Rogaland Sparebank · OSL:ROGS
Rogaland Sparebank — Investor Day (November 2025)
87 slides from Rogaland Sparebank's investor day presentation, Nov 5, 2025
Slide 1: Rogaland Sparebank 3. quarter 2025 - CMD
Rogaland Sparebank 3. quarter 2025 - CMD Tomas Nordbø, CEO Siri A. Styles, CFO Oslo, 5th of November 2025
Slide 2: Agenda
Agenda Strategy and Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 3: Rogaland – An Attractive Region
Rogaland – An Attractive Region Regional Indicators Average Grwoth Indicators Q1 2023 - Q3 2025 0,6 0,3 0,3 0,3 -0,1 -0,2 -0,2 Sørvest Nord Innland Nordvest Sør Midt Øst The average annual growth in gross product per employee in the mainland economy is estimated at 0.7 percent in the period 2024–206
Slide 4: Rogaland – An Attractive Region
Rogaland – An Attractive Region Municipal Inhabitants 2025 Stavanger 150.123 Sandnes 84.908 Sola 29.153 Strand 13.813 Randaberg 11.795 Sauda 4.600 Suldal 3.939 Hjelmeland 2.681 Jæren 73.946 Total 374.958 Total for Rogaland 504.496
Slide 5: Rogaland – Continued Good Access to Customers
Rogaland – Continued Good Access to Customers Municipal Inhabitants 2025 Market share retail Stavanger 150.123 7,3 % Sandnes 84.908 16,7 % Sola 29.153 7,0 % Strand 13.813 13,0 % Randaberg 11.795 6,0 % Sauda 4.600 1,4 % Suldal 3.939 8,8 % Hjelmeland 2.681 41,0 % Jæren 73.946 3,4 % Total 374.958 9,0 %
Slide 6: The Local Bank Concept – Attractive in the future
The Local Bank Consept – Attractive in the future • Strong presence in Nord-Jæren and Ryfylke and is the local bank in Rogaland • The bank has satisfied customers and is relevant and visible - customers choose us! • Great potential in the current market area, but also a short distance to new opportu
Slide 7: The most attractive bank in Rogaland
DEN MEST ATTRAKTINE BANKEN 1 ROGALAND FoR KUNDER ,ANSATTE, EIERE 0G SAMFUNN +
Slide 8: Strategic ambitions
- We will grow more than the market - We will provide good and personalized customer and ensure ever-improving experiences. In everything we do, we will contribute profitability to building a stronger and broader reputation. . -We will acquire, further develop and retain the best people and build a
Slide 9: The Bank Has Never Been as Visible as It Is Now
The Bank has never been as visible as it is now • Good visibility is a competitive advantage in a compettitive market • Communication that is locally relevant and personal strengthens the relationship with the customer and creates loyalty • Studies show that the bank is visible and relevant – and "t
Slide 10: Customer Loyalty
Customer Loyalty • Nine years of systematic customer satisfaction measurements give us incredibly good insight into what the customer values and what we can do differently 83 83 • The bank has very satisfied customers in both the 79 80 79 80 81 81 80 82 private and corporate segments 78 78 73 • Goo
Slide 11: One year as Rogaland Sparebank
One year as • The bank is attractive in the market, - both for retail and corporate customers • Clear local profile - differentiates us from the competition • Delivers on customer promises - Local, fast and personal • Visible and relevant • Satisfied customers and employees
Slide 12: Gifts and customer dividend
• 16 million for gifts that will create pride, joy and excitement for everyone in Rogaland • Proud sponsor and supporter of teams and associations in our region • Customer dividend for the 8th time! • Offices and workplaces throughout the bank's market area
Slide 13: Organic Growth 9,2 % YoY
Organic Growth 9,2 % YoY Including the merger 19,3% YoY Lending growth YoY Lending growth by division YoY 15% 10% 9,2 % 9% 9,9 % 10% 8% 7,0 % 7% 5% 6% 5% 0% 4% 3% 2% -5% 1% 0% -10% Gross retail lending Gross corporate lending 3Q21 1Q22 3Q22 1Q23 3Q23 1Q24 3Q24 1Q25 3Q25 3Q21 1Q22 3Q22 1Q23 3Q23 1Q24
Slide 14: Lending Growth – The Bank Increases Market Share in Both Segments
Lending Growth – The Bank Increases Market Share in Both Segments Lending Grwoth Retail YoY Lending Growth Corporate YoY 14% 17% 12% 12% 9,9 % 10% 7,0 % 7% 8% 6% 1,7 % 2% 4,4 % 4% -3% 2% 0% -8% 3Q20 1Q21 3Q21 1Q22 3Q22 1Q23 3Q23 1Q24 3Q24 1Q25 3Q25 3Q20 1Q21 3Q21 1Q22 3Q22 1Q23 3Q23 1Q24 3Q24 1Q25 3
Slide 15: Rogaland Sparebank ownership structure
Rogaland Sparebank Eierbrøk 62,7% (egenkapitalbevisandel) Eika gruppen AS Datterselskaper 9,6% eierandel. Deleide selskaper (fullkonsolidert) Rogaland Sparebank er største eierbank i alliansen Sparebank 1 Rogaland Sparebank Eika Kjell Haver Aktiv Rogaland AS Eika Kredittbank AS Fremtind Holding AS K
Slide 16: Financial Targets 2025-2028
Financial Targets 2025 -2028 Adjusted target of CET1 from > 16,8 % to > 16,15 % from 31.10.25 • ROE > 11 % (incl. hybrid), better than compatible banks • Dividend : [50%-100%] • Gross lending > 5%, Will increase market share • CET-1 > 16,15%
Slide 17: Financial Targets 2025-2028
Financial Targets 2025 -2028 ROE >11% Dividend [50-100%] 100 % 11,0 % 10,0 % 75,0 % 50,0 % 50 % 12,2 % 12,5 % 75 % 75 % 75 % 9,7 % 9,9 % 62,5 % 8,5 % 2021 2022 2023 2024 2025 2021 2022 2023 2024 9m25 Dividend per ECC Lower dividend target Return on equity after tax Mål egenkapitalavkastning Upper di
Slide 18: Eika – An important partner
Eika – An important partner Eika Alliance Eika Group Provider of banking platform ~ 40+ Local banks (The ten largest are all over 20 billion • and account for 55% of the total assets in Eika) • Efficient large-scale operation on standardized technical solution • Good development in customer and advi
Slide 19: Agenda
Agenda Strategy and Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 20: Rogaland Sparebank – A Very Good First 9 Months
Rogaland Sparebank – A Very Good First 9 Months ROE Summary first 9 months 500 13,4 % • Resultat after taxMNOK 390,6 (367,3) 450 13, 0 % 400 12,5 % 391 350 10,7 % 367 11, 0 % • ROE of 12,5 % (13,4 %) 300 9,5 % 9,5 % 250 261 9,0 % • EPS 10,3 kroner (10,0) 218 200 209 150 7,0 % • Gross lending growth
Slide 21: Profitability
Profitability Continued improvement in underlying banking ROE, Quarterly ROE, Yearly 170 17,0 % 600 15,1 % 14, 0 % 150 13,8 % 13,8 % 15,0 % 500 12,2 % 12,5 % 12, 0 % 130 13,0 % 10,3 % 110 11,0 % 400 9,7 % 9,9 % 10, 0 % 8,9 % 90 9,0 % 8,5 % 8,0 % 300 70 141 139 140 7,0 % 458 6,0 % 111 50 90 5,0 % 200
Slide 22: Net interest margin
Net interest margin Stable net interest margin Net interest income, QoQ Rentenetto, Net interest income, YoY 2,20% 2,2 0% 2,01% 1,99% 1,94% 1,95% 1,91% 2,00% 2,0 0% 1,89% 1,87% 1,85% 1,80% 1,8 0% 1,61% 1,60% 1,6 0% 1,56% 1,40% 1,4 0% 1,20% 1,2 0% 1,00% 1,0 0% 3Q24 4Q24 1Q25 2Q25 3Q25 2021 2022 2023
Slide 23: Lending and deposit margins
Lending and deposit margins Some change in lending margins and deposit margins as a result of changes in the NIBOR interest rate Lending margins Deposit margins 1,77 % 1,79 % 2,40 % 1,72 % 1,67 % 1,70 % 2,32 % 2,32 % 2,29 % 2,28 % 1,35 % 1,26 % 1,27 % 1,35 % 1,17 % 1,03 % 1,02 % 0,95 % 0,99 % 0,79 %
Slide 24: Margins in the retail market
Margins in the retail market – improvement in lending margins and weaker deposit margins The deposit ratio PM is about 43%, PM accounts for 76% of the bank's total lending 2,5 % 2,0 % 1,5 % 1,35 % 1,0 % 0,79 % 0,5 % 0,0 % 1K19 3K19 1K20 3K20 1K21 3K21 1K22 3K22 1K23 3K23 1K24 3K24 1K25 3K25 -0,5 % -
Slide 25: Other income
Other income Stabile underlying development Other income, QoQ Other income YoY 3Q24 4Q24 1Q25 2Q25 3Q25 2021 2022 2023 2024 9M25 112 255 94 77 181 29 154 154 160 1 75 16 27 2 4 4 6 48 15 34 40 1 93 83 96 120 1 18 90 2 67 11 34 31 25 28 66 71 48 54 43 1 5 -2 3 -3 1 0 -9 Other operating income Other o
Slide 26: Strong development in Gross Commission Income
Strong development in Gross Commission Income Steady increase in all types of commission income – High internal focus over time creates results Gross commission income QoQ Gross commission YoY 21,2 70,4 20,2 19,8 18,8 19,4 2,9 9,3 2,4 57,9 59,4 3,2 3,3 56,9 3 50,3 5,4 6,8 9,2 5,5 6,1 20,2 5,6 5,8 5,
Slide 27: Operating Costs
Operating Costs Stable operating costs, but some increase in the cost base as a result of the merger Operating Costs QoQ Operating Costs YoY 160 450 1,25 415 140 134 400 1,15 369 45 1,05 120 39 112 350 324 26 107 314 50 1 45 304 101 12 0,95 15 9 96 300 29 - 100 39 22 7 13 6 36 0,85 250 80 0,75 200 6
Slide 28: Losses on Loans and Guarantees
Losses on Loans and Guarantees Stable low losses Losses on loans and guarantees, QoQ Losses on loans and guarantees, YoY 0% 0% 0,07 % 0,06 % 0% 0% 0,04 % 0,04 % 22 0,19 % 0% 24 0% 11 11 0% 0,08 % 0,08 % 17 0% 0% 7 7 0% -32 -0,01 -1 % 0% -3 0% -0,04 % -0,13 % 0% 0% 3Q24 4Q24 1Q25 2Q25 3Q25 2021 2022
Slide 29: Agenda
Agenda Strategy og Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 30: Lending to customers
Lending to customers The share of lending to the retail market has increased significantly over the past 5 years. Low exposure to real estate development Distribution by sector Loans for real estate Other 3% Commercial Land Housing building building 4% cooperative projects 9% 0% Commercial real Hous
Slide 31: Increase in lending volume and continued strong CET1
Increase in lending volume and continued strong CET1 Volume growth in the private market and SMEs requires less capital Loans to customers Leverage Ratio 40 37,2 34,6 12% 35 8,7 30 29,4 8,1 27,0 25,4 0,5 9% 25 7,6 0,6 6,9 7,4 20 6% 15 27,9 25,9 9,5 % 9,2 % 21,8 9,0 % 8,9 % 8,5 % 10 20,1 18,0 3% 5 0
Slide 32: Increase in lending volume has lower tied-up capital
Increase in lending volume has lower tied-up capital Volume growth in the private market and SMEs requires less capital Lending Risk weighted assets CAGR +10,0% CAGR +3,6% 19,7 36,6 19,3 33,5 28,7 27,0 25,0 16,9 16,7 16,5 3k21 3k22 3k23 3k24 3k25 3k21 3k22 3k23 3k24 3k25
Slide 33: Strategic focus on small and medium-sized enterprises
Strategic focus on small and medium-sized enterprises Fewer large commitments and smaller commercial buildings reduce concentration risk in the portfolio Bedriftslån (volumvektet) Bedriftslån til eiendom (volumvektet) 9% 6% 4% 13 % 27 % 16 % 26 % 26 % 25 %25 % 24 % 22 % 36 % 39 % 44 % 33 % 35 % 16 %
Slide 34: Lending Portfolio Retail
Lending Portfolio Retail Mortgages in a region that has had moderate housing prices for many years, higher interest rates more manageable Distribution of loan size (volumeweighted) Distribution of loan size (number of loans) 40 % 40 % 37 % 36 % 20 % 14 % 10 % 3% <2 MNOK 2-4 MNOK 4-8 MNOK >8 MNOK <2
Slide 35: Lending Portfolio Retail – Low LTV
Lending Portfolio Retail– Low LTV Mortgages in a region that has had moderate housing prices for many years, higher interest rates more manageable LTV distribution Geografic distribution, volum 68 % Oslo 5 % Landet for øvrig 10 % Rogaland 85 % 20 % 8% 3% 0% < 60% 60-75% 75-85% 85-100% >100% • 88 % o
Slide 36: Non-Performing and Doubtful Loans
Non-Performing and Doubtful Loans Stable development, natural increase in connection with added lending volume through the merger Non-performing and doubtful loans Write-downs 1% 1,29% 1,25% 1% 1,09% 97 0% 0,37 % 0,35 % 0,34 % 0,35 % 0,88% 0,31 % 0% 0,85% 25 21 0% 14 19 25 0% 425 28 28 380 398 44 25
Slide 37: Non-Performing and Doubtful Loans Retail
Non-Performing and Doubtful Loans Retail Stable low default in ordinary retail market. Somewhat higher in the restart bank Balansebank Gross default rate retail Gross default rate retail 1,2 % 18% 350 15,1 % 16% 1,0 % 300 14% 250 0,8 % 12% 10% 200 0,6 % 8% 150 0,4 % 0,3 % 6% 100 4% 0,2 % 50 2% 0,0 %
Slide 38: Non-Performing and Doubtful Loans Corporate
Non-Performing and Doubtful Loans Corporate Reducing the risk of corporate lending over several years results in less pressure on the portfolio given the current market situation Gross default rate Corporate Gross default rate Corporate 8% 800 7% 700 6% 600 5% 500 4% 400 3% 300 2% 200 140 1% 1,4 % 1
Slide 39: Well capitalised and equipped for further growth
Well capitalised and equipped for further growth CET1 capital ratio of18,3 %. Incl this years result 20,7 %. Leverage ratio 8,5 % CET-1 A well-capatilsed bank 16,15 % • Internal CET1 goal of 16,8% fra 01.08.24 til 30.09.25 1,25 % • New Pila 2 requirement 31.10.25 1,6 % down from 17,8 % 17,8 % 18,3 %
Slide 40: Focus on sustainability in Rogaland Sparebank
Focus on sustainability in Rogaland Sparebank Achieved sustainability goals as of Q3 2025 • Rogaland Sparebank is affiliated with the Eika Alliance's common climate ambition of net zero emissions by 2050. • Certified sustainability reporting with climate accounts and published due diligence assessme
Slide 41: Green fraction in Rogaland Sparebank
Green fraction in Rogaland Sparebank Green fraction retail 25 % Green fraction corporate 16,4% Green fraction Rogaland Sparebank 23,1% <1% 2% 24% 52% 58% 36% 35% 35% 38% 7% 12% Green fraction is calculated based on the bank's green framework and the asset classes and projects defined as green within
Slide 42: Agenda
Agenda Strategy og Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 43: Agenda
Agenda Strategy og Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 44: Retail
Retail CMD 5.november 2025 Lene Nevland Sivertsen, Director Retail
Slide 45: Targets towards 2028 – Retail
Targets towards 2028 Retail We will take market shares where we have an office We will be amongst the most profitable banks in retail, compared to the banks we compete against We will be the best at Personal Advice We will work more standarized and operate efficiently We will improve both internal a
Slide 46: Customer Satisfaction Retail in Rogaland
Customer Satisfaction Retail in Rogaland 99 Very satisfied customers!! 76 73 72 59 59 55 52 46 Internettbank Rogaland Sparebank Lokalbank Landsdekkende Skandianvisk Regional Internettbank Landsdekkende Skandianvisk Kilde: Kantars omdømmeundersøkelse 2025
Slide 47: More Retail Customers Choose Rogaland Sparebank
More Retail Customers Choose Rogaland Sparebank 14% 12% 9,9 % 10% 8% 6% 4,4 % 4% 2% 0% 3Q20 1Q21 3Q21 1Q22 3Q22 1Q23 3Q23 1Q24 3Q24 1Q25 3Q25 Gross retail lending Credit growth retail
Slide 48: Stronger and more personal presence on Sola
Stronger and more personal presence on Sola
Slide 49: Priorities going forward
Priorities going forward • Balance growth and profitability • Be attractive for the right customers • Visible in the market area • Pursuing efficient operations • Provide personal customer service • Maintain and develop adaptablity
Slide 50: Agenda
Agenda Strategy og Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 51: Corporate
Corporate CMD 5.november 2025 Lars Kristiansen, Direktor Corporate
Slide 52: Targets towards 2028 – Corporate
Targets towards 2028 Corporate The most attractive local bank for small and medium-sized businesses in our market segment • Local We are present with competent employees who know and understand the local business community • Personal Relationship and closeness are the glue between us and our custome
Slide 53: Our ambition
Our ambition We will take a clear position as an attractive and local commercial bank for small and medium- sized enterprises in our primary market areas. We will be a local commercial bank that to a greater extent reflects the local business community we are a part of. We will increase our focus on
Slide 54: From industry to geography
From industry to geography • Strengthened presence and focus outside Sandnes • Two new customer teams from 1st of March this year • Stavanger and Ryfylke • Sandnes and Jæren • Strengthened competence • New employees
Slide 55: Collaboration and partnership
Collaboration and partnership • Growth guarantee scheme – Innovasjon Norway • Working capital financing – EksFin • Leasing – Brage • Accounting
Slide 56: Eika – Focus on the corporate market
Eika – Focus on the corporate market • Growth and strengthened position in the corporate market • Digitalization of products and services • Customer and advisor interfaces • Starting ENK and AS • Efficiency and competitiveness
Slide 57: One year into the new strategy period
One year into the new strategy periode • Rogaland Sparebank – Well received by the business community • High activity throughout the corporate market area • High growth in new core customers • High growth in other income • Cash management • Insuarance, pensions og guarantees • Leasing • High custome
Slide 58: Corporate portfolio
Corporate portfolio • growth pr Q3 Other 8,1 % Industy Housing Building • Lending 1,6 % Projects 4,0 % • +7,1% YoY Housing Cooperative 6,1 % • +7,9% this year Commercial Rental 41,8 % Building and Construction 7,8 % • Other income Public and Private • +9,6% YoY Service Provision 8,6 % Housing Rental
Slide 59: Big potential
Big potential • Ca 10%* market share in the SME segment in our primary market area • 29 corporate employees in 4 offices *Målt ved andel org nr som er kunder i banken under MNOK 400 i omsetning
Slide 60: Priority industries
Priority industries • Commercial real estate • Housing and commercial rental • Building and Construction • Housing and commercial building projects • Housing Cooperative • Industry and operational industries • Industry • Retail • Public and Private Service Provision • Agriculture
Slide 61: Summary
Summary Strengthened the organization with We are well-positioned for further growth. increased expertise and stronger Significant potential in prioritized industries and in our defined market area customer solutions. This now makes us far more relevant and valuable to the business community in the
Slide 62: Banken for lokale verdiskapere
© Rogaland Sparebank \| 5) Rogaland Spargbank Banken for lokale verdiskapere Se alt vi tilbyr til bedrifter fo bédrifter’ ayy som vil noe. ©) pegsland Sparebank
Slide 63: Agenda
Agenda Strategy and Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 64: Deposits From Customers
Deposits From Customers By division Deposit-to-Deposit Ratio 51% 51% 50% 50% 50% 65 % 35 % Deposits Retail Deposits Corporate 3Q24 4Q24 1Q25 2Q25 3Q25 • Deposit coverage retail is 42.9% • Deposit coverage corporate is 61.6%
Slide 65: Liquidity as of 30.9
Liquidity as of 30.9 LCR at 240 % | NSFR at 122 % Funding Liquidity reserve, (MNOK) 3.753 5.000 3.999.0 00 4.500 4.300 4.000 3.725 200 3.850 3.499.0 00 549 3.053 3.530 3.500 - 250 2.999.0 00 3.500 220 - 2.499.0 00 2.045 3.000 2.500 2.425 3.300 1.999.0 00 2.764 2.000 2.650 3.300 1.499.0 00 3.500 1.50
Slide 66: Liquidity
Liquidity NOK 3,6 billion excl. cash Liquidity portfolio composition Rating distribution Domestic Municipalities (RW20) Foreign Covered 2% 91% Bonds Foreign 6% Municipalities (RW0) 10 % Gov't Guaranteed 19 % Domestic Covered Bonds 63 % 9% 0% 0% 0% AAA AA A BBB BB • Norwegian municipalities has an in
Slide 67: Financing of retail growth over the last 5 years
Financing of retail growth over the last 5 years 30.000 27.904 25.000 20.000 17.139 17.118 15.000 10.000 7.618 5.000 0 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 30.9.2025* Covered bonds Retail lending • As of 31.10.25, 60% of retail is financed through covered bonds issued • 88% of all
Slide 68: Financing of corporate growth over the last 5 years
Financing of corporate growth over the last 5 years 10.000 8.725 9.000 8.000 6.861 7.000 6.000 5.000 4.428 4.000 3.060 3.000 2.000 1.000 0 31.12.2020 31.12.2021 31.12.2022 31.12.2023 31.12.2024 30.9.2025* Senior Corporate lending • Corporate has grown by 1.9 billion over the last 5 years • All is fi
Slide 69: Agenda
Agenda Strategy and Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 70: Housing prices – What is the house worth?
Housing prices – What is the house worth? Nominal housing prices Real housing prices Price change last 12 months: • Stavanger 12,2%, • Oslo 4,6% • Norge 5,5%
Slide 71: House prices in kroner – perhaps just as interesting
House prices in kroner – perhaps just as interesting Square metre price of sold homes Average price of sold homes Kristiansand m/omegn 41.755 Kristiansand m/omegn 4.207.065 Stavanger m/omegn 50.933 Trondheim 4.574.835 Trondheim 53.749 Norge 4.993.572 Norge 54.152 Bergen 5.016.572 Bergen 58.152 Troms
Slide 72: Housing market - Rogaland
Housing market - Rogaland Heated second-hand market and increase in new construction activity Time to sell Constructions started 140 140 7.000 45.000 40.000 120 120 6.000 Stavanger m/omegn Norge 35.000 100 100 5.000 30.000 80 80 4.000 25.000 3.000 20.000 60 60 15.000 40 40 2.000 10.000 1.000 20 20 5
Slide 73: Construction activity has picked up in the region
Construction activity has picked up in the region Stavanger Aftenblad (29.10.25) E24.no (1.11.25)
Slide 74: Number of bankruptcies – decline in Rogaland
Number of bankruptcies – decline in Rogaland • Decline in the number of bankruptcies in the region, also within construction. • Opposite trend in the Oslo region where the bankruptcy rate has increased in recent years Source: SSB
Slide 75: Commercial real estate – the local market
Commercial real estate – the local market Combination buildings and retail buildings are the segments with the lowest vacancy Total vacancy combination buildings Total vacancy retail buildings 1,6 % 1,6 % 5,0 % 4,9 % 1,4 % 1,4 % 4,4 % 1,3 % 1,3 % 4,2 % 4,2 % 4,2 % 4,0 % 4,0 % 3,7 % 1,1 % 2,9 % 2,9 %
Slide 76: Commercial real estate – the local market
Commercial real estate – the local market Office properties are the segments with the most vacant space, but the market is improving. The correction in connection with the oil downturn in 2014–2016 gives a lower fall height than other parts of the country Total vacancy office property Stavanger regi
Slide 77: Oil investments are still important for the Rogaland economy
Oil investments are still important for the Rogaland economy Oil investments 300 275 257 250 229 200 150 100 50 - 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 • Unlike in 2014, the oil service industry has several legs to stand on. • Renewable energy • Defence industry Source: SSB
Slide 78: Slight increase in unemployment in Rogaland
Slight increase in unemployment in Rogaland 6,00 6,00 Norge Rogaland 5,00 5,00 4,00 4,00 3,00 3,00 2,00 2,00 1,00 1,00 0,00 0,00 jan. 21 aug. 21 mar. 22 okt. 22 mai. 23 des. 23 jul. 24 feb. 25 sep. 25 Source: Nav Rogaland 31.10.2025
Slide 79: Employment in Rogaland – still many vacancies
Employment in Rogaland – still many vacancies
Slide 80: How many employees in 2-3 years?
How many employees in 2-3 years? (share of companies) 6% 9% 7% 11 % 9% 13 % 13 % 18 % 47 % 47 % 47 % 45 % 51 % 45 % 50 % 47 % 46 % 43 % 42 % 42 % 41 % 40 % 39 % 35 % Rogaland Vestfold Agder Oslo Vestland Buskerud Telemark Akershus Several FTEs Status Quo Less FTEs • 60% of companies in the oil and g
Slide 81: Norges Bank's Regional Network
Norges Bank’s Regional Network Regional indicators Expected production growth • High activity for all sectors • Growth in energy has come down • Source: Norges Bank regional network 11 September 2025
Slide 82: Regional Network: Oil suppliers VS aggregated
Regional Network: Oil suppliers VS aggregated 3,0 2,5 2,0 1,5 1,0 0,5 0,0 -0,5 -1,0 -1,5 -2,0 01.03.2015 01.03.2018 01.03.2021 01.03.2024 01.09.2015 01.03.2016 01.09.2016 01.03.2017 01.09.2017 01.09.2018 01.03.2019 01.09.2019 01.03.2020 01.09.2020 01.09.2021 01.03.2022 01.09.2022 01.03.2023 01.09.20
Slide 83: Agenda
Agenda Strategy and Results • Market and Strategy • Results • Portfolio Market Outlook and Local Macro • Retail • Corporate • Funding • Local Macro Eika • CEO, Steinar Simonsen
Slide 84: Disclaimer
This presentation has been prepared solely for promotion purposes of Rogaland Sparebank. The presentation is intended as general information and should not be construed as an offer to sell or issue financial instruments. The presentation shall not be reproduced, redistributed, in whole or in part, w
Slide 85: Net commission income
Net commission income 2021 2022 2023 2024 9M25 Guarantees 6.092 5.346 4.826 5.082 4.409 Financial Instruments (asset mgt. and sales) 5.125 5.395 6.840 9.393 9.170 Product Distribution 17.023 36.532 34.470 40.856 32.867 Insurance Sales 12.354 15.004 16.594 20.278 17.309 Other fees 18.234 2.050 1.947
Slide 86: Key Figures
Key Figures 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 9M24 9M25 Growth assets 1,1 % 2,1 % 1,6 % 9,8 % 1,3 % 3,3 % 1,4 % 2,1 % 15,1 % 8,4 % Growth lending (net) 2,3 % 1,9 % 2,2 % 9,5 % 1,5 % 1,1 % 4,0 % 2,3 % 16,7 % 9,2 % Growth deposits 0,9 % -1,2 % 2,1 % 16,2 % 1,5 % -1,1 % 4,8 % 2,5 % 18,3 % 7,9 % N
Slide 87: Definition of Key Figures
Definition of Key Figures Rate of deposits to loans Return on equity before tax OB net loans to customers / OB deposits from customers (Operating profit before taxes / days in the period x days in a year) / ((OB total equity + IB total equity) / 2 Liquidity coverage ratio (LCR) Liquid assets / net l