SPAREBANKEN VEST

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Sparebanken Vest: Mandatory notification of trade

11/04/2021 | 03:31pm

The employees of Sparebanken Vest have committed to purchasing equity
certificates as part of the bank's savings program ("SVEG-programmet"). Price is
set based on market prices in the subscription period. In the bank's ordinary
savings program for employees ("Spareordningen"), Sparebanken Vest has received
subscriptions for equity certificates corresponding to a value of NOK
14,910,000
, including subscriptions by primary insiders. The equity certificates
under "Spareordningen" will be sold to the employee, following a discount in
accordance with Norwegian tax law.

In the bank's extended program ("Utvidet spareordning), Sparebanken Vest has
received subscriptions for equity certificates corresponding to a value of NOK
16,680,000
, including subscriptions by primary insiders. The equity certificates
under "Utvidet spareordning" will be sold to the employee at a discount and a 36
month lock-up obligation. In both programs, Sparebanken Vest has received
subscriptions for equity certificates corresponding to a value of NOK 31,590,000
in total.

Allocation will take place on or around 6th December 2021. Allocation will be
from the bank's own holding of equity certificates. The attached list shows
amounts subscribed for by primary insiders.

Bergen, 4th November 2021
Sparebanken Vest

For further information, contact:
CEO, Jan Erik Kjerpeseth, tel.: +47 951 98 430 and e-mail: jan.kjerpeseth@spv.no

CFO, Frank Johannesen, tel.: +47 952 65 971 and e-mail: frank.johannesen@spv.no
Director Finance & Investor Relations, Hans Olav Ingdal, tel.: +47 948 09 328
and e-mail: hans.ingdal@spv.no

This information is subject to disclosure requirements pursuant to Section 5-12
in the Norwegian Securities Trading Act, cf. Section 4-2.


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