SpareBank 1 SMN: Mandatory notification of trade - Savings programme

SpareBank 1 SMN has on 8 May purchased 57,684 equity certificates at a price of
NOK 76.01 per equity certificate for use in the group's savings programme for
employees.

After this transaction the bank owns 58,379 ECC's.

Reference is made to the stock exchange notice dated 17 December 2019 for more
information about the savings scheme. Reference is also made to the stock
exchange notice of 26 March 2020, in which the authorization to buy back equity
certificates is included in the resolution from SpareBank 1 SMN's Supervisory
Board.

Trondheim, 8 May 2020

Contact person in SpareBank 1 SMN:
Executive Vice President, Finance, Kjell Fordal, tel. 905 41 672

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