Sparebank 1 Nord-norge · OSL:NONG

Sparebank 1 Nord-norge — Q4 2025 Earnings Presentation

58 slides from Sparebank 1 Nord-norge's earnings presentation, Feb 12, 2026

  1. Slide 1: Quarterly Report 4Q 2025

    Quarterly Report 4Q 2025 Tromsø, February 12th 2026 Hanne Karoline Kræmer, CEO Bengt Olsen, CFO

  2. Slide 2: Financial highlights for 2026

    Financial highlights for 2026

  3. Slide 3: Northern Norway

    Northern Norway

  4. Slide 4: Average ROE last 5 years

    Average ROE last 5 years 17.0% 16.6% 14.9% 15.0% 15.0% 14.2% 14.2% Rid 13.0% 12.5% 1.4% | | Peer1 Peer2 Peer 3 Peer 4 Peer 5 Peer 6 Peer7 Peer 8 Peer 9 Peer 10 Peer! SpareBank 1 Nord-Norge SpareBank NORD-NORGE

  5. Slide 5: Strong Development in Cost/income

    Strong Development in Cost/income

  6. Slide 6: Updated Long Term Financial Targets

    Updated Long Term Financial Targets < 35 % C/I ratio > 14 % > 50 % ROE Dividend payout ratio 15,55 % CET1 ratio

  7. Slide 7: SpareBank 1 Nord-Norge Increased Marketshare

    SpareBank 1 Nord-Norge Increased Marketshare Loan growth SNN 12 months Norwegian Creditgrowth 12 months Accumulated loan BNOK growth above Norwegian credit growth

  8. Slide 8: Outlook

    C1) Outlook 2. Financial status 3 Appendix

  9. Slide 9: Norway Northern Norway

    Norway Northern Norway 2025 2024 2023 2022 2021 Avg.. 2020- 2024 Avg. 2013- 2019

  10. Slide 10: Commercial real estate

    Commercial real estate Photo: Raw Studio

  11. Slide 11: Fisheries

    Fisheries

  12. Slide 12: Fish farming

    eee SpareBank NORD-NORGE

  13. Slide 13: Construction

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  14. Slide 14: Civil Engineering

    Civil Engineering

  15. Slide 15: Retail sales

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  16. Slide 16: Tourism

    Tourism SpareBank @) NORD-NORGE

  17. Slide 17: Power sector

    Power sector SpareBank 1 NORD-NORGE

  18. Slide 18: Status and Outlook in Northern Norway

    Status and Outlook in Northern Norway

  19. Slide 19: For Northern Norway

    For Northern Norway

  20. Slide 20: Outlook

    1 Outlook (2) Financial status 3 Appendix

  21. Slide 21: Group Financial Highlights and Key Figures

    Group Financial Highlights and Key Figures

  22. Slide 22: Quarterly Development

    Quarterly Development CET1 ratio Return on equity capital Cost/income Group 321% 168% 163% 162% 162% 16.2% 187% 36.2% 355% 316% = 318% andy 203% 18.9% 19.3% 72% 16.1% 23.0% 3Q24 402419252925 3Q25 4025 3Q24 4024 19252025 8025425 3Q24 402419252925 3Q254Q25 SpareBank NORD-NORGE

  23. Slide 23: Subsidiaries – Earning Before Tax

    Subsidiaries – Earning Before Tax

  24. Slide 24: Strong Capital Base

    Strong Capital Base CET1 Pillar 1 P2R Buffer req P2G min.requirement

  25. Slide 25: Earnings Before Tax - Last Quarter

    Earnings Before Tax - Last Quarter (Amounts in NOK million)

  26. Slide 26: Net Interest Income

    (Amounts in NOK million) Net Interest Income

  27. Slide 27: Low Losses

    Low Losses Net losses in % of gross Net losses lending incl. interm. loans (Amount in NOK million) Retail Corporate

  28. Slide 28: Development in Net Interest Income

    Development in Net Interest Income* Net interest in % of average assets NII *) Incl. SpareBank 1 Boligkreditt

  29. Slide 29: Lending Growth

    Lending Growth Retail Corporate

  30. Slide 30: Retail Market

    Retail Market Retail (excl. Commission loans Com.loans

  31. Slide 31: Corporate Banking

    Corporate Banking Lending growth Development in lending margin (iso) 27% 27% 2.6% 2.6% 2.6% 2% {+0.4%} {+0.9%} { +0.6% ] 3Q24 4Q24 1925 2925 3925 4925 Lending growth (12 mth) 52,544 52,671 52,985 79% 3Q24 4Q24 1925 2925 3Q25 4925 3924 4Q24 1925 2925 3Q25 4Q25 SpareBank NORD-NORGE

  32. Slide 32: Deposit Growth

    Deposit Growth Retail Market Corporate Banking Public sector ee 5 02 49,714 43,818 46,020 8,020 8.013 O88 12/31/2023 12/31/2024 12/31/2025 12/31/2023 12/31/2024 Gross deposits 12/31/2025 12/31/2023 12/31/2024 12/31/2025 SpareBank NORD-NORGE

  33. Slide 33: Development in Deposit Margins

    Development in Deposit Margins Retail Corporate

  34. Slide 34: Ambitions for Lending Growth and Market Share

    Ambitions for Lending Growth and Market Share Expected lending growth for SpareBank 1 Nord-Norge in 2026 Retail market: 6-9 % Corporate market: 2-5 % The Group is well capitalized. The region is well positioned compared to the rest of the country. The Group aims to gain market shares in 2026.

  35. Slide 35: Solid operations yields results

    Solid operations yields results CET1 Capital target Dividend (NOK) Div.yield

  36. Slide 36: Financial Outlook

    Financial Outlook CET1 Ratio Cost/income Pay out ratio As expected, the norwegian centralbank made no further rate cuts in Q4. During the quarter, the bank recieved the full effect of the June rate cute and a partial effect of the September cut. Nibor declined over the quarter, which in isolation ha

  37. Slide 37: Why Invest in SpareBank 1 Nord-Norge

    Why Invest in SpareBank 1 Nord-Norge

  38. Slide 38: Contacts

    Contacts Management Hanne Karoline Kræmer CEO +47 414 70 483 Hanne.karoline.kramer@sn n.no Bengt Olsen CFO +47 975 89 560 bengt.olsen@snn.no Investor Relations Terje Karlstad Investor Relations +47 411 22 220 terje.karlstad@snn.no

  39. Slide 39: Appendix

    1 Outlook 2. Financial status C3] Appendix

  40. Slide 40: A Solid Bank For Northern Norway

    A Solid Bank For Northern Norway

  41. Slide 41: Development in Lending Margins

    Development in Lending Margins Corporate Retail

  42. Slide 42: Company Structure

    Company Structure SpareBank 1 SpareBank 1 Finans Nord- EiendomsMegler 1 Nord- SpareBank 1 Gruppen AS SpareBank 1 Boligkreditt AS 19.50 % | Financial services 17 % | Covered bond company Næringskreditt AS Norge AS Norge AS 0.50 % | Covered bond company 85 % | Loan/consumer finance/leasing 85 % | Real

  43. Slide 43: Geographical Distribution of Ownership

    Geographical Distribution of Ownership Foreign holders Other Norwegian holders Holders residing in Northern Norway

  44. Slide 44: The 20 Largest EC Holders

    The 20 Largest EC Holders EC Holders Number of ECs hd Share of EC Capital Skandinaviska Enskilda Banken AB 59M 5.9% Verdipapirfondet Eika Egenkapitalbevis 49% Geveran Trading Company Ltd 4.0% Kommunal Landspensjonskasse Gjensi 37% Pareto Aksje Norge Verdipapirfond 37% State Street Bank and Trust Com

  45. Slide 45: Cost Development

    Cost Development Cost/income Group Group operating costs (Amounts in NOK million)

  46. Slide 46: Operating Expenses

    (Amounts in NOK million) Operating Expenses

  47. Slide 47: Net Fee- and Other Operating Income

    Net Fee- and Other Operating Income

  48. Slide 48: Risk Exposure

    Risk Exposure 1,8% Non- performing /impaired High risk Medium risk Low risk

  49. Slide 49: Changes in Exposure last 12 Months

    Changes in Exposure last 12 Months Non- performing /impaired (NOK million) High risk Medium risk Low risk

  50. Slide 50: Exposure Distributed by Size

    Exposure Distributed by Size* 31.12.2024 31.12.2025 *) Incl. parent bank, SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt

  51. Slide 51: LTV Mortgage Loans

    LTV Mortgage Loans 31.12.2024 31.12.2025

  52. Slide 52: Diversified Portfolio in Commercial Real Estate

    Diversified Portfolio in Commercial Real Estate

  53. Slide 53: Loan Losses

    Loan Losses ’ bond companies Commitments in step 3: 1.44 % of total exposure. Expected loss share: 19.99 % Commitments in step 2: 13.70 % of total exposure. Expected loss share: 2.00 % Commitments in step 1: 84.86 % of total exposure. Expected loss share: 0.13 %

  54. Slide 54: The Lending Portfolio

    The Lending Portfolio Parent Bank Group 12/31/2025 9/30/2025 6/30/2025 3/31/2025 _Sector/Industry 3/31/2025 6/30/2025 9/30/2025 12/31/2025 12,265 1277 11608 71938 Agriculture, forestry and fish 73,089 12977 73,605 73.888 34 35 38 36 Mining and quarrying Ed n 6s 60 1926 1909 1982 2041 Manufacturing 2

  55. Slide 55: Funding

    Funding NOK 23,765 mill in capital market funding exclusive of SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt is important funding sources. In total NOK 52,722 mill had been transferred as of 31.12.2025 Amount of gross maturities of ca

  56. Slide 56: SpareBank 1 Alliance

    SpareBank 1 Alliance • The SpareBank 1-alliance consists of 13 banks • Independent within each region. • Decisions are made close to the customers, SpareBank 1 Nord-Norge and the banks both develop and are an (Tromsø) integral part of their local communities • Operate exclusively in Norway SpareBank

  57. Slide 57: SpareBank 1 Alliance companies

    SpareBank 1 Alliance SpareBank 1 SMN SpareBank 1 SR-Bank SpareBank 1 Samspar SpareBank 1 LO Nord-Norge Østlandet SpareBank 1 BN Bank SpareBank 1 SpareBank 1 Gruppen SpareBank 1 Alliance Markets Boligkreditt SpareBank 1 Kredittbanken AS SpareBank 1 SpareBank 1 Fremtind Kredinor Mobilitet Næringskredi

  58. Slide 58: Slide 58

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