SpareBank 1 SMN: Continued savings programme for employees

17 Dec 2025 07:00 CET

The Board of Directors of SpareBank 1 SMN has decided to continue the savings
scheme for employees in 2026.

All employees of the bank and its subsidiaries are invited to participate in the
savings programme. The object of the programme is to motivate employees to
become co-owners of the bank and the same time to increase interest in the
bank's strategy and results.

Employees commit themselves to a fixed savings amount for 2026. For 2026 the
bank offers a scheme enabling employees to save either NOK 6,000, NOK 12,000,
NOK 24,000, NOK 36,000 or NOK 48,000 per year through a monthly salary deduction
from January to December 2026. The savings amount will be used to buy equity
certificates in SpareBank 1 SMN on behalf of the participating employees. The
amounts are fixed for the year and cannot be changed during the period of the
programme.

The bank will aim to acquire the equity certificates in the day(s) following the
publication of its 1st, 2nd and 3rd quarter results in 2026, and in December
2026. SB1 Markets AS will acquire the equity certificates on behalf of the bank.
The equity certificates will be distributed to the employees as soon as possible
after the acquisition at the same price the bank paid in the open market without
any form of discount. The purchase price and the number of equity certificates
purchased by the bank will be published in accordance with the current rules for
trading in own equity certificates.

After 2 years of consecutive ownership of the equity certificates purchased in
the savings programme for 2026, all employees will receive one free equity
certificate for every two purchased under the programme.

The table below lists all primary insiders of SpareBank 1 SMN participating in
the savings programme for 2026. The amounts listed are total amounts for 2026.
The purchase price and the number of equity certificates purchased by each
primary insider will be published after the completion of each transaction.


Name, Savings amount (NOK)

Jan-Frode Janson, 48,000
Trond Søraas, 48,000
Vegard Helland, 48,000
Monica Haftorn Iversen, 48,000
Ola Neråsen, 48,000
Rolf Jarle Brøske, 48,000
Arne Nypan, 48,000
Inge Lindseth, 48,000
Christina Straub, 24,000
Astrid Undheim, 48,000
Kjetil Reinsberg, 48,000
Kristin Sæther, 24,000
Johan-Petter Winsnes, 48,000


Trondheim, 16 December 2025

Contact person in SpareBank 1 SMN:
CFO, Trond Søraas, tel. +47 922 36 803

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

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