Reference is made to stock exchange notice dated25 March 2021 stating that the Supervisory Boards inSpareBank 1 BV andSparebanken Telemark have approved the merger of the two banks. Today,9 April 2021 , theNorwegian Competition Authority has cleared the transaction. The merger is contemplated to be finalised on1 June 2021 . Contact persons:SpareBank 1 BV :Rune Fjeldstad , CEO, tel. + 47 900 79 017Finn Haugan , Chair, tlf. + 47 900 41 002Sparebanken Telemark : Per Halvorsen, CEO, tel. +47 934 07 441 Anne Berg Behring, Chair, tel. +47 930 30 889 This information is disclosed pursuant to the requirements of the Securities Trading Act § 5-12
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