Stock and press releases

On 9 February 2023, DNB Bank ASA ("DNB") announced that the company has decided to initiate a share buy-back programme comprising up to 0.5 percent of the company's own shares, which represents a total of 7,751,800 shares.

Up to 5,116,200 shares will be bought back on trading venues by 10 March 2023, and a proposal will be made at this year's Annual General Meeting, which will be held on 25 April 2023, to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares - up to 2,635,600 shares - from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries ("NFD"), so that NFD's ownership interest of 34 percent remains unchanged.

During week 9 of 2023, DNB purchased 1,151,660 own shares at an average price of NOK 206.8699 per share. Following this, DNB owns a total of 3,970,611 own shares, corresponding to 0.256 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy-back programme:

For more information about the buy-back programme, please see the stock exchange announcement that was published on 9 February 2023, which is available at www.newsweb.oslobors.no.

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Attachments: An overview of all completed buy-backs is enclosed with this announcement and available at www.newsweb.oslobors.no.

On 9 February 2023, DNB Bank ASA ("DNB") announced that the company has decided to initiate a share buy-back programme comprising up to 0.5 percent of the company's own shares, which represents a total of 7,751,800 shares.

Up to 5,116,200 shares will be bought back on trading venues by 10 March 2023, and a proposal will be made at this year's Annual General Meeting, which will be held on 25 April 2023, to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares - up to 2,635,600 shares - from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries ("NFD"), so that NFD's ownership interest of 34 percent remains unchanged.

During week 8 of 2023, DNB purchased 1,175,000 own shares at an average price of NOK 201.8059 per share. Following this, DNB owns a total of 2,818,951 own shares, corresponding to 0.182 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy-back programme:

For more information about the buy-back programme, please see the stock exchange announcement that was published on 9 February 2023, which is available at www.newsweb.oslobors.no.

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Attachments: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

On 9 February 2023, DNB Bank ASA ("DNB") announced that the company has decided to initiate a share buy-back programme comprising up to 0.5 percent of the company's own shares, which represents a total of 7,751,800 shares.

Up to 5,116,200 shares will be bought back on trading venues by 10 March 2023, and a proposal will be made at this year's Annual General Meeting, which will be held on 25 April 2023, to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares - up to 2,635,600 shares - from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries ("NFD"), so that NFD's ownership interest of 34 percent remains unchanged.

During week 6 and 7 of 2023, DNB purchased 1,643,951 own shares at an average price of NOK 193.7160 per share. Following this, DNB owns a total of 1,643,951 own shares, corresponding to 0.106 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy-back programme:

For more information about the buy-back programme, please see the stock exchange announcement that was published on 9 February 2023, which is available at www.newsweb.oslobors.no.

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Attachments: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

Oslo, 10 February 2023

Today, 10 February 2023, a total of 12,944 shares in DNB Bank ASA were acquired on behalf of certain of DNB's primary insiders, who are part of the Group Management team. The share purchase was executed collectively at an average price per share of NOK 190.7694.

The shares were purchased in accordance with the share programme that was approved by the Annual General Meeting on 30 June 2020. Shares that are acquired through the programme have a holding period which lasts for as long as the person holding the shares is part of the Group Management team. Upon leaving the Group Management team, the shares are released in stages over a period of three years.

A list of the primary insiders of DNB Bank ASA who have increased their shareholding is attached.

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

The Board of Directors of DNB Bank ASA plans to propose to distribute a cash dividend of NOK 12.50 per share for the accounting year of 2022. The formal decision regarding the dividend will be made on the company’s Annual General Meeting, which will be held on 25 April 2023.

Dividend amount: 12.50 per share
Declared currency: Norwegian krone (NOK)
Last day including right: 25 April 2023
Ex-date: 26 April 2023
Record date (shareholder registration date): 27 April 2023
Payment date: from 5 May 2023
Date of approval: 25 April 2023

This information is published in accordance with the requirements in Oslo Børs’ issuer rules.

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

The Board of Directors of DNB Bank ASA has decided to initiate a share buy-back programme comprising up to 0.5 percent of the company's own shares, which represents a total of 7,751,800 shares. The purpose of the buy-back programme is to optimise the company's capital structure.

The buy-back programme was adopted based on an authorisation given by DNB Bank ASA's Annual General Meeting last year, on 26 April 2022, and has been approved by the Financial Supervisory Authority of Norway.

Up to 5,116,200 shares will be bought back on trading venues, at a price of between NOK 10 and NOK 300 per share. The buy-back programme will, at the latest, end on 10 March 2023. A proposal will be made at this year's Annual General Meeting, which will be held on 25 April 2023, to cancel the shares that have been bought back.

The remaining shares under the buy-back programme - up to 2,635,600 shares - will at the same Annual General Meeting be proposed redeemed from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries ("NFD"), so that NFD's ownership interest of 34 percent remains unchanged. NFD's shares will be redeemed at a price equal to the average price of the shares bought back on trading venues, with the addition of an interest compensation.

The buy-back programme will be carried out in accordance with the Market Abuse Regulation and the regulation regarding buy-back programmes and stabilisation measures.

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.