Morrow Bank ASA

AGM Information • Apr 10, 2025

Morrow Bank ASA: Minutes from the Annual General Meeting

Morrow Bank ASA: Minutes from the Annual General Meeting

The Annual General Meeting of Morrow Bank ASA was held today, on Thursday 10 April 2025. All proposals on the agenda were adopted in accordance with the proposals in the notice dated 20 March 2025.

The minutes from the general meeting are attached to this notice and also available at ir.morrowbank.com.

Niklas Midby is elected as chairman of the board for a period of 2 years, Bodil Hollingsæter is re-elected as deputy chairman of the board for a period of 2 years. Kristian K.F. Huseby is re-elected as a board member for a period of 2 years. Anna-Karin Celsing is elected as a new board member for 1 year. Carl-Åke Nilson is elected as a new Board Member for a period of 2 years.

Mr. Midby has served as an ordinary member of the bank’s Board of Directors since the end of November 2024 and is also chairman of the board of Morrow Bank ASA’s Swedish subsidiary which is expected to become the surviving entity following the planned redomiciliation to Sweden. He has extensive and relevant board experience from Norwegian and Swedish banks, including chairman of the board of Norwegian Sbanken ASA in the period 2015 -2022, chairman of Skandiabanken in Sweden 2011-2016, former deputy chairman of the board of Stockholmsbörsen in addition to a number of current and previous board positions in finance/PE/investment companies.

For further information, please contact:

Eirik Holtedahl, CFO

Tel: +47 96 91 22 91

E-mail: ir@morrowbank.com

About Morrow Bank

Morrow Bank is a Nordic niche bank offering personal loans, credit cards and deposit accounts to consumers. The target group is creditworthy individuals with stable personal finances and no payment remarks. Credit risk is managed largely by automated processes for credit assessment and underwriting. The Bank has a diversified and balanced distribution model utilizing both public and proprietary channels. Operational efficiency and low cost are a foundation for Morrow Bank, enabled by centralised operations, modern systems and digital set-up. To learn more, visit ir.morrowbank.com.