SpareBank 1 SMN

Interest Rate Update/Notice • Sep 18, 2025

SpareBank 1 SMN to lower interest rates

SpareBank 1 SMN to lower interest rates

SpareBank 1 SMN is to lower its mortgage and deposit rates deposits by up to 0.25 percentage points for new and existing customers.

“A further cut in interest rates is good news for all those who have needed to make tough priorities in their personal finances. We urge people to devote their increased leeway to pay off costly debt, and to set aside funds to steady saving. Recent years have shown the importance of maintaining a small buffer for harder times”, says Monica Haftorn Iversen, executive director of Retail Banking at SpareBank 1 SMN.

Customers affected by the rate change will shortly receive information on what it means for their mortgages and deposits. For existing borrowers, the rate change will become effective on 24 November 2025, for new loans on 22 September 2025.

Trondheim, 18 September 2025

Investors and analysts can contact:

CFO Trond Søraas on +47 922 36 803

The media can contact:

Executive director, Retail Banking, Monica Haftorn Iversen on +47 992 27 539

Executive director Rolf Jarle Brøske on +47 911 12 475

The above information is disclosable pursuant to the Norwegian Securities Trading Act, Section 5-12