As previously announced, on 2 January 2026, Morrow Bank AB (publ) (the “Company”) completed a cross-border merger with Morrow Bank ASA in connection with the relisting on Nasdaq Stockholm. Upon completion of the merger, all Morrow Bank ASA shareholders had their shares in the Company exchanged one-for-one with shares in Morrow Bank AB (publ), and Morrow Bank ASA was delisted from Oslo Børs. Today, 9 January 2026, is the first day of trading in the shares of Morrow Bank AB (publ) on Nasdaq Stockholm.

In connection with the listing on Nasdaq Stockholm certain board members and members of the management team (PDMRs), and persons closely associated with such persons, will report that they, as a result of the merger and as a part of the listing process, have received shares in the Company.

For further information regarding the Relisting, please go to Morrow Bank AB’s website: https://ir.morrowbank.com/merger-information

IMPORTANT INFORMATION
The publication, release or distribution of this press release may be restricted in certain jurisdictions. Recipients of this press release in the jurisdictions in which this press release has been published, released or distributed should inform themselves about and observe such restrictions. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in the Company in any jurisdiction.

This press release does not identify or attempt to identify any risks (direct or indirect) that may be associated with an investment in securities of the Company. The information contained in this press release is published for background purposes only and does not purport to be complete.

This press release does not constitute an offer or invitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an applicable exemption from registration under the U.S. Securities Act of 1933, as amended. The information contained in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, in or into the United States, Australia, Belarus, Canada, Hong Kong, Japan, New Zealand, Russia, Singapore, South Africa, South Korea, Switzerland or any other jurisdiction where such announcement, publication or distribution of this information would be contrary to applicable laws and regulations.

This press release is not a prospectus as defined in Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and has not been approved by any regulatory authority in any jurisdiction. The Company has not authorized any offer of securities to the public in any member state of the European Economic Area (“EEA”).

This press release contains certain forward-looking statements that reflect the Company’s current views with respect to future events and financial and operational performance. Words such as “intends”, “expects”, “anticipates”, “may”, “plans”, “believes”, “estimates” and other expressions that are indicative or predictive of future developments or trends, and that are not based on historical facts, constitute forward-looking statements. By its nature, forward-looking information involves known and unknown risks and uncertainties because it is dependent on future events and circumstances. Forward-looking statements are not guarantees of future performance or development and actual results may differ materially from those expressed in the forward-looking statements.