SpareBank 1 SMN. Mandatory notification of trade - SpareBank 1 SMN's savings programme allocates equity certificates

The equity certificates purchased by SpareBank 1 SMN on 8 and 9 December 2020
for use in the group's savings programme for employees, have been distributed to
the employees at a price of NOK 94.87 per equity certificate in accordance with
their savings amount.

After allocation the bank owns 695 equity certificates.

As participants in the savings programme, the primary insiders below have been
allocated equity certificates as follows:

+---------------------+---------------------------+----------------------------+
|Name: |Allocated no. equity |New total holding of equity |
| |certificates: |certificates*: |
+---------------------+---------------------------+----------------------------+
|Cathrine Aunvik | 64| 1,882|
+---------------------+---------------------------+----------------------------+
|Rolf Jarle Brøske | 64| 10,205|
+---------------------+---------------------------+----------------------------+
|Tomm Bøyesen | 64| 6,244|
+---------------------+---------------------------+----------------------------+
|Kjell Fordal | 64| 246,304|
+---------------------+---------------------------+----------------------------+
|Vegard Helland | 64| 35,194|
+---------------------+---------------------------+----------------------------+
|Kjersti Hønstad | 64| 4,906|
+---------------------+---------------------------+----------------------------+
|Jan-Frode Janson | 64| 40,281|
+---------------------+---------------------------+----------------------------+
|Unni Larsen | 64| 1,231|
+---------------------+---------------------------+----------------------------+
|Inge Lindseth | 64| 8,905|
+---------------------+---------------------------+----------------------------+
|Oddny Lysberg | 64| 1,842|
+---------------------+---------------------------+----------------------------+
|Nelly Maske | 64| 21,135|
+---------------------+---------------------------+----------------------------+
|Ola Neråsen | 64| 42,756|
+---------------------+---------------------------+----------------------------+
|Arne Nypan | 64| 26,690|
+---------------------+---------------------------+----------------------------+
|Margrethe L. Resellmo| 17| 504|
+---------------------+---------------------------+----------------------------+
|Berit Rustad | 64| 3,967|
+---------------------+---------------------------+----------------------------+
|Camilla Stang | 17| 504|
+---------------------+---------------------------+----------------------------+
|Christina Straub | 17| 758|
+---------------------+---------------------------+----------------------------+
|Hans Tronstad | 64| 1,887|
+---------------------+---------------------------+----------------------------+

*) incl. close associates

Trondheim, 11 December 2020

Contact person in SpareBank 1 SMN:
CFO, Kjell Fordal, tel. 905 41 672


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