Slides
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Quarterly Report 2Q 2025 Oslo, August 7th 2025 Hanne Karoline Kræmer, CEO Bengt Olsen, CFO
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Highlights first half 2025
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Subsidiaries– Earning Before Tax
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The Leading Bank in Northern Norway – Positioning Survey Retail (Kantar) SpareBank 1 Nord-Norge DNB Nordea Other savingsbank Sbanken Danske Bank
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A growing bank! Total loans CorporateRetail * * Loans as of 30.06.2025, provide an annualized growth of 5.4%
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A Region with Strong Appeal!
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Status and Outlook in Northern Norway
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Group Financial Highlights and Key Figures
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Quarterly Development
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Earnings Before Tax - Last Quarter (Amounts in NOK million)
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Low Losses Net lossesNet losses in % of gross lending incl. interm. loans Corporate Retail (Amount in NOK million)
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Development in Net Interest Income Net interest in % of average assets NII
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Lending Growth Retail Corporate
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Retail Market Retail (excl. Com.loans Commission loans
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Corporate Banking
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Deposit Growth
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Development in Deposit Margins Retail Corporate
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Ambitions for Lending Growth and Market Share Expected lending growth for SpareBank 1 Nord-Norge in 2025 Retail market: 4-7 % Corporate market: 3-6 % The Group is well capitalized. Underlying market growth in both Retail and Corporate sector is under pressure due to high interest rates, but the region is well positioned compared to the rest of the country. The Group aims to gain market shares in 2025.
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Long Term Financial Targets > 13 % ROE < 40 % C/I ratio 15,8 % CET1 ratio > 50 % Dividend payout ratio
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Financial Outlook
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Why Invest in SpareBank 1 Nord-Norge
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Contacts Hanne Karoline Kræmer CEO +47 414 70 483 Hanne.karoline.kramer@sn n.no Bengt Olsen CFO +47 975 89 560 bengt.olsen@snn.no Terje Karlstad Investor Relations +47 411 22 220 terje.karlstad@snn.no Management Investor Relations
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A Solid Bank For Northern Norway
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Development in Lending Margins Corporate Retail
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Company Structure EiendomsMegler 1 Nord- Norge AS 85 % | Real estate brokerage SpareBank 1 Regnskaps- huset Nord-Norge AS 85 % | Accounting Rødbanken Holding AS* 100 % | Investment company SpareBank 1 Gruppen AS 19.50 % | Financial services SpareBank 1 Utvikling DA 18 % | System development SpareBank 1 Boligkreditt AS 16.59 % | Covered bond company Kredittbanken ASA 13.18 % | Credit card SpareBank 1 Bank og Regnskap AS 25 % | Innovation SpareBank 1 Næringskreditt AS 0.58 % | Covered bond company SpareBank 1 Betaling AS 17.94 % | Vipps/mobile pay SpareBank 1 Mobilitet Holding AS 30.66 % | System development *) Not consolidated SpareBank 1 Gjeldsinformasjon AS 13.83 % | Investment company SpareBank 1 Forvaltning AS 12.08 % | Investment company SpareBank 1 Finans Nord- Norge AS 85 % | Loan/consumer finance/leasing Fredrik Langes Gate 20 AS 100 % | Commercial property SpareBank 1 Nord-Norge Portefølje AS 100 % | Investment company SpareBank 1 Markets AS 18.06 % | Investment bank
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Geographical Distribution of Ownership Holders residing in Northern Norway Other Norwegian holders Foreign holders
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The 20 Largest EC Holders
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Cost Development Group operating costs Cost/income Group (Amounts in NOK million)
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Operating Expenses (Amounts in NOK million)
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Net Fee- and Other Operating Income
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Risk Exposure Low risk Medium risk High risk Non- performing /impaired 1,8%
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Changes in Exposure last 12 Months Low risk Medium risk High risk Non- performing /impaired (NOK million)
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Exposure Distributed by Size* 30.06.2025 30.06.2024 *) Incl. parent bank, SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt
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LTV Mortgage Loans 30.06.2025 30.06.2024
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Diversified Portfolio in Commercial Real Estate
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Loan Losses G ’ bond companies Commitments in step 3: 1.52 % of total exposure. Expected loss share: 19.53 % Commitments in step 2: 11.23 % of total exposure. Expected loss share: 2.42 % Commitments in step 1: 87.24 % of total exposure. Expected loss share: 0.13 %
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The Lending Portfolio* *) Incl. SpareBank 1 Boligkreditt
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Funding SP Tier 2 SNP NOK 24,565 mill in capital market funding exclusive of SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt is important funding sources. In total NOK 47,726 mill had been transferred as of 30.06.2025 Amount of gross maturities of capital market funding next 12 months is NOK 7,614 mill
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SpareBank 1 Alliance SpareBank 1 Nord-Norge (Tromsø) SpareBank 1 Østlandet (Oslo/Hamar) SpareBank 1 Sør-Norge (Stavanger) SpareBank 1 SMN (Trondheim) SpareBank 1 SamSpar SpareBank 1 Helgeland (Mo i Rana) • The SpareBank 1-alliance consists of 13 banks • Operate exclusively in Norway • ’ most extensive branch network with approx. 350 branches • The alliance is in the forefront of incorporating technological innovation into its distribution channels. Best rated mobile banking in Norway • Market leaders in their core regional markets
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SpareBank 1 Alliance SpareBank 1 SMN SpareBank 1 SR-Bank SpareBank 1 Nord-Norge Samspar SpareBank 1 Østlandet LO BN Bank Kredittbanken AS SpareBank 1 Betaling SpareBank 1 Boligkreditt SpareBank 1 Næringskreditt SpareBank 1 Gruppen Fremtind Forsikring (65%) Kredinor SpareBank 1 Forsikring SpareBank 1 Factoring SpareBank 1 Utvikling Branding, technology, purchasing, innovation SpareBank 1 Alliance companies SpareBank 1 Forvaltning SpareBank 1 Spleis SpareBank 1 Markets SpareBank 1 Mobilitet