Benedicte Schilbred Fasmer has resigned as CEO ofSpareBank 1 SR-Bank ASA to become the CEO ofTelenor ASA startingDecember 1st . The board ofSpareBank 1 SR-Bank ASA has begun the process of finding her replacement, and she will continue in his position as CEO for the time being. Fasmer has been the CEO ofSpareBank 1 SR-Bank sinceJanuary 1, 2021 . During her years at the company, she has helped to strengthen the company's position in the market through strong results, significant growth, and new initiatives inSouth Norway . "Benedicte has done an outstanding job as the CEO ofSpareBank 1 SR-Bank , and I would like to thank her for her efforts, commitment, and the results she has achieved in the company. The board has initiated the process to find her successor, and Benedicte will continue in his position as CEO for the time being," saysDag Mejdell , the chairman of the board atSpareBank 1 SR-Bank ASA . "For the board, it is important that SpareBank 1 SR-Bank Auto continues its positive development, both in daily operations and in the work with the merger with SpareBank 1 Sørøst-Norge. Therefore, the board will take the necessary time before a new CEO is in place," adds Mejdell.SpareBank 1 SR-Bank has a clear position, with a presence in Vestland, Rogaland, Agder, and theOslo area. InOctober 2023 , the company announced plans for a merger with SpareBank 1 Sørøst-Norge. This is scheduled to be completed onOctober 1, 2024 , provided that the companies receive the necessary regulatory approvals. "SpareBank 1 SR-Bank has built a very strong market position and has made significant progress in the merger process with SpareBank 1 Sørøst-Norge. I will do my utmost to ensure that this continues on the same positive track, together with CEO Per Halvorsen of SpareBank 1 Sørøst-Norge and the rest of the teams in both companies. I am completely confident that the organization and management atSpareBank 1 SR-Bank will handle the work going forward in a good manner. The business will continue to be the country's finest and most forward-thinking, even without me as CEO," says Benedicte Schilbred Fasmer. For more information, contact:Dag Mejdell , Chairman, tel. 905 62 970Inge Reinertsen , CFO, tel. 909 95 033 Øyvind Knoph Askeland, Communications Director, tel. 922 32 639 Stavanger,May 23, 2024 This information, which contains inside information as defined in Article 7 of the EU Market Abuse Regulation, was published by Øyvind Knoph Askeland, Communications Director, at the time and date specified above. The information is subject to disclosure under the Securities Trading Act § 5-12.
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