SpareBank 1 Gruppen's consolidated net profit after tax for the 4th quarter and the year 2023 wereNOK 60 (518) million andNOK 246 (1,428) million, respectively. The majority's share of the consolidated net profit after tax for the 4th quarter and the year 2023 wereNOK -260 (467) million andNOK -174 (1,020) million, respectively.SpareBank 1 Nord-Norge holds an ownership stake of 19.5 % inSpareBank 1 Gruppen AS .SpareBank 1 Nord-Norge's share of SpareBank 1 Gruppen's net profit after tax for the 4th quarter wasNOK -51 (128) million.SpareBank 1 Nord-Norge's share of net profit for the year 2023 wasNOK -41 (175) million. Fremtind, owned 65% bySpareBank 1 Gruppen AS , reported a pre-tax profit ofNOK 794 (205) million in the 4th quarter andNOK 1,160 (1,570) million for the year 2023.SpareBank 1 Gruppen AS has conducted a valuation of the jointly controlled company, Kredinor AS. The updated valuation results in an impairment of the ownership stake and has a negative impact on SpareBank 1 Gruppen's parent and consolidated net profit ofNOK 769 million in the 4th quarter of 2023 and for the year 2023. Figures in parentheses indicate the amounts for the corresponding period in 2022, restated for IFRS 17. This information is subject to disclosure requirements pursuant to the Securities Trading Act §5-12. Tromsø,31 January, 2024 For further information, please contact:Bengt Olsen , CFO, tel. (+47) 975 89 560
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