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SpareBank 1 Sørøst-Norge

Board/Management Information • May 27, 2021

3753_rns_2021-05-27_aa2d25da-a06d-4ccf-a4e4-33895f2da650.html

Board/Management Information

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Appointment of a new CEO in SpareBank 1 Sørøst-Norge

Reference is made to the previous stock exchange notices pertaining to the contemplated merger between SpareBank 1 BV and Sparebanken Telemark, inter alia stock exchange notices dated 30 November 2020, 22 February 2021,25 March 2021 and 27 April 2021.

Today, the board of directors in SpareBank 1 BV has appointed Per Halvorsen as the new CEO in the merged bank. The employment takes effect form the date of registration of the merger in the Norwegian Register of Business Enterprises.

The registration of the merger in the Norwegian Register of Business Enterprises is expected to be completed on 1 June 2021.

Tønsberg, 27. May 2021

Contact:

Finn Haugan, chairman, tel. + 47 900 41 002

This information is disclosed pursuant to the requirements of the Securities Trading Act § 5-12