DNB Bank ASA

Board/Management Information • Sep 23, 2019

Organisational changes in DNB

Organisational changes in DNB

As of today, DNB has a new organisational structure and a new Group Management

team. The main changes are:

· Corporate Banking is a new business area that will provide more consistent

and comprehensive service to corporate customers. The area consists of the

former business areas Corporate Banking ('Bedriftsmarked') and Large Corporates

and International.

· IT development resources are being incorporated into the business areas to

strengthen the focus on digital customer channels and ensure good digital

customer experiences.

· Group-wide IT services and operations and automation responsibilities are

transferred to the new support unit called Technology & Services. This unit will

also strengthen the Group's work with safety, compliance and stable operations.

· People has become a separate support unit, responsible for employee

development and efficient job transition management.

DNB's Group Management team has a 50/50 gender distribution and as of today

includes the following members:

Group Chief Executive, CEO: Kjerstin Braathen

Group Finance, CFO: Ottar Ertzeid

Corporate Banking: Harald Serck-Hanssen

Personal Banking: Ingjerd Blekeli Spiten

Wealth Management: Håkon Hansen

Technology & Services: Maria Ervik Løvold

Markets: Alexander Opstad

Group Risk Management: Ida Lerner

Group Compliance: Mirella E. Wassiluk

People: Kari Bech-Moen

Payments & Innovation: Rasmus Figenschou

Communications: Thomas Midteide

For further information, contact:

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

Media: Thomas Midteide, Group EVP of Communications: +47 962 32 017