On 14 February 2019, the respective boards of Monobank and BRAbank have unanimously approved and decided upon a final merger plan in line with the terms previously announced (the "Merger Plan"). The Merger Plan is now to be registered and announced in the Norwegian Register of Business Enterprises. Furthermore, the Merger Plan is subject to approval by the annual general meetings of each of Monobank and BRAbank expected to be held on 20 March 2019. Based on recommendation from the nomination committee, the board of directors has proposed that the annual general meeting appoints the following board of directors until completion of the Merger: Jan Greve-Isdahl (Chairman), Mette Henriksen, Tore Hopen, Thorhild Eide Torgersen and Guro Henriksen Røberg.