The Supervisory Board has in its meeting on March 14, 2023, made the following
decisions:

Approval of the 2023 Annual Accounts:
o The presented Sustainability Report for 2023 is approved
o The presented Annual Accounts and Annual Report for the bank and the group for
2023 are established as the bank and the group's annual accounts for 2023.
o Cash dividend for 2023 is set at NOK 7.00 per equity certificate, totaling NOK
703,786,112.
o The bank allocates NOK 705,351,853 to the equalization fund (parent bank).
o The bank allocates NOK 813,145,967 to dividends to the bank's community-owned
capital.
o The bank allocates NOK 825,899,772 million to the Savings Bank's fund (parent
bank).
o Dividends are paid to equity certificate owners who are registered owners as
of 14.03.24. The bank's equity certificates are noted ex-dividend 15.03.24.
o The dividend for 2023 is paid out on April 4, 2024.

Audit fee 2023:
o The Council of Representatives sets the external auditor's fee at NOK
2,548,000 excl. VAT for the audit of SpareBank 1 Nord-Norge in 2023.

Purchase and mortgage of the bank's equity certificates:
o The board is authorized, in one or more rounds, to buy and establish a
mortgage in own equity certificates within the limits set by law and regulation.
o The total holding of equity certificates that the bank owns and/or has a
contractual mortgage in cannot exceed 5% of the bank's equity capital.
o The minimum amount that can be paid for the equity certificates is NOK 12.50
and the highest is NOK 200. The framework also applies to contractual mortgage
so that the claim the mortgage is to secure must lie within these monetary
limits.
o The purchase of equity certificates shall take place through purchases in the
securities market via Oslo Stock Exchange and disposal shall take place through
the same market, possibly as a directed sale towards employees and elected
representatives within the laws and regulations that apply.
o Pledges will take place through an agreement with customers in connection with
lending and any realization of the mortgage in the securities market via Oslo
Stock Exchange.
o The authorization is valid for 14 months until May 14, 2025, or as long as the
Financial Supervisory Authority approves.
o The authorization can be delegated.

Authorization for the issuance and repurchase of subordinated loans and bond
obligations:
o Authorization to issue bond obligations: The Council of Representatives gives
the board authorization to raise and repurchase responsible capital in the form
of bond obligations, and negotiate conditions thereto, in Norwegian kroner or
equivalent in another currency, within a framework of NOK 2,000 million. The
authorization is valid for a period of one (1) year from the Council of
Representatives' decision to grant the authorization. The authorization can
further be delegated.
o Authorization to raise subordinated loans: The Council of Representatives
gives the board authorization to raise and repurchase responsible loan capital
and negotiate conditions thereto in Norwegian kroner or equivalent in another
currency, within a framework of NOK 3,000 million. The authorization is valid
for a period of one (1) year from the Council of Representatives' decision to
grant the authorization. The authorization can further be delegated.
o Authorization to issue subordinated debt instruments: The Council of
Representatives gives the board authorization to raise and repurchase
convertible debt in the form of subordinated debt instruments (SNP), and
negotiate conditions thereto, in Norwegian kroner or equivalent in another
currency, within a framework of NOK 12,000 million. The authorization is valid
for a period of one (1) year from the Council of Representatives' decision to
grant the authorization. The authorization can further be delegated.

Report on remuneration to senior executives:
o The report on remuneration of senior executives was approved.

Changes to the Articles of Association:
o The Council of Representatives adopted the following changes to the articles
of association:
- § 3-2 Composition of the Council of Representatives: The Council of
Representatives decided to revert to the wording from 2020.
- § 3-3 Election to the Council of Representatives: The Council of
Representatives adopted the new proposal
- § 3-4 Equity certificate holders' election to the Council of Representatives:
The Council of Representatives adopted the new proposal
- § 3-5 Depositors' election to the Council of Representatives: The Council of
Representatives adopted the new proposal
- § 3-6 Employees' election of members to the Council of Representatives: The
Council of Representatives adopted the new proposal
- § 3-7 County Council Elections to the Representative Assembly: The
Representative Assembly approved the new proposal.
- § 4-1 Board: The Representative Assembly approved the new proposal

Election of representatives  - the outcome of the elections was as follows:
o Council of Representatives:
- Leader Roar Dons was re-elected for the period 2024/2025
o Council of Representatives' nomination committee:
- Leader Kjell Olav Pettersen was re-elected for the period 2024/2025
- Member Gro-Marith Karlsen was re-elected for the period 2024
- Member Beate Bø Nilsen was re-elected for the period 2024/2025
- Member Dag Inge Lund was re-elected for the period 2024/2025
- Deputy Rita Myrvang was re-elected for the period 2024/2025
- Deputy Christian Torset was elected for the period 2024/2025
- Deputy Sissel Ditlefsen was elected for the period 2024/2025
- Deputy Ove Eivind Hagen was re-elected for the period 2024
o Board:
- Chairman Eirik Frantzen was re-elected for the period 2024
- Member Semming Semmingsen was re-elected for the period 2024
- Member Kathrine Tveiterås was re-elected for the period 2024/2025
- Member Sigurd Carlsen was re-elected for the period 2024/2025
- Member Rolf Eigil Bygdnes was elected for the period 2024/2025
		
Fees and remuneration to trustees:
o The Nomination Committee's recommendation regarding fee rates dated January
17, 2024, is adopted as fee rates and remunerations for SpareBank 1 Nord-Norge's
trustees, effective from January 1, 2024.

Establishment of a charitable foundation, for long-term investment in the North
Norwegian business sector:
o The Council of Representatives in SpareBank 1 Nord-Norge gives the board of
SpareBank 1 Nord-Norge the authority to make all decisions around and establish
an investment fund in accordance with what this case with attachments describes.

This information is subject of the disclosure requirements acc. to § 5-12 vphl
(Norwegian Securities Trading Act).

For further information, please contact:
Noelle Klykken, Administrative Secretary, nk@snn.no, (+47) 916 30 377