Interim report
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QUARTERLY REPORT Q3 2026 START PAGE 1 BROWSE SEARCH
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Key figures from the Group Summary of the income statement 3Q 2Q 3Q YTD YTD Year NOK millions 2026 2026 2025 2026 2025 2025 Net interest income 1 156 1 096 1 193 3 371 3 525 4 711 Net commission and other operating income 481 491 508 1 448 1 484 2 155 Net income from financial assets and liabilities 135 327 252 566 600 788 Total income 1 773 1 915 1 953 5 385 5 609 7 654 Total operating expenses 725 783 727 2 338 2 232 3 074 Operating profit before losses on loans and guarantees 1 048 1 131 1 227 3 047 3 378 4 580 Impairment losses on loans and guarantees 92 77 121 209 173 301 Pre-tax operating profit 956 1 055 1 106 2 838 3 205 4 279 Tax expense 200 202 230 429 545 730 Profit after tax 756 853 876 2 409 2 660 3 549 Interest expenses on hybrid capital 36 33 35 102 105 138 Profit after tax less interest expenses on hybrid capital 1) 720 820 841 2 307 2 555 3 411 Profitability 3Q 2Q 3Q YTD YTD Year Per cent 2026 2026 2025 2026 2025 2025 Return on equity capital 1) 11.2 % 13.3 % 13.5 % 12.2 % 14.1 % 13.9 % Cost income ratio 1) 40.9 % 40.9 % 37.2 % 43.4 % 39.8 % 40.2 % Cost income ratio less merger costs 1) 40.9 % 38.0 % 36.6 % 42.2 % 39.1 % 39.3 % Net interest income calculated as a percentage of average total assets 2.11 % 2.03 % 2.19 % 2.08 % 2.21 % 2.20 % Profit after tax calculated as a percentage of average total assets 1.38 % 1.58 % 1.61 % 1.49 % 1.67 % 1.66 % 1) See attachment in Factbook regarding Alternative performance measures. PAGE 2 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Balance sheet and ratios 3Q 2Q 3Q YTD YTD Year NOK millions/per cent 2026 2026 2025 2026 2025 2025 Gross loans to customers 166 015 164 442 160 653 166 015 160 653 160 967 Gross loans to customers including loans transferred to covered bond companies 1) 247 951 244 132 238 359 247 951 238 359 238 514 Growth in loans during the last 12 months 1) 3.3 % 3.9 % 15.9 % 3.3 % 15.9 % 1.0 % Growth in loans including loans transferred to covered bond companies in the last 12 months 1) 4.0 % 3.6 % 15.8 % 4.0 % 15.8 % 3.2 % Deposits from customers 139 742 142 838 135 683 139 742 135 683 135 234 Growth in deposits in the last 12 months 1) 3.0 % 3.2 % 18.9 % 3.0 % 18.9 % 5.4 % Deposit to loan ratio 1) 84.2 % 86.9 % 84.5 % 84.2 % 84.5 % 84.0 % Deposit to loan ratio incl. loans transferred to covered bond companies 1) 56.4 % 58.5 % 56.9 % 56.4 % 56.9 % 56.7 % Average total assets 217 906 217 088 216 024 216 520 213 568 213 801 Total assets 1) 217 171 218 640 214 134 217 171 214 134 214 731 Total assets including loans transferred to covered bond companies 1) 299 108 298 330 291 840 299 108 291 840 292 279 Losses and commitments in default 3Q 2Q 3Q YTD YTD Year Per cent 2026 2026 2025 2026 2025 2025 Impairment on loans as a percentage of gross loans 1) 0.22 % 0.19 % 0.30 % 0.17 % 0.14 % 0.19 % Gross loans to customers in stage 2, percentage of total gross loans 1) 6.93 % 7.50 % 8.73 % 6.93 % 8.73 % 8.79 % Gross loans to customers in stage 3, percentage of total gross loans 1) 2.09 % 2.02 % 1.98 % 2.09 % 1.98 % 2.07 % Staff 3Q 2Q 3Q YTD YTD Year Numbers 2026 2026 2025 2026 2025 2025 Number of full-time equivalents 1 323 1 340 1 345 1 323 1 345 1 339 1) See attachment in Factbook regarding Alternative performance measures. PAGE 3 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Solidity and liquidity 3Q 2Q 3Q Year NOK millions/per cent 2026 2026 2025 2025 CET 1 capital ratio 17.9 % 17.8 % 17.3 % 17.6 % Tier 1 capital ratio 19.7 % 19.9 % 19.1 % 19.4 % Capital adequacy ratio 22.0 % 22.2 % 21.6 % 21.9 % Total eligible capital 26 476 26 463 25 634 25 747 Equity ratio 1) 12.8 % 12.5 % 12.6 % 13.0 % Leverage Ratio 7.3 % 7.3 % 7.1 % 7.2 % MREL 2) 51.6 % 54.9 % 57.6 % 59.5 % Of which subordinated 3) 34.9 % 35.9 % 32.3 % 34.1 % Required capital MREL 2) 35.7 % 35.7 % 36.3 % 35.7 % Of which subordinated 3) 28.7 % 28.7 % 29.3 % 28.7 % LCR 4) 162.0 % 182.9 % 151.4 % 175.0 % LCR in NOK 4) 133.9 % 152.7 % 126.4 % 148.8 % LCR in EUR 4) 1 763.9 % 1 626.8 % 1 111.2 % 1 504.6 % NSFR 5) 127.0 % 134.4 % 124.8 % 123.4 % NSFR in NOK 5) 115.3 % 123.3 % 110.4 % 109.0 % NSFR in EUR 5) 4 204.8 % 1 154.9 % 804.1 % 1 186.1 % 1) See attachment in Factbook regarding Alternative performance measures. 2) MREL: Minimum requirement for own funds and eligible liabilities compared to risk-weighted exposures for the resolution entity. 3) Subordination: Minimum requirement for own funds and subordinated liabilities compared to risk-weighted exposures for the resolution entity. 4) Liquidity Coverage Ratio: Measures the size of banks' liquid assets relative to net liquidity outflow 30 days ahead of time given a stress situation. 5) Net Stable Funding Ratio: Measures the bank’s available stable funding in relation to the bank’s need for stable funding for the following year. Equity capital certificates (ECC) 1) 30 September 2026 30 September 2025 2025 2024 2023 2022 2021 2020 2019 2018 2017 ECC ratio 73.1 % 73.2 % 73.2 % 73.2 % 69.9 % 70.0 % 70.0 % 70.0 % 70.1 % 69.3 % 67.6 % Average ECC ratio 73.1 % 73.2 % 73.2 % 70.4 % 70.0 % 70.0 % 69.8 % 70.1 % 69.3 % 67.7 % 67.5 % ECC issued 135 860 724 135 860 724 135 860 724 135 860 724 115 829 789 115 829 789 115 829 789 115 829 789 115 829 789 115 319 521 107 179 987 Market price (NOK) 205.60 188.24 205.85 157.66 132.60 121.20 145.60 97.80 92.50 83.00 90.50 Market capitalisation (NOK million) 27 933 25 574 27 967 21 420 15 359 14 039 16 865 11 328 10 714 9 572 9 700 Book equity per ECC 2) 138.17 133.70 138.25 129.85 117.11 112.71 106.31 98.76 93.67 85.83 80.96 Earnings per ECC, NOK 3) 12.30 13.62 18.19 19.07 12.99 11.37 11.96 9.57 11.55 8.46 7.81 Dividend per ECC 4) 12.70 10.30 7.80 6.80 6.00 4.79 4.58 4) 4.12 3.96 Price/Earnings per ECC 2) 12.50 10.34 11.32 8.27 10.21 10.66 12.18 10.22 8.01 9.81 11.59 Price/book equity 2) 1.49 1.41 1.49 1.21 1.13 1.08 1.37 0.99 0.99 0.97 1.12 1) SpareBank 1 Østlandet was listed on the stock exchange on 13 June 2017. 2) See attachment in Factbook regarding Alternative performance measures. 3) Profit after tax and interest on hybrid capital for controlling interests * Average ECC ratio / number of ECC's. 4) The payout ratio for the dividend for 2019 was, in accordance with the Board’s revised recommendation and as communicated in a market announcement dated 19 March 2020, reduced from 50 per cent to 40 per cent. The dividend per ECC was changed from NOK 5.72 to NOK 4.58. PAGE 4 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Summary of the income statement 3Q 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q Isolated numbers, NOK millions 2026 2026 2026 2025 2025 2025 2025 2024 2024 Interest income 3 024 2 896 2 788 2 902 3 020 3 035 3 026 3 004 2 777 Interest expense 1 867 1 800 1 670 1 717 1 826 1 876 1 853 1 824 1 756 Net interest income 1 156 1 096 1 118 1 186 1 193 1 159 1 173 1 179 1 021 Commission income 476 469 458 495 504 500 434 426 422 Commission expenses 39 39 40 38 38 40 36 33 31 Other operating income 44 62 58 214 42 59 60 48 42 Net commission and other operating income 481 491 476 671 508 519 457 442 433 Dividends from shares and other equity instruments 0 8 1 9 0 49 1 14 0 Net income from associates and joint ventures 122 206 116 149 160 121 90 107 411 Net profit from other financial assets and liabilities 13 113 -14 30 91 78 9 19 118 Net profit from financial assets and liabilities 135 327 104 188 252 248 100 140 530 Total net income 1 773 1 915 1 698 2 045 1 953 1 927 1 729 1 761 1 985 Personnel expenses 412 412 494 415 404 400 395 394 343 Depreciation 41 41 41 48 39 39 40 65 30 Other operating expenses 271 330 295 380 283 346 286 305 224 Total operating expenses 725 783 829 842 727 785 720 764 596 Operating profit before losses on loans and guarantees 1 048 1 131 868 1 202 1 227 1 141 1 010 998 1 388 Impairment on loans and guarantees 92 77 41 128 121 1 51 122 106 Pre-tax operating profit 956 1 055 828 1 074 1 106 1 140 958 876 1 283 Tax expense 200 202 27 185 230 224 91 175 203 Profit after tax 756 853 800 889 876 917 867 701 1 080 Profitability 3Q 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q Per cent 2026 2026 2026 2025 2025 2025 2025 2024 2024 Return on equity capital 1) 11.2 % 13.3 % 12.4 % 13.3 % 13.5 % 14.9 % 14.1 % 11.5 % 20.4 % Net interest income 2) 2.11 % 2.03 % 2.11 % 2.19 % 2.19 % 2.17 % 2.25 % 2.31 % 2.15 % Cost income ratio 3) 40.9 % 40.9 % 48.8 % 41.2 % 37.2 % 40.8 % 41.6 % 43.4 % 30.0 % Cost income ratio less merger costs 3) 40.9 % 38.0 % 48.2 % 39.8 % 36.6 % 39.5 % 41.5 % 42.5 % 29.8 % 1) See attachment in Factbook regarding Alternative performance measures. 2) Net interest income as a percentage of average total assets for the period. 3) Total operating costs as a percentage of total operating income (isolated for the quarter). Profit/loss from the quarterly accounts Group PAGE 5 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Balance sheet and ratios 3Q 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q NOK millions/per cent 2026 2026 2026 2025 2025 2025 2025 2024 2024 Gross loans to customers 166 015 164 442 163 027 160 967 160 653 158 259 158 954 159 358 138 558 Gross loans to customers including loans transferred to covered bond companies 1) 247 951 244 132 240 694 238 514 238 359 235 725 232 498 231 168 205 820 Growth in loans during the last 12 months 1) 3.3 % 3.9 % 2.6 % 1.0 % 15.9 % 14.3 % 18.2 % 19.2 % 4.4 % Growth in loans including loans transferred to covered bond companies in the last 12 months 1) 4.0 % 3.6 % 3.5 % 3.2 % 15.8 % 15.8 % 16.6 % 16.4 % 4.6 % Growth in loans during the last quarter 1) 1.0 % 0.9 % 1.3 % 0.2 % 1.5 % -0.4 % -0.3 % 15.0 % 0.0 % Growth in loans including loans transferred to covered bond companies in the last quarter 1) 1.6 % 1.4 % 0.9 % 0.1 % 1.1 % 1.4 % 0.6 % 12.3 % 1.1 % Deposits from customers 139 742 142 838 137 185 135 234 135 683 138 413 131 267 128 270 114 161 Deposit to loan ratio 1) 84.2 % 86.9 % 84.1 % 84.0 % 84.5 % 87.5 % 82.6 % 80.5 % 82.4 % Deposit to loan ratio including loans transferred to covered bond companies 1) 56.4 % 58.5 % 57.0 % 56.7 % 56.9 % 58.7 % 56.5 % 55.5 % 55.5 % Growth in deposits in the last 12 months 3.0 % 3.2 % 4.5 % 5.4 % 18.9 % 20.0 % 21.3 % 20.4 % 9.9 % Growth in deposits in the last quarter -2.2 % 4.1 % 1.4 % -0.3 % -2.0 % 5.4 % 2.3 % 12.4 % -1.0 % Average total assets 217 906 217 088 215 134 214 433 216 024 214 785 211 112 203 464 188 925 Total assets 1) 217 171 218 640 215 536 214 731 214 134 217 913 211 657 210 567 186 033 Total assets including loans transferred to covered bond companies 1) 299 108 298 330 293 203 292 279 291 840 295 379 285 201 282 377 253 294 Losses and commitments in default 3Q 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q Per cent 2026 2026 2026 2025 2025 2025 2025 2024 2024 Losses on loans as a percentage of gross loans 1) 0.22 % 0.19 % 0.10 % 0.32 % 0.30 % 0.00 % 0.13 % 0.30 % 0.30 % Gross loans to customers in stage 2, percentage of total gross loans 1) 6.93 % 7.50 % 7.21 % 8.79 % 8.73 % 9.08 % 9.28 % 9.95 % 10.45 % Gross loans to customers in stage 3, percentage of total gross loans 1) 2.09 % 2.02 % 2.03 % 2.07 % 1.98 % 1.79 % 1.51 % 1.60 % 1.50 % Financial strength 3Q 2Q 1Q 4Q 3Q 2Q 1Q 4Q 3Q NOK milliions/per cent 2026 2026 2026 2025 2025 2025 2025 2024 2024 Common equity Tier 1 capital ratio 17.9 % 17.8 % 17.8 % 17.6 % 17.3 % 18.3 % 17.1 % 16.8 % 16.9 % Tier 1 capital ratio 19.7 % 19.9 % 19.6 % 19.4 % 19.1 % 20.2 % 19.0 % 18.5 % 18.8 % Capital ratio 22.0 % 22.2 % 22.0 % 21.9 % 21.6 % 22.7 % 21.3 % 20.7 % 21.0 % Net subordinated capital 26 476 26 463 26 055 25 747 25 634 25 547 25 151 24 521 22 077 1) See attachment in Factbook regarding Alternative performance measures. PAGE 6 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Comment from the CEO The financial services group delivered a quarter of solid performance across several areas. It is particularly encouraging to see accelerating growth in the corporate market, while we continue to achieve strong growth in the Greater Oslo region. The strong development in non-interest income continues, and underlying cost growth remains low. Return on equity was 11.2 per cent, down from the previous quarter. The development was primarily affected by weak contributions from net financial income. Impairment losses were higher than normal, while the Bank remains very well capitalised. Net interest income increased compared with the previous quarter, driven by strong lending growth and the effects of interest rate changes following Norges Bank’s adjustment of the policy rate in May. Competition remains intense in both the residential mortgage and corporate lending markets, but our growth demonstrates that we are an attractive provider and performing well in the market. We will continue to compete actively both to attract new customers and to retain our existing customer base. The macroeconomic backdrop remains challenging, and economic growth in Eastern Norway has for some time been weaker than in other parts of the country. Businesses in our region benefit less from those parts of the Norwegian economy that are performing particularly well and continue to be affected by high construction costs and elevated interest rates. At the same time, the economy remains generally sound, and unemployment continues to be low. As a regional savings bank, we are committed to staying close to our customers and providing expertise, advice and solutions when conditions are challenging. The importance of a strong and locally present bank becomes particularly evident in a period marked by economic and geopolitical uncertainty. In the retail market, we are experiencing especially strong growth in the Greater Oslo region. The area is an important part of our home market and a key strategic priority. Demographic trends and market developments make Greater Oslo an attractive market, while we already have a significant share of our operations in the region. As part of this initiative, we will open new offices in both Vika and Majorstuen before year-end. In addition, we will strengthen our presence at Grorud. These measures will represent important contributions towards achieving our ambitions in the Oslo area. For some time, we have maintained a substantial pipeline of prospective engagements in the corporate market, but many businesses have remained on the sidelines. It is therefore encouraging to see lending growth now accelerating, even at a time when many companies continue to face uncertainty and challenging operating conditions. The construction and real estate sectors in particular remain affected by high financing and construction costs, combined with persistently low activity in the new-build housing market. We continue to focus on showcasing and utilising the full breadth of products and services available through the financial services group, and the strong development in non- interest income continued in the third quarter. Within insurance, we are seeing the results of a long-term strategic commitment, strong collaboration and targeted efforts to improve portfolio quality. Activity levels are also high within savings products, and we are achieving solid growth in the number of mutual fund customers through both our advisers and our self-service solutions. Our ambition is to offer customers relevant products and services tailored to their needs, whether in banking, insurance, savings, real estate brokerage or accounting services. We have established clear targets on the cost side. Our ambition is to become more cost- efficient while creating capacity for investments that strengthen both the customer experience and our competitiveness. Underlying cost growth remains low, and we continue to target a long-term cost-to-income ratio below 40 per cent. At the same time, we are managing towards a target whereby the Group’s costs in 2027 will not exceed the 2025 level, adjusted for merger-related costs. Achieving this requires strict cost control and clear prioritisation. As part of these efforts, we are implementing organisational adjustments, limiting the use of external services and introducing various operational efficiency measures. The severance programme initiated earlier this year is expected to generate visible effects on personnel expenses during 2027. At the same time, we have launched several initiatives that will collectively establish the foundation for the future SpareBank 1 Østlandet. This autumn, we commenced a process to adapt and modernise the organisation. The objective is to create a more efficient organisation with stronger execution capabilities, simplified processes, clearer accountability and the right competencies. We are introducing a new technology operating model designed to improve prioritisation, increase delivery capacity and strengthen cost control. Together with SpareBank 1 Utvikling and Tieto Banktech, we are developing a new mortgage solution that will provide more efficient and simplified customer processes as well as more personalised advice throughout the home-buying journey. As a local savings bank, we are committed to supporting development throughout our market area. Through community contributions and sponsorship agreements, we support local initiatives, activities and meeting places across Eastern Norway. We also share our profits with those who make the Bank possible: owners, customers and local communities. This is a fundamental part of the savings bank model, and the Bank’s development is closely linked to the communities of which we are a part. Every day, our employees make an important contribution to our customers and to the continued development of the financial services group. We are undergoing changes that place significant demands on the organisation. I would therefore like to extend my sincere thanks to all employees for their commitment and dedicated efforts in helping us achieve our ambitions and remain a close, accessible and competitive savings bank. Klara-Lise Aasen PAGE 7 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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IMPORTANT EVENTS IN THE LAST QUARTER Policy Rate On 24 September, Norges Bank (the Central Bank of Norway) decided to increase the policy rate from 4.25 to 4.50 per cent. Interest Rate Changes On 28 September, SpareBank 1 Østlandet decided to increase lending and deposit rates for retail and corporate customers by up to 0.25 percentage points. The new interest rate terms became effective from 30 November for new loans, as well as existing lending and deposits for retail customers. For existing lending and deposits for corporate customers, the rate changes became effective from 13 October. Agreement for the Sale of Kredinor AS On 7 October 2026, SpareBank 1 Gruppen AS and Kredinorstiftelsen entered into a definitive agreement for the sale of Kredinor AS to a consortium led by Searchlight Capital Partners, in partnership with Fitzroy Capital. Completion of the transaction is subject to the required regulatory approvals and other customary closing conditions and is expected to take place in January 2027. Until completion of the transaction, Kredinor AS will continue to operate under its current ownership. New Executive Vice Presidents in SpareBank 1 Østlandet On 1 November 2026, Johan Øverseth Røstøen transitioned from the position of Executive Vice President Operations to Executive Vice President corporate market at SpareBank 1 Østlandet. At the same time, Sigrid Evenstad Moe assumed the role of Executive Vice President Operations. Highlights from the Group 3Q 2Q 3Q YTD YTD NOK millions/per cent 2026 2026 2025 2026 2025 Net interest income 1 156 1 096 1 193 3 371 3 525 Net commissions and other operating income 481 491 508 1 448 1 484 Net income from financial assets and liabilities 135 327 252 566 600 Operating expenses 725 783 727 2 338 2 232 Impairment losses on loans and guarantees 92 77 121 209 173 Tax expense 200 202 230 429 545 Profit after tax 756 853 876 2 409 2 660 Return on equity 11.2 % 13.3 % 13.5 % 12.2 % 14.1 % Earnings per equity capital certificate (NOK) 3.85 4.38 4.48 12.30 13.62 Growth in loans in the last quarter/last 12 months, including mortgages transferred to the covered bond companies 1.6 % 1.4 % 1.1 % 4.0 % 15.8 % Deposit growth in the last quarter/last 12 months -2.2 % 4.1 % -2.0 % 3.0 % 18.9 % CET1 capital ratio 17.9 % 17.8 % 17.3 % 17.9 % 17.3 % Report of the Board of Directors PAGE 8 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Q325 Q425 Q126 Q226 Q326 876 889 800 853 756 Profit after tax NOK million CONSOLIDATED FINANCIAL STATEMENTS FOR THE THIRD QUARTER OF 2026 Group figures are presented unless otherwise stated. Figures in brackets refer to the corresponding period last year. Consolidated Profit The SpareBank 1 Østlandet Group reported a consolidated profit after tax of NOK 756 (876) million in the third quarter, compared with NOK 853 million in the previous quarter. Return on equity was 11.2 (13.5) per cent, compared with 13.3 per cent in the previous quarter. The lower profit compared with the previous quarter was primarily driven by reduced profit contributions from financial assets and liabilities. Net interest income increased, while operating expenses showed a significant reduction compared with the previous quarter. Profit was also lower than in the corresponding quarter last year, mainly due to a reduced profit contribution from financial assets and liabilities, in addition to lower net interest income and lower net commission income. Reduced impairment losses contributed in the opposite direction. Net interest income Net interest income amounted to NOK 1 156 (1 193) million in the third quarter, compared with NOK 1 096 million in the previous quarter. Net interest income should be viewed in conjunction with commission income from loans and credit facilities transferred to partly owned covered bond companies, totalling NOK 54 (118) million, compared with NOK 63 million in the previous quarter. Combined net interest income and commission income from covered bond companies amounted to NOK 1 211 (1 311) million, compared with NOK 1 159 million in the previous quarter. 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 Interest income 3 024 2 896 3 020 8 708 9 081 Interest expense 1 867 1 800 1 826 5 337 5 555 Net interest income 1 156 1 096 1 193 3 371 3 525 Commission income from mortgages transferred to covered bond companies 54 63 118 211 337 Combined net interest income and commission income from the covered bond companies 1 211 1 159 1 311 3 582 3 863 The increase in combined net interest income and commission income from covered bond companies compared with the previous quarter was mainly due to improved lending and deposit margins during the quarter. Growth in lending volumes also contributed positively to net interest income, while a reduction in deposit volumes had the opposite effect. One additional interest-accruing day in the third quarter compared with the second quarter also had a positive effect of approximately NOK 13 million. Net interest income as a percentage of average total assets was 2.11 (2.19) per cent, compared with 2.03 per cent in the previous quarter. Compared with the corresponding period last year, the decline in combined net interest income and commission income from covered bond companies was mainly attributable to lower lending margins and a higher contribution to the deposit guarantee fund. Higher lending and deposit volumes, together with improved deposit margins, helped mitigate the decline. For further details, see Note 3 “Segment information” and Note 5 “Net interest income”. Q325 Q425 Q126 Q226 Q326 1 193 1 186 1 118 1 096 1 156 118 110 94 63 54 Net interest income Commission fees from covered bond companies Total 2.19% 2.19% 2.11% 2.03% 2.11% Net interest income in percent of average total assets 1 311 1 296 1 212 1 159 1 211 Net interest income including commission fees from covered bond companies and net interest income in percent of average total assets NOK million PAGE 9 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Net commissions and other operating income Net commission and other income amounted to NOK 481 (508) million in the third quarter, compared with NOK 491 million in the previous quarter. 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 Net money transfer fees 108 88 99 266 241 Commissions from insurance 107 104 94 318 268 Commissions from savings 14 13 10 39 35 Commissions from covered bonds comp. 54 63 118 211 347 Commission from credit cards 18 20 15 54 34 Real estate brokerage commissions 118 122 114 343 350 Accounting services 33 54 35 139 141 Other operating income 28 26 24 78 69 Net commissions and other operating income 481 491 508 1 448 1 484 The decline in net commission and other income compared with the corresponding period last year was mainly due to lower commission income from covered bond companies. Higher commission income from insurance, payment services, mutual funds, real estate brokerage and credit cards contributed positively. For more detailed information, see Note 3 “Segment information” and Note 6 “Net commission and other income”. Net income from financial assets and liabilities Net result from financial assets and liabilities amounted to NOK 135 (252) million in the third quarter, compared with NOK 327 million in the previous quarter. 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 Dividends from shares and other equity instruments 0 8 0 10 50 Net income from subsidiaries, associates and joint ventures 122 206 160 444 371 Net profit from other financial assets and liabilities 13 113 91 112 178 Net profit from financial assets and liabilities 135 327 252 566 600 Dividends from shares and other equity instruments amounted to NOK 0 (0) million. Net result from associates and joint ventures amounted to NOK 122 (160) million, compared with NOK 206 million in the previous quarter. 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 SpareBank 1 Gruppen AS 1) 91 111 87 262 198 SpareBank 1 Boligkreditt AS 11 49 41 91 82 SpareBank 1 Næringskreditt AS 1 1 1 4 6 Kredittbanken ASA 1 6 3 11 5 SpareBank 1 Betaling AS 0 14 2 15 -5 SpareBank 1 Forvaltning Holding AS 1) 4 5 5 13 13 SpareBank 1 Gjeldsinformasjon AS 0 0 0 0 0 SpareBank 1 Bank og Regnskap AS 1 0 1 1 6 BN Bank ASA 15 20 20 50 65 SpareBank 1 Utvikling DA -3 0 0 -3 0 Gains or losses on realisation of associates and joint ventures 0 0 0 0 0 Impairment on associates and joint ventures 0 0 0 0 0 Net income from associates and joint ventures 122 206 160 444 371 1) Consolidated figures The reduction of NOK 84 million from the previous quarter was primarily attributable to lower profit contributions from SpareBank 1 Gruppen AS, SpareBank 1 Boligkreditt AS and SpareBank 1 Betaling AS. See the discussion of these companies under subsidiaries and jointly owned companies later in the report. Net result from other financial assets and liabilities was NOK 13 (91) million. Fair value adjustments of interest-bearing securities in the liquidity portfolio reduced profit by NOK 33 million, compared with a positive contribution of NOK 23 million in the corresponding period last year. Changes in value relating to fixed-rate loans to customers and associated interest rate hedges contributed positively by NOK 21 (60) million, while foreign exchange trading and currency hedging generated a positive result of NOK 16 (16) million. Fair value adjustments of debt securities and associated hedging instruments contributed positively by NOK 8 (10) million, while equity instruments contributed NOK 2 (-17) million. For more detailed information, see Note 7 “Net profit from financial assets and liabilities”. Operating expenses Total operating expenses amounted to NOK 725 (727) million in the third quarter, compared with NOK 783 million in the previous quarter. 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 Personnel expenses 410 412 404 1 235 1 199 Severance programme 2 0 0 82 0 Depreciation and amortisation 41 41 39 123 118 ICT expenses 134 134 126 404 419 Marketing expenses 24 25 24 79 81 Operating expenses from real estate 17 22 38 66 84 Merger costs 1 56 11 67 38 Other expenses 96 94 83 282 293 Total operating expenses 725 783 727 2 338 2 232 The reduction in operating expenses of NOK 58 million compared with the previous quarter was primarily due to NOK 56 million in merger-related expenses recognised in the second quarter in connection with the implementation of the technical merger. Lower property-related expenses also contributed positively. The Bank has previously indicated that costs related to the Toten merger would amount to NOK 150 million during the period 2025–26. By comparison, merger- related expenses recognised through the third quarter (in the parent bank) totalled NOK 125 million. The Group has set a target that costs in 2027 shall not exceed costs in 2025, adjusted for merger-related expenses. As part of this effort, the Bank has decided to reduce the number of FTEs by 70 between year-end 2025 and 2027. As of 30 September 2026, the Group had 1 323 FTEs, compared with 1 339 FTEs as of 31 December 2025. The reduction of 16 FTEs reflects a decrease of 19 FTEs in the parent bank and a net increase of 3 FTEs elsewhere in the Group, primarily due to an increase at EiendomsMegler 1 Østlandet AS and a reduction at SpareBank 1 Østlandet Forretningspartner AS. The voluntary severance programme implemented during the first half of the year is expected to result in approximately 40 additional fewer FTEs in the parent bank during the fourth quarter of 2026. For more detailed information please see Note 8 “Operating expenses” and Note 3 “Segment information”. PAGE 10 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Impairment losses on loans and guarantees In the third quarter, the Group recorded impairment losses on loans and guarantees of NOK 92 (121) million, compared with NOK 77 million in the previous quarter. 3Q 2Q 3Q YTD YTD Isolated loss effects, NOK millions 2026 2026 2025 2026 2025 Change ECL due to growth and migration 0 -18 -35 -38 -54 Change ECL due to adjusted key assumptions (PD / LGD) and model changes -7 20 0 50 -40 Change ECL due to changed scenario weighting 0 0 0 0 0 Change in model-based loss provisions -7 2 -35 12 -94 Change individual loss provisions 75 12 134 90 2 Net write-offs 24 63 21 108 265 Total losses 92 77 121 209 173 Model-generated loss allowances (Stage 1 and Stage 2) decreased by NOK 7 million due to revised key assumptions and modelling parameters. Individual loss allowances (Stage 3) increased by NOK 75 million, while net write-offs for the period amounted to NOK 24 million. For more detailed information about provisions for credit losses, see Note 2 “Accounting principles”, Note 9 “Provisions for credit losses”, Note 11 “Loans to and receivables from customers”, and Note 12 “Accumulated provisions for expected credit losses”. Credit risk The Group’s recognised loss allowances for loans and commitments amounted to NOK 1 258 (1 118) million as of 30 September, compared with NOK 1 198 million in the previous quarter. Balance sheet values in NOK million / per cent of gross lending 30. Sep. 2026 30. Jun. 2026 30. Sep. 2025 Gross loans in stage 1 141 885 139 258 132 697 Gross loans in stage 2 11 499 12 341 14 022 Gross loans in stage 3 3 475 3 326 3 174 Loan and advances to customers at fair value 9 155 9 515 10 761 Total gross loans 166 015 164 441 160 653 Provisions for credit losses in stage 1 217 216 166 Provisions for credit losses in stage 2 250 258 286 Provisions for credit losses in stage 3 791 724 666 Total provisions for credit losses 1 258 1 198 1 118 Loan loss impairment ratio for stage 1 0.15 % 0.15 % 0.12 % Loan loss impairment ratio for stage 2 2.17 % 2.09 % 2.04 % Loan loss impairment ratio for stage 3 22.76 % 21.77 % 20.99 % Total loan loss impairment ratio in per cent of gross loans 0.76 % 0.73 % 0.70 % The Group’s loans and commitments are divided into three stages: stage 1, stage 2 and stage 3. Stage 1 is used for loans and commitments that have not had a significant increase in credit risk since initial recognition. For these loans and commitments, 12-month expected losses are provided for. Stage 2 is used for loans and commitments that have had a significant increase in credit risk since origination, but where no credit loss has occurred as of the balance sheet date. For these loans and commitments, lifetime expected losses are provided for. Stage 3 is used for loans and commitments that have had a significant increase in credit risk since origination and where, as of the balance sheet date, there is considered to be a default or an objective event that results in reduced future cash flows to service the exposure. For these exposures, lifetime expected losses are provided for. The Bank’s credit risk is influenced by macroeconomic conditions. Growth in the Norwegian economy slowed in 2026 following an improvement in 2025. Economic developments in Eastern Norway were for a prolonged period weaker than in other parts of the country, partly reflecting the industrial composition of the region, but have broadly developed in line with the rest of Norway over the past year. Persistently high inflation and the continued high policy rate set by Norges Bank (the Central Bank of Norway) suggest that the improvement in economic conditions is likely to slow going forward. The Bank continuously assesses how these conditions affect its customers and the level of provisions required under IFRS 9. Measured by the Bank’s internal credit models, credit risk remained stable during the third quarter in both the corporate market and the retail market. Payment defaults and individual loss allowances in the retail market were stable compared with the previous quarter and remained at low levels. In the corporate market, payment defaults were stable, while individual loss allowances increased somewhat from the previous quarter. However, the level remains relatively high compared with historical levels in the portfolio. At the end of the third quarter, the Bank’s measured credit risk was largely within the risk appetite established by the Board of Directors. The Board considers the Group’s overall credit risk to be low to moderate. For more detailed information, see Note 2 “Accounting principles”, Note 9 “Provisions for credit losses”, Note 11 “Loans to and receivables from customers”, and Note 12 “Accumulated provisions for expected credit losses”. Q325 Q425 Q126 Q226 Q326 82.6% 82.6% 84.6% 84.7% 85.5% Stage 1 8.7% 8.8% 7.2% 7.5% 6.9% 2.0% 2.1% 2.0% 2.0% 2.1% Stage 2 Stage 3 Exposure by stages (per cent of gross loans) Stated excluding loans transferred to covered bond companies. Residual up to 100 per cent is due to loans at fair value over profit. 1) 1) PAGE 11 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Lending to customers Gross lending to customers, including mortgages transferred to the covered bond companies, amounted to NOK 248.0 (238.4) billion as of 30 September. Mortgages transferred to SpareBank 1 Boligkreditt AS amounted to NOK 81.3 (77.0) billion, while loans transferred to SpareBank 1 Næringskreditt AS amounted to NOK 0.7 (0.7) billion. Lending growth during the quarter, including mortgages transferred to the covered bond companies, amounted to NOK 3.8 (2.6) billion, corresponding to 1.6 (1.1) per cent. Growth consisted of NOK 2.5 billion, or 1.4 per cent, in the retail market and NOK 1.3 billion, or 1.9 per cent, in the corporate market. Lending growth over the last twelve months, including mortgages transferred to the covered bond companies, amounted to NOK 9.6 (32.5) billion, corresponding to 4.0 (15.8) per cent. Growth consisted of NOK 7.9 (25.7) billion, or 4.6 (17.6) per cent, in the retail market and NOK 1.7 (6.8) billion, or 2.6 (11.5) per cent, in the corporate market. Of the SpareBank 1 Østlandet Group’s total lending, including mortgages transferred to the covered bond companies, 72.5 (72.1) per cent consisted of lending to the retail market, which primarily comprises residential mortgages. Deposits from customers As of 30 September, deposits from customers amounted to NOK 139.7 (135.7) billion. During the quarter, deposits decreased by NOK -3.1 (-2.7) billion, corresponding to -2.2 (-2.0) per cent. The decline consisted of NOK -1.5 billion, or -1.8 per cent, in the retail market and NOK -1.6 billion, or -2.6 per cent, in the corporate market. Deposit growth over the last 12 months amounted to NOK 4.1 (21.5) billion, corresponding to 3.0 (18.9) per cent. Growth consisted of NOK 3.8 (12.5) billion, or 5.0 (19.6) per cent, in the retail market and NOK 0.2 (9.0) billion, or 0.4 (17.9) per cent, in the corporate market. The Group’s deposit-to-loan ratio was 84.2 (84.5) per cent. Including mortgages transferred to the covered bond companies, the Group’s deposit-to-loan ratio was 56.4 (56.9) per cent. Liquidity Borrowings from credit institutions and debt securities issued (senior debt, senior subordinated debt, subordinated loan capital and Additional Tier 1 capital instruments) totalled NOK 44.1 (47.7) billion, of which 42 (42) per cent was denominated in euro. The average maturity of the Group’s long-term funding was 3.4 (3.1) years, while the average maturity of total funding was 2.7 (3.0) years. The LCR (Liquidity Coverage Ratio) was 162.0 (151.4) per cent as of 30 September. The Board considers the Group’s liquidity position to be sound. Equity capital certificates As of 30 September, the equity capital consisted of 135 860 724 (135 860 724) equity capital certificates, and the book value per equity capital certificate was NOK 138.17 (133.70). Earnings per equity capital certificate amounted to NOK 3.85 (4.48) in the third quarter. As of 30 September, the market price of the Bank’s equity capital certificate (ticker “SPOL”) was NOK 205.60 (188.24). Q325 Q425 Q126 Q226 Q326 172 172 174 177 180 66 66 66 67 68 Corporate customers incl. cov. bond companies Retail customers incl. covered bond companies Gross loans to customers NOK billion 238 239 241 244 248 Q325 Q425 Q126 Q226 Q326 76 77 77 82 80 59 59 60 61 60 Corporate customers Retail customers Deposits from customers NOK billion 136 135 137 143 140 PAGE 12 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Financial strength and capital adequacy The Group’s equity amounted to NOK 27.9 (27.0) billion as of 30 September and represented 12.8 (12.6) per cent of total assets. The leverage ratio was 7.3 (7.1) per cent. The Group’s CET1 capital ratio was 17.9 (17.3) per cent as of 30 September. The Tier 1 capital ratio and total capital adequacy ratio were 19.7 (19.1) per cent and 22.0 (21.6) per cent, respectively. The Bank has approval to use the Internal Ratings-Based (IRB) approach to determine capital requirements for the majority of its lending portfolio. Accordingly, the Bank determines its own risk weights and regulatory expected losses for these exposures. In addition to the ordinary subsidiaries consolidated in the Bank’s financial statements, the following companies are also proportionally consolidated in the capital adequacy Group: • SpareBank 1 Boligkreditt AS • SpareBank 1 Næringskreditt AS • SpareBank 1 Kredittbanken ASA • BN Bank ASA The current CET1 capital requirement consists of a minimum requirement of 4.5 per cent and combined buffer requirements of 9.5 per cent for both the parent bank and the Group. Within the combined buffer requirement, the institution-specific countercyclical capital buffer and systemic risk buffer are calculated at 2.5 per cent and 4.5 per cent, respectively, for the Group. As of 30 September, SpareBank 1 Østlandet was also subject to a Pillar 2 requirement of 1.6 per cent on a consolidated basis, of which 0.9 per cent must be met with CET1 capital. Consequently, the Group’s total CET1 capital requirement was 14.9 per cent. The Norwegian Financial Supervisory Authority also expects the Group to maintain a management buffer of at least 1.0 per cent, to be met with CET1 capital. The Board considers the Bank’s financial position to be strong. Rating On 10 September 2026, Moody’s Investors Service (Moody’s) confirmed the Aa3 rating of SpareBank 1 Østlandet’s deposits and senior debt. Furthermore, the Bank’s Baseline Credit Assessment (BCA) and adjusted BCA were confirmed at a3, while its senior subordinated debt rating was confirmed at A3. The outlook remains stable. As a result, SpareBank 1 Østlandet continues to be one of the Norwegian savings banks with the highest credit rating from Moody’s. SUBSIDIARIES, ASSOCIATED COMPANIES AND JOINT VENTURES 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 Parent Bank's profit after tax 591 1 026 662 2 535 2 517 Elimination of dividends from subsidiaries/ associates 0 -430 -15 -738 -446 Elimination of gains from realisation of subs./ associat. 0 0 0 0 0 Profit from subsidiaries SpareBank 1 Finans Østlandet AS 39 41 62 149 178 EiendomsMegler 1 Østlandet AS 10 8 9 21 25 SpareBank 1 ForretningsPartner Østlandet AS -6 4 -4 -1 5 Other subsidiaries 2 -1 6 2 21 Share of profit from associates/joint ventures SpareBank 1 Gruppen AS 1) 91 111 87 262 198 SpareBank 1 Boligkreditt AS 11 49 41 91 82 SpareBank 1 Næringskreditt AS 1 1 1 4 6 Kredittbanken ASA 1 6 3 11 5 SpareBank 1 Betaling AS 0 14 2 15 -5 SpareBank 1 Forvaltning Holding AS 1) 4 5 5 13 13 BN Bank ASA 15 20 20 50 65 Other associates/joint ventures -2 0 1 -2 6 Other group items -1 -1 -4 -2 -10 Consolidated profit after tax 756 853 876 2 409 2 660 1) Consolidated figures CET 1 capital ratio 17.3 17.6 17.8 17.8 17.9 15.9 Q325 Q425 Q126 Q226 Q326 CET 1 requirement Q326 14.9 1.0 Per cent Requirements CET 1 capital ratio Management buffer The Group's Common Equity Tier 1 Capital Requirements Per 30 september 2026 1.0% 0.9% 2.5% 4.5% 4.5% 2.5% Management buffer Systemic Risk Buffer Capital Conservation Buffer Pillar 2 Requirement Common Equity Tier 1 Countercyclical Capital Buffer PAGE 13 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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SpareBank 1 Finans Østlandet AS 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 Net interest income 109 106 108 333 320 Net commission and other op. income 15 17 14 46 40 Total operating expenses 38 37 32 113 105 Losses on loans and guarantees 34 31 8 67 18 Pre-tax operating profit 52 55 83 198 237 Tax expense 13 14 21 50 59 Profit after tax 39 41 62 149 178 The finance company SpareBank 1 Finans Østlandet AS (85.10 per cent ownership interest) reported a profit after tax of NOK 39 (62) million in the third quarter, compared with NOK 41 million in the previous quarter. The decline in profit compared with the same quarter last year was mainly attributable to increased loss allowances related to one large individual exposure. Underlying operations remained solid, with higher net interest income and increased net commission and other income. Gross lending to customers amounted to NOK 13.4 (12.8) billion as of 30 September 2026, and lending growth over the last twelve months was 4.7 (-0.5) per cent. EiendomsMegler 1 Østlandet AS 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 Total operating income 119 123 115 346 353 Total operating expenses 106 111 102 318 317 Net financial expenses 1 1 1 1 3 Pre-tax operating profit 13 10 11 27 32 Tax expense 3 2 3 6 7 Profit after tax 10 8 9 21 25 Market share of sale of resale properties Market area Innlandet 28.5 % 23.8 % 26.6 % 25.6 % 24.0 % Market area Akershus 9.7 % 9.1 % 10.6 % 9.4 % 9.6 % Market area Oslo 5.0 % 4.1 % 5.7 % 4.8 % 5.9 % Market area Buskerud 3.1 % 2.6 % 0.9 % 2.4 % 0.5 % Total market area 9.1 % 7.8 % 9.3 % 8.4 % 8.7 % Number of resale properties sold 1 006 1 068 1 115 3 047 3 373 Number of new-build sales 47 79 76 246 391 EiendomsMegler 1 Østlandet AS (100 per cent ownership interest) reported revenue of NOK 119 (115) million in the third quarter and a profit after tax of NOK 10 (9) million. Higher income per property transaction contributed to increased revenue and improved earnings compared with the same quarter last year, despite lower transaction volumes. The number of existing homes sold by the company decreased by 9.8 per cent in the third quarter compared with the same quarter last year, while the number of new homes sold declined by 38.2 per cent. The company’s overall market share in the sale of existing homes was 9.1 (9.3) per cent. Twelve-month house price growth as of September was -1.1 per cent in Oslo, 0.4 per cent in Akershus, 1.4 per cent in Innlandet and -0.3 per cent in Buskerud. The company’s revenue is subject to significant seasonal variations. SpareBank 1 ForretningsPartner Østlandet AS 3Q 2Q 3Q YTD YTD NOK millions 2026 2026 2025 2026 2025 Total operating income 34 56 38 144 152 Total operating expenses 41 51 42 143 143 Net financial expenses 1 0 1 2 3 Pre-tax operating profit -8 5 -5 -1 6 Tax expense -2 1 -1 0 1 Profit after tax -6 4 -4 -1 5 SpareBank 1 ForretningsPartner Østlandet (100 per cent ownership interest) posted earnings of NOK 34 (38) million in the third quarter. The company recorded a profit after tax of NOK -6 (-4) million. The decline in earnings compared with the same quarter last year was primarily attributable to lower revenue. Cost reductions had a positive effect. To strengthen profitability, measures have been implemented relating to a new pricing model, increased focus on cross-selling and customer follow-up, as well as workforce adjustments. The effect of the workforce measures is expected to be fully realised from 2027. SpareBank 1 Gruppen AS SpareBank 1 Gruppen AS (12.40 per cent ownership interest in controlling interests) owns 100 per cent of the shares in SpareBank 1 Forsikring AS, SpareBank 1 Factoring AS and SpareBank 1 Spleis AS. In addition, SpareBank 1 Gruppen AS owns 51.44 per cent of the shares in Fremtind Holding AS, 49 per cent of the shares in LO Favør AS and 68.64 per cent of the shares in Kredinor AS. SpareBank 1 Gruppen reported a consolidated profit after tax of NOK 1 385 (1 292) million in the third quarter, compared with NOK 1 592 million in the previous quarter. The share of consolidated profit after tax attributable to controlling interests amounted to NOK 732 (697) million, compared with NOK 893 million in the previous quarter. SpareBank 1 Østlandet’s share of this amounted to NOK 91 (87) million, compared with NOK 111 million in the previous quarter. Return on equity for the SpareBank 1 Gruppen Group was 24 (23) per cent in the third quarter, compared with 26 per cent in the previous quarter. The weaker performance compared with the previous quarter was mainly driven by weaker securities markets, which affected both SpareBank 1 Forsikring AS and Fremtind Forsikring. The Fremtind Holding Group delivered a strong insurance result. Kredinor AS reported a clear improvement in earnings compared with the previous quarter, driven by higher portfolio income and lower financing costs. The increase in earnings compared with the corresponding period last year was mainly due to the strong development in the Fremtind Holding Group, where the result from insurance services improved significantly. Kredinor AS also contributed to the growth, while the result in SpareBank 1 Forsikring AS was lower than the year before. SpareBank 1 Factoring AS delivered a result broadly in line with last year. Fremtind Forsikring reported a profit after tax of NOK 1 253 (1 161) million in the third quarter, compared with NOK 1 380 million in the previous quarter. SpareBank 1 Forsikring AS reported a profit after tax of NOK 55 (82) million in the third quarter, compared with NOK 146 million in the previous quarter. In the third quarter, SpareBank 1 Gruppen AS consolidated a profit after tax of NOK 176 (100) million from Kredinor. PAGE 14 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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SpareBank 1 Boligkreditt AS SpareBank 1 Boligkreditt AS (24.85 per cent ownership interest) was established by the banks in the SpareBank 1 Alliance to benefit from the covered bond market. The banks transfer well-secured residential mortgages to the company, thereby achieving lower funding costs. The company reported a profit after tax of NOK 66 (200) million in the third quarter, compared with NOK 219 million in the previous quarter. The decline in earnings compared with both the previous quarter and the corresponding period last year was primarily due to lower net income from financial investments and lower net interest income, while lower losses had an offsetting effect. The share of profit from SpareBank 1 Boligkreditt AS recognised in the consolidated financial statements of SpareBank 1 Østlandet under the equity method is adjusted for interest paid on hybrid capital that is recognised directly in equity. The share of profit amounted to NOK 11 (41) million in the third quarter, compared with NOK 49 million in the previous quarter. SpareBank 1 Næringskreditt AS SpareBank 1 Næringskreditt AS (9.31 per cent ownership interest) was established based on the same model and with the same administration as SpareBank 1 Boligkreditt AS. The company reported a profit after tax of NOK 12 (13) million in the third quarter, compared with NOK 13 million in the previous quarter. Compared with both the previous quarter and the corresponding period last year, net interest income increased, while net income from financial investments declined. Impairment on loans and financial liabilities decreased compared with the corresponding period last year but increased compared with the previous quarter. The share of profit recognised in the SpareBank 1 Østlandet Group’s consolidated financial statements amounted to NOK 1 (1) million in the third quarter, unchanged from the previous quarter. Kredittbanken ASA Kredittbanken ASA (16.91 per cent ownership interest) is SpareBank 1 Østlandet’s provider of credit cards and short-term loans. The company reported a profit after tax of NOK 8 (17) million in the third quarter, compared with NOK 36 million in the previous quarter. The decline in earnings compared with the previous quarter was mainly due to higher credit losses and lower net income from financial investments. Higher net interest income and higher net commission and other income, together with lower costs, had an offsetting effect. The decline in earnings compared with the corresponding period last year was mainly due to higher credit losses and commission expenses. Offsetting this was a stronger net interest margin, driven by higher interest income from both the core business and interest-bearing securities. In addition, operating expenses were lower than in the corresponding period last year. The share of profit recognised in SpareBank 1 Østlandet’s consolidated financial statements in the third quarter amounted to NOK 1 (3) million, compared with NOK 6 million in the previous quarter. The company’s total portfolio amounted to NOK 14 (13) billion as of 30 September 2026. SpareBank 1 Betaling AS SpareBank 1 Betaling AS (18.79 per cent ownership interest) is the SpareBank 1 Alliance’s joint company for payment solutions. The company manages the SpareBank 1 Alliance’s ownership interest in Vipps Holding AS. The company reported a profit after tax of NOK 2 (10) million in the third quarter, compared with NOK 76 million in the previous quarter. The decline in earnings compared with both the corresponding period last year and the previous quarter was due to a lower contribution from Vipps Holding AS. The profit contribution in the previous quarter was higher as a result of the sale of Vipps Checkout and certain related e-commerce customer relationships in Norway from Vipps MobilePay to Kustom AB. The share of profit recognised in SpareBank 1 Østlandet’s consolidated financial statements in the third quarter amounted to NOK 0 (2) million, compared with NOK 14 million in the previous quarter. SpareBank 1 Forvaltning Holding AS SpareBank 1 Forvaltning Holding AS (6.57 per cent ownership interest) was established in 2021 to strengthen the competitiveness of the SpareBank 1 banks in the savings market. SpareBank 1 Forvaltning Holding AS reported a consolidated profit after tax of NOK 64 (66) million in the third quarter, compared with NOK 81 million in the previous quarter. The decline in earnings compared with the previous quarter was mainly due to higher personnel expenses resulting from holiday pay payments in the second quarter. Higher management fees had an offsetting effect. The decline in earnings compared with the corresponding period last year was mainly due to lower income resulting from reduced prices for services provided to the banks. Assets under management in the funds amounted to NOK 185 (166) billion as of 30 September 2026. Assets under discretionary portfolio management amounted to NOK 52 (45) billion as of 30 September 2026. The share of profit from the consolidated result of SpareBank 1 Forvaltning AS recognised in SpareBank 1 Østlandet’s consolidated financial statements amounted to NOK 4 (5) million in the third quarter, compared with NOK 5 million in the previous quarter. BN Bank ASA BN Bank ASA (9.99 per cent ownership interest) is a nationwide bank serving both corporate and retail customers and is owned by five of the banks in the SpareBank 1 Alliance. BN Bank ASA reported a profit after tax of NOK 159 (210) million in the third quarter, compared with NOK 210 million in the previous quarter. The decline in earnings compared with the previous quarter was mainly due to lower income from financial investments and higher impairment losses. Operating expenses also increased, while net commission and other income declined. Higher net interest income had an offsetting effect. The decline in earnings compared with the corresponding period last year was mainly due to lower net interest income caused by lower lending volumes and lending margins, while higher deposit volumes and deposit margins had an offsetting effect. Net commission and other income also declined, and loan losses increased. Offsetting this was a higher net change in value of financial investments. The share of profit from BN Bank ASA recognised in SpareBank 1 Østlandet’s consolidated financial statements under the equity method is adjusted for interest paid on hybrid capital that is recognised directly in equity. The share of profit amounted to NOK 15 (20) million in the third quarter, compared with NOK 20 million in the previous quarter. For further information regarding the financial statements of the individual companies, reference is made to the quarterly reports available on the companies’ respective websites. PAGE 15 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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OUTLOOK SpareBank 1 Østlandet’s vision is to contribute to the development of Eastern Norway together with employees, customers, owners and the local communities in which the Group operates. SpareBank 1 Østlandet aims to be the financial services provider of the future, with a strong local and regional presence. Its services shall be customer-oriented and contribute to sustainable value creation in local communities. This ambition reflects the recognition that the financial services provider of the future will be data-driven, while strong customer relationships will remain essential in building loyalty and competitive advantage. To continue earning customers’ trust and strengthening its market position, the Bank’s strategic agenda will focus on simplification for customers and employees, redesigning customer journeys, strengthening the Bank’s role within the Alliance, and modernisation. The financial services provider of the future must deliver the best financial services through simple, secure digital solutions combined with dedicated, accessible and highly skilled advisers. Together with its customers, the Bank will create sustainable value that benefits local communities, employees and owners alike. SpareBank 1 Østlandet has a strategic objective of maintaining one of the most attractive equity capital certificates listed on the Oslo Stock Exchange. This objective underlines the importance of delivering on the Bank’s financial targets. Profitability is central to achieving this objective, and the long-term profitability target is a return on equity of at least 13 per cent. This is an ambitious target that requires efficiency throughout the organisation and disciplined capital allocation. In light of the Bank’s cost development in recent years and its established profitability target, the Board emphasises the importance of strong cost control. The Board has set a target of a long-term cost-to-income ratio below 40 per cent for the Group, excluding merger-related costs. At the same time, the Board expects the Group’s costs in 2027 not to exceed costs in 2025, also excluding merger-related costs. To achieve this objective, the Bank has decided to reduce the number of FTEs by 70 between the end of 2025 and 2027. The voluntary severance programme implemented in 2026 has been an important element of this process, but a recruitment freeze, organisational changes and natural attrition will also contribute. The Board is also monitoring the implementation of other cost- reduction initiatives. A flexible dividend policy is an important tool for efficient capital utilisation. The long-term ambition is a dividend payout ratio of at least 50 per cent. This is combined with a capital target that implies a regulatory capital adequacy ratio one percentage point above regulatory requirements. The Bank’s capital adequacy ratio is well above this target, and the dividend payout ratio for 2025 was 70 per cent. The dividend was approved in light of the Bank’s strong capital position and the expected attractive growth opportunities in Eastern Norway. The Board is concerned about increasing regulatory uncertainty related to the Savings Bank Commission’s proposed changes to the regulatory framework governing the capital structure of Norwegian savings banks. Taken together, the proposals could, if adopted, weaken the position of savings banks in Norway. Over time, this could have adverse consequences for the regional availability of credit and financial services. The Board believes it is important that the authorities establish a regulatory framework that facilitates a diverse banking sector and supports both national and regional growth and development. Furthermore, the Board emphasises that any changes to the regulations governing savings banks should not go beyond what is required and that any measures implemented should be demonstrably necessary in light of applicable European regulations. The strategy and financial targets must be delivered against the backdrop of a challenging and highly contrasted societal environment. Geopolitical tensions and a persistent trade conflict constitute a serious backdrop for the Norwegian economy. For a prolonged period, the economy has been characterised by higher-than- normal cost inflation and interest rates, elevated and at times volatile energy prices, and relatively weak economic growth. Many households and businesses have experienced uncertainty about the future, and a growing number are facing financial challenges. Strong growth in real wages and low unemployment have supported household finances in recent years. At the same time, persistently high inflation and a higher policy rate from Norges Bank (the Central Bank of Norway) are dampening this positive development. Combined with the economic effects of the conflict in the Middle East, this is also likely to affect businesses negatively. Many companies have had to rely on their own reserves for an extended period. The construction sector continues to experience an unusually low level of activity, and there are few indications of a significant recovery over the next year, particularly in light of interest rate developments. Consequently, the outlook for credit demand from both households and businesses remains moderate. Nevertheless, the Bank’s overall growth prospects are considered strong in the longer term, supported by its well-established market position, high customer satisfaction, strong capital position and a skilled organisation with a presence where customers prefer to meet the Bank. The highly successful merger with Totens Sparebank has provided the Bank with increased presence and growth potential in the Mjøs region. The establishment of a new office in Drammen further strengthens its market position. The Bank is also expanding its presence in the capital region. In addition, its investment in digital sales channels will be intensified going forward. The Bank maintains a conservative lending practice. Nevertheless, this does not preclude certain customers from experiencing financial difficulties, as reflected in the Bank’s provisions for credit losses in recent years. In such circumstances, competent advisory services and a bank with strong local knowledge are particularly valuable to customers. The Bank is committed to providing good solutions for its customers, including those facing more challenging times. It is precisely during difficult periods that the savings bank model has proven its resilience and where the Bank has built its strong position. The Board is confident that both the region and the Bank are well positioned to seize the opportunities that the market presents. The Board of Directors of SpareBank 1 Østlandet Hamar, 3. November 2026 PAGE 16 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Income statement Parent bank Group Year Year to date Third quarter Third quarter Year to date Year 2025 2025 2026 2025 2026 NOK millions Notes 2026 2025 2026 2025 2025 9 153 6 938 6 598 2 295 2 292 Interest income effective interest method 5 2 408 2 411 6 948 7 306 9 640 2 341 1 772 1 760 608 616 Other interest income 5 616 608 1 760 1 774 2 343 7 232 5 523 5 317 1 823 1 859 Interest expenses 5 1 867 1 826 5 337 5 555 7 272 4 261 3 187 3 041 1 081 1 049 Net interest income 1 156 1 193 3 371 3 525 4 711 1 469 1 070 1 035 384 349 Commission income 6 476 504 1 403 1 438 1 932 151 113 118 37 38 Commission expenses 6 39 38 118 114 152 27 19 24 6 12 Other operating income 6 44 42 164 160 375 1 344 976 941 353 322 Net commissions and other operating income 481 508 1 448 1 484 2 155 59 50 10 0 0 Dividends from shares and other equity instruments 7 0 0 10 50 59 724 446 738 15 0 Net income from subsidiaries, associates and joint ventures (Parent Bank) 7 Net income from associates and joint ventures (Group) 7 122 160 444 371 520 221 189 120 94 16 Net profit from other financial assets and liabilities 7 13 91 112 178 208 1 005 685 869 110 16 Net profit from financial assets and liabilities 135 252 566 600 788 6 610 4 848 4 851 1 543 1 387 Total net income 1 773 1 953 5 385 5 609 7 654 1 109 816 939 284 292 Personnel expenses 8 412 404 1 318 1 199 1 614 148 105 111 35 37 Depreciation and impairment 8 41 39 123 118 166 1 109 784 751 244 224 Other operating expenses 8 271 283 897 915 1 294 2 366 1 704 1 801 562 553 Total operating expenses 725 727 2 338 2 232 3 074 4 244 3 144 3 050 981 834 Operating profit before losses on loans and guarantees 1 048 1 227 3 047 3 378 4 580 255 155 142 113 58 Impairment losses on loans and guarantees 9 92 121 209 173 301 3 990 2 989 2 909 868 777 Pre-tax operating profit 956 1 106 2 838 3 205 4 279 649 472 374 207 186 Tax expense 200 230 429 545 730 3 340 2 517 2 535 662 591 Profit after tax 756 876 2 409 2 660 3 549 Hybrid Capital Owner's share of profit after tax (Interest on hybrid capital) 36 35 102 105 138 Profit after tax for controlling ownership interest 715 831 2 285 2 529 3 377 Profit after tax for non-controlling ownership interest 6 9 22 27 33 Profit after tax 756 876 2 409 2 660 3 549 Earnings/diluted earnings per equity certificate (in NOK) 3.85 4.48 12.30 13.62 18.19 Earnings/diluted earnings per average equity certificate (in NOK) 3.85 4.48 12.30 13.62 18.19 PAGE 17 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Statement of other comprehensive income Parent bank Group Year Year to date Third quarter Third quarter Year to date Year 2025 2025 2026 2025 2026 NOK millions 2026 2025 2026 2025 2025 3 340 2 517 2 535 662 591 Profit after tax 756 876 2 409 2 660 3 549 -5 0 0 0 0 Actuarial gains/losses on pensions 0 0 0 0 -5 1 0 0 0 0 Tax effects of actuarial gains/losses on pensions 0 0 0 0 1 Share of other comprehensive income from associated companies and joint ventures -4 2 -1 4 9 -4 0 0 0 0 Total items that will not be reclassified through profit -4 2 -1 4 5 -7 -1 6 1 1 Net fair value adjustments on loans 1 1 6 -1 -7 2 0 -2 0 0 Tax effects related to the above 0 0 -2 0 2 16 15 9 9 6 Fair value changes on hedge derivatives due to changes in the currency basis spread 6 9 9 15 16 -4 -4 -2 -2 -1 Tax effects related to the above -1 -2 -2 -4 -4 Share of other comprehensive income from associates companies and joint ventures 36 45 33 75 87 7 10 11 8 5 Total items that will be reclassified through profit 41 53 44 85 94 3 10 11 8 5 Total profit and loss 37 55 43 89 99 3 343 2 527 2 546 669 596 Total profit for the period 793 931 2 453 2 749 3 648 Hybrid Capital Owner's share of profit after tax (Interest on hybrid capital) 36 35 102 105 138 Profit after tax for controlling ownership interest 752 887 2 328 2 618 3 476 Profit after tax for non-controlling ownership interest 6 9 22 27 33 Total profit for the period 793 931 2 453 2 749 3 648 PAGE 18 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Balance sheet Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 NOK millions Notes 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 ASSETS 11 12 0 Cash and deposits with central banks 0 12 11 12 748 13 725 12 178 Loans to and receivables from credit institutions 10 1 127 3 290 2 265 147 204 146 961 151 661 Loans to and receivables from customers 11, 12 164 817 159 592 159 869 39 226 37 321 37 979 Certificates, bonds and fixed-income funds 14 37 979 37 321 39 226 1 965 1 802 1 628 Financial derivatives 13, 14 1 628 1 802 1 965 617 873 610 Shares and other equity interests 14 486 750 494 6 655 6 756 6 755 Investments in associates and joint ventures 8 040 7 949 7 988 1 796 2 329 1 796 Investments in subsidiaries 1 113 1 116 1 094 Goodwill and other intangible assets 1 373 1 401 1 398 597 468 654 Property, plant and equipment 710 738 630 517 907 619 Other assets 1 012 1 279 885 212 451 212 270 214 974 Total assets 217 171 214 134 214 731 Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 NOK millions Notes 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 LIABILITIES 2 379 2 112 2 993 Deposits from and liabilities to credit institutions 10 2 993 1 709 2 376 135 259 135 697 139 735 Deposits from and liabilities to customers 15 139 742 135 683 135 234 42 722 43 183 39 545 Liabilities arising from issuance of securities 14, 16 39 545 43 183 42 722 1 338 1 538 1 876 Financial derivatives 13, 14 1 876 1 538 1 338 613 417 367 Current tax liabilities 421 503 682 510 511 519 Deferred tax liabilities 676 677 666 1 029 993 1 182 Other debt and liabilities recognised in the balance sheet 1 394 1 208 1 229 2 620 2 620 2 621 Subordinated loan capital 16 2 648 2 648 2 647 186 469 187 071 188 840 Total liabilities 189 296 187 149 186 895 EQUITY CAPITAL 6 793 6 793 6 793 Equity capital certificates 6 793 6 793 6 793 2 682 2 682 2 682 Premium fund 2 682 2 682 2 682 6 199 7 337 7 943 Dividend equalisation fund 7 943 7 337 6 199 1 725 0 0 Allocated to dividends and other equity capital 0 0 1 725 5 529 5 947 6 170 Primary capital 6 170 5 947 5 529 633 0 0 Allocated to dividends customer return 0 0 633 174 174 174 Compensation fund 174 174 174 45 45 60 Provision for gifts 60 45 45 351 371 411 Fund for unrealised gains 411 371 351 Other equity 1 439 1 478 1 540 1 850 1 850 1 900 Hybrid capital 1 921 1 871 1 871 Non-controlling interests 282 288 294 25 981 25 199 26 134 Total equity capital 27 876 26 985 27 837 212 451 212 270 214 974 Total equity capital and liabilities 217 171 214 134 214 731 The Board of Directors of SpareBank 1 Østlandet Hamar, 3. November 2026 PAGE 19 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Statement of change in equity Controlling interests Group Paid-up equity Earned equity capital NOK millions Equity certificates Premium fund Dividend equalisation funds 1) Primary capital 2) Compensation- fund Provision for gifts Fund for unrealised gains Other equity Hybrid capital Non-controlling interests Total equity capital Equity capital as of 31 December 2025 6 793 2 682 7 924 6 162 174 45 351 1 540 1 871 294 27 837 Profit after tax 1 810 665 60 -148 22 2 409 Other comprehensive income after tax Actuarial gains on pensions 0 0 0 Net fair value adjustments on loans 3 1 5 Fair value changes on hedge derivatives due to changes in the currency basis spread 5 2 7 Share of other comprehensive income from associated companies and joint ventures 32 32 Total profit after tax 1 818 668 60 -116 22 2 453 Other transactions Dividend paid -1 725 -582 -33 -2 340 Donations distributed from profit 2025 -36 -36 Grants from provision for gifts in 2026 -15 15 0 Hybrid capital 50 50 Interest on hybrid capital -74 -27 -1 -102 Effects directly in equity from associated companies and joint ventures 15 15 Equity capital as of 30 September 2026 6 793 2 682 7 943 6 170 174 60 411 1 439 1 921 282 27 876 1) Amounts transferred to primary capital as of 31.12 include provisioned customer dividends and proposed gifts. 2) Amounts transferred to dividend equalisation funds as of 31.12 include provisioned dividends. PAGE 20 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Statement of change in equity (cont.) Controlling interests Group Paid-up equity Earned equity capital NOK millions Equity certificates Premium fund Dividend equalisation funds 1) Primary capital 2) Compensation- fund Provision for gifts Fund for unrealised gains Other equity Hybrid capital Non-controlling interests Total equity capital Equity capital as of 31 December 2024 6 793 2 682 6 904 5 787 174 35 451 1 274 1 821 293 26 213 Profit after tax 1 900 696 -80 117 27 2 660 Other comprehensive income after tax Actuarial gains on pensions 0 0 0 Net fair value adjustments on loans -1 0 -1 Fair value changes on hedge derivatives due to changes in the currency basis spread 8 3 11 Share of other comprehensive income from associated companies and joint ventures 79 79 Total profit after tax 1 908 699 -80 195 27 2 749 Other transactions Dividend paid -1 399 -470 -30 -1 899 Donations distributed from profit 2024 -30 -30 Grants from provision for gifts in 2025 -12 10 -2 Hybrid capital 50 50 Interest on hybrid capital -75 -28 -1 -105 Effects directly in equity from associated companies and joint ventures 8 8 Equity capital as of 30 September 2025 6 793 2 682 7 337 5 947 174 45 371 1 477 1 871 288 26 985 1) Amounts transferred to primary capital as of 31.12 include provisioned customer dividends and proposed gifts. 2) Amounts transferred to dividend equalisation funds as of 31.12 include provisioned dividends. PAGE 21 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Controlling interests Group Paid-up equity Earned equity capital NOK millions Equity certificates Premium fund Dividend equalisation funds 1) Primary capital 2) Compensation- fund Provision for gifts Fund for unrealised gains Other equity Hybrid capital Non-controlling interests Total equity capital Equity capital as of 31 December 2024 6 793 2 682 6 903 5 787 174 35 451 1 274 1 821 293 26 213 Profit after tax 2 518 923 -100 176 33 3 549 Other comprehensive income after tax Actuarial gains on pensions -3 -1 -4 Net fair value adjustments on loans -4 -1 -5 Fair value changes on hedge derivatives due to changes in the currency basis spread 9 3 12 Share of other comprehensive income from associated companies and joint ventures 96 96 Total profit after tax 2 520 924 -100 271 33 3 648 Other transactions Dividend paid -1 399 -470 -30 -1 899 Donations distributed from profit 2024 -30 -30 Grants from provision for gifts in 2025 -12 10 -2 Hybrid capital 50 50 Interest on hybrid capital -100 -37 -2 -138 Effects directly in equity from associated companies and joint ventures -5 -5 Equity capital as of 31 December 2025 6 793 2 682 7 924 6 162 174 45 351 1 540 1 871 294 27 837 1) Amounts transferred to primary capital as of 31.12 include provisioned customer dividends and proposed gifts. 2) Amounts transferred to dividend equalisation funds as of 31.12 include provisioned dividends. Statement of change in equity (cont.) PAGE 22 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Statement of change in equity (cont.) Parent bank Paid-up equity Earned equity capital NOK millions Equity certificates Premium fund Dividend equalisation funds 1) Primary capital 2) Compensation- fund Provision for gifts Fund for unrealised gains Hybrid capital Total equity capital Equity capital as of 31 December 2025 6 793 2 682 7 924 6 162 174 45 351 1 850 25 981 Profit after tax 1 810 665 60 2 535 Other comprehensive income after tax Actuarial gains on pensions 0 0 0 Net fair value adjustments on loans 3 2 5 Fair value changes on hedge derivatives due to changes in the currency basis spread 5 2 7 Total profit after tax 1 818 668 60 2 547 Other transactions Dividend paid -1 725 -582 -2 307 Donations distributed from profit 2025 -36 -36 Grants from provision for gifts in 2026 -15 15 0 Hybrid capital 50 50 Interest on hybrid capital -74 -27 -101 Equity capital as of 30 September 2026 6 793 2 682 7 943 6 171 174 60 411 1 900 26 134 1) Amounts transferred to primary capital as of 31.12 include provisioned customer dividends and proposed gifts. 2) Amounts transferred to dividend equalisation funds as of 31.12 include provisioned dividends. PAGE 23 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Parent bank Paid-up equity Earned equity capital NOK millions Equity certificates Premium fund Dividend equalisation funds 1) Primary capital 2) Compensation- fund Provision for gifts Fund for unrealised gains Hybrid capital Total equity capital Equity capital as of 31 December 2024 6 793 2 682 6 904 5 787 174 35 451 1 800 24 626 Profit after tax 1 900 696 -80 2 517 Other comprehensive income after tax Actuarial gains on pensions 0 0 0 Net fair value adjustments on loans -1 0 -1 Fair value changes on hedge derivatives due to changes in the currency basis spread 8 3 11 Total profit after tax 1 908 699 -80 2 527 Other transactions Dividend paid -1 399 -470 -1 870 Donations distributed from profit 2024 -30 -30 Grants from provision for gifts in 2025 -12 10 -2 Hybrid capital 50 50 Interest on hybrid capital -76 -28 -103 Equity capital as of 30 September 2025 6 793 2 682 7 336 5 947 174 45 371 1 850 25 199 1) Amounts transferred to primary capital as of 31.12 include provisioned customer dividends and proposed gifts. 2) Amounts transferred to dividend equalisation funds as of 31.12 include provisioned dividends. Statement of change in equity (cont.) PAGE 24 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Statement of change in equity (cont.) Parent bank Paid-up equity Earned equity capital NOK millions Equity certificates Premium fund Dividend equalisation funds 1) Primary capital 2) Compensation- fund Provision for gifts Fund for unrealised gains Hybrid capital Total equity capital Equity capital as of 31 December 2024 6 793 2 682 6 904 5 787 174 35 451 1 800 24 626 Profit after tax 2 518 923 -100 3 340 Other comprehensive income after tax Actuarial gains on pensions -3 -1 -4 Net fair value adjustments on loans -4 -1 -5 Fair value changes on hedge derivatives due to changes in the currency basis spread 9 3 12 Total profit after tax 2 520 924 -100 3 343 Other transactions Dividend paid -1 399 -470 -1 870 Donations distributed from profit 2024 -30 -30 Grants from provision for gifts in 2025 -12 10 -2 Hybrid capital 50 50 Interest on hybrid capital -100 -37 -137 Equity capital as of 31 December 2025 6 793 2 682 7 924 6 162 174 45 351 1 850 25 981 1) Amounts transferred to primary capital as of 31.12 include provisioned customer dividends and proposed gifts. 2) Amounts transferred to dividend equalisation funds as of 31.12 include provisioned dividends. PAGE 25 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Cash flow statement Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 NOK millions 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 -3 871 -3 608 -4 519 Change in gross lending to customers -5 048 -1 296 -1 609 8 779 6 628 6 420 Interest receipts from lending to customers 7 188 7 421 9 822 6 933 7 371 4 476 Change in deposits from customers 4 508 7 413 7 366 -4 738 -3 611 -3 576 Interest payments on deposits from customers -3 596 -3 636 -4 767 -523 -1 353 1 395 Change in receivables and debt from credit institutions 1 957 -1 575 -302 691 533 443 Interest on receivables and debt to financial institutions 24 123 147 -3 496 -1 729 1 227 Change in certificates and bonds 1 227 -1 905 -3 844 1 914 1 458 1 445 Interest receipts from commercial papers and bonds 1 446 1 460 1 917 1 344 976 935 Commission receipts 1 442 1 484 1 992 173 138 69 Capital gains from sale on trading 61 126 159 -2 203 -1 599 -1 690 Payments for operations -2 214 -2 114 -2 893 -575 -575 -633 Taxes paid -679 -616 -645 298 589 -1 095 Other accruals -1 201 234 -713 4 726 5 216 4 896 Net change in liquidity from operations (A) 5 116 7 120 6 631 -254 -85 -167 Investments in tangible fixed assets -203 -168 -108 0 0 6 Receipts from sale of tangible fixed assets 47 39 50 -1 012 -963 -149 Long term investments in shares -149 -963 -1 012 1 774 485 49 Payment from long-term investments 49 485 1 372 506 497 749 Dividends from long-term investments in equities 554 284 293 1 014 -66 488 Net cash flow from investments (B) 298 -323 596 Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 NOK millions 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 3 518 3 518 6 275 Debt raised by issuance of securities 6 275 3 518 3 518 400 400 0 Debt raised by subordinated loan capital 0 400 400 400 400 400 Equity raised by hybrid capital 400 400 400 -5 875 -5 497 -7 337 Repayments of issued securities -7 337 -7 119 -7 341 0 0 0 Repayments of issued subordinated loan capital 0 0 0 -350 -350 -350 Repayments of hybrid capital -350 -350 -350 -2 228 -1 705 -1 566 Interest payments on securities issued -1 566 -1 727 -2 251 -157 -116 -124 Interest payments on subordinated loans -125 -116 -157 -137 -103 -101 Interest payments on hybrid capital -102 -105 -138 -59 -44 -52 Lease payments -55 -40 -55 -20 -20 0 Payments arising from placements in subsidiaries 0 0 0 -1 399 -1 399 -1 725 Payment of dividend -1 759 -1 429 -1 429 -470 -470 -582 Payment of customer dividend -582 -470 -470 -26 -12 -23 Donations -23 -12 -26 -6 402 -5 398 -5 185 Net cash flow from financing (C) -5 224 -7 050 -7 898 -662 -248 199 CHANGE IN CASH AND CASH EQUIVALENTS (A+B+C) 190 -253 -671 1 442 1 442 780 Cash and cash equivalents at 1 January 788 1 460 1 460 780 1 194 978 Cash and cash equivalents at the end of the period 979 1 207 788 Cash and cash equivalents at comprise: 11 12 0 Cash and deposits with central banks 0 12 11 768 1 182 978 Deposits etc. at call with banks 979 1 195 777 780 1 194 978 Cash and cash equivalents at the end of the period 979 1 207 788 PAGE 26 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Notes Note 1 General information 28 Note 2 Accounting principles 29 Note 3 Segment information 31 Note 4 Capital adequacy 34 Note 5 Net interest income 36 Note 6 Net commissions and other operating income 37 Note 7 Net profit from financial assets and liabilities 38 Note 8 Operating expenses 39 Note 9 Provisions for credit losses 40 Note 10 Credit institutions 41 Note 11 Loans to and receivables from customers 42 Note 12 Accumulated provisions for expected credit losses 50 Note 13 Financial derivatives 53 Note 14 Financial instruments at fair value 54 Note 15 Deposits from and liabilities to customers 56 Note 16 Debt securities issued 57 Note 17 Earnings per equity capital certificate 58 Note 18 Events occurring after the balance sheet date 59 PAGE 27 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 1 General information The group SpareBank 1 Østlandet consists of the parent bank SpareBank 1 Østlandet and the following companies (ownership interest in per cent): Subsidiaries 30 September 2026 30 September 2025 SpareBank 1 Finans Østlandet AS 85.10 85.10 EiendomsMegler 1 Østlandet AS 100.00 100.00 Youngstorget 5 AS 0.00 100.00 AS Vato 100.00 100.00 SpareBank 1 ForretningsPartner Østlandet AS 100.00 100.00 Vallehaven AS 100.00 100.00 Totens Sparebank Boligkreditt AS 0.00 100.00 SpareBank 1 Østlandet Verdigjenvinning AS 100.00 100.00 Investments in associated companies 30 September 2026 30 September 2025 Kredittbanken ASA 16.91 17.30 SpareBank 1 Boligkreditt AS 24.85 23.63 SpareBank 1 Næringskreditt AS 9.31 10.89 SpareBank 1 Betaling AS 18.79 17.26 BN Bank ASA 9.99 9.99 SpareBank 1 Forvaltning Holding AS 6.57 6.90 SpareBank 1 Bank og Regnskap AS 25.00 25.00 SpareBank 1 Gjeldsinformasjon AS 14.07 14.07 Investments in associated companies in subsidiaries 30 September 2026 30 September 2025 SpareBank 1 Mobilitet Holding AS 1) 30.66 30.66 Investments in joint ventures 30 September 2026 30 September 2025 SpareBank 1 Gruppen AS 12.40 12.40 SpareBank 1 Utvikling DA 18.00 18.00 1) SpareBank 1 Mobilitet Holding AS is under liquidation. CHANGES IN GROUP COMPOSITION IN 2026 First quarter SpareBank 1 ForretningsPartner Østlandet AS and its wholly owned subsidiary Siffer Økonomi AS merged with effect from 1 January 2026. A rebalancing of the shares in Kredittbanken ASA in accordance with the shareholders agreement resulted in a decrease of the ownership interest from 17.3 per cent to 16.9 per cent. A rebalancing of the shares in SpareBank 1 Boligkreditt AS in accordance with the shareholders agreement resulted in a decrease of the ownership interest from 24.24 per cent to 24.09 per cent. Second quarter A rebalancing of the shares in SpareBank 1 Boligkreditt AS in accordance with the shareholders agreement resulted in an increase of the ownership interest from 24.09 per cent to 24.39 per cent. A rebalancing of the shares in SpareBank 1 Næringskreditt AS in accordance with the shareholders agreement resulted in an increase of the ownership interest from 9.53 per cent to 9.80 per cent. A rebalancing of the shares in SpareBank 1 Forvaltning AS in accordance with the shareholders agreement resulted in an increase of the ownership interest from 6.30 per cent to 6.57 per cent. Third quarter A rebalancing of the shares in SpareBank 1 Boligkreditt AS in accordance with the shareholders agreement resulted in an increase of the ownership interest from 24.39 per cent to 24.85 per cent. A rebalancing of the shares in SpareBank 1 Næringskreditt AS in accordance with the shareholders agreement resulted in a decrease of the ownership interest from 9.80 per cent to 9.31 per cent. PAGE 28 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 2 Accounting principles BASIS FOR PREPARATION SpareBank 1 Østlandet prepares its interim reports in accordance with the Stock Exchange Regulations, stock exchange rules and International Financial Reporting Standards (IFRS) as approved by the EU, including IAS 34 – Interim Financial Reporting. The presentation currency is NOK (Norwegian kroner), which is also the functional currency of all the units in the Group. All amounts are in NOK million unless otherwise stated. The condensed interim financial statements do not include all the information required in full annual financial statements and should be read in conjunction with the financial statements for 2025. New standards and interpretations that have been applied The Group has applied the same accounting policies and methods of calculation in this interim report as in the last annual financial statements. No new standards and interpretations have been adopted in the third quarter of 2026. IMPORTANT ACCOUNTING ESTIMATES AND DISCRETIONARY ASSESSMENTS In preparing consolidated financial statements, management makes estimates, discretionary assessments and assumptions which influence the effect of applying the accounting policies. This will in turn affect the recognised amounts for assets, liabilities, income and costs. For more detailed information, see Note 2 of the annual financial statements for 2025. Credit losses Reference is made to Note 9, “Provisions for credit losses”, in the 2025 annual financial statements for a more detailed description of the impairment model applied in accordance with IFRS 9. The model incorporates several critical estimates. These primarily relate to the definition of a significant increase in credit risk and the key assumptions applied in the calculation of model-based loss allowances in Stage 1 and Stage 2. The definition of a significant increase in credit risk is unchanged from the most recent annual financial statements. Reference is made to the section “Significant increase in credit risk” in the description of estimates in Note 9 to the 2025 annual financial statements. The Bank’s impairment model uses regression analyses and simulations to estimate expected credit losses (ECL). Future probability of default (PD) is estimated based on expected developments in money market interest rates and unemployment, while loss given default (LGD) is simulated based on collateral values and expected price developments for relevant collateral types. Norges Bank’s (the Central Bank of Norway) periodic publications, the Monetary Policy Report and the Financial Stability Report, constitute the primary sources for the explanatory variables used in the expected scenario. The assumptions applied in the downside scenario are based on the stress test presented by the Financial Supervisory Authority of Norway in Risk Outlook, June 2025. Management’s assessments of expected developments in PD and LGD as of 30 September 2026 are based on macroeconomic forecasts from the Monetary Policy Report (MPR) 3/2026 and the Financial Stability Report 2026 H1. Compared with the previous forecasting round, MPR 3/2026 entails a moderate upward revision of the interest rate path over the forecast period, while the unemployment forecast is virtually unchanged. The forecasts for house price growth have been revised downwards for 2026–2028 and upwards for 2029. The forecast assumptions for commercial property prices are unchanged from the previous quarter. PAGE 29 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 2 Accounting principles (cont.) The figures below show estimated development of the key macroeconomic assumptions in the loss model's three scenarios. Updated macroeconomic assumptions resulted, in isolation, in an increase in expected credit losses. In the third quarter, new probability of default and exposure at default models for the corporate market (PDv3 BM and EADv3 BM) were implemented in the ECL calculation. The models had already been implemented in the Bank’s credit scoring models. The model changes affect, among other things, the allocation of PD estimates at exposure level, classification between Stage 1 and Stage 2, and the calculation of EAD. In aggregate, the model changes reduced ECL by approximately NOK 19 million. Taken together, changes in macroeconomic assumptions and model changes reduced ECL by NOK 7 million, cf. Note 9. ECL as of 30 September 2026 is calculated as a weighted combination of 80 per cent for the expected scenario, 10 per cent for the downside scenario and 10 per cent for the upside scenario, unchanged from the previous quarter. The table below shows ECL calculated separately for each of the three scenarios, broken down by the retail market and the corporate market in the Parent Bank. Corresponding calculations are also presented for the subsidiary SpareBank 1 Finans Østlandet. ECL for the Parent Bank and the subsidiary, adjusted for intragroup eliminations, is presented in the Group column. The table also includes four alternative scenario weightings. 30 September 2026 Retail market Corporate market Parent Bank SpareBank 1 Finans Østlandet Group ECL in expected scenario 135 946 1 081 154 1 234 ECL in downside scenario 215 1 275 1 490 202 1 691 ECL in upside scenario 109 758 867 122 988 ECL with used scenario weighting 80/10/10 per cent 140 960 1 101 158 1 258 ECL with alternative scenario weighting 75/15/10 per cent 144 977 1 121 158 1 278 ECL with alternative scenario weighting 70/20/10 per cent 148 993 1 142 160 1 301 ECL with alternative scenario weighting 65/25/10 per cent 152 1 010 1 162 163 1 324 ECL with alternative scenario weighting 60/30/10 per cent 156 1 026 1 183 165 1 347 Reference is also made to Note 9 “Provisions for credit losses”, where the effects on loss provisions per segment from various changes in model assumptions are presented in tabular form. 0 year 1 year 2 year 3 year 4 year 5 year Expected 4.8 % 4.8 % 4.6 % 4.1 % 3.7 % 3.0 % Upside 4.8 % 3.4 % 2.5 % 2.5 % 2.8 % 3.0 % Downside 4.8 % 5.7 % 7.6 % 7.1 % 6.1 % 3.0 % 0 year 1 year 2 year 3 year 4 year 5 year Expected 100 103 107 113 121 127 Upside 100 107 111 117 125 131 Downside 100 84 78 75 77 80 0 year 1 year 2 year 3 year 4 year 5 year Expected 4.5 % 4.4 % 4.8 % 4.9 % 4.9 % 3.9 % Upside 4.5 % 3.2 % 3.2 % 3.2 % 3.5 % 3.9 % Downside 4.5 % 4.6 % 5.1 % 6.1 % 6.4 % 3.9 % 0 year 1 year 2 year 3 year 4 year 5 year Expected 100 101 103 104 105 105 Upside 100 105 107 108 109 109 Downside 100 76 65 59 60 79 Expected Upside Downside Expected Upside Downside 0 year 1 year 2 year 3 year 4 year 5 year 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% Money market interes rate (3M NIBOR) Level (per cent) 0 year 1 year 2 year 3 year 4 year 5 year 3.0% 4.0% 5.0% 6.0% 7.0% Unemployment (AKU) Level (per cent) 0 year 1 year 2 year 3 year 4 year 5 year 60 80 100 120 140 Price development, residential properties Level (index, year 0=100) 0 year 1 year 2 year 3 year 4 year 5 year 60 70 80 90 100 110 120 Price development, commercial properties Level (index, year 0=100) PAGE 30 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Retail division Corporate division SpareBank 1 Finans Østlandet AS EiendomsMegler 1 Østlandet AS SpareBank 1 Forretnings- Partner Østlandet AS Totens Sparebank Boligkreditt AS Other operations/ eliminations Total Third quarter 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 Income statement Net interest income 478 495 493 546 109 108 -1 -1 -1 -1 0 5 78 41 1 156 1 193 Net commissions and other operating income 255 295 68 60 15 14 119 115 34 38 0 0 -9 -14 481 508 Net income from financial assets and liabilities 33 38 14 14 0 0 0 0 0 0 0 0 88 200 135 252 Operating expenses 378 390 161 164 38 32 106 102 41 42 0 0 2 -4 725 727 Profit before losses 389 438 413 456 86 91 13 11 -8 -5 0 5 155 231 1 048 1 227 Impairment losses on loans and guarantees 0 13 57 99 34 8 0 0 0 0 0 0 0 0 92 121 Pre-tax operating profit 388 425 356 357 52 83 13 11 -8 -5 0 5 155 231 956 1 106 Tax expense 57 65 85 102 13 21 3 3 -2 -1 0 1 43 40 200 230 Profit/loss after tax 331 360 270 255 39 62 10 9 -6 -4 0 4 112 191 756 876 Balance sheet Gross lending to customers 94 356 90 183 58 598 57 818 13 403 12 800 0 0 0 0 0 0 -342 -148 166 015 160 653 Provisions for credit losses -87 -94 -953 -858 -158 -104 0 0 0 0 0 0 0 -6 -1 198 -1 062 Other assets 4 769 4 811 1 303 1 576 135 143 277 263 182 205 0 401 45 689 47 142 52 355 54 543 Total assets 99 038 94 900 58 948 58 536 13 380 12 839 277 263 182 205 0 401 45 347 46 989 217 171 214 134 Deposits from and liabilities to customers 83 231 78 427 56 427 53 355 2 2 0 0 15 19 0 0 67 3 879 139 742 135 683 Other liabilities and equity 15 807 16 473 2 521 5 180 13 378 12 837 277 263 167 186 0 401 45 280 43 110 77 429 78 452 Total equity capital and liabilities 99 038 94 900 58 948 58 536 13 380 12 839 277 263 182 205 0 401 45 347 46 989 217 171 214 134 Note 3 Segment information This segment information is linked to the way the Group is governed through reporting on performance and capital, authorisations and routines. Reporting on segments is divided into following areas retail market (RM), corporate market (CM) incl. organisation market, real estate brokerage, leasing, accounting and consulting services and other operations. Reviews: • Real estate brokerage, leasing, financing and accounting are organised as independent companies. • Tax expense for RM and CM is calculated as 25 per cent of the segment's share of Pre-tax operating profit and then deducted with the segment’s share of the taxeffect in relation to customer dividends. • Operating expenses in RM and CM includes its share of shared expenses. • Net commission and other income in RM and CM includes its share for shared income. • Group eliminations arise together with other operations in a separate column. PAGE 31 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 3 Segment information (cont.) Retail division Corporate division SpareBank 1 Finans Østlandet AS EiendomsMegler 1 Østlandet AS SpareBank 1 Forretnings- Partner Østlandet AS Totens Sparebank Boligkreditt AS Other operations/ eliminations Total Year to date 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 2026 2025 Income statement Net interest income 1 391 1 489 1 476 1 611 333 320 -1 -3 -2 -3 0 19 175 92 3 371 3 525 Net commissions and other operating income 732 797 210 186 46 40 346 353 144 152 0 -2 -30 -42 1 448 1 484 Net income from financial assets and liabilities 102 111 40 43 0 0 0 0 0 0 0 -2 423 447 566 600 Operating expenses 1 226 1 162 526 519 113 105 318 317 143 143 0 3 12 -18 2 338 2 232 Profit before losses 999 1 235 1 200 1 321 266 255 27 32 -1 6 0 13 556 515 3 047 3 378 Impairment losses on loans and guarantees 25 8 116 147 67 18 0 0 0 0 0 -1 0 0 209 173 Pre-tax operating profit 974 1 227 1 084 1 173 198 237 27 32 -1 6 0 14 556 515 2 838 3 205 Tax expense 124 203 260 283 50 59 6 7 0 1 0 3 -11 -11 429 545 Profit/loss after tax 850 1 025 823 890 149 178 21 25 -1 5 0 11 567 526 2 409 2 660 Balance sheet Gross lending to customers 94 356 90 183 58 598 57 818 13 403 12 800 0 0 0 0 0 0 -342 -148 166 015 160 653 Provisions for credit losses -87 -94 -953 -858 -158 -104 0 0 0 0 0 0 0 -6 -1 198 -1 062 Other assets 4 769 4 811 1 303 1 576 135 143 277 263 182 205 0 401 45 689 47 142 52 355 54 543 Total assets 99 038 94 900 58 948 58 536 13 380 12 839 277 263 182 205 0 401 45 347 46 989 217 171 214 134 Deposits from and liabilities to customers 83 231 78 427 56 427 53 355 2 2 0 0 15 19 0 0 67 3 879 139 742 135 683 Other liabilities and equity 15 807 16 473 2 521 5 180 13 378 12 837 277 263 167 186 0 401 45 280 43 110 77 429 78 452 Total equity capital and liabilities 99 038 94 900 58 948 58 536 13 380 12 839 277 263 182 205 0 401 45 347 46 989 217 171 214 134 PAGE 32 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 3 Segment information (cont.) Year 2025 Retail division Corporate division SpareBank 1 Finans Østlandet AS EiendomsMegler 1 Østlandet AS SpareBank 1 Forretnings- Partner Østlandet Group Totens Sparebank Boligkreditt AS Other operations/ eliminations Total Income statement Net interest income 1 965 2 144 429 -2 -4 19 159 4 711 Net commissions and other operating income 1 084 255 56 443 195 -2 123 2 155 Net profit from financial assets and liabilities 149 57 0 0 0 -2 583 788 Operating expenses 1 619 713 144 417 194 3 -18 3 074 Profit before losses 1 579 1 743 341 25 -4 13 883 4 580 Impairment losses on loans and guarantees -14 269 47 0 0 -1 0 301 Pre-tax operating profit 1 593 1 474 294 25 -4 14 884 4 279 Tax expense 259 355 71 5 -1 3 38 730 Profit/loss after tax 1 334 1 119 223 20 -3 11 845 3 549 Balance sheet Gross lending to customers 91 042 57 328 12 882 0 0 0 -286 160 967 Provisions for credit losses -80 -898 -121 0 0 0 0 -1 098 Other assets 4 693 1 036 171 229 194 0 48 540 54 863 Total assets 95 655 57 466 12 932 229 194 0 48 254 214 731 Deposits from and liabilities to customers 80 164 54 311 2 0 18 0 739 135 234 Other liabilities and equity 15 492 3 155 12 930 229 176 0 47 515 79 498 Total equity capital and liabilities 95 655 57 466 12 932 229 194 0 48 254 214 731 PAGE 33 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 4 Capital adequacy Regulatory Framework The Bank's capital adequacy is calculated on the basis of the applicable rules and rates at any given time. The rules are based on the three pillars that are intended to ensure that financial undertakings have capital commensurate with their risks: • Pillar 1: Minimum regulatory capital requirements • Pillar 2: Evaluation of the overall capital requirements and supervisory follow-up • Pillar 3: Requirement to publish information Capital adequacy is calculated at three levels based on different definitions of capital: • Common equity tier 1 ratio (CET1) • Tier 1 capital ratio (including hybrid tier 1 capital) • Total capital adequacy ratio (including subordinated loans) Capital Requirements The Group has a combined buffer requirement of 9.5 per cent as of 30 September 2026. In the combined buffer, the institution-specific buffer requirements consisting of the countercyclical buffer and the systemic risk buffer were calculated to be 2.5 per cent and 4.5 per cent, respectively, for the Group. The capital conservation buffer is 2.5 per cent. Therefore, as of 30 September 2026, the Group’s Common Equity Tier 1 capital ratio requirement, including the Pillar 2 requirement, was 14.9 per cent. The Bank’s Common Equity Tier 1 capital ratio was thus higher than the current and expected capital requirements. The Group’s long-term target for its Common Equity Tier 1 capital ratio is the regulatory requirement plus a management buffer of 1.0 per cent. The Group’s capital targets and capital planning take account of announced and expected changes to the capital requirements. PAGE 34 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 4 Capital adequacy (cont.) Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 25 981 25 199 26 134 Total equity carried 27 876 26 985 27 837 Common equity tier 1 capital -2 358 -1 517 -1 600 Dividend -1 600 -1 517 -2 358 -1 850 -1 850 -1 900 Hybrid capital -1 921 -1 871 -1 871 Minority interests that is not eligible as CET1 capital -65 -81 -89 0 0 0 Value adjustments on fair valued liabilities 0 0 0 -1 044 -1 047 -1 030 Goodwill and other intangible assets -1 686 -1 714 -1 710 -640 -785 -754 Positive value of expected losses under the IRB approach -871 -893 -753 0 0 0 Significant investments in financial sector entities 0 0 0 -51 -50 -51 Value adjustments due to prudent valuation (AVA) -63 -62 -63 -328 -367 -193 Other adjustments in CET1 -119 -302 -244 19 709 19 582 20 605 Common equity tier 1 capital 21 552 20 545 20 748 Additional Tier 1 capital 1 850 1 850 1 900 Hybrid capital 1 900 1 850 1 850 -31 -31 -31 Investments in financial sector entities -31 0 -31 AT1-capital issued by consolidated entities 300 306 301 1 819 1 819 1 869 Tier 1 capital 2 169 2 124 2 119 Supplementary capital in excess of Tier 1 capital 1 300 2 600 2 600 Subordinated loan capital 2 600 2 600 2 600 -125 -125 -249 Investments in financial sector entities -249 0 -125 T2-capital issued by consolidated entities 404 490 404 2 475 2 475 2 351 Total supplementary capital 2 755 2 965 2 879 24 003 23 876 24 825 Total eligible capital 26 476 25 634 25 747 Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 16 924 18 754 17 711 Corporates - Specialised Lending 18 382 19 511 17 686 8 117 7 129 11 106 Corporates - Other 11 193 7 237 8 192 22 374 23 507 26 798 Retail - Mortgage exposures 38 391 35 016 33 832 1 313 1 271 2 364 Retail - Other 2 391 1 297 1 341 48 728 50 661 57 980 Credit exposures calculated using IRB-approach 70 358 63 061 61 050 30 057 31 079 21 930 Credit exposures calculated using the standardised approach 27 446 35 266 34 853 557 584 426 Counterparty credit risk 752 2 587 1 900 0 0 0 Market risk 0 0 0 9 299 8 182 9 299 Operational risk 11 150 10 388 11 150 0 0 1 380 Other risk exposures 10 453 7 213 8 787 88 640 90 506 91 016 Risk-weighted assets 120 159 118 514 117 740 7 091 7 240 7 281 Capital requirements (8.0%) 9 613 9 481 9 419 Pillar 2 (1.6%) 1 923 2 252 1 884 Buffer requirements 2 216 2 263 2 275 Capital conservation buffer (2.5%) 3 004 2 963 2 944 2 216 2 263 2 275 Countercyclical capital buffer 3 004 2 963 2 944 2.5 % 2.5 % 2.5 % Countercyclical capital buffer rate 2.5 % 2.5 % 2.5 % 3 989 4 073 4 096 Systemic risk buffer 5 407 5 333 5 298 4.5 % 4.5 % 4.5 % Systemic risk buffer rate 4.5 % 4.5 % 4.5 % 8 421 8 598 8 647 Total buffer requirements 11 415 11 259 11 185 14.0 % 14.0 % 14.0 % CET 1 requirement 14.9 % 15.1 % 14.9 % 7 300 6 911 7 863 Available CET1 above requirement 3 648 2 686 3 205 Capital ratios 22.2 % 21.6 % 22.6 % CET 1 capital ratio 17.9 % 17.3 % 17.6 % 24.3 % 23.6 % 24.7 % Tier 1 Capital ratio 19.7 % 19.1 % 19.4 % 27.1 % 26.4 % 27.3 % Capital adequacy ratio 22.0 % 21.6 % 21.9 % 9.9 % 9.8 % 10.2 % Leverage Ratio 7.3 % 7.1 % 7.2 % PAGE 35 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 5 Net interest income Parent bank Group Year Year to date Third quarter Third quarter Year to date Year 2025 2025 2026 2025 2026 2026 2025 2026 2025 2025 Interest income 800 625 494 194 170 Interest income from loans to and claims on central banks and credit institutions (amortised cost) 23 58 74 199 244 3 781 2 863 2 740 951 945 Interest income from loans to and claims on customers (amortised cost) 1 210 1 206 3 516 3 640 4 810 4 571 3 451 3 365 1 150 1 177 Interest income from loans to and claims on customers (fair value over OCI) 1 175 1 148 3 358 3 468 4 586 9 153 6 938 6 598 2 295 2 292 Total interest income, effective interest method 2 408 2 411 6 948 7 306 9 640 426 314 315 113 102 Interest income from loans to and claims on customers (fair value over profit and loss) 102 113 315 314 426 1 788 1 352 1 367 467 484 Interest on certificates and bonds (fair value over profit and loss) 484 467 1 367 1 355 1 790 126 105 78 29 30 Other interest income (fair value over profit and loss) 30 29 79 105 126 2 341 1 772 1 760 608 616 Total other interest income 616 608 1 760 1 774 2 343 11 494 8 710 8 358 2 904 2 908 Total interest income 3 024 3 020 8 708 9 081 11 983 Interest expenses 109 92 50 21 21 Interest on debt to credit institutions 21 17 50 76 97 4 655 3 550 3 495 1 180 1 222 Interest on deposits from and liabilities to customers 1 230 1 188 3 513 3 572 4 680 2 228 1 705 1 566 559 545 Interest on securities issued 545 559 1 566 1 727 2 251 157 116 124 42 44 Interest on subordinated loan capital 44 42 125 116 157 75 56 71 19 24 Fees to the Banks' Guarantee Fund 24 19 71 57 75 8 4 10 1 4 Interest on leases 4 2 11 5 9 1 0 0 0 0 Other interest expenses 0 1 0 2 2 7 232 5 523 5 317 1 823 1 859 Total interest expenses 1 867 1 826 5 337 5 555 7 272 4 261 3 187 3 041 1 081 1 049 Total net interest income 1 156 1 193 3 371 3 525 4 711 PAGE 36 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 6 Net commissions and other operating income Parent bank Group Year Year to date Third quarter Third quarter Year to date Year 2025 2025 2026 2025 2026 2026 2025 2026 2025 2025 509 356 386 138 147 Net money transfer fees 147 137 384 354 506 364 268 318 94 107 Commission from insurance 107 94 318 268 364 51 35 39 10 14 Commission from savings 14 10 39 35 51 459 349 211 118 54 Commission from covered bonds comp. 54 118 211 347 457 48 34 54 15 18 Commission from credit cards 18 15 54 34 48 0 0 0 0 0 Real estate brokerage commissions 118 114 343 350 440 38 29 27 10 8 Other commission income 17 17 53 49 66 1 469 1 070 1 035 384 349 Commission income 476 504 1 403 1 438 1 932 151 113 118 37 38 Net money transfer fees 39 38 118 114 152 151 113 118 37 38 Commission expenses 39 38 118 114 152 0 0 0 0 0 Accounting services 33 35 139 141 180 27 19 24 6 12 Other operating income 1) 11 7 25 20 194 27 19 24 6 12 Other operating income 44 42 164 160 375 1 344 976 941 353 322 Net commissions and other operating income 481 508 1 448 1 484 2 155 1) The sale of Youngstorget 5 AS resulted in a gain on disposal of NOK 163 million in the Group and was recognised in the fourth quarter of 2025. In the Parent bank’s financial statements, the gain is presented as a gain on the realisation of a subsidiary. PAGE 37 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 7 Net profit from financial assets and liabilities Parent bank Group Year Year to date Third quarter Third quarter Year to date Year 2025 2025 2026 2025 2026 2026 2025 2026 2025 2025 59 50 10 0 0 Dividends from equity investments at fair value through profit and loss 0 0 10 50 59 59 50 10 0 0 Dividends from shares and other equity instruments 0 0 10 50 59 446 446 738 15 0 Dividends from subsidiaries, associates and joint ventures 278 0 0 0 0 Gains or losses on realisation of subsidiaries, associates and joint ventures 0 0 0 0 0 Impairment on subsidiaries, associates and joint ventures 724 446 738 15 0 Net income from subsidiaries, associates and joint ventures (Parent Bank) Share of profit or loss of associates and joint ventures 122 160 444 371 517 Gains or losses on realisation of associates and joint ventures 0 0 0 0 3 Impairment on associates and joint ventures 0 0 0 0 0 Net income from associates and joint ventures (Group) 122 160 444 371 520 148 141 -320 -83 -262 Net change in value on certificates, bonds and fixed-income funds, excl. FX effects -262 -83 -320 144 151 -64 -63 344 100 225 Net change in value on derivatives that hedge securities above, excl. FX effects 225 100 344 -63 -64 84 79 24 17 -37 Net change in value on certificates, bonds and fixed-income funds including hedge derivatives -37 17 24 81 87 -262 -235 360 78 286 Net change in value of securities issued, excl. FX effects 286 78 360 -235 -262 262 242 -342 -68 -278 Net change in value in derivatives that hedge securities issued, excl. FX effects -278 -68 -342 242 262 0 7 18 10 8 Net change in value on securities issued including hedge derivatives 8 10 18 7 0 116 103 -66 8 5 Net change in value on fixed-rate loans to customers at fair value through profit and loss 5 8 -66 103 116 -112 -88 73 52 16 Net change in value on other derivatives 16 52 73 -88 -112 -111 -101 2 -31 1 Net change in value on equity instruments at fair value through profit and loss 1 -31 1 -102 -112 173 138 20 22 7 Gains or losses on realisation of assets at fair value through profit and loss 5 20 12 126 159 71 50 49 16 16 Net income from FX trading and -hedging 16 16 49 51 71 221 189 120 94 16 Net profit from other financial assets and liabilities 13 91 112 178 208 1 005 685 869 110 16 Net profit from financial assets and liabilities 135 252 566 600 788 PAGE 38 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 8 Operating expenses Parent bank Group Year Year to date Third quarter Third quarter Year to date Year 2025 2025 2026 2025 2026 2026 2025 2026 2025 2025 1 109 816 857 284 290 Personnel expenses 411 404 1 236 1 199 1 614 0 0 82 0 2 Severance programme 1) 2 0 82 0 0 1 109 816 939 284 292 Total personnel expenses 412 404 1 318 1 199 1 614 148 105 111 35 37 Depreciation and impairment 41 39 123 118 166 148 105 111 35 37 Total depreciation 41 39 123 118 166 526 383 365 114 120 ICT expenses 134 126 404 419 576 111 76 77 23 24 Marketing expenses 24 24 79 81 117 114 76 55 35 14 Operating expenses from real estate 17 38 66 84 125 58 33 66 11 1 Merger costs 1 11 66 38 67 300 215 188 61 66 Other expenses 96 83 282 293 408 1 109 784 751 244 224 Total other operating expenses 271 283 897 915 1 294 2 366 1 704 1 801 562 553 Total operating expenses 725 727 2 338 2 232 3 074 1) A provision of NOK 80 million was recognised in the first quarter in connection with a restructuring programme. For further information, please refer to the first-quarter 2026 report. PAGE 39 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 9 Provisions for credit losses The tables show isolated loss effects. 3rd quarter 2026 Isolated loss effects Retail market Corporate market Parent bank SpareBank 1 Finans Østlandet Group Change ECL due to period growth and migration -2 1 -1 1 0 Change ECL due to adjusted key assumptions and model changes 1 -10 -9 2 -7 Change ECL due to changed scenario weighting 0 0 0 0 0 Change in model-based loss provisions (stage 1 and 2) -1 -9 -11 3 -7 Change individual loss provisions (stage 3) 5 51 55 19 75 Net write-offs -3 16 13 12 24 Total losses 0 57 58 34 92 3rd quarter 2025 Isolated loss effects Retail market Corporate market Parent bank SpareBank 1 Finans Østlandet Group Change ECL due to period growth and migration 4 -43 -39 4 -35 Change ECL due to adjusted key assumptions and model changes 0 0 1 0 0 Change ECL due to changed scenario weighting 0 0 0 0 0 Change in model-based loss provisions (stage 1 and 2) 4 -43 -39 4 -35 Change individual loss provisions (stage 3) 9 127 136 -2 134 Net write-offs 0 15 15 6 21 Total losses 13 99 113 8 121 Year to date 2026 Isolated loss effects Retail market Corporate market Parent bank SpareBank 1 Finans Østlandet Group Change ECL due to period growth and migration 3 -38 -35 -3 -38 Change ECL due to adjusted key assumptions and model changes 7 32 39 11 50 Change ECL due to changed scenario weighting 0 0 0 0 0 Change in model-based loss provisions (stage 1 and 2) 10 -7 4 8 12 Change individual loss provisions (stage 3) 7 53 61 29 90 Net write-offs 8 69 77 30 108 Total losses 25 116 142 67 209 Year to date 2025 Isolated loss effects Retail market Corporate market Parent bank SpareBank 1 Finans Østlandet Group Change ECL due to period growth and migration 1 -56 -55 1 -54 Change ECL due to adjusted key assumptions and model changes -2 -33 -35 -5 -40 Change ECL due to changed scenario weighting 0 0 0 0 0 Change in model-based loss provisions (stage 1 and 2) -1 -89 -90 -3 -94 Change individual loss provisions (stage 3) 8 54 61 -59 2 Net write-offs 1 183 184 81 265 Total losses 8 147 155 18 173 Year 2025 Isolated loss effects Retail market Corporate market Parent bank SpareBank 1 Finans Østlandet Group Change ECL due to period growth and migration 2 30 31 -11 20 Change ECL due to adjusted key assumptions and model changes -30 -82 -112 1 -111 Change ECL due to changed scenario weighting 0 0 0 0 0 Change in model-based loss provisions (stage 1 and 2) -28 -53 -81 -10 -91 Change individual loss provisions (stage 3) 12 85 97 -36 61 Net write-offs 2 236 239 93 331 Total losses -14 269 255 47 301 PAGE 40 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 10 Credit institutions Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 Loans to and receivables from credit institutions 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 768 1 182 978 Loans and receivables at call 979 1 196 777 11 980 12 543 11 200 Loans and receivables with agreed maturities or notice 148 2 094 1 488 12 748 13 725 12 178 Total loans to and receivables from credit institutions 1 127 3 290 2 265 539 519 743 Cash collateral given 743 519 539 Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 Deposits from and liabilities to credit institutions 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 1 491 1 618 1 163 Loans and deposits at call 1 163 1 217 1 491 888 494 1 830 Loans and deposits with agreed maturities or notice 1 830 492 885 2 379 2 112 2 993 Total deposits from and liabilities to credit institutions 2 993 1 709 2 376 1 203 836 779 Cash collateral received 779 836 1 203 PAGE 41 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 11 Loans to and receivables from customers 30 September 2026 30 September 2025 31 December 2025 Gross loans ─ Group Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value Total Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value Total Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value Total Opening balance 132 974 14 147 3 324 10 521 160 966 129 668 15 864 2 557 11 269 159 358 129 668 15 864 2 557 11 269 159 358 Loans - Transfers in (out) to Stage 1 3 144 -3 046 -98 0 4 187 -4 133 -54 0 3 132 -3 084 -48 0 - Transfers in (out) to Stage 2 -3 817 3 861 -45 0 -4 708 4 778 -71 0 -5 368 5 418 -50 0 - Transfers in (out) to Stage 3 -124 -743 867 0 -157 -943 1 099 0 -163 -999 1 161 0 Net increase/decrease existing loans 1 070 -2 457 -196 -1 583 -3 708 -712 -126 -4 546 -4 205 -1 915 -136 -6 256 Purchases and origination 24 781 798 101 25 680 28 062 1 058 254 29 374 33 539 1 632 310 35 481 Derecognitions and maturities -16 144 -1 060 -440 -17 645 -20 647 -1 892 -231 -22 770 -23 629 -2 770 -160 -26 558 Write-offs -39 -39 -255 -255 -310 -310 Change in loan and advances to customers at fair value -1 366 -1 366 -508 -508 -748 -748 Closing balance 141 885 11 499 3 475 9 155 166 015 132 697 14 022 3 174 10 761 160 653 132 974 14 147 3 324 10 521 160 966 Loan and advances to customers at amortised cost 68 197 66 667 66 105 Loan and advances to customers at fair value 97 818 93 987 94 861 In connection with the technical merger carried out during the second quarter, the exposures of the former Totens Sparebank were migrated from the Eika Alliance’s IFRS 9 model to the SpareBank 1 Alliance’s IFRS 9 model. As a result of the model change, a new risk assessment of the exposures has been conducted, and exposures previously classified in Stage 2 may therefore be classified in Stage 1. This change does not necessarily reflect a change in the underlying credit risk of the exposures. PAGE 42 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 11 Loans to and receivables from customers (cont.) Provisions for credit losses Group Loan and advances to customers at amortised cost 30 September 2026 Loan and advances to customers at fair value OCI 30 September 2026 Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value 30 September 2026 Net lending 30 September 2026 Public sector 108 0 0 0 0 0 108 Primary industries 5 727 2 216 -6 -7 -13 551 8 468 Paper and pulp industries 1 149 465 -1 -1 0 38 1 649 Other industry 617 58 -46 -7 -52 1 572 Building and constructions 2 571 325 -8 -32 -81 50 2 826 Power and water supply 3 245 0 -6 0 0 0 3 239 Wholesale and retail trade 2 916 84 -9 -10 -21 10 2 970 Hotel and restaurants 607 23 -1 -1 0 15 642 Real estate 35 591 1 013 -65 -121 -349 139 36 207 Commercial services 6 052 1 092 -11 -15 -179 138 7 077 Transport and communication 2 437 196 -7 -9 -5 16 2 627 Gross corporate loans by sector and industry 61 019 5 470 -161 -203 -700 959 66 384 Total loans to private customers 7 178 83 208 -24 -37 -87 8 197 98 433 Adjustment fair value -15 15 0 Total loans to customers 68 197 88 663 -170 -240 -787 9 155 164 817 Loans transferred to SpareBank 1 Boligkreditt AS 81 278 Loans transferred to SpareBank 1 Næringskreditt AS 659 Total loans including loans transferred to covered bond companies 246 754 Other liabilities 1) 25 826 Total commitments including loans transferred to covered bond companies 272 579 1) Consists of guarantees, unused credits and loan commitments. PAGE 43 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 11 Loans to and receivables from customers (cont.) Provisions for credit losses Group Loan and advances to customers at amortised cost 30 September 2025 Loan and advances to customers at fair value OCI 30 September 2025 Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value 30 September 2025 Net lending 30 September 2025 Public sector 82 0 -1 -1 0 0 80 Primary industries 5 602 2 146 -7 -28 -11 606 8 308 Paper and pulp industries 1 166 373 -3 -3 -16 73 1 591 Other industry 1 590 51 -10 -15 -61 1 1 557 Building and constructions 2 695 260 -2 -35 -133 51 2 836 Power and water supply 2 497 0 -6 -2 -2 0 2 487 Wholesale and retail trade 2 724 82 -7 -11 -5 5 2 788 Hotel and restaurants 569 38 -2 -4 -2 6 604 Real estate 35 388 902 -74 -128 -242 150 35 996 Commercial services 5 025 881 -10 11 -119 148 5 936 Transport and communication 2 299 230 -2 -4 -2 19 2 540 Gross corporate loans by sector and industry 59 635 4 963 -123 -220 -592 1 059 64 721 Total loans to private customers 7 033 78 278 -22 -52 -67 9 701 94 871 Adjustment fair value -15 15 0 Total loans to customers 66 667 83 226 -130 -272 -659 10 761 159 592 Loans transferred to SpareBank 1 Boligkreditt AS 76 961 Loans transferred to SpareBank 1 Næringskreditt AS 745 Total loans including loans transferred to covered bond companies 237 298 Other liabilities 1) 21 824 Total commitments including loans transferred to covered bond companies 259 122 1) Consists of guarantees, unused credits and loan commitments. PAGE 44 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 11 Loans to and receivables from customers (cont.) Provisions for credit losses Group Loan and advances to customers at amortised cost 31 December 2025 Loan and advances to customers at fair value OCI 31 December 2025 Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value 31 December 2025 Net lending 31 December 2025 Public sector 152 0 0 0 0 0 152 Primary industries 5 597 2 265 -7 -10 -19 542 8 368 Paper and pulp industries 1 175 397 -1 -1 -16 72 1 626 Other industry 1 417 56 18 -8 -78 1 1 406 Building and constructions 2) 2 658 277 -7 -25 -125 51 2 829 Power and water supply 2 467 0 -4 -1 0 0 2 462 Wholesale and retail trade 3 079 83 -8 -12 -24 5 3 123 Hotel and restaurants 544 37 -1 -1 -1 15 593 Real estate 2) 34 322 785 -87 -133 -252 150 34 785 Commercial services 5 657 938 -30 -18 -104 131 6 573 Transport and communication 2 280 214 -6 -7 -9 19 2 491 Gross corporate loans by sector and industry 59 348 5 051 -133 -216 -628 986 64 408 Total loans to private customers 6 758 79 298 -17 -35 -78 9 535 95 460 Adjustment fair value -9 9 0 Total loans to customers 66 106 84 340 -142 -251 -706 10 521 159 868 Loans transferred to SpareBank 1 Boligkreditt AS 76 852 Loans transferred to SpareBank 1 Næringskreditt AS 695 Total loans including loans transferred to covered bond companies 237 415 Other liabilities 1) 21 722 Total commitments including loans transferred to covered bond companies 259 137 1) Consists of guarantees, unused credits and loan commitments. 2) Statistics Norway implemented a new standard for industry classification on 1 September 2025. As a result of this change, approximately NOK 3 billion has been reclassified from the “Building and Constructions” sector to the “Real Estate” sector in the third quarter of 2025. PAGE 45 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 11 Loans to and receivables from customers (cont.) 30 September 2026 30 September 2025 31 December 2025 Gross loans ─ Parent bank Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value Total Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value Total Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value Total Opening balance 122 100 12 626 2 934 10 521 148 182 116 613 14 135 2 294 11 269 144 311 116 613 14 135 2 294 11 269 144 311 Loans - Transfers in (out) to Stage 1 2 725 -2 655 -70 0 3 718 -3 666 -52 0 2 705 -2 659 -46 0 - Transfers in (out) to Stage 2 -3 256 3 282 -26 0 -4 031 4 085 -54 0 -4 615 4 648 -33 0 - Transfers in (out) to Stage 3 -93 -553 646 0 -81 -826 907 0 -79 -910 989 0 Net increase/decrease existing loans 2 482 -2 262 -146 74 -2 402 -506 -80 -2 987 -2 626 -1 635 -88 -4 349 Purchases and origination 21 015 565 1 21 581 27 090 869 235 28 195 31 637 1 373 277 33 287 Derecognitions and maturities -14 590 -783 -357 -15 730 -19 032 -1 657 -234 -20 922 -21 534 -2 326 -251 -24 111 Write-offs -39 -39 -168 -168 -208 -208 Change in loan and advances to customers at fair value -1 366 -1 366 -508 -508 -748 -748 Closing balance 130 384 10 219 2 944 9 155 152 702 121 875 12 436 2 848 10 761 147 920 122 100 12 626 2 934 10 521 148 182 Loan and advances to customers at amortised cost 54 884 53 933 53 321 Loan and advances to customers at fair value 97 818 93 987 94 861 In connection with the technical merger carried out during the second quarter, the exposures of the former Totens Sparebank were migrated from the Eika Alliance’s IFRS 9 model to the SpareBank 1 Alliance’s IFRS 9 model. As a result of the model change, a new risk assessment of the exposures has been conducted, and exposures previously classified in Stage 2 may therefore be classified in Stage 1. This change does not necessarily reflect a change in the underlying credit risk of the exposures. PAGE 46 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 11 Loans to and receivables from customers (cont.) Provisions for credit losses Parent bank Loan and advances to customers at amortised cost 30 September 2026 Loan and advances to customers at fair value OCI 30 September 2026 Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value 30 September 2026 Net lending 30 September 2026 Public sector 108 0 0 0 0 0 108 Primary industries 5 291 2 216 -5 -5 -13 551 8 035 Paper and pulp industries 775 465 0 0 0 38 1 277 Other industry 199 58 -44 -5 -51 1 158 Building and constructions 1 184 325 -1 -25 -78 50 1 455 Power and water supply 3 050 0 -5 0 0 0 3 045 Wholesale and retail trade 2 381 84 -7 -9 -8 10 2 451 Hotel and restaurants 593 23 -1 -1 0 15 628 Real estate 35 415 1 013 -66 -121 -302 139 36 078 Commercial services 4 071 1 092 -6 -12 -174 138 5 110 Transport and communication 682 196 -2 -2 0 16 890 Gross corporate loans by sector and industry 53 749 5 470 -137 -180 -625 959 59 235 Total loans to private customers 1 135 83 208 -17 -27 -71 8 197 92 425 Adjustment fair value -15 15 0 Total loans to customers 54 884 88 663 -138 -207 -696 9 155 151 661 Loans transferred to SpareBank 1 Boligkreditt AS 81 277 Loans transferred to SpareBank 1 Næringskreditt AS 659 Total loans including loans transferred to covered bond companies 233 597 Other liabilities 1) 25 605 Total commitments including loans transferred to covered bond companies 259 202 1) Consists of guarantees, unused credits and loan commitments. PAGE 47 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 11 Loans to and receivables from customers (cont.) Provisions for credit losses Parent bank Loan and advances to customers at amortised cost 30 September 2025 Loan and advances to customers at fair value OCI 30 September 2025 Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value 30 September 2025 Net lending 30 September 2025 Public sector 82 0 0 0 0 0 82 Primary industries 5 189 2 146 -7 -28 -9 607 7 898 Paper and pulp industries 806 373 0 0 -15 73 1 236 Other industry 1 179 51 -2 -7 -53 1 1 169 Building and constructions 1 327 260 -1 -34 -133 51 1 469 Power and water supply 2 335 0 -5 -1 0 0 2 329 Wholesale and retail trade 2 255 82 -7 -11 -5 5 2 319 Hotel and restaurants 556 38 -1 -1 -1 6 595 Real estate 35 222 902 -69 -123 -235 150 35 847 Commercial services 3 093 881 -5 16 -114 148 4 019 Transport and communication 507 230 -2 -3 -1 19 749 Gross corporate loans by sector and industry 52 549 4 963 -99 -191 -567 1 060 57 714 Total loans to private customers 1 384 78 278 -17 -44 -55 9 701 89 248 Adjustment fair value -15 15 0 Total loans to customers 53 933 83 226 -101 -236 -622 10 761 146 961 Loans transferred to SpareBank 1 Boligkreditt AS 76 961 Loans transferred to SpareBank 1 Næringskreditt AS 745 Total loans including loans transferred to covered bond companies 224 668 Other liabilities 1) 22 270 Total commitments including loans transferred to covered bond companies 246 937 1) Consists of guarantees, unused credits and loan commitments. PAGE 48 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 11 Loans to and receivables from customers (cont.) Provisions for credit losses Parent bank Loan and advances to customers at amortised cost 31 December 2025 Loan and advances to customers at fair value OCI 31 December 2025 Stage 1 Stage 2 Stage 3 Loan and advances to customers at fair value 31 December 2025 Net lending 31 December 2025 Public sector 152 0 0 0 0 0 152 Primary industries 5 180 2 265 -7 -8 -17 542 7 954 Paper and pulp industries 813 397 0 0 -14 72 1 267 Other industry 1 004 56 20 -6 -76 1 999 Building and constructions 2) 1 285 277 -1 -19 -117 51 1 476 Power and water supply 2 306 0 -3 -1 0 0 2 302 Wholesale and retail trade 2 576 83 -7 -11 -10 5 2 636 Hotel and restaurants 529 37 -1 -1 -1 15 578 Real estate 2) 34 202 785 -86 -130 -250 150 34 669 Commercial services 3 697 938 -25 -13 -98 131 4 629 Transport and communication 520 214 -2 -3 0 19 748 Gross corporate loans by sector and industry 52 262 5 051 -113 -192 -582 986 57 411 Total loans to private customers 1 059 79 298 -11 -27 -61 9 535 89 793 Adjustment fair value -9 9 0 Total loans to customers 53 321 84 340 -115 -219 -644 10 521 147 204 Loans transferred to SpareBank 1 Boligkreditt AS 76 852 Loans transferred to SpareBank 1 Næringskreditt AS 695 Total loans including loans transferred to covered bond companies 224 752 Other liabilities 1) 22 168 Total commitments including loans transferred to covered bond companies 246 919 1) Consists of guarantees, unused credits and loan commitments. 2) Statistics Norway implemented a new standard for industry classification on 1 September 2025. As a result of this change, approximately NOK 3 billion has been reclassified from the “Building and Constructions” sector to the “Real Estate” sector in the third quarter of 2025. PAGE 49 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 12 Accumulated provisions for expected credit losses 30 September 2026 30 September 2025 31 December 2025 Provisions for loan losses ─ Group Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Opening balance 173 281 714 1 169 171 376 680 1 227 171 376 680 1 227 Provision for credit losses - Transfers in (out) to Stage 1 15 -12 -3 0 16 -16 0 0 10 -10 0 0 - Transfers in (out) to Stage 2 -59 61 -2 0 -57 47 10 0 -53 51 1 0 - Transfers in (out) to Stage 3 -2 -93 95 0 -2 -27 29 0 0 -99 99 0 Net remeasurement of loss provisions 47 1 109 156 9 -86 217 140 15 -25 241 231 Purchases and originations 56 26 -32 51 44 21 4 70 50 28 14 93 Derecognitions and maturities -14 -14 -15 -43 -15 -28 0 -43 -20 -41 -11 -72 Write-offs 0 0 -75 -75 0 0 -274 -274 0 0 -310 -310 Closing balance 217 250 791 1 258 166 286 666 1 118 173 281 714 1 169 Provisions for guarantees and unused credit facilities 1) 32 9 3 45 21 16 5 41 24 30 8 62 1) Provision for losses on guarantees, unused credit and loan commitments. ECL has been calculated for credit institutions and central banks, but the effect is deemed insignificant and consequently not included in the write-downs. Group 31 December 2025 Provision for credit losses Net write-offs 30 September 2026 Provisions for loss on loans at amortised cost, guarantees and unused credit facilities 1 126 142 -65 1 204 Provisions for loan losses at fair value over OCI 43 11 1 54 Total provisions for credit losses 1 169 0 0 1 258 Presented as: Assets: Provisions for loan losses - decrease in assets 1 098 164 -64 1 198 Liabilities: Provisions for loan losses - increase in liabilities 62 -17 0 45 Equity: Fair value adjustment of losses 9 6 0 15 PAGE 50 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 12 Accumulated provisions for expected credit losses (cont) Group 31 December 2024 Provision for credit losses Net write-offs 30 September 2025 Provisions for loss on loans at amortised cost, guarantees and unused credit facilities 1 161 63 -169 1 055 Provisions for loan losses at fair value over OCI 65 -2 0 63 Total provisions for credit losses 1 226 61 -169 1 118 Presented as: Assets: Provisions for loan losses - decrease in assets 1 162 69 -169 1 062 Liabilities: Provisions for loan losses - increase in liabilities 49 -8 0 41 Equity: Fair value adjustment of losses 16 -1 0 15 Group 31 December 2024 Provision for credit losses Net write-offs 31 December 2025 Provisions for loss on loans at amortised cost, guarantees and unused credit facilities 1 161 275 -310 1 126 Provisions for loan losses at fair value over OCI 66 -23 0 43 Total provisions for credit losses 1 227 253 -310 1 169 Presented as: Assets: Provisions for loan losses - decrease in assets 1 162 246 -310 1 098 Liabilities: Provisions for loan losses - increase in liabilities 49 14 -1 62 Equity: Fair value adjustment of losses 16 -7 0 9 30 September 2026 30 September 2025 31 December 2025 Provisions for loan losses ─ Parent bank Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Opening balance 148 249 652 1 049 136 342 583 1 060 136 342 583 1 061 Provision for credit losses - Transfers in (out) to Stage 1 5 -5 0 0 8 -8 0 0 3 -3 0 0 - Transfers in (out) to Stage 2 -57 58 -1 0 -53 43 10 0 -48 46 2 0 - Transfers in (out) to Stage 3 -2 -88 90 0 -1 -23 24 0 1 -96 95 0 Net remeasurement of loss provisions 57 -8 74 123 23 -95 203 132 31 -30 213 215 Purchases and originations 45 19 -44 20 36 16 4 55 40 24 9 73 Derecognitions and maturities -11 -10 -33 -53 -12 -24 -9 -45 -15 -34 -41 -90 Write-offs 0 0 -39 -39 0 0 -188 -188 0 0 -209 -209 Closing balance 185 216 699 1 101 137 251 627 1 015 148 249 652 1 049 Provisions for guarantees and unused credit facilities 1) 32 9 3 45 21 16 5 41 24 30 8 62 1) Provision for losses on guarantees, unused credit and loan commitments. PAGE 51 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 12 Accumulated provisions for expected credit losses (cont) ECL has been calculated for credit institutions and central banks, but the effect is deemed insignificant and consequently not included in the write-downs. Parent bank 31 December 2025 Provision for credit losses Net write-offs 30 September 2026 Provisions for loss on loans at amortised cost, guarantees and unused credit facilities 1 009 80 -40 1 049 Provisions for loan losses at fair value over OCI 40 11 1 52 Total provisions for credit losses 1 049 91 -39 1 101 Presented as: Assets: Provisions for loan losses - decrease in assets 978 101 -39 1 041 Liabilities: Provisions for loan losses - increase in liabilities 60 -16 0 45 Equity: Fair value adjustment of losses 9 6 0 15 Parent bank 31 December 2024 Provision for credit losses Net write-offs 30 September 2025 Provisions for loss on loans at amortised cost, guarantees and unused credit facilities 994 127 -169 953 Provisions for loan losses at fair value over OCI 65 -3 0 62 Total provisions for credit losses 1 060 124 -169 1 015 Presented as: Assets: Provisions for loan losses - decrease in assets 995 132 -169 958 Liabilities: Provisions for loan losses - increase in liabilities 49 -8 0 41 Equity: Fair value adjustment of losses 16 -1 0 15 Parent bank 31 December 2024 Provision for credit losses Net write-offs 31 December 2025 Provisions for loss on loans at amortised cost, guarantees and unused credit facilities 994 223 -209 1 009 Provisions for loan losses at fair value over OCI 65 -25 0 40 Total provisions for credit losses 1 060 198 -209 1 049 Presented as: Assets: Provisions for loan losses - decrease in assets 995 192 -209 979 Liabilities: Provisions for loan losses - increase in liabilities 49 12 -1 61 Equity: Fair value adjustment of losses 16 -7 0 9 PAGE 52 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 13 Financial derivatives Parent bank and Group Fair value 30 September 2026 Contract amount Assets Liabilities Currency instruments Currency forward contracts 743 7 13 Currency swaps 2 646 17 20 Total currency instruments 3 389 23 33 Interest rate instruments Interest rate swaps (including interest rate currency swaps) 105 534 1 605 1 844 Other interest rate contracts 0 0 0 Total interest rate instruments 105 534 1 605 1 844 Total financial derivatives 108 923 1 628 1 876 Fair value 30 September 2025 Contract amount Assets Liabilities Currency instruments Currency forward contracts 644 9 4 Currency swaps 3 354 20 23 Total currency instruments 3 998 29 28 Interest rate instruments Interest rate swaps (including interest rate currency swaps) 101 837 1 773 1 511 Other interest rate contracts 0 0 0 Total interest rate instruments 101 837 1 773 1 511 Total financial derivatives 105 835 1 802 1 538 Fair value 31 December 2025 Contract amount Assets Liabilities Currency instruments Currency forward contracts 317 3 3 Currency swaps 3 445 14 9 Total currency instruments 3 762 17 11 Interest rate instruments Interest rate swaps (including interest rate currency swaps) 100 018 1 949 1 327 Other interest rate contracts 0 0 0 Total interest rate instruments 100 018 1 949 1 327 Total financial derivatives 103 781 1 965 1 338 PAGE 53 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 14 Financial instruments at fair value The table below shows financial instruments at fair value by valuation method. The different levels are defined as follows: • Level 1: Quoted prices for similar asset or liability on an active market • Level 2: Valuation based on other observable factors either direct (price) or indirect (derived from prices) than the quoted price (used on level 1) for the asset or liability • Level 3: Valuation based on factors not based on observable market data (non-observable inputs) 30 September 2026 Level 1 Level 2 Level 3 Total Assets Financial assets at fair value through profit and loss - Derivatives 0 1 628 0 1 628 - Certificates, bonds and fixed-income funds 0 37 979 0 37 979 - Fixed-rate loans to customers 0 0 9 155 9 155 - Equity instruments 253 33 201 486 - Mortgages (FVOCI) 0 0 88 619 88 619 Total assets 253 39 641 97 975 137 868 Liabilities Financial liabilities at fair value - Derivatives 0 1 876 0 1 876 Total liabilities 0 1 876 0 1 876 30 September 2025 Level 1 Level 2 Level 3 Total Assets Financial assets at fair value through profit and loss - Derivatives 0 1 802 0 1 802 - Certificates, bonds and fixed-income funds 0 37 321 0 37 321 - Fixed-rate loans to customers 0 0 10 761 10 761 - Equity instruments 249 33 467 750 - Mortgages (FVOCI) 0 0 83 178 83 178 Total assets 249 39 156 94 406 133 812 Liabilities Financial liabilities at fair value - Derivatives 0 1 538 0 1 538 Total liabilities 0 1 538 0 1 538 31 December 2025 Level 1 Level 2 Level 3 Total Assets Financial assets at fair value through profit and loss - Derivatives 0 1 965 0 1 965 - Certificates, bonds and fixed-income funds 0 39 226 0 39 226 - Fixed-rate loans to customers 0 0 10 521 10 521 - Equity instruments 272 33 189 494 - Mortgages (FVOCI) 0 0 84 307 84 307 Total assets 272 41 224 95 016 136 513 Liabilities Financial liabilities at fair value - Derivatives 0 1 338 0 1 338 Total liabilities 0 1 338 0 1 338 PAGE 54 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 14 Financial instruments at fair value (cont.) The table below presents the changes in value of the instruments classified in level 3 Year to date 2026 Fixed-rate loans to customers Equity instruments Mortgages (FVOCI) Total Opening balance 10 521 189 84 307 95 016 Investments in the period 438 0 13 477 13 915 Sales/redemption in the period -1 740 0 -9 155 -10 895 Gains/losses recognised through profit and loss -64 12 -16 -68 Gains/losses recognised through other comprehensive income 0 0 6 6 Closing balance 9 155 201 88 619 97 975 Gains/losses for the period included in profit and loss for assets owned on the balance sheet date -64 12 -16 -68 Year to date 2025 Fixed-rate loans to customers Equity instruments Mortgages (FVOCI) Total Opening balance 11 269 1 008 79 025 91 303 Investments in the period 861 49 17 054 17 963 Sales / redemption in the period -1 473 -639 -12 903 -15 015 Gains / losses recognised through profit and loss 103 50 3 156 Gains/losses recognised through other comprehensive income 0 0 -1 -1 Closing balance 10 761 467 83 178 94 406 Gains/losses for the period included in profit and loss for assets owned on the balance sheet date 103 8 3 115 Year 2025 Fixed-rate loans to customers Equity instruments Mortgages (FVOCI) Total Opening balance 11 269 1 008 79 025 91 303 Investments in the period 972 0 20 474 21 446 Sales/redemption in the period -1 835 -873 -15 209 -17 918 Gains/losses recognised through profit and loss 116 54 23 192 Gains/losses recognised through other comprehensive income 0 0 -7 -7 Closing balance 10 521 189 84 307 95 016 Gains/losses for the period included in profit and loss for assets owned on the balance sheet date 116 -9 23 130 Specification of fair value, instruments classified in level 3 30 September 2026 Fixed-rate loans to customers Equity instruments Mortgages (FVOCI) Total Nominal value including accrued interest (fixed income instruments) / cost (shares) 9 407 133 88 663 98 203 Fair value adjustment -252 68 -44 -228 Closing balance 9 155 201 88 619 97 975 30 September 2025 Fixed-rate loans to customers Equity instruments Mortgages (FVOCI) Total Nominal value including accrued interest (fixed income instruments) / cost (shares) 10 961 388 83 226 94 575 Fair value adjustment -201 80 -48 -169 Closing balance 10 761 467 83 178 94 406 31 December 2025 Fixed-rate loans to customers Equity instruments Mortgages (FVOCI) Total Nominal value including accrued interest (fixed income instruments) / cost (shares) 10 709 133 84 340 95 182 Fair value adjustment -188 56 -34 -166 Closing balance 10 521 189 84 307 95 016 Sensitivity, instruments classified in level 3 An increase of 10 basis points in the discount rate applied to fixed-rate loans to customers is estimated to reduce fair value by approximately NOK 15 million. For other financial instruments classified as level 3, the valuation is based on assumptions and judgements where the effect of changes in individual inputs is not considered to provide a meaningful representation of the overall valuation uncertainty. Further information on valuation techniques and sensitivity considerations is provided in Note 26 in the 2025 Annual Report. PAGE 55 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 15 Deposits from and liabilities to customers Parent bank Group 31 Dec. 2025 30 Sep. 2025 30 Sep. 2026 Deposits by sector and industry 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 76 523 76 344 80 192 Retail market 80 192 76 344 76 523 11 180 12 430 13 816 Public sector 13 816 12 430 11 180 1 998 2 211 2 189 Primary industries 2 189 2 211 1 998 930 880 825 Paper and pulp industries 825 880 930 1 587 4 348 1 365 Other industry 1 365 4 348 1 587 2 801 2 536 2 350 Building and construction 2 350 2 536 2 801 721 678 0 Power and water supply 0 678 721 2 291 2 311 2 620 Wholesale and retail trade 2 620 2 311 2 291 516 551 520 Hotel and restaurants 520 551 516 7 296 8 194 7 653 Real estate 7 653 8 194 7 296 27 105 23 156 25 558 Commercial services 25 565 23 142 27 080 2 310 2 057 2 646 Transport and communications 2 646 2 057 2 310 135 259 135 697 139 735 Total deposits from and liabilities to customers 139 742 135 683 135 234 PAGE 56 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 16 Debt securities issued Change in debt securities issued - Group 30 Sep. 2026 Issued Due / redeemed Other changes 31 Dec. 2025 Certificate debt, nominal value 0 0 0 0 0 Bond debt, nominal value 28 589 3 000 -1 520 -2 598 29 707 Senior non-preferred, nominal value 10 824 3 275 0 -3 219 10 768 Subordinated loan capital, nominal value 2 628 0 0 0 2 628 Accrued interest 359 0 0 -135 494 Valuation adjustments 1) -206 0 0 -1 979 1 773 Total debt raised through issuance of securities and subordinated loan capital, book value 42 193 6 275 -1 520 -7 931 45 369 1) Of which unrealised foreign exchange rate adjustment of NOK -1 628 million for the period. Accumulated unrealised foreign exchange adjustment as of the balance sheet date amounts to NOK 871 million. Change in debt securities issued - Parent bank 30 Sep. 2026 Issued Due / redeemed Other changes 31 Dec. 2025 Certificate debt, nominal value 0 0 0 0 0 Bond debt, nominal value 28 589 3 000 -1 520 -2 598 29 707 Senior non-preferred, nominal value 10 824 3 275 0 -3 219 10 768 Subordinated loan capital, nominal value 2 600 0 0 0 2 600 Accrued interest 359 0 0 -135 494 Valuation adjustments 1) -206 0 0 -1 979 1 773 Total debt raised through issuance of securities and subordinated loan capital, book value 42 166 6 275 -1 520 -7 931 45 342 1) Of which unrealised foreign exchange rate adjustment of NOK -1 628 million for the period. Accumulated unrealised foreign exchange adjustment as of the balance sheet date amounts to NOK 871 million. Change in debt securities issued - Group 30 Sep. 2025 Issued Due / redeemed Other changes 31 Dec. 2024 Covered bonds, nominal value 2) 0 0 0 -2 088 2 088 Certificate-based debt, nominal value 0 0 -200 0 200 Bond debt, nominal value 30 551 0 -2 797 466 32 881 Senior non-preferred, nominal value 10 768 3 518 -2 500 0 9 750 Subordinated loan capital, nominal value 2 628 400 0 0 2 228 Accrued interest 373 0 0 -148 521 Value adjustments 1) 1 512 0 0 117 1 395 Total debt raised through issuance of securities and subordinated loan capital, book value 45 831 3 918 -5 497 -1 653 49 063 1) Of which unrealised foreign exchange rate adjustment of NOK -130 for the period. Accumulated unrealised foreign exchange adjustment as of the balance sheet date amounts to NOK 2 272 million. 2) SpareBank 1 Boligkreditt AS was substituted for Totens Sparebank Boligkreditt AS as the debtor with respect to the covered bonds in the first quarter of 2025. Change in debt securities issued - Parent bank 30 Sep. 2025 Issued Due / redeemed Other changes 31 Dec. 2024 Certificate-based debt, nominal value 0 0 -200 0 200 Bond debt, nominal value 30 551 0 -2 797 466 32 881 Senior non-preferred, nominal value 10 768 3 518 -2 500 0 9 750 Subordinated loan capital, nominal value 2 600 400 0 0 2 200 Accrued interest 373 0 0 -137 510 Value adjustments 1) 1 512 0 0 115 1 397 Total debt raised through issuance of securities and subordinated loan capital, book value 45 804 3 918 -5 497 444 46 938 1) Of which unrealised foreign exchange rate adjustment of NOK -130 million for the period. Accumulated unrealised foreign exchange adjustment as of the balance sheet date amounts to NOK 2 272 million. Change in debt securities issued - Group 31 Dec. 2025 Issued Due / redeemed Other changes 31 Dec. 2024 Covered bonds, nominal value 2) 0 0 0 -2 088 2 088 Certificate debt, nominal value 0 0 -200 0 200 Bond debt, nominal value 29 707 0 -3 797 622 32 881 Senior non-preferred, nominal value 10 768 3 518 -2 500 0 9 750 Subordinated loan capital, nominal value 2 628 400 0 0 2 228 Accrued interest 494 0 0 -27 521 Valuation adjustments 1) 1 773 0 0 378 1 395 Total debt raised through issuance of securities and subordinated loan capital, book value 45 369 3 918 -6 497 -1 115 49 063 1) Of which unrealised foreign exchange rate adjustment of NOK 97 million for the period. Accumulated unrealised foreign exchange adjustment as of the balance sheet date amounts to NOK 2 499 million. 2) SpareBank 1 Boligkreditt AS was substituted for Totens Sparebank Boligkreditt AS as the debtor with respect to the covered bonds in the first quarter of 2025. Change in debt securities issued - Parent bank 31 Dec. 2025 Issued Due / redeemed Other changes 31 Dec. 2024 Certificate debt, nominal value 0 0 -200 0 200 Bond debt, nominal value 29 707 0 -3 797 622 32 881 Senior non-preferred, nominal value 10 768 3 518 -2 500 0 9 750 Subordinated loan capital, nominal value 2 600 400 0 0 2 200 Accrued interest 494 0 0 -16 510 Valuation adjustments 1) 1 773 0 0 376 1 397 Total debt raised through issuance of securities and subordinated loan capital, book value 45 342 3 918 -6 497 982 46 938 1) Of which unrealised foreign exchange rate adjustment of NOK 97 million for the period. Accumulated unrealised foreign exchange adjustment as of the balance sheet date amounts to NOK 2 499 million. PAGE 57 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 17 Earnings per equity capital certificate Earnings per equity capital certificate (ECC) Year to date 2026 Year to date 2025 Year 2025 Net profit for the Group 2 409 2 660 3 549 - adjusted for Tier 1 capital holders' share of net profit 102 105 138 - adjusted for non-controlling interests' share of net profit 22 27 33 Adjusted net profit 2 285 2 529 3 377 Adjusted net profit allocated to ECC holders 1 671 1 851 2 471 Average number of equity capital certificates 135 860 724 135 860 724 135 860 724 Result per average equity capital certificate (NOK) 12.30 13.62 18.19 Equity capital certificate (Parent Bank) 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 Equity capital certificates 6 793 6 793 6 793 Premium fund 2 682 2 682 2 682 Dividend equalisation fund 7 943 7 337 6 199 A. Equity capital certificate owners' capital 17 419 16 812 15 674 Primary capital 6 170 5 947 5 529 Compensation fund 174 174 174 Provision for gifts 60 45 45 B. Total primary capital 6 404 6 165 5 748 Fund for unrealised gains 411 371 351 Allocated to dividends and other equity capital 0 0 1 725 Allocated to dividends on customers return 0 0 633 Total equity excl. hybrid capital 24 234 23 349 24 131 Equity capital certificate ratio (A/(A+B)) 73.1 % 73.2 % 73.2 % 30 Sep. 2026 30 Sep. 2025 31 Dec. 2025 Equity capital certificates issued 135 860 724 135 860 724 135 860 724 Average equity capital certificates 135 860 724 135 860 724 135 860 724 PAGE 58 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Note 18 Events occurring after the balance sheet date No events have occurred since the balance sheet date that are material to the interim financial statements as prepared. PAGE 59 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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Other information EQUITY CAPITAL CERTIFICATE 20 largest holders of equity capital certificates (SPOL) 3Q 2026 3Q 2025 20 largest holders of equity capital certificates (SPOL) No. of ECCs Share in per cent No. of ECCs Change Sparebankstiftelsen Hedmark 60 404 892 44.46 % 60 404 892 0 Totens Sparebankstiftelse 11 713 364 8.62 % 11 713 364 0 Landsorganisasjonen i Norge 11 121 637 8.19 % 11 121 637 0 Skandinaviska Enskilda Banken AB (nominee) 6 834 664 5.03 % 6 819 664 15 000 VPF Eika Egenkapitalbevis 4 017 114 2.96 % 3 323 239 693 875 Geveran Trading Co LTD 2 776 176 2.04 % 2 776 176 0 Fellesforbundet 2 391 954 1.76 % 2 391 954 0 Kommunal Landspensjonskasse Gjensidig Forsikring 2 045 072 1.51 % 2 044 072 1 000 Brown Brothers Harriman & Co. (nominee) 1 622 873 1.19 % 1 957 539 -334 666 State Street Bank and Trust Company (nominee) 1 421 068 1.05 % 679 108 741 960 Norsk Nærings- og Nytelsesmiddelarbeiderforbund 1 313 555 0.97 % 1 313 555 0 Brown Brothers Harriman & Co. (nominee) 1 151 100 0.85 % 1 151 100 0 Spesialfondet Borea Utbytte 944 435 0.70 % 1 284 887 -340 452 Forbundet Styrke 765 049 0.56 % 479 443 285 606 JP Morgan Chase Bank (nominee) 653 571 0.48 % 0 653 571 Fagforbundet 622 246 0.46 % 622 246 0 State Street Bank and Trust Company (nominee) 427 268 0.31 % 713 161 -285 893 JP Morgan Chase Bank (nominee) 418 251 0.31 % 26 177 392 074 Brown Brothers Harriman & Co. (nominee) 346 570 0.26 % 394 499 -47 929 MP Pensjon PK 334 766 0.25 % 433 222 -98 456 Total 20 largest owners of equity capital certificates 111 325 625 81.94 % 109 649 935 1 675 690 Other owners 24 535 099 18.06 % 26 210 789 -1 675 690 Total no. of equity capital certificates 135 860 724 100.00% 135 860 724 0 Price development in the ECC (SPOL) compared to share price indices Total returns (dividend adjusted). Index = 100 at start date in the chart 80 100 120 140 160 180 200 OSEEX OSEBX SPOL September 2024 – September 2026 Source: Macrobond, own calculations September 2024 – September 2026 0 500 1 000 1 500 2 000 2 500 Number of ECCs (left axis) 0 100 200 300 400 500 Turnover (right axis) Trade in the equity capital certificate (SPOL) Number of ECCs (1000s) and turnover (NOK million per month) PAGE 60 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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DIVIDEND POLICY SpareBank 1 Østlandet puts emphasis on giving its owners a competitive and stable cash dividend, based on good profitability and high dividend capacity. The bank targets payments of at least 50 per cent of annual profits after taxes in dividends to the owners of equity certificates and as customer dividends from the ownerless capital. The decision to pay dividends is assessed in light of possible extraordinary income and costs, as well as taking into account expected profit developments and regulatory changes with expected consequences for capital adequacy. The bank's long-term target for profitability is a return on equity of 13 per cent. SpareBank 1 Østlandet’s operations in a cyclically stable region of Norway and a high share of mortgage loans contribute to a loan portfolio with low risk. The bank’s target for solidity is captured by a long-term target for the CET 1-ratio of a 100 basis points management buffer above regulatory requirements. The combination of high profitability and solidity in a stable market region with a robust loan portfolio provides the bank with a strong foundation to maintain the targeted dividend share, also during times of economic downturns. Following a proposal from the Board of Directors, the Supervisory Board decides each year on the share of profits after taxes which will be distributed as dividends to ECC owners and the ownerless capital, proportionally in accordance with their relative share of the bank's equity. The share of profits belonging to the ownerless capital is expected to be paid to the bank's customers as customer dividends. The customer dividend should prevent a dilution of the ECC holders' ownership stake in the bank. CONTACT DETAILS Klara-Lise Aasen Chief Executive Officer klara-lise.aasen@sb1ostlandet.no Geir-Egil Bolstad Chief Financial Officer Tel.: +47 918 82 071 geir-egil.bolstad@sb1ostlandet.no Bjørn-Erik Orskaug Head of Investor Relations Tel.: +47 922 39 185 bjorn-erik.orskaug@sb1ostlandet.no FINANCIAL CALENDAR 2027 Date Theme 12 February Q4 2026 Quarterly Report 10 March Annual Report 2026 1 April Supervisory Board Meeting 5 May Q1 2027 Quarterly Report 12 August Q2 2027 Quarterly Report 3 November Q3 2027 Quarterly Report As a general rule, the accounts will be published before the stock exchange’s open hours, unless otherwise stated. We reserve the right to change any dates of publication. This information is subject to the disclosure requirements acc. to § 5-1 vphl (Norwegian Securities Trading Act). The silent period occurs from the fifth banking day of the new quarter and until the interim report has been published. During this period, Investor Relations does not arrange any meetings with media, investors, analysts or other capital market players. This report has been translated using artificial intelligence and manually reviewed for accuracy. PAGE 61 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION
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About SpareBank 1 Østlandet SpareBank 1 Østlandet is the country’s fourth largest savings bank group, with more than 1 300 competent and proud employees. Over 180 years, we have built a solid market position in Eastern Norway by being accessible and providing services to individuals and businesses in both rural and urban markets. Today, we are physically present with a broad network of offices in Oslo, Akershus, Buskerud, Østfold and Innlandet. Through the bank’s subsidiaries, the SpareBank 1 Alliance’s affiliated product companies, and ownership interests in Fremtind Insurance, we are a complete financial services provider for our retail and corporate customers. The group is publicly listed and has its headquarters in Hamar. We have deep roots in Eastern Norway. For generations, we have contributed to value creation in the market area, and our vision is to further develop the region. Telephone Retail + 47 915 07040 Corporate +47 915 07050 Email Retail customer centre: post@sb1ostlandet.no Corporate customer centre: bedrift@sb1ostlandet.no Website sb1ostlandet.no Group administration Strandgata 15 Postbox 203, 2302 Hamar Organisation number 920 426 530 SpareBank 1 Østlandet SB1 Finans Østlandet SB1 ForretningsPartner Østlandet EiendomsMegler 1 Østlandet OSLO Løten Våler Engerdal Alvdal Storhamar Årnes Råholt Raufoss Moelv Drammen Asker Lørenskog Økern Grorud Majorstua Ski Tveita Skarnes Skotterud (Eidskog) RenaBøler Lambertseter Søndre Nordstrand Gamle Oslo Torshov Tonsen Stovner Lier Y5 Gjøvik Stange Flisa Trysil Koppang Fredrikstad Halden Sandvika Jessheim Lillestrøm Lillehammer Lena Brumunddal HAMAR Kongsvinger Elverum Tynset Otnes (Rendalen) Fornebu Kirkenær BUSKERUD INNLANDET AKERSHUS VESTFOLD ØSTFOLD PAGE 62 BROWSE SEARCH KEY FIGURES | ACCOUNTS | REPORT OF THE BOARD OF DIRECTORS | STATEMENTS | NOTES | OTHER INFORMATION