Sparebanken Vest has today issued two new Tier 2 bonds with a combined volume of
NOK 600 million. Both loans were substantially oversubscribed.

 o FRN:   NOK 400 million, coupon 3 month NIBOR + 1.65% p.a.
 o Fixed: NOK 200 million, coupon 5.51% p.a. 

Settlement date for both tranches is May 15th 2024. 

Both issues have a first call option for the issuer on November 15th 2029,
subject to approval from the Financial Supervisory Authority of Norway, if
required. 

The new issues have been approved by the bank's General Meeting. The bond issues
will be applied for listing on Nordic ABM. 

Nordea and SEB acted as Joint Lead Managers. 

Bergen, May 7th 2024. 

Contact persons Sparebanken Vest:
John Hopp, Head of Treasury, tel: +47 450 81 776 
Thomas Colliander, Finance Manager Treasury, tel: +47 990 28 618 

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

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