Morrow Bank AB: Notification of transactions conducted by persons discharging managerial responsibilities

25 May 2026 16:40 CEST

Morrow Bank AB ("Morrow Bank" or the "Company") hereby announces that the
Chairman of the Board, Niklas Midby, has divested shares in the Company for
the purpose of financing the subscription of warrants under the Company's
warrant programme, and that Board member Carl-Åke Nilson has acquired shares
in the Company.

Niklas Midby (Chairman)
On 25 May 2026, the Chairman of the Board, Niklas Midby, divested a total of
72,500 shares in Morrow Bank AB as follows:

* 57,500 shares on Nasdaq Stockholm at a volume-weighted average price of SEK
12.8172 per share, corresponding to a transaction value of SEK 736,990.
* 15,000 shares in an off-market transaction to Board member Carl-Åke Nilson
at a price of SEK 12.84 per share, corresponding to a transaction value of
SEK 192,600.

The divestments have been carried out for the purpose of financing Niklas
Midby's subscription of 400,000 warrants under the Company's warrant
programme, which was resolved by the Annual General Meeting on 28 April 2026
and announced through the Company's press release "Morrow Bank AB:
Notification of transactions conducted by persons discharging managerial
responsibilities" on 25 May 2026. The premium for the warrants amounts to SEK
2.74 per warrant, corresponding to a total of SEK 1,096,000. Each warrant
entitles the holder to subscribe for one (1) new share in Morrow Bank AB at a
subscription price of SEK 14.00 per share during the period from the date of
registration of the warrants with the Swedish Companies Registration Office
(Bolagsverket) up to and including 31 December 2029.

Following the completed transactions, Niklas Midby, together with closely
associated persons, holds 500 shares and 400,000 warrants in Morrow Bank AB.
Overall, the transactions result in an increase in Niklas Midby's financial
exposure to the Company, as the underlying number of shares represented by the
warrants substantially exceeds the number of shares divested.

Carl-Åke Nilson (Board member)
On 25 May 2026, Board member Carl-Åke Nilson acquired 15,000 shares in Morrow
Bank AB in an off-market transaction from the Chairman of the Board, Niklas
Midby, at a price of SEK 12.84 per share, corresponding to a transaction value
of SEK 192,600.

Following the completed transaction, Carl-Åke Nilson, together with closely
associated persons, holds 15,000 shares in Morrow Bank AB.

Notification to the Swedish Financial Supervisory Authority
Notification will be made to the Swedish Financial Supervisory Authority
(Finansinspektionen) within the prescribed time limit in accordance with
Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of
the Council on market abuse (MAR).

Contact
Eirik Holtedahl, CFO
Tel: +47 96 91 22 91
Email: ir@morrowbank.com

About Morrow Bank
Morrow Bank is a Nordic consumer finance bank offering digital and flexible
financing solutions to creditworthy individuals in Norway, Sweden and Finland.
The bank offers consumer loans, credit cards and high-yield deposit accounts,
supported by a modern and scalable banking platform.

This information is information that Morrow Bank is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact persons set out above, at
2026-05-25 16:40 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

674356_Morrow Bank AB- Notification of transactions conducted by persons discharging managerial responsibilities.pdf