DNB Bank ASA

Capital/Financing Update • Dec 17, 2021

DNB adjusts interest rates on home mortgages

DNB adjusts interest rates on home mortgages

Yesterday, the Norwegian central bank, Norges Bank, raised the key policy rate

by 0.25 percentage points, and today, DNB has decided to increase the interest

rates on home mortgages by up to 0.25 percentage points.

"On the basis of Norges Bank's decision to raise the key policy rate, DNB has

decided to adjust the interest rate on home mortgages by up to 0.25 percentage

points," says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.

All customers whose interest rates are adjusted will be given information in the

internet bank or receive a letter by post, explaining how their home mortgage

will be affected. The new interest rates will be effective from 18 December for

new customers, and from 28 January 2022 for existing customers.

For further information:

Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47)

97 71 32 50

Vibeke Hansen Lewin, Executive Vice President Communications tel.: (+47) 99 01

33 49

This information is subject to the disclosure requirements according to Section

5-12 of the Norwegian Securities Trading Act.