Tysnes foundation secures significant stake in Haugesund Sparebank after merger

Sparebankstiftinga Tysnes, a foundation currently being established, will be allocated 1,298,092 equity certificates in Haugesund Sparebank. This allocation is a direct result of the merger between Haugesund Sparebank and Tysnes Sparebank, officially registered on September 2, 2025. The foundation's holding will represent 24.71% of Haugesund Sparebank's total equity capital.

The establishment of Sparebankstiftinga Tysnes is ongoing, with registration anticipated in both the Register of Business Enterprises and the Register of Foundations. The merger was previously communicated through various stock exchange announcements.

Each equity certificate grants its holder one vote in the election of members and alternate members to Haugesund Sparebank's general assembly, providing the new foundation with significant voting power in the bank's governance.