Sparebanken Norge and Oslofjord Sparebank merger approved

Oslofjord Sparebank and Sparebanken Norge have announced the final decision to complete their merger, effective December 1, 2025. All preceding conditions for the merger have been satisfied, culminating in today's board decisions. Sparebanken Norge will be the acquiring bank in this transaction.

In conjunction with the merger, Sparebanken Norge will increase its equity certificate capital by NOK 91,773,425 through the issuance of 3,670,937 new equity capital certificates. These certificates, each with a nominal value of NOK 25, will be issued at a subscription price of NOK 112.22 per certificate. This price reflects the last estimated book value as of the third quarter 2025. All new equity capital certificates will be allocated to Sparebankstiftelsen Oslofjord.

Post-merger, the combined entity will have a share capital of NOK 4,332,185,925, comprising 173,287,437 equity certificates, each holding one vote. The ticker for the merged bank will be SBNOR, retaining its existing ISIN NO0006000900.