Protector Forsikring

Capital/Financing Update • Oct 28, 2025

PROTECTOR FORSIKRING ASA SUCCESSFUL PLACEMENT OF NEW PERPETUAL RESTRICTED TIER 1 BOND ISSUE

PROTECTOR FORSIKRING ASA SUCCESSFUL PLACEMENT OF NEW PERPETUAL RESTRICTED TIER 1 BOND ISSUE

Protector Forsikring ASA, rated A- (Excellent) with Stable outlook from AM

Best, has today successfully issued a new NOK 350,000,000 Solvency II

compliant Perpetual Restricted Tier 1 bond pricing at 3m NIBOR + 260bps.

First call option will be on 4 November 2030, five years after the settlement

date. The bond will qualify as a Restricted Tier 1 Instrument for the issuer

for the purpose of applicable regulations.

Settlement date for the new issue is expected to be 4 November 2025.

The new bond issue will be applied for listing at Oslo Børs.

Nordea acted as Sole Manager for the bond issue.

Oslo, 28 October 2025

For further information, please contact:

CFO, Ditlev de Vibe Vanay, mob. +47 934 80 393

This information is subject to disclosure under the Norwegian Securities

Trading Act, §5-12. The information was submitted for publication at

2025-10-28 13:05 CET.