Stock and press releases

In the second quarter of 2020, the DNB Group will recognise a negative effect of NOK 19 million from basis swaps connected to funding. Furthermore, a negative effect of NOK 1 343 million from the Additional Tier 1 capital will also be recognised.

The Annual General Meeting of DNB ASA was held on 30 June 2020. At the Annual General Meeting, Svein Richard Brandtzæg and Jens Petter Olsen were elected as new board members with a term of office of up to two years. Olaug Svarva was re-elected as Chair of the Board and Jaan Ivar Semlitsch was re-elected as a board member, both with a term of office of up to two years.

The Board of Directors of DNB ASA now has the following members:

Olaug Svarva (Chair of the Board) - 2022
Svein Richard Brandtzæg (Vice Chair of the Board) - 2022
Jens Petter Olsen - 2022
Jaan Ivar Semlitsch - 2022
Gro Bakstad - 2021

Lillian Hattrem (employee representative) - 2022
Stian Tegler Samuelsen (employee representative) - 2022

Ann-Mari Sæterlid (deputy employee representative) - 2022
Sigmund Hollerud (deputy employee representative) - 2022

The Annual General Meeting of DNB Bank ASA was also held on 30 June 2020. At the Annual General Meeting, Julie Galbo was elected as a new board member with a term of office of up to two years. Olaug Svarva was re-elected as Chair of the Board and Kim Wahl was re-elected as Vice Chair of the Board, both with a term of office of up to two years.

The Board of Directors of DNB Bank ASA now has the following members:

Olaug Svarva - 2022
Kim Wahl - 2022
Julie Galbo - 2022

Eli Solhaug (employee representative) - 2022
Jannicke Skaanes (employee-elected observer) - 2022      

Tore Müller Andresen (deputy employee representative) - 2022
Roy Olsen-Nauen (deputy employee-elected observer) - 2022

Company information

The information is subject to the disclosure requirements set out in section 5-12 of the Norwegian Securities Trading Act. This email was sent by DNB. 

Visit our website dnb.no for more information.

Contact information

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:
Thomas Midteide, Group Executive Vice President, Communications, tel.: (+47) 96 23 20 17

DNB's Annual General Meeting was held on 30 June 2020. The Annual General Meeting was held digitally as a result of the measures introduced due to the COVID-19 outbreak.

All items on the agenda were adopted as proposed, cf. the notice published on 8 June 2020, including the following:

The Annual General Meeting gave the Board of Directors authorisation to raise subordinated loans and other debt capital, cf. section 11-2 of the Financial Institutions Act, for a total value of up to NOK 20 billion, or the equivalent in foreign currency. 

The minutes from the Annual General Meeting are attached.

Company information

The information is subject to the disclosure requirements set out in section 5-12 of the Norwegian Securities Trading Act. This email was sent by DNB.

Visit our website dnb.no for more information.

Contact information

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:
Thomas Midteide, Group Executive Vice President, Communications, tel.: (+47) 96 23 20 17

DNB will publish its results for the second quarter of 2020 on Monday 13 July at 7.30 am CET.

9:30 am CET: Presentation
CEO Kjerstin Braathen and CFO Ottar Ertzeid present the results at a live streamed press conference. A broadcast will be available on the Investor Relations pages at ir.dnb.no.

1:30 pm CET: Conference call for analysts and investors
Call in details:
From Norway: +47 21 56 33 19
From other countries: +44 (0) 20 3003 2701
Conference ID: 9352011#                     

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

Shareholders in DNB ASA are invited to attend the Annual General Meeting (AGM) to be held on Tuesday 30 June 2020 at 15:00. Due to the corona situation, the Annual General Meeting will be held digitally, using electronic voting.

Agenda: approval of the 2019 annual accounts and directors' report, reduction in capital as a result of the repurchase of shares, election of members of the Board of Directors and the Election Committee as well as the approval of remuneration rates for members of these bodies.

The notice of the Annual General Meeting is attached.Company information
This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act. 

This email was sent to you by DNB. Visit our website dnb.no (https://www.dnb.no/en/about-us/annual-general-meeting.html?la=EN&site=DNB_NO) for more information.

Contact information
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: Thomas Midteide, Group Executive Vice President, Communications, tel.: (+47) 96 23 20 17

Shareholders in DNB ASA are invited to attend the Annual General Meeting (AGM) to be held on Tuesday 30 June 2020 at 15:00. Due to the corona situation, the Annual General Meeting will be held digitally, using electronic voting.

Agenda: approval of the 2019 annual accounts and directors' report, reduction in capital as a result of the repurchase of shares, election of members of the Board of Directors and the Election Committee as well as the approval of remuneration rates for members of these bodies.

The notice of the Annual General Meeting is attached.

Company information

This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act. This email was sent to you by DNB. 

Visit our website dnb.no for more information.

Contact information

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:
Thomas Midteide, Group Executive Vice President, Communications, tel.: (+47) 96 23 20 17