Increase of Share Capital Registered

Share capital increase by monetary contribution related to exercise of share options to subscribe for 1,120,671 shares and resolution to increase the share capital dated 11 March 2025 has today been registered with the Norwegian Register of Business Enterprises. The share options are exercised in accordance with the terms of the employee stock option plan. Following the issuance of the new shares, the share capital of Morrow Bank ASA is NOK 230,891,457 consisting of 230,891,457 shares, each of par value NOK 1.00.