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DNB Bank ASA

M&A Activity May 27, 2021

3579_rns_2021-05-27_85c32695-5e86-4846-b62c-8aeb3b95788e.html

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Merger with DNB Bank ASA - approvals from the Ministry of Finance

Merger with DNB Bank ASA - approvals from the Ministry of Finance

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

merge the companies, with DNB Bank ASA as the surviving company.

The completion of the merger is conditional on obtaining the necessary

regulatory approvals. Such approvals were granted today, by the Norwegian

Ministry of Finance.

The merger is scheduled to be completed on or around 1 July 2021. DNB ASA will

be traded under the temporary ticker "DNBH" on the last two trading days prior

to completion of the merger. This is, due to technical limitations, necessary to

enable DNB Bank ASA to have "DNB" as its permanent ticker following the merger.

More specific information regarding the time line will be provided prior to

completion of the merger.

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