Sparebank 1 Nord-norge · OSL:NONG
Sparebank 1 Nord-norge — Q3 2025 Earnings Presentation
50 slides from Sparebank 1 Nord-norge's earnings presentation, Oct 28, 2025
Slide 1: Quarterly Report 3Q 2025
Quarterly Report 3Q 2025 Tromsø, October 28th 2025 Hanne Karoline Kræmer, CEO Bengt Olsen, CFO
Slide 2: Financial highlights year-to-date
Financial highlights year-to-date
Slide 3: Northern Norway
a, oe t Northern Norway _ > et
Slide 4: Norway vs Northern Norway
Norway Northern Norway 2025 2024 2023 2022 2021 2020 2019
Slide 5: Commercial real estate
Commercial real estate
Slide 6: Fisheries
Fisheries <6E™ re i ocean bac uot sft gp ath
Slide 7: Fish farming
ES pareBank 4 NORD-NORGE
Slide 8: Construction
2Bank ~ NORD-NORGE
Slide 9: Retail sales
Retail sales 23
Slide 10: Tourism
Tourism SpareBank P NORD-NORGE tt
Slide 11: Power sector
Power sector SpareBank 1 NORD-NORGE
Slide 12: For Northern Norway
For Northern Norway
Slide 13: Status and Outlook in Northern Norway
Status and Outlook in Northern Norway
Slide 14: Outlook, Financial status, Appendix
1 Outlook 6 Financial status 3 Appendix SpareBank 4 NORD-NORGE
Slide 15: Group Financial Highlights and Key Figures
Group Financial Highlights and Key Figures
Slide 16: Quarterly Development
Quarterly Development CET1 ratio Return on equity capital Cost/income Group 321% wo% 173% 164% 166% 168K ey 352% 318% 316% = 318% aa. % 203% 18.9% 18.9% 19.3% | 2024 3Q24. 4024-1025. 2025-3025 2024 —-3Q24.4Q24- 1025. 2025-325 2Q24 3024 4Q24 1025-2025 «3925 SpareBank NORD-NORGE
Slide 17: Earnings Before Tax - Last Quarter
Earnings Before Tax - Last Quarter (Amounts in NOK million)
Slide 18: Net Interest Income
(Amounts in NOK million) Net Interest Income
Slide 19: Low Losses
Low Losses Net losses in % of gross Net losses lending incl. interm. loans (Amount in NOK million) Corporate Retail
Slide 20: Development in Net Interest Income
Development in Net Interest Income Net interest in % of average assets NII
Slide 21: Lending Growth
Lending Growth Retail Corporate
Slide 22: Retail Market
Retail Market Retail (excl. Commission loans Com.loans
Slide 23: Corporate Banking
Corporate Banking Lending growth Development in lending margin (iso) {+0.9%} 9% (02%) {+0.6%} 6% 2.7% 2.7% z 2.6% 2.6% 2.6% 2.6% 2924 3Q24 4924 1925 2925 3Q25 52,544 52,985 Lending growth (12 mth) 94% 2Q24 3Q24 4Q24 1925 2Q24 3Q24 4Q24 1925 2925 3Q25 SpareBank NORD-NORGE
Slide 24: Deposit Growth
Deposit Growth Retail Market Corporate Banking Public sector 43,842 45,649 49,081 31,965 —la%} 8,340 7162 8,435 9/30/2023 9/30/2024 9/30/2025 9/30/2023 9/30/2024 9/30/2025 9/30/2023 9/30/2024 9/30/2025 Gross deposits SpareBank NORD-NORGE
Slide 25: Development in Deposit Margins
Development in Deposit Margins Retail Corporate
Slide 26: Ambitions for Lending Growth and Market Share
Ambitions for Lending Growth and Market Share Expected lending growth for SpareBank 1 Nord-Norge in 2025 Retail market: 7-10 % 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 2025.
Slide 27: Long Term Financial Targets
Long Term Financial Targets < 40 % C/I ratio > 13 % > 50 % ROE Dividend payout ratio 15,8 % CET1 ratio
Slide 28: Financial Outlook
Financial Outlook CET1 Ratio Cost/income Pay out ratio In Q3 the market was once again suprised by Norges Bank's unexpected interest rate cut. NIBOR declined throughout the quarter. This had a positive effect on lending margins and a negative effect on deposit margins. In addition, there is intense
Slide 29: Why Invest in SpareBank 1 Nord-Norge
Why Invest in SpareBank 1 Nord-Norge
Slide 30: 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
Slide 31: Outlook, Financial status, Appendix
1 Outlook 2 Financial status aaa C3) Appendix SpareBank 4 NORD-NORGE
Slide 32: A Solid Bank For Northern Norway
A Solid Bank For Northern Norway
Slide 33: Development in Lending Margins
Development in Lending Margins Corporate Retail
Slide 34: 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 16.47 % | Covered bond company Næringskreditt AS Norge AS Norge AS 0.58 % | Covered bond company 85 % | Loan/consumer finance/leasing 85 % | R
Slide 35: Geographical Distribution of Ownership
Geographical Distribution of Ownership Foreign holders Other Norwegian holders Holders residing in Northern Norway
Slide 36: The 20 Largest EC Holders
The 20 Largest EC Holders EC Holders Number of ECs ~ Share of EC Capital ‘Skandinaviska Enskilda Banken AB 57M 57% Verdipapirfondet Eika Egenkapitalbevis 49% Geveran Trading Company Ltd 40% kKommunal Landspensjonskasse Gjensidige 37% Pareto Aksje Norge Verdipapirfond 34% MP Pensjon Pensjonskasse 25%
Slide 37: Cost Development
Cost Development Cost/income Group Group operating costs (Amounts in NOK million)
Slide 38: Operating Expenses
(Amounts in NOK million) Operating Expenses
Slide 39: Net Fee- and Other Operating Income
Net Fee- and Other Operating Income
Slide 40: Risk Exposure
Risk Exposure 1,8% Non- performing /impaired High risk Medium risk Low risk
Slide 41: Changes in Exposure last 12 Months
Changes in Exposure last 12 Months Non- performing /impaired (NOK million) High risk Medium risk Low risk
Slide 42: Exposure Distributed by Size
Exposure Distributed by Size* 30.09.2024 30.09.2025 *) Incl. parent bank, SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt
Slide 43: LTV Mortgage Loans
LTV Mortgage Loans 30.09.2024 30.09.2025
Slide 44: Diversified Portfolio in Commercial Real Estate
Diversified Portfolio in Commercial Real Estate
Slide 45: Loan Losses
Loan Losses G ’ bond companies Commitments in step 3: 1.57 % of total exposure. Expected loss share: 19.11 % Commitments in step 2: 12.72 % of total exposure. Expected loss share: 2.06 % Commitments in step 1: 85.71 % of total exposure. Expected loss share: 0.12 %
Slide 46: The Lending Portfolio
The Lending Portfolio* *) Incl. SpareBank 1 Boligkreditt
Slide 47: Funding
Funding NOK 25,313 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 50,059 mill had been transferred as of 30.09.2025 Amount of gross maturities of ca
Slide 48: 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
Slide 49: 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
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