The merger of SpareBank 1 Østlandet and Totens Sparebank has now also been
approved by the General Meeting of Totens Sparebank.

Reference is made to the stock exchange notice earlier this evening that the
Supervisory Board of SpareBank 1 Østlandet has approved the merger with Totens
Sparebank. SpareBank 1 Østlandet has just been informed that the General Meeting
of Totens Sparebank has made a corresponding decision.
 
The implementation of the merger is still conditional upon the necessary
approvals from relevant supervisory authorities without imposing conditions that
significantly alter the assumptions that the banks have made under the merger
plan. 

The aim is to complete the merger on 1 October 2024.

Contact Information:

Totens Sparebank:
Chair of the board: Geir Stenseth: tel. + 47 930 39 707
CEO: Rolf Endre Delingsrud, tel. + 47 917 28 668
Deputy CEO: Stig Håvard Blikseth, tel. + 47 958 64 601
CFO: Johan Øverseth Røstøen, tel. + 47 916 07 741

SpareBank 1 Østlandet:
Chair of the board: Siri J. Strømmevold, tel. + 47 414 44 712
CEO: Richard Heiberg, tel. + 47 902 06 018
CFO: Geir-Egil Bolstad, tel. + 47 918 82 071
Head of Investor Relations: Bjørn-Erik R. Orskaug, tel. + 47 922 39 185

The above information is subject to the requirements of announcement pursuant to
the Securities Trading Act section 5-12.

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© Oslo Bors ASA, source Oslo Stock Exchange