Group CEO Hanne Karoline Kræmer is very pleased with the figures presented. 
 
- We continue to grow, especially in the retail market, where annualized growth
in Q3 is a full 12.1 percent. In the corporate market, growth is somewhat lower,
but an annualized growth rate of 3.6 percent is solid, in a market characterized
by significant differences between industries. The traditional northern
Norwegian industries such as fishing and seafood continue to perform strongly,
both in terms of volume and revenue, despite lower quotas. Tourism is also doing
very well, and in retail, the indicators are now pointing in the right
direction. This tells me that the period of high prices is likely over. That
people's purchasing power is increasing is a guarantee for continued momentum in
the economy of Northern Norway. 
 
The group has low losses, and the cost ratio is at 31.1 percent. Well below the
target of 40 percent. 
 
- Simplification and removal of unnecessary tasks have become a mantra at the
Group. We have good cost control but are still pursuing improvements. Full
effect of the measures will come in 2027. Low losses are also due to favorable
macroeconomic conditions. There are few bankruptcies, and jobs for everyone who
wants one, says Kræmer. 
 
Return on equity in the third quarter is 19.3 percent. Kræmer explains the
figure: 
- We have strong capital discipline, and with a core capital ratio of 16.2
percent, we still have room to grow. When our results are as strong as they are
now, it gives a return on equity in Q3 of 19.3 percent. I'm very satisfied with
that. 
 
SpareBank 1 Nord-Norge aims to pay out a minimum of 50 percent of its profit as
dividends to its owners.  
 
Key figures Q325: 
o Results: 3 296 MNOK. (3 441) 
o ROE: 18,9 % (22,9 %) 
o C/I: 31,5 % (28,5 %) 
o Losses and ECL: 23 MNOK. (86) 
o CET-1: 16,2 % (16,6 %) 
(Corresponding figures for 2024 in brackets) 
 
Contacts: 
o CEO Hanne Karoline Kræmer, +47 414 70 483 
o CFO Bengt Olsen, + 47 975 89 560 
o CSO Stein Vidar Loftås, +47 951 26 576 

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act. This stock exchange announcement was
published by Morten Tønder Albertsen, Head of Communications at SpareBank 1
Nord-Norge, on October 28, 2025 at 12:30 CET.