DNB Bank ASA

M&A Activity • Jul 1, 2021

Completion of intragroup merger

Completion of intragroup merger

On 30 November 2020 the general meetings of DNB ASA and DNB Bank ASA resolved to

merge the companies with DNB Bank ASA as the surviving entity. The completion of

the merger was registered in the Norwegian Register of Business Enterprises (the

"NRBE") today.

As a result of the completion all assets, rights and obligations in DNB ASA has

been transferred to DNB Bank ASA, and DNB ASA has been dissolved and deleted

from the NRBE. In addition, the new Articles of Association and the new

composition of the Board of Directors of DNB Bank ASA are effective from the

completion time.

DNB Bank ASA is the new holding company in the DNB Group following the

completion, and all outstanding shares of the company will be admitted to

trading on the Oslo Stock Exchange from and including tomorrow, 2 July 2021.

Reference is made to the stock exchange announcement on 25 June 2021 for more

information about the merger and the listing.