Morrow Bank ASA

Share Issue/Capital Change • Nov 28, 2025

Morrow Bank ASA: Exercise of options under share option program and share capital increase

Morrow Bank ASA: Exercise of options under share option program and share capital increase

Following the exercise of share options by option holders under Morrow Bank ASA's ("the Company") share option program, the Company's board of directors has, based on the authorization granted by the annual general meeting on 10 April 2025, resolved to increase the Company's share capital by a total of NOK 106,902, by the issuance of in aggregate 106,902 shares.

Following registration of the share capital increase pertaining to the issuance of new shares, the share capital will be NOK 231,378,181, divided into NOK 231,378,181 shares, each with a par value of NOK 1.00.

All the exercised options have been granted in accordance with the Company's share option program described in the Company's latest annual financial statements.

For further information, please contact:

Eirik Holtedahl, CFO

Phone: +47 96912291

email: ir@morrowbank.com

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