

Provider

Oslo Børs Newspoint

Company Name

Kommunalbanken AS 16/33 3,02% C SUB, Kommunalbanken AS 17/PERP ADJ C HYBRID, Kommunalbanken AS 17/27 2,00%, Kommunalbanken AS 17/32 2,20%, Kommunalbanken AS 23/PERP 4,22% C HYBRID

ISIN

NO0010760168, NO0010794373, NO0010811276, NO0010811284, NO0012935354

Market

Euronext Oslo Børs