Sparebanken Sør has today issued a new Tier 2 bond of NOK 250 million, with a
floating coupon rate. The coupon is equal to 3 month Nibor + 1.85 percentage
points. Settlement date is 16 April 2024. The Tier 2 issue has a first-time call
option for the bank on 16 July 2029, subject to approval from the Financial
Supervisory Authority of Norway, if required. 

The bonds will be applied for listing on Nordic ABM, and the new issue has been
approved by the issuer's general meeting. 

Bookrunner: SEB 

Kristiansand, 8 April 2024 

Contacts, Sparebanken Sør: 
Geir-Are Kårvik, +47 934 96 044
Eirik Letnes Wuttudal, +47 905 10 964

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