DNB Bank ASA

Transaction in Own Shares • Apr 30, 2024

DNB Bank ASA - Acquisition of shares by primary insiders

DNB Bank ASA - Acquisition of shares by primary insiders

Oslo, 30 April 2024

Today, 30 April 2024, a total of 189,946 shares in DNB Bank ASA were acquired on

behalf of certain leading employees and risk takers. The purchase was executed

collectively at an average price per share of NOK 194.3405.

The shares were acquired in accordance with the regulation on remuneration in

financial institutions etc., which states that at least half of annual variable

remuneration shall be awarded as shares and be subject to certain lock-up

mechanisms.

The employees have been given a compensation for decreased share value resulting

from the lock-up at approximately 7.6% or 8.1%, depending on the length of the

lock-up period.

A list of primary insiders of DNB Bank ASA that have increased their

shareholding is attached.

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.