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Regulatory press release

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

Morrow Bank
Following the exercise of share options by option holders under Morrow Bank
ASA's ("the Company") share option program, the Company's board of directors
has, based on the authorization granted by the annual general meeting on 10
April 2025, resolved to increase the Company's share capital by a total of NOK
265,279, by the issuance of in aggregate 265,279 shares.

Following registration of the share capital increase pertaining to the issuance
of new shares, the share capital will be NOK 231,156,736, divided into NOK
231,156,736 shares, each with a par value of NOK 1.00.

All the exercised options have been granted in accordance with the Company's
share option program described in the Company's latest annual financial
statements.

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

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