SpareBank 1 SMN: Fremtind Forsikring - result 2nd quarter 2023 and year to date

SpareBank 1 SMN has an ownership interest of 19,5 % in SpareBank 1 Gruppen AS. Fremtind is 65% owned by SpareBank 1 Gruppen AS. Fremtind's profit before tax as at 30 June 2023 was NOK 346 (706*) million and NOK 280 (525*) million after tax. Isolated for the 2nd quarter, Fremtind's result was -19 (310*) before tax and 7(233*) million NOK after tax.

SpareBank 1 SMN share of Fremtind's profit before tax per 30 June was 44 (89*) million NOK.

*Figures in bracket indicate restated figures according to IFRS 17/IFRS 19 for the corresponding period in 2022.

Oslo, 12 July 2023

This information is mandatory according to ยง 5-12 of the Securities Trading Act.