SpareBank 1 Sørøst-Norge

Earnings Release • Oct 20, 2022

SpareBank 1 Gruppen - result 3rd quarter and the first three quarters of 2022.

SpareBank 1 Gruppen - result 3rd quarter and the first three quarters of 2022.

SpareBank 1 Sørøst-Norge has a indirect share of 5,85 % in SpareBank 1 Gruppen AS. SpareBank 1 Sørøst-Norge's majority share of SpareBank 1 Group's profit after tax in the 3rd quarter was NOK 5,2 (45,3) *million. SpareBank 1 Sørøst-Norge majority share of profit as of 30 September 2022 was NOK 13,9 (81,7) million.

SpareBank 1 Gruppen's consolidated profit before tax as of 30 September 2022 was NOK 595 (2,816) million. Profit after tax was NOK 444 (2,170) million. The majority's share of profit after tax in the 3rd quarter and as of 30 September 2022 was respectively NOK 89 (425) and NOK 238 (1,527) million. The result for SpareBank 1 Gruppen before and after tax in the 3rd quarter was respectively NOK 288 (816) and NOK 207 (621) million.

Fremtind, which is 65% owned by SpareBank 1 Gruppen AS, had a profit before tax of NOK 452 (741) million in the 3rd quarter. Fremtind's profit before tax as of 30 September 2022 was NOK 790 (2,408) million.

*) Figures in brackets indicate the amount for the corresponding period in 2021.

Sandefjord, 20. October 2022

This information is mandatory according to §5-12 of the Norwegian Securities Trading Act