DNB Bank ASA

M&A Activity • Jun 25, 2021

Information regarding intragroup merger and listing of DNB Bank ASA

Information regarding intragroup merger and listing of DNB Bank ASA

On 30 November 2020 the general meetings of DNB ASA and DNB Bank ASA resolved to

merge the companies with DNB Bank ASA as the surviving entity. DNB Bank ASA will

be the new holding company in the DNB Group following the merger, and all

outstanding shares of the company will be admitted to trading on the Oslo Stock

Exchange.

The merger will be implemented after close of trading on the Oslo Stock Exchange

on 1 July 2021. The shares issued by DNB ASA can be traded until close of

trading on this date. Shareholders in DNB ASA at the time of implementation of

the merger, as registered in the Norwegian Securities Register (VPS) on 5 July

2021, will receive one share in DNB Bank ASA for each share held in DNB ASA.

Trading in the shares of DNB Bank ASA will commence on 2 July 2021. The shares

of DNB Bank ASA will from this date trade under the ticker "DNB", which is the

current ticker of DNB ASA, on ISIN NO 001 0161896.

DNB ASA will be traded under the ticker "DNBH" on the last two trading days

prior to implementation of the merger. Due to technical restrictions this is

necessary in order to facilitate that DNB Bank ASA can use the ticker "DNB"

permanently after completion of the merger.

The NewsWeb history of DNB ASA will continue to exist under the ticker "DNB",

while the history of DNB Bank ASA will continue under "DNB Bank ASA_old".

DNB Bank ASA has prepared and published an "Exempted Document" pursuant to the

prospectus regulation as part of the listing on the Oslo Stock Exchange. The

Exempted Document, which may be found on https://www.ir.dnb.no/press-and

-reports/ir-updates, is an information document that provides an overview of the

business and organisation of the DNB group. The Exempted Document is not a

prospectus and has not been reviewed or approved by the Financial Supervisory

Authority of Norway.

An overview of the timeline related to the implementation of the merger and the

listing of DNB Bank ASA on the Oslo Stock Exchange is included below:

DNB ASA changes temporary 30 June 2021

ticker to «DNBH»

Last day of trading of DNB ASA 1 July 2021

on the Oslo Stock Exchange

Effective date for 1 July 2021 after close of trading

implementation of the merger

First day of trading of DNB 2 July 2021

Bank ASA on the Oslo Stock

Exchange

Record date in the VPS 5 July 2021

Shares in DNB Bank ASA 6 July 2021

delivered through VPS

Reference is made to the stock exchange announcements dated 22 October and 30

November 2020, and 27 May and 24 June 2021, for further information about the

merger.