DNB Bank ASA

Major Shareholding Notification • May 4, 2022

The Market Administration Department The Oslo Stock Exchange Tollbugt 2 PO Box 460 Sentrum 0105 OSLO Norway E-mail: ma@oslobors.no

Investor Relations DNB Bank ASA Dronning Eufemias gate 30 Oslo P.O. Box 1600 Sentrum Norway E:mail: rune.helland@dnb.no

DNB Bank ASA

Securities Trading Act

On behalf of JPMorgan Chase & Co. ("JPMC") and its subsidiaries, JPMC hereby notifies that it no longer has a notifiable interest in DNB Bank ASA ("the Company"), as detailed in the attached Schedule.

If you require any further information, please do not hesitate to contact me.

Yours faithfully

Alwyn Basch EMEA Compliance Department

JPMorgan Chase Bank, National Association 25 Bank Street, London, E14 5JP Tel: +44 (0)20 7742 7407 • Fax: +44 (0) 20 3493 0684 •EMEA_DOI_Compliance@jpmorgan.com

Organised under the laws of U.S.A. with limited liability. Main Office 1111 Polaris Parkway, Columbus, Ohio 43240 Registered as a branch in England & Wales branch No. BR000746. Registered Branch Office 25 Bank Street, Canary Wharf, London, E14 5JP

Authorised by the Office of the Comptroller of the Currency in the jurisdiction of the U.S.A. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and to limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.

03 May 2022

SCHEDULE

DNB Bank ASA

JPMorgan Chase & Co. ("JPMC ") has a notifiable interest in the share capital of DNB Bank ASA as a result of trades by its subsidiary J.P. Morgan Securities plc. The total number of shares held by JPMC on 02 May 2022 was 75,516,544 being 4.871% of the issued share capital and voting rights of the company. The equity holding in JPMC crossed notification threshold of 5% on 02 May 2022.

Breakdown by number of shares held:

J.P. Morgan Securities plc	73,562,125 (4.745%)
J.P. Morgan SE	1,914,518 (0.123%)
J.P. Morgan Securities LLC	39,900 (0.003%)
JPMorgan Chase Bank, National Association	1 (0.000%)

Trades by J.P. Morgan Securities plc Buy 727,962 Sale 6,368,962

CHAIN OF CONTROLLED UNDERTAKINGS

Relationship of JPMorgan JPMorgan Chase & Co. to subsidiaries involved in the disclosure

JPMorgan Chase & Co. JPMorgan Chase Bank, National Association (100%) J.P. Morgan International Finance Limited (100%) J.P. Morgan Capital Holdings Limited (100%) J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co. JPMorgan Chase Bank, National Association (100%)

JPMorgan Chase & Co. JPMorgan Chase Holdings LLC (100%) J.P. Morgan Broker-Dealer Holdings Inc. (100%) J.P. Morgan Securities LLC (100%)

JPMorgan Chase & Co. JPMorgan Chase Bank, National Association (100%) J.P. Morgan International Finance Limited (100%) J.P. Morgan SE (100%)