Morrow Bank ASA

Capital/Financing Update • Jan 2, 2026

Morrow Bank ASA: Morrow Bank ASA has completed its planned cross-border merger

As announced on 29 April 2025, the Board of Directors of Morrow Bank ASA has resolved on a cross-border merger plan to facilitate a planned relisting of its shares on Nasdaq Stockholm (the "Relisting"). Morrow Bank ASA's General Assembly approved the merger plan on 4 June 2025 as previously announced.

Morrow Bank ASA has now completed its planned cross-border merger with Morrow Bank AB. Consequently, the last day of trading and listing of the Morrow Bank ASA shares on Oslo Børs was 30 December 2025.

Upon completion of the merger, all Morrow Bank shareholders had their shares in Morrow Bank ASA exchanged one-for-one with shares in Morrow Bank AB, and Morrow Bank ASA is delisted from Oslo Børs. The shares in Morrow Bank AB are expected to start trading on Nasdaq Stockholm on 9 January 2026.

With effect from today, 2 January 2026, Morrow Bank AB will assume the position as debtor under the following bonds previously issued by Morrow Bank ASA:

ISIN: NO0013567990, Ticker: MOBA01 PRO, Name: Morrow Bank ASA 25/PERP FRN C HYBRID

ISIN: NO0013333401, Ticker: MOBA02 PRO, Name: Morrow Bank ASA 24/34 FRN C SUB

ISIN: NO0012909235, Ticker: KOMP06 PRO, Name: Morrow Bank ASA 23/33 FRN C SUB

ISIN: NO0010941131, Ticker: KOMP05 PRO, Name: Komplett Bank ASA 21/31 FRN C SUB.

For further information regarding the Relisting, please go to Morrow Bank's website: https://ir.morrowbank.com/merger-information

Contact information:

Eirik Holtedahl, CFO Tel: +47 96 91 22 91

Email: ir@morrowbank.com

This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12. The information was submitted for publication at 2026-01-02 10:30 CET.