DNB Bank ASA

Capital Markets Day: A solid foundation for growth and updated financial targets

DNB is hosting the Group's Capital Markets Day in London today.

Our financial targets for 2025-2027 are as follows:

· Return on equity (ROE) above 14% (from above 13%)

· Cost/income (C/I) ratio below 40% (no change)

· Dividend payout ratio of over 50% and an ambition to increase the nominal

dividends per share per year (no change)

· Common equity Tier 1 (CET1) capital ratio above 16.7% (no change)

Furthermore, our growth ambitions over time are as follows:

· Annual growth in loan volumes: 3-4% (no change)

· Annual growth in commission and fee income: above 9% (from 4-5%)

DNB's outlook is supported by a sound Norwegian economy with low unemployment

and a proven ability to withstand the current interest rate level. The activity

level in the Norwegian economy is expected to increase further in the years

ahead.

"DNB has a solid foundation for continued profitable growth, stemming from our

strong market positions, leading digital platforms and Nordic footprint. We will

build on our leading position in all our customer segments to create enhanced

customer value through our best-in-class digital solutions and competitive edge.

And with the acquisition of Carnegie, we will further strengthen our ability to

serve and support our customers across the Nordics and globally," says CEO of

DNB Kjerstin Braathen.

The acquisition of Carnegie is pending regulatory approval.

Please find the CMD presentation attached. The event will be live-streamed from

12:00 GMT / 13:00 CET at ir.dnb.no.

For further information, please contact:

Rune Helland, Head of Investor Relations, tel.: (+47) 97 71 32 50

Even Westerveld, Group Executive Vice President, People & Communication, tel.:

(+47) 40 01 67 44

This information is subject to the disclosure requirements under Section 5-12 of

the Norwegian Securities Trading Act.

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