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Regulatory press release

Kraft Bank ASA - Successful placement of new T2 bond issue

Kraft Bank
Kraft Bank ASA has successfully issued a new dated subordinated Tier 2 bond of
NOK 40 million pricing at 3m NIBOR + 675bps.

Settlement date for the new issue is 2 December 2022.

The new bond issue will be applied for listing at Nordic ABM.

Pareto Securities acted as arranger for the bond loan.

Sandnes, 23 November 2022.

For further information, please contact:
CFO, Ole Jacob Olsnes, mob. +47 930 54 192

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