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SpareBank 1 SMN

Earnings Release • Jul 11, 2024

3751_rns_2024-07-11_1b1c9829-f31e-4f1c-81ec-643785b3c56c.html

Earnings Release

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Fremtind Forsikring - Result 2nd quarter 2024 and Year-to-Date

SpareBank 1 SMN holds an ownership stake of 19.5% in SpareBank 1 Gruppen AS. Fremtind is 65% owned by SpareBank 1 Gruppen AS as of June 30, 2024. Fremtind's profit before tax as of June 30, 2024, was NOK 728 million (NOK 346 million), and NOK 593 million (NOK 280 million) after tax. For the second quarter alone, Fremtind's profit was NOK 495 million (NOK -19 million) before tax and NOK 388 million (NOK 7 million) after tax.

SpareBank 1 SMN's share of Fremtind's profit before tax as of June 30 was NOK 92 million (NOK 44 million).

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