DNB Bank ASA

Transaction in Own Shares • Dec 15, 2025

DNB Bank ASA - status of share buy-back programme after week 50 2025

DNB Bank ASA - status of share buy-back programme after week 50 2025

On 22 October 2025, DNB Bank ASA ("DNB") announced that the company has decided

to initiate a share buy-back programme comprising up to 1.0 percent of the

company's own shares, which represents a total of 14,776,048 shares.

Up to 9,752,192 shares will be purchased on trading venues by 20 February 2026,

and a proposal to cancel the shares will be submitted to the next Annual General

Meeting. At the same meeting it will also be proposed to redeem the remaining

shares - up to 5,023,856 shares - from the Norwegian Government, represented by

the Ministry of Trade, Industry and Fisheries ("NFD"), so that NFD's ownership

interest of 34 percent remains unchanged.

The total consideration paid for the shares purchased under the buy-back

programme, including the shares that will be proposed redeemed from NFD, will

not exceed NOK 4,433 million.

During week 50 of 2025, DNB purchased 759,653 own shares at an average price of

NOK 272.2434 per share. Following this, DNB has purchased a total of 5,701,444

own shares under the current buy-back programme, corresponding to 0.38 percent

of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy

-back programme:

+------------------------+---------+--------+-----------------------------+

|Date: |Number of|Average |Total transaction value (NOK)|

| | shares | price | |

| | | (NOK) | |

+------------------------+---------+--------+-----------------------------+

|08.12.2025 | 150,000 |269.8303| 40,474,545 |

+------------------------+---------+--------+-----------------------------+

|09.12.2025 | 170,000 |272.3981| 46,307,677 |

+------------------------+---------+--------+-----------------------------+

|10.12.2025 | 144,485 |271.7294| 39,260,822 |

+------------------------+---------+--------+-----------------------------+

|11.12.2025 | 150,000 |272.8605| 40,929,075 |

+------------------------+---------+--------+-----------------------------+

|12.12.2025 | 145,168 |274.4296| 39,838,396 |

+------------------------+---------+--------+-----------------------------+

|Previously announced buy|4,941,791|264.0200| 1,304,731,878 |

|-backs under the | | | |

|programme | | | |

+------------------------+---------+--------+-----------------------------+

|Total buy-backs made |5,701,444|265.1157| 1,511,542,393 |

|under the programme | | | |

+------------------------+---------+--------+-----------------------------+

Please see the stock exchange announcement published on 22 October 2025, which

is available at newsweb.oslobors.no, for more information about the buy-back

programme.

For further information, please contact Rune Helland, Head of Investor

Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure

requirements pursuant to the Market Abuse Regulation and section 5-12 of the

Norwegian Securities Trading Act.

An overview of all buy-backs made this week is enclosed with this announcement

and available at newsweb.oslobors.no.