Steinar Heggland Vigsnes (42) will lead a new division for finance and
accounting, and will be part of the bank's group management. Since 2014, he has
held the position as head of the finance department at Sparebanken Sør.
Vigsnes has a master's degree in economics from University of Agder. He has
served different positions in the bank since 2009 and previously worked as an
auditor. Today he is a board member of Sparebanken Sør Boligkreditt.

- We are very pleased that Steinar has accepted the position. The appointment
strengthens us in an ever-increasing need for attention towards investors - a
job he has been an important part of for a long time. He will also be
responsible for monitoring profitability, with a special focus on return on
equity, says CEO, Geir Bergskaug.

Vigsnes will start in his new position on 1 June 2022.

Contact information:
Geir Bergskaug, CEO in Sparebanken Sør
901 27 206

This information is subject to the disclosure requirements of section 4.2.4 of
Rule Book ll for issuers on Oslo Børs, and to section 5-12 of the Norwegian
Securities Trading Act.

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