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SpareBank 1 SMN

Capital/Financing Update Sep 23, 2024

3751_rns_2024-09-23_a2bb8052-fa1e-4399-97fa-909282ae13db.html

Capital/Financing Update

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SpareBank 1 SMN: Contemplated issuance of additional Tier 1 capital

SpareBank 1 SMN: Contemplated issuance of additional Tier 1 capital

SpareBank 1 SMN (Issuer rating Aa3 with stable outlook by Moody's) has mandated DNB Markets and SpareBank 1 Markets for a potential issuance of perpetual Additional Tier 1 bonds of minimum NOK 250 million, subject to market conditions. The bonds will have fixed and / or floating rate and a first call option for the issuer after minimum 5 years.

The new issue is approved by the bank's Supervisory Board.

Trondheim, 23 September 2024

Contact person at SpareBank 1 SMN:

Head of Treasury Unni Larsen, +47 993 63 369

Deputy Head of treasury Per Egil Aamo, telephone +47 73 58 64 66

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

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