DNB Bank ASA

Major Shareholding Notification • Jan 5, 2024

The Capital Group Companies, Inc. 333 South Hope Street Los Angeles, CA 90071-1406

capitalgroup.com

04 January 2024

DNB Bank ASA Oslo Bors AS

(Oslo Stock Exchange) 011 47 22 41 67 90 ma@oslobors.no

Norwegian Central Depository (VPS) 011 47 22 63 52 00 vps@vps.no

Re: The Capital Group Companies, Inc. - Disclosure of acquisition/disposition of large shareholdings - DNB Bank ASA (the "Company")

The Capital Group Companies, Inc. ("CGC") is the parent company of Capital Research and Management Company ("CRMC") and Capital Bank & Trust Company ("CB&T"). CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds and institutional clients. CRMC and its investment manager affiliates manage equity assets for various investment companies through three divisions, Capital Research Global Investors, Capital International Investors and Capital World Investors. CRMC is the parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company of six investment management companies ("CGII management companies"): Capital International, Inc., Capital International Limited, Capital International Sàrl , Capital International K.K., Capital Group Private Client Services and Capital Group Investment Management Private Limited. CGII management companies and CB&T primarily serve as investment managers to institutional clients. CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Neither CGC nor any of its affiliates own shares of the Company for its own account. Rather, the shares reported on this Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above.

Pursuant to Section 4-3 of the Norwegian Securities Trading Act and the Securities Trading Act Regulations, we hereby disclose the following information.

On 03 January 2024, one or more of CGC's management companies disposed of 522,748 shares of the Company, resulting in a shareholding amounting to 4.968% of total voting rights and 4.968% of total share capital. Please see the enclosed Schedule A for transaction details and Schedule B for the number of shares in the Company held by each management company in respect of which this notification relates.

For the purpose of this Report, the total voting rights figure of 1,542,613,203 votes and the total share capital figure of 1,542,613,203 shares were used to calculate the percentages. We believe these figures are correct; however, if these numbers are not accurate, please contact us as soon as possible so we may make the necessary revisions.

Should you have questions or require additional information, please contact us at (213) 615-0469 or via e-mail at GRGroup@capgroup.com.

Regards,

_____________________

Emily Meikle Compliance Associate

Schedule A - DNB Bank ASA The Capital Group Companies, Inc. Transactions by Management Company As of 03 January 2024

Management Company	Date of transaction	Nature of change	Price per share	Class and number of securities transacted	Votes affected
Capital Research and Management Company	03 Jan 2024	Sale	213.8000 NOK	234,762 Common Stock	234,762
Capital Research and Management Company	03 Jan 2024	Sale	215.0326 NOK	162,902 Common Stock	162,902
Capital Research and Management Company	03 Jan 2024	Sale	213.5000 NOK	135,730 Common Stock	135,730
Capital Research and Management Company	03 Jan 2024	Sale	213.5500 NOK	892 Common Stock	892
Capital Research and Management Company	03 Jan 2024	Sale	20.6200 USD	686 Common Stock arising from 686 Depository Receipts	686
Capital Research and Management Company	03 Jan 2024	Sale	214.0000 NOK	15 Common Stock	15
Capital Research and Management Company	03 Jan 2024	Purchase	213.8000 NOK	23,244 Common Stock	23,244
Capital Research and Management Company	03 Jan 2024	Purchase	20.6200 USD	24,275 Common Stock arising from 24,275 Depository Receipts	24,275
Capital International Limited	03 Jan 2024	Sale	213.8000 NOK	5,975 Common Stock	5,975
Capital International Limited	03 Jan 2024	Sale	215.0326 NOK	4,576 Common Stock	4,576
Capital International Limited	03 Jan 2024	Sale	213.5000 NOK	2,150 Common Stock	2,150
Capital International Sarl	03 Jan 2024	Sale	213.8000 NOK	5,791 Common Stock	5,791
Capital International Sarl	03 Jan 2024	Sale	213.5000 NOK	3,782 Common Stock	3,782
Capital International Sarl	03 Jan 2024	Sale	215.0326 NOK	3,696 Common Stock	3,696
Capital International, Inc.	03 Jan 2024	Sale	215.0326 NOK	2,880 Common Stock	2,880
Capital International, Inc.	03 Jan 2024	Sale	213.8000 NOK	2,359 Common Stock	2,359
Capital International, Inc.	03 Jan 2024	Sale	213.5000 NOK	1,529 Common Stock	1,529
Capital Group Private Client Services, Inc.	03 Jan 2024	Sale	214.9680 NOK	194 Common Stock	194
Capital Group Private Client Services, Inc.	03 Jan 2024	Sale	213.3932 NOK	159 Common Stock	159
Capital Group Private Client Services, Inc.	03 Jan 2024	Sale	214.9681 NOK	71 Common Stock	71
Capital Group Private Client	03 Jan 2024	Sale	214.9682 NOK	69 Common Stock	69

Management Company	Date of transaction	Nature of change	Price per share	Class and number of securities transacted	Votes affected
Services, Inc.
Capital Group Private Client Services, Inc.	03 Jan 2024	Sale	213.3930 NOK	20 Common Stock	20
Capital Group Private Client Services, Inc.	03 Jan 2024	Off Market - Transfer In	20.5933 NOK	606 Common Stock	606
Capital Group Investment Management Private Limited	03 Jan 2024	Sale	213.8000 NOK	1,113 Common Stock	1,113
Capital Group Investment Management Private Limited	03 Jan 2024	Sale	215.0326 NOK	913 Common Stock	913
Capital Group Investment Management Private Limited	03 Jan 2024	Sale	213.5000 NOK	609 Common Stock	609

Schedule B - DNB Bank ASA The Capital Group Companies, Inc. Holdings by Management Company As of 03 January 2024

Management Company	Number of Votes	Percent of total voting rights	Number of Shares	Percent of total shares
Capital Research and Management Company	69,704,917	4.519%	69,704,917	4.519%
Capital International Limited	501,422	0.033%	501,422	0.033%
Capital International Sarl	732,200	0.047%	732,200	0.047%
Capital International, Inc.	2,862,748	0.186%	2,862,748	0.186%
Capital Group Private Client Services, Inc.	2,711,165	0.176%	2,711,165	0.176%
Capital Group Investment Management Private Limited	117,230	0.008%	117,230	0.008%
The Capital Group Companies, Inc.	76,629,682	4.968%	76,629,682	4.968%