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DNB Bank ASA

Capital/Financing Update Apr 5, 2023

3579_rns_2023-04-05_31067645-f50f-4c32-9068-d6bdcfbb366c.html

Capital/Financing Update

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Basis swap and AT1 impact in Q1 2023

Basis swap and AT1 impact in Q1 2023

In the first quarter of 2023, the DNB Group will recognise a negative mark-to

-market effect of NOK 3.7 million from basis swaps connected to funding.

Furthermore, a positive effect of NOK 526.6 million from the USD Additional Tier

1 capital will also be recognised. The effects will appear under Net gains on

financial instruments at fair value in our financial statement.

For further information, please contact:

Rune Helland, head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977

13 250

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