ABG Sundal Collier

Earnings Release • Jul 9, 2021

ABGSC - Q2 2021 Interim Report

ABGSC - Q2 2021 Interim Report

Highlights:

· Continued strong performance in all business segments, with Q2 revenues of

NOK 809m (+99%)

· YTD revenues of NOK 1,547m, up 131% from NOK 670m

· YTD non-compensation operating costs below last year

· YTD diluted EPS of NOK 0.80 (0.19)

· Transaction pipeline developing well going into H2

CEO comment:

Q2 proved to be yet another massive quarter, as our top line doubled relative to

the decent Q2 last year. With revenues exceeding NOK 1.5bn at the half-year mark

and NOK 2.8bn over the last four quarters, I also find it highly rewarding that

the income base has broadened significantly in recent quarters, with increased

activity in all markets and within all product segments. We have a strategic

goal of growing our Nordic revenue base and are very happy to see that we have

already exceeded the previous full-year revenue records for both our Danish and

Swedish operations.

Over the last 12 months we have completed more than 170 investment banking

transactions and raised more than NOK 150bn of debt and equity for our corporate

clients. This is a new record for ABGSC and is driven by a combination of strong

market fundamentals and ABGSC capturing a larger portion of the total available

market. Also, our brokerage and research operations have continued their

positive trend established over the past year.

An important reason for our success is our strong cross-selling initiatives

within our comprehensive product portfolio, enabling a truly holistic view of

our corporate clients and their needs and contributing to strengthened long-term

business relationships. In recent years, we have more than doubled our corporate

client base buying one or more of our services. We are also highly grateful to

the vast number of our recurring clients, providing testimony to our ability to

add value and provide quality advice over time and through different phases.

This is also evidence that our broad pan-Nordic capital market offering is

highly appreciated and that we have built a stronger and less cyclical business

model.

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 Q2 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 9 July 2021"

ABG Sundal Collier is a Nordic investment bank, providing high-quality

independent investment banking advice to our clients. We offer deep sector

knowledge, extensive transaction experience and access to a large network of

corporates and investors. We enable businesses and capital to grow and perform.

ABG Sundal Collier is listed on the Oslo Stock Exchange. Read more about us at

abgsc.com