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SpareBank 1 SMN

Major Shareholding Notification May 13, 2020

3751_rns_2020-05-13_9649d0e4-8b1f-4358-83a4-b9dc6d55a7e0.html

Major Shareholding Notification

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SpareBank 1 SMN: Mandatory notification of trade - SpareBank 1 SMN's savings programme allocates equity certificates

SpareBank 1 SMN: Mandatory notification of trade - SpareBank 1 SMN's savings programme allocates equity certificates

The equity certificates purchased by SpareBank 1 SMN on 8 May 2020 for use in

the group's savings programme for employees, have been distributed to the

employees at a price of NOK 76.01 per equity certificate in accordance with

their savings amount.

After allocation the bank owns 695 equity certificates.

As participants in the savings programme, the primary insiders below have been

allocated equity certificates as follows:

+---------------------+---------------------------+----------------------------+

|Name: |Allocated no. equity |New total holding of equity |

| |certificates: |certificates*: |

+---------------------+---------------------------+----------------------------+

|Cathrine Aunvik | 78| 1,679|

+---------------------+---------------------------+----------------------------+

|Rolf Jarle Brøske | 78| 7,352|

+---------------------+---------------------------+----------------------------+

|Tomm Bøyesen | 78| 6,041|

+---------------------+---------------------------+----------------------------+

|Kjell Fordal | 78| 246,701|

+---------------------+---------------------------+----------------------------+

|Vegard Helland | 78| 34,991|

+---------------------+---------------------------+----------------------------+

|Kjersti Hønstad | 78| 4,703|

+---------------------+---------------------------+----------------------------+

|Jan-Frode Janson | 78| 40,078|

+---------------------+---------------------------+----------------------------+

|Unni Larsen | 78| 1,028|

+---------------------+---------------------------+----------------------------+

|Inge Lindseth | 78| 8,702|

+---------------------+---------------------------+----------------------------+

|Oddny Lysberg | 78| 1,639|

+---------------------+---------------------------+----------------------------+

|Nelly Maske | 78| 20,972|

+---------------------+---------------------------+----------------------------+

|Ola Neråsen | 78| 42,553|

+---------------------+---------------------------+----------------------------+

|Margrethe L. Resellmo| 19| 452|

+---------------------+---------------------------+----------------------------+

|Berit Rustad | 78| 3,764|

+---------------------+---------------------------+----------------------------+

|Camilla Stang | 19| 452|

+---------------------+---------------------------+----------------------------+

|Christina Straub | 19| 706|

+---------------------+---------------------------+----------------------------+

|Hans Tronstad | 78| 1,684|

+---------------------+---------------------------+----------------------------+

*) incl. close associates

Trondheim, 13 May 2020

Contact person in SpareBank 1 SMN:

Executive Vice President, Finance, Kjell Fordal, tel. 905 41 672

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act

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