Instabank ASA – Exercise of subscription rights in the subsequent offering by primary insiders and close associates

Oslo, 24 November 2025: Reference is made to the stock exchange announcements made by Instabank ASA (the "Company") on 7 November 2025 and 12 November 2025 regarding the subsequent offering of up to 10,000,000 new shares in the Company (the "Offer Shares") at a subscription price of NOK 2.90 per Offer Share (the "Subsequent Offering").

The Company has today been informed that the following primary insiders and close associates have exercised subscription rights:

- Karen Therese Edelberg (Chief Risk & Compliance Officer) has exercised 3,670 subscription rights and oversubscribed for Offer Shares, and will be allocated 7,783 Offer Shares in the Subsequent Offering.

- Odd Harald Hauge (board member) through Barske Gleder AS has exercised 78,234 subscription rights and oversubscribed for Offer Shares, and will be allocated 165,947 Offer Shares in the Subsequent Offering.

- Lill Anita Skålbones Grimstad (close associate of Robert Berg, CEO) has exercised 124,572 subscription rights and oversubscribed for Offer Shares, and will be allocated 264,241 Offer Shares in the Subsequent Offering.

Please see the attached forms of notification and public disclosure for further information.

This information is subject to the disclosure requirements set out in set out in the Market Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act section 5-12.