On22 January 2020 , a board meeting and an extraordinary shareholder's meeting were held inSantander Consumer Bank AS (the "Company"). The Extraordinary Shareholder's Meeting of the Company has adopted, in accordance with the proposal of the board of directors, to increase the share capital byNOK 965,241,842 fromNOK 9,652,418,420 toNOK 10,617,660,262 by increase of the nominal value of each share of the Company fromNOK 10 toNOK 11 . Only the sole shareholder per today,Santander Consumer Finance S.A. has the right to participate in the capital increase. It shall be paidNOK 2.072019584 per share, thus the aggregate capital contribution isNOK 2,000,000,000 , of whichNOK 1,034,758,158 is share premium. The subscription amount shall be settled by cash payment to the Company's bank account within three months. Once the subscription amount has been settled, the capital increase will be registered with theNorwegian Register ofBusiness Enterprises (Nw.: Foretaksregisteret). The background for the increase in share capital is increased capital requirements and the planned acquisition ofForso Nordic AB . This information is subject to disclosure underOslo Stock Exchange's ABM rules. Contact person,Santander Consumer Bank AS :Anders Bruun-Olsen , CFO Phone: +47 95 76 83 28
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