Morrow Bank ASA

Share Issue/Capital Change • Jan 9, 2026

Morrow Bank AB: First day of trading on Nasdaq Stockholm 9 January 2026

Morrow Bank AB: First day of trading on Nasdaq Stockholm 9 January 2026

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR

INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, BELARUS, CANADA, HONG

KONG, JAPAN, NEW ZEALAND, RUSSIA, SWITZERLAND, SINGAPORE, SOUTH AFRICA, SOUTH

KOREA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR

PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES

BEYOND WHAT IS REQUIRED UNDER SWEDISH LAW.

As previously announced, on 2 January 2026, Morrow Bank AB (publ) (the

"Company") completed a cross-border merger with Morrow Bank ASA in connection

with the relisting on Nasdaq Stockholm. Upon completion of the merger, all

Morrow Bank ASA shareholders had their shares in the Company exchanged

one-for-one with shares in Morrow Bank AB (publ), and Morrow Bank ASA was

delisted from Oslo Børs. Today, 9 January 2026, is the first day of trading in

the shares of Morrow Bank AB (publ) on Nasdaq Stockholm.

In connection with the listing on Nasdaq Stockholm certain board members and

members of the management team (PDMRs), and persons closely associated with

such persons, will report that they, as a result of the merger and as a part

of the listing process, have received shares in the Company.

For further information regarding the Relisting, please go to Morrow Bank AB's

website: https://ir.morrowbank.com/merger-information

IMPORTANT INFORMATION

The publication, release or distribution of this press release may be

restricted in certain jurisdictions. Recipients of this press release in the

jurisdictions in which this press release has been published, released or

distributed should inform themselves about and observe such restrictions. This

press release does not constitute an offer, or a solicitation of any offer, to

buy or subscribe for any securities in the Company in any jurisdiction.

This press release does not identify or attempt to identify any risks (direct

or indirect) that may be associated with an investment in securities of the

Company. The information contained in this press release is published for

background purposes only and does not purport to be complete.

This press release does not constitute an offer or invitation to purchase or

subscribe for securities in the United States. The securities referred to

herein may not be sold in the United States absent registration or an

applicable exemption from registration under the U.S. Securities Act of 1933,

as amended. The information contained in this press release may not be

announced, published, copied, reproduced or distributed, directly or

indirectly, in whole or in part, in or into the United States, Australia,

Belarus, Canada, Hong Kong, Japan, New Zealand, Russia, Singapore, South

Africa, South Korea, Switzerland or any other jurisdiction where such

announcement, publication or distribution of this information would be

contrary to applicable laws and regulations.

This press release is not a prospectus as defined in Regulation (EU) 2017/1129

(the "Prospectus Regulation") and has not been approved by any regulatory

authority in any jurisdiction. The Company has not authorized any offer of

securities to the public in any member state of the European Economic Area

("EEA").

This press release contains certain forward-looking statements that reflect

the Company's current views with respect to future events and financial and

operational performance. Words such as "intends", "expects", "anticipates",

"may", "plans", "believes", "estimates" and other expressions that are

indicative or predictive of future developments or trends, and that are not

based on historical facts, constitute forward-looking statements. By its

nature, forward-looking information involves known and unknown risks and

uncertainties because it is dependent on future events and circumstances.

Forward-looking statements are not guarantees of future performance or

development and actual results may differ materially from those expressed in

the forward-looking statements.

Contacts

Eirik Holtedahl, CFO

Tel: +47 96 91 22 91

Email: ir@morrowbank.com

About Morrow Bank

Morrow Bank is a Nordic consumer finance bank offering digital and flexible

financing solutions to creditworthy individuals in Norway, Sweden and Finland.

The bank offers consumer loans, flexible credit products, credit cards and

high-yield deposit accounts, supported by a modern and scalable banking

platform.