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Regulatory press release

Sparebanken Vest: Successful issuance of Additional Tier 1 bond

Sparebanken Norge
Sparebanken Vest (issuer rating Aa3 by Moody's) has today issued a new
Additional Tier 1 bond of NOK 300 million with ISIN NO0013483461. The coupon is
3 months Nibor + 2.25 percentage points p.a. Settlement date is 21st February
2025.

The Additional Tier 1 bond has a first call option for the issuer on 21st May
2030, subject to approval from the Financial Supervisory Authority of Norway, if
required. The new issue has been approved by the bank's General Meeting. The
bond issue will be applied for listing on Nordic ABM.

DNB Markets, Nordea and Norne acted as Joint Lead Managers.

Bergen, 14th February 2025.

Contact persons Sparebanken Vest:
John Hopp, Head of Treasury, tel: +47 450 81 776
Thomas Colliander, Finance Manager Treasury, tel: +47 990 28 618
Stig Henrik Wickmann, Finance Manager Treasury, tel: +47 934 46 775

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