The Annual General Meeting of DNB Bank ASA was held on 29 April 2025. The Annual General Meeting re-elected Gro Bakstad and Petter-Børre Furberg as board members and Jens Petter Olsen as vice chair of the board, and elected Berit Behring and Vivian Lund as new board members. All were elected for a period of up to two years, until 2027.

The Board of Directors of DNB Bank ASA will have the following composition:

For further information, please contact:

Investor contact
Rune Helland, Head of Investor Relations, tel. (+47) 232 68 400/(+47) 977 13 250 

Media contact
Even Westerveld, Group Executive Vice President, People & Communication, tel. (+47) 400 16 744

The information is subject to the disclosure requirements set out in section 5-12 of the Norwegian Securities Trading Act. 

The Annual General Meeting of DNB Bank ASA was held on 29 April 2025. All items on the agenda, as specified in the notice published on 4 April 2025, were approved.

Reference is made to the attached minutes for further details. 

For further information, please contact:

Investor contact
Rune Helland, Head of Investor Relations, tel. (+47) 232 68 400 / (+47) 977 13 250 

Media contact
Even Westerveld, Group Executive Vice President, People & Communication, tel. (+47) 400 16 744

The information is subject to the disclosure requirements set out in section 5-12 of the Norwegian Securities Trading Act. 

DNB will publish its results for the first quarter of 2025 on Wednesday, 7 May 2025 at 7:30 CET.

9:30 CET: Presentation

CEO Kjerstin Braathen and CFO Ida Lerner present the results at a live streamed presentation. It will be possible to ask questions online and a broadcast will be available on the Investor Relations pages at ir.dnb.no. It will also be possible to physically attend the presentation at DNB's head office in Bjørvika, Dronning Eufemias gate 30. Please register your attendance in Oslo, at [email protected]. For media, please register at [email protected].

13:30 CET: Conference call for analysts and investors

Call in details: Norway +47 21 56 33 18, UK-Wide +44 (0) 33 0551 0200, US +1 786 697 3501. Password: DNB Q1. Please join the call early to allow the operator to transfer you into the call by the scheduled start time.

The conference call (listen-only mode) and a recording of this will be available on the Investor Relations pages at ir.dnb.no.

For further information, please contact:

Investor contact: Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

Media contact: Liselotte Lunde, Executive Vice President of Communications, tel: (+47) 95 94 92 35

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

Shareholders in DNB Bank ASA are invited to attend the Annual General Meeting to be held on Tuesday 29 April 2025 at 15:00. The Annual General Meeting will be held at DNB’s premises in Oslo, with the possibility of digital participation for those who wish. 

The notice and a guidance for digital attendance are enclosed. The remainder of the documents are available on www.dnb.no/en/agm.

For further information, please contact:
Investor contact: Rune Helland, Head of Investor Relations, tel. (+47) 232 68 400 / (+47) 977 13 250 

Media contact: Even Westerveld, Group Executive Vice President, People & Communication, tel. (+47) 400 16 744

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

Please see attached select financial figures for Carnegie for Q4 2024 and FY 2024. Since the acquisition of Carnegie was completed on March 6th, Carnegie’s financial figures will be consolidated into DNB’s per Q1 2025 reporting. 

For Excel file, please visit: www.ir.dnb.no/press-and-reports/ir-updates.

For further information, please contact Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50. 

In the first quarter of 2025, the DNB Group will recognise a positive mark-to-market effect of NOK 209 million from basis swaps connected to funding. Furthermore, a negative effect of NOK 459 million from the USD and SEK Additional Tier 1 capital will also be recognised. The effects will appear under Net gains on financial instruments at fair value in our financial statement. 
 
For further information, please contact: Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

Please see attached select financial figures for Carnegie for Q4 2024 and FY 2024. Since the acquisition of Carnegie was completed on March 6th, Carnegie’s financial figures will be consolidated into DNB’s per Q1 2025 reporting. 

For further information, please contact Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50.

The DNB Group's Annual Report, including Sustainability report and Pillar 3 report for 2024, are published today on DNB's website ir.dnb.no. 

For further information: 

Investor contacts: 
Rune Helland, Head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977 13 250 
Thor Tellefsen, Head of Long-Term Funding, tel. (+47) 915 44 385 

Media contact: 
Liselotte Lunde, Executive Vice President of Communications, tel: (+47) 959 49 235

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

DNB Bank ASA (“DNB”) refers to the stock exchange notice published 21 October 2024, where it was announced that DNB has entered into an agreement to purchase all the shares in Carnegie Holding AB – the parent company in the Carnegie Group (“Carnegie”) – from the private equity fund Altor and other shareholders.

Completion of the transaction requires approvals from authorities in several jurisdictions. It has now been clarified that the transaction will be completed, since all the necessary approvals have been obtained. Completion is expected to occur 6 March 2025.
                
DNB shall pay a total consideration of SEK 12 billion. In addition, the purchase price will be adjusted for Carnegie’s capital surplus at the time of the transaction, calculated on the basis of Carnegie’s normalized common equity tier 1 ratio at the time of the completion of the transaction. Furthermore, the shares of the minority shareholders in the subsidiaries of Carnegie Holding AB will be acquired as part of the transaction, for a total consideration of approximately SEK 300 million. 

For the time being, DNB and Carnegie will continue to operate as is. Following completion of the acquisition, there will be a gradual legal and operational integration of the business, including the implementation of the new brand, DNB Carnegie.

For further information, please contact Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50.