Reference is made to stock exchange notice dated 9 November 2022 stating that
the Supervisory Board in SpareBank 1 SMN and the General Meeting in SpareBank 1
Søre Sunnmøre have approved the merger of the two banks.

The Norwegian Competition Authority has on 21 December 2022 cleared the
transaction.

The merger is contemplated to be finalised on 2 May 2023. 

Contact persons: 

SpareBank 1 SMN
For investors: CFO Trond Søraas, tel. +47 922 36 803
For media: Executive director Rolf Jarle Brøske, tel. +47 911 12 475

SpareBank 1 Søre Sunnmøre
Chairman, Kjell Arvid Storeide, tel. +47 915 70 925
CEO, Stig Olav Brautaset, tel. +47 908 26 448

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

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© Oslo Bors ASA, source Oslo Stock Exchange