Our financial targets for 2022-2025 are the following:

  · ROE above 13% (from 12%)
  · C/I ratio below 40% (no change)
  · Dividend payout ratio above 50% (no change)
  · CET1 ratio above 17.0%. The FSA's expectation including pre-pandemic counter
-cyclical buffer requirements with effects from 1Q23. (from ~17.7%)

Please find the CMD presentation attached. The event will be streamed live from
12:00 GMT / 13:00 CET at ir.dnb.no.

For further information, please contact:

Rune Helland, Head of Investor Relations, tel.: (+47) 97 71 32 50

Thomas Midteide, Group Executive Vice President of Communications &
Sustainability, tel.: (+47) 96 23 20 17

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

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