SpareBank 1 SMN: Savings programme - subscription period closed

In reference to public announcements dated 15 and 16 December 2021 regarding the
savings programme in SpareBank 1 SMN.

The subscription period is now closed. 1,062 employees have elected to
participate in the programme and the total savings amount is NOK 21,984,000 for
2022, which means that 66 per cent of total employees in the bank and its
subsidiaries are participating. See public announcements dated 15 and 16
December 2021 to see participation from the primary insiders.

Trondheim, 21 December 2021

Contact person in SpareBank 1 SMN:
CFO, Kjell Fordal, tel. +47 905 41 672

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