Due to increased key policy rate from Norges Bank and increased money market
rates, Sparebanken Vest today has decided to make an adjustment in its lending
and deposit rates of up to 0.25 percentage points.

For existing retail customers with ordinary loan and deposit products, the
interest rate change will come into effect from 11 May 2022. All retail
customers affected will receive a letter or information in the online bank about
how the interest rate change affects their loans or deposits.

Bergen, 28 March 2022.

For further information, please contact:
Frank Johannesen, CFO, tel: +47 952 65 971
Brede Borgen Kristiansen, Director of Finance and Investor
Relations, tel: +47 479 06 402
Hanne Dankertsen, Director of Communications, tel: +47 994 49
173, e-mail: hanne.dankertsen@spv.no

This information is subject to a duty of disclosure pursuant
to the Securities Trading Act Section 5-12

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