Due to the Bank of Norway interest rate increase, Sparebanken Sør has decided to
adjust interest rates on mortgage by up to 0.15 percentage points and deposit by
up to 0.25 percentage points.

- Many of our private customers has had a large increase in costs the last year.
Because of that we adjust the interest rates on mortgage lower than the Bank of
Norway. 

Customers affected will receive information in the online bank or by mail about
how the interest rate change affects them.

The interest rates for new mortgages are effective as of 21 December 2023.  The
interest rates for existing mortgages are changed effective from 21 February
2024, and savings from 21 February 2024.

Contact person in Sparebanken Sør:
Geir, Bergskaug, CEO, tel. +47 90 12 72 06
Eva Kvelland, Director of Market and Communication, tel. +47 90 53 44 52

This information is required due to the Securities Trading Act § 5-12.

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