Sparebank 1 Nord-norge · OSL:NONG
Sparebank 1 Nord-norge — Q2 2026 Earnings Presentation
44 slides from Sparebank 1 Nord-norge's earnings presentation, Aug 13, 2026
Slide 1: Quarterly Report 2Q 2026
Quarterly Report 2Q 2026 Tromsø, August 13th 2026 Hanne Karoline Kræmer, CEO Bengt Olsen, CFO
Slide 2: Financial highlights first half of 2026
Financial highlights first half of 2026
Slide 3: Financial Results
Financial Results Return on equity Cost/income Group 18.7% 175% 20202 1021 173% 2022 WA% 2023 168% 2024 169% 162% | 2025 30.06.26 126% 2020 164% 18.1% 19% 2021 2022 ©2023 218% 2024 40.0% 181% 161% 2025 30.06.26 2020 40.6% 40.3% 50% 33.8% 32.5% | 2021 2022 «20232024 «= 2025 30.06.26 SpareBank NORD-NO
Slide 4: Strong Lending Growth
Strong Lending Growth Credit growth SpareBank 1 Nord- among norwegian Norge Corporates Credit growth SpareBank 1 Nord- among norwegian Norge Households
Slide 5: Cost Discipline and Cultural Change
Cost Discipline and Cultural Change
Slide 6: Updated Long Term Financial Targets
Updated Long Term Financial Targets < 35 % C/I ratio > 14 % > 50 % ROE Dividend payout ratio 15,56 % CET1 ratio
Slide 7: Outlook
(+) Outlook 2. Financial status 3 Appendix SpareBank NORD-NORGE
Slide 8: Norway vs Northern Norway
Norway Northern Norway 2026 2025 2024 2023 2022 2021 Avg.. 2020- 2024 Avg. 2013- 2019
Slide 9: Status and Outlook in Northern Norway
Status and Outlook in Northern Norway
Slide 10: For Northern Norway
— Se ~ SpareBank D NORD-NORGE
Slide 11: Outlook
1 Outlook (2) Financial status 3 Appendix SpareBank 4 NORD-NORGE
Slide 12: Quarterly Development
Quarterly Development CET1 ratio Return on equity Cost/income Group 16.9% 16.3% 16.2 % 16.2% 16.2% 16.5% 35.5% 35.3% 316% 38% ay 324% 204% 191% 74% 76% 16.0 % : 14.9% 1925 2Q25 3Q25 4Q25 1Q26 2Q26 1925 2Q25 3Q25 4Q25 1Q26 2Q26 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 SpareBank NORD-NORGE
Slide 13: Subsidiaries – Earning Before Tax
Subsidiaries – Earning Before Tax
Slide 14: Group Financial Highlights and Key Figures
Group Financial Highlights and Key Figures
Slide 15: Development in Net Interest Income
Development in Net Interest Income Net interest in % of average assets NII* *) Incl. SpareBank 1 Boligkreditt
Slide 16: Income
Income Commission Income SpareBank 1 Bolig- NII næringskreditt
Slide 17: Low Losses
Low Losses Net losses in % of gross Net losses lending incl. interm. loans (Amount in NOK million) Retail Corporate
Slide 18: Strong Capital Base
Strong Capital Base CET1 Pillar 1 P2R Buffer req P2G min.requirement
Slide 19: Lending Growth
Lending Growth Retail Corporate
Slide 20: Retail Market
Retail Market Retail (excl. Commission loans Com.loans
Slide 21: Corporate Banking
Corporate Banking Lending growth 52,985 53,460 55,535 1925 2925 3Q25 4Q25 1926 2926 Development in lending margin (iso) 27% 2.7% 2.6% 24% 2.2% 2.2% 1925 2Q25 3Q25 4Q25 1026 2Q26 Lending growth (12 mth) 5.9% 44% 24% 1.4% 1925 2025 3Q25 4025 1026 2926 SpareBank NORD-NORGE
Slide 22: Deposit Growth
Deposit Growth Retail Market Corporate Banking Public sector ae 53,546 46,884 33,981 8499 10,887 1514 6/30/2024 6/30/2025 6/30/2026 6/30/2024 6/30/2025 Gross deposits 6/30/2026 1% 6/30/2024 6/30/2025 6/30/2026 SpareBank NORD-NORGE
Slide 23: 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.
Slide 24: Financial Outlook
Financial Outlook CET1 Ratio Cost/income Pay out ratio During 1Q26, interest rate expectations reversed completely, shifting from anticipated rate cuts to expectations of further rate hikes. This led to an immediate increase in NIBOR and higher funding costs. The first policy rate hike was implement
Slide 25: Why Invest in SpareBank 1 Nord-Norge
Why Invest in SpareBank 1 Nord-Norge
Slide 26: Contacts
Contacts Management Hanne Karoline Kræmer CEO +47 414 70 483 Hanne.karoline.kramer@snn.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 27: Appendix
1 Outlook 2. Financial status (3) Appendix SpareBank 4 NORD-NORGE
Slide 28: A Solid Bank For Northern Norway
A Solid Bank For Northern Norway
Slide 29: Development in Lending Margins
Development in Lending Margins Corporate Retail
Slide 30: 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 16.74 % | Covered bond company Næringskreditt AS Norge AS Norge AS 0.54 % | Covered bond company 85 % | Loan/consumer finance/leasing 85 % | R
Slide 31: Geographical Distribution of Ownership
Geographical Distribution of Ownership Foreign holders Other Norwegian holders Holders residing in Northern Norway
Slide 32: The 20 Largest EC Holders
The 20 Largest EC Holders EC Holders Number of ECs hd Share of EC Capital Skandinaviska Enskilda Banken AB 6am 68% Verdipapirfondet Eika Egenkapitalbevis 49% Pareto Aksje Norge Verdipapirfond 4.0% Geveran Trading Company Ltd 40% Kommunal Landspensjonskasse Gjensidige 38% State Street Bank and Trust
Slide 33: Cost Development
Cost Development Cost/income Group Group operating costs (Amounts in NOK million)
Slide 34: Operating Expenses
(Amounts in NOK million) Operating Expenses
Slide 35: Risk Exposure
Risk Exposure 1,8% Non- performing /impaired High risk Medium risk Low risk
Slide 36: Changes in Exposure last 12 Months
Changes in Exposure last 12 Months Non- performing /impaired (NOK million) High risk Medium risk Low risk
Slide 37: Exposure Distributed by Size
Exposure Distributed by Size* 30.06.2025 30.06.2026 *) Incl. parent bank, SpareBank 1 Boligkreditt and SpareBank 1 Næringskreditt
Slide 38: LTV Mortgage Loans
LTV Mortgage Loans 30.06.2025 30.06.2026
Slide 39: Diversified Portfolio in Commercial Real Estate
Diversified Portfolio in Commercial Real Estate
Slide 40: Loan Losses
Loan Losses ’ z z bond companies Commitments in step 3: 1.40 % of total exposure. Expected loss share: 20.53 % Commitments in step 2: 11.39 % of total exposure. Expected loss share: 2.26 % Commitments in step 1: 87.21 % of total exposure. Expected loss share: 0.14 %
Slide 41: The Lending Portfolio
The Lending Portfolio Parent Bank Group: 30/09/25 31/12/25 31/03/26 30/06/26 Sector/Industry 30/06/26 (31/03/26 (31/12/25 30/09/25, 12,177 12,265 12,323 12,706 Agriculture, forestry and fish 14,480 14,007 13,888 13,605 35 4 22 36 © Mining and quarrying 67 49 60 65 1,909 1,925 2,313 2,084 Manufacturi
Slide 42: Funding
Funding NOK 24,385 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 52,937 mill had been transferred as of 30.06.2026 Amount of gross maturities of ca
Slide 43: SpareBank 1 Alliance
SpareBank 1 Alliance • The SpareBank 1-alliance consists of 12 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
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SpareBank 1 Nord-Norge — Q2 2026 Earnings Presentation on 6ix