Oslofjord Sparebank, Sparebanken Norge merger gets final approval

The boards of Oslofjord Sparebank and Sparebanken Norge formally approved the banks' merger on November 14, 2025, following the fulfillment of all conditions. The merger is scheduled for completion on December 1, 2025, with Sparebanken Norge serving as the acquiring bank.

In conjunction with the merger, Sparebanken Norge's equity capital will increase by NOK 91,773,425 through the issuance of 3,670,937 new equity certificates. These new certificates, each with a par value of NOK 25 and an issue price of NOK 112.22, will be issued to Sparebankstiftelsen Oslofjord, a new foundation established by Oslofjord Sparebank's board.

Post-merger, the combined bank's equity capital will stand at NOK 4,332,185,925, with 173,287,437 equity certificates outstanding. Each certificate will retain a par value of NOK 25 and represent one vote. The ticker for the merged entity will be SBNOR, with an unchanged ISIN of NO0006000900.