Slides
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Quarterly Report 3Q 2025 Tromsø, October 28th 2025 Hanne Karoline Kræmer, CEO Bengt Olsen, CFO
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Financial highlights year-to-date
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Northern Norway
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Northern Norway Norway 2023 2021 2022 2020 2019 2024 2025
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Commercial real estate
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Fisheries
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Fish farming
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Construction
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Retail sales
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Tourism
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Power sector
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For Northern Norway
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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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Net Interest Income (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: 7-10 % Corporate market: 2-5 % The Group is well capitalized. 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 16.47 % | 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 14.45 % | 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* 30.09.2025 30.09.2024 *) Incl. parent bank, SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt
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LTV Mortgage Loans 30.09.2025 30.09.2024
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Diversified Portfolio in Commercial Real Estate
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Loan Losses G ’ bond companies Commitments in step 3: 1.57 % of total exposure. Expected loss share: 19.11 % Commitments in step 2: 12.72 % of total exposure. Expected loss share: 2.06 % Commitments in step 1: 85.71 % of total exposure. Expected loss share: 0.12 %
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The Lending Portfolio* *) Incl. SpareBank 1 Boligkreditt
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Funding SP Tier 2 SNP NOK 25,313 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 50,059 mill had been transferred as of 30.09.2025 Amount of gross maturities of capital market funding next 12 months is NOK 5,650 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 • Independent within each region. • Decisions are made close to the customers, and the banks both develop and are an integral part of their local communities • Operate exclusively in Norway • Shared business platform and development • Product companies jointly owned • Market leaders in their core regional markets • Marketshare 30-50 per cent
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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