Increase of Share Capital Registered

10 Dec 2025 14:58 CET

Share capital increase by monetary contribution related to exercise of share
options to subscribe for 106,902 shares and resolution to increase the share
capital dated 26 November 2025 has been registered with the Norwegian Register
of Business Enterprises. The share options are exercised in accordance with the
terms of the employee stock option plan. Following the issuance of the new
shares, the share capital of Morrow Bank ASA is NOK 231,378,181 consisting of
231,378,181 shares, each of par value NOK 1.00.

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