SpareBank 1 SMN

Interest Rate Update/Notice • Jun 19, 2025

SpareBank 1 SMN lowers the interest rates

SpareBank 1 SMN lowers the interest rates

SpareBank 1 SMN is lowering the interest rates on loans and deposits by up to 0.25 percentage points for new and existing customers.

"Most people in Mid Norway have managed well, but some have felt the challenges of high costs. The announced interest rate reduction will help many to have a more comfortable personal economy and make it easier for young people to enter the housing market," says Monica Haftorn Iversen, Executive Vice President for the Retail Market at SpareBank 1 SMN.

Customers affected by the interest rate change will receive information in the coming days about how this will affect their loans and deposits. For existing customers, the interest rate change will take effect from August 25, 2025.

Trondheim, June 19, 2025.

Contact information Investors and analysts:

Chief Financial Officer Trond Søraas, phone +47 922 36 803

Contact information Media:

Executive Vice President for the Retail Market Monica Haftorn Iversen, phone +47 992 27 539

Executive Vice President Rolf Jarle Brøske, phone +47 911 12 475

This information is mandatory pursuant to the Securities Trading Act §5-12.