Sparebanken Vest has, together with the 22 other owners in Frende Holding AS
(«Frende»), today 19th of January 2024 entered into an agreement with Haugesund
Sparebank to acquire 103 292 shares, responding to 1,528 per cent, at NOK 520.00
per share in Frende. The transfer of shares is subject to approval from the
board in Frende.

For further information, please contact: 
Jan Erik Kjerpeseth, CEO, tel.: (+47) 951 98 430 

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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