Morrow Bank ASA: Exercise of options under share option program and share capital increase

Following the exercise of share options by option holders under Morrow BankASA's ("the Company") share option program, the Company's board of directorshas, based on the authorization granted by the annual general meeting on 10April 2025, resolved to increase the Company's share capital by a total of NOK114,543, by the issuance of in aggregate 114,543 shares. Following registration of the share capital increase pertaining to theissuanceof new shares, the share capital will be NOK 231,271,279, divided into NOK231,271,279 shares, each with a par value of NOK 1.00. All the exercised options have been granted in accordance with the Company'sshare option program described in the Company's latest annual financialstatements.

For further information, please contact: Eirik Holtedahl, CFOPhone: +47 96912291email: ir@morrowbank.com

This information is subject to the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.

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