Instabank — Share Issue/Capital Change 2023

May 4, 2023

Instabank ASA - Subscriptions by primary insiders and close associates

Instabank ASA - Subscriptions by primary insiders and close associates

Oslo, 4 May 2023: Reference is made to the stock exchange announcement by Instabank ASA (the "Company") published on 4 May 2023, regarding the successful private placement of new shares in the Company (the "Private Placement"). Certain of the Company's primary insiders and their close associates have subscribed for and been allocated new shares in the Private Placement as further described in the attached forms.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act