SPAREBANK 1 NORDMØRE (SNOR) investor relations material

Strategic direction and regional positioning

• Focus on strengthening regional presence through sponsorships, innovation events, and community engagement, including a major three-year sponsorship with Kristiansund Ballklubb and support for local cultural initiatives.

• Continued commitment to local and regional development, leveraging a 190-year legacy and a customer base of 70,000 across 13 offices.

Financial performance and growth

• Achieved a solid annual result for 2025, with pre-tax profit of NOK 626 million, up from NOK 598 million in 2024.

• Maintained strong lending growth, with total loans increasing by 5.4% over the last 12 months and an average annual growth of 6.7% from 2021 to 2025.

• Deposit growth reached 7.2% in 2025, reflecting successful efforts in both personal and business markets.

• Cost/income ratio for the parent bank at 39.9%, slightly higher than the previous year.

Risk, capital, and funding

• Significant reduction in loan losses, with write-downs at 0.08% of gross loans, down from 0.23% the previous year.

• CET1 capital ratio at 17.42%, exceeding the board's target of 16.74% and the regulatory requirement of 15.24%.

• Maintained a diversified loan portfolio, with 74% in personal market and 26% in business market, and stable sector distribution.

• Senior funding has an average weighted maturity of 3.7 years, with NOK 6.1 billion in senior bonds and NOK 537 million in subordinated loans.