DNB Bank ASA

Investigation of DNB dismissed

On 28 November 2019, Økokrim (the Norwegian National Authority for Investigation

and Prosecution of Economic and Environmental Crime) announced that it had

initiated an investigation of DNB. The reason for the investigation was the

customer relationship between DNB and the Icelandic fisheries company linked by

the media to alleged cases of corruption in Namibia.

DNB has been informed that the investigation has not generated any information

that gives grounds for criminal prosecution of individuals. Further, the public

prosecutor is not of the view that a corporate penalty is applicable in this

case. The case has therefore been dismissed.

"We have had constructive cooperation with Økokrim all along, and we have shared

all relevant information in our possession. We take note of the announcement

that DNB will not be subject to criminal prosecution," says Thomas Midteide,

Group Executive Vice President of Communications & Sustainability.

For further information:

Rune Helland, Head of Investor relations: + 47 977 13 250

Thomas Midteide, GEVP Communications & Sustainability: +47 962 32 017

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