ABG Sundal Collier

Earnings Release • Oct 14, 2021

ABGSC - Q3 2021 Interim Report

ABGSC - Q3 2021 Interim Report

Highlights:

· Strongest ever Q3 with revenues of NOK 561m (+55%)

· YTD revenues of NOK 2,108m, up 104% from NOK 1,033m

· YTD diluted EPS of NOK 1.02 (0.32)

· Solid and diversified pipeline heading into Q4 and 2022

CEO comment:

Despite normally being the seasonally slowest quarter, Q3 2021 turned out to be

yet another record-breaking quarter with revenues of NOK 561m (+55%). Following

the summer holidays, there has been a high level of activity as we continue to

grow our business across markets, products and sectors. Although ECM continues

to be the strongest revenue contributor, we see strong growth both within DCM

and M&A.

We are running a truly Nordic operation and have a constant focus on how to

further improve our capacity to efficiently serve clients across borders. Our

footprint and total expertise throughout our firm and our offices allow us to

offer better advice and a broader set of options to our clients.

To meet our strategic ambitions and further build our capabilities to serve an

expanded list of clients, we have continued to strengthen our organisation by

recruiting and develop a number of top talents at all our Nordic offices, taking

the total headcount to a new all-time high of 320.

On that note, I would like to extend a welcome to all graduates that have joined

us from leading Nordic and international universities and business schools

during the quarter. At ABGSC, you will work with the top management of Nordic

corporates and some of the most sophisticated investors in the industry, while

learning the craftsmanship under the guidance of highly experienced colleagues.

Having broken all historical revenue records in four successive quarters, we

have taken L4Q revenues to the NOK 3bn mark. Despite executing transactions at a

fast and even pace, we retain a solid and well diversified pipeline. We are

humble about the importance of stable and open markets to our business on a

quarter-to-quarter basis, but I believe we have built a resilient and sound

business model that has the capacity to deliver robust and profitable growth in

the longer term and across business cycles.

Jonas Ström, CEO

For further information:

Jonas Ström, CEO                     +46 8 566 294 68

Geir B. Olsen, CFO                   +47 22 01 60 35

Please find attached the Q3 2021 Interim Report. A presentation will be held as

a webcast at 09.00 CET and can be accessed through a weblink or call-in details

presented on our corporate website www.abgsc.com.

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation article 7 and is subject to the disclosure requirements

pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock

exchange announcement was submitted for publication, through the agency of the

contact persons set out above, at 08:00 CET on 14 October 2021