Share capital increase by monetary contribution related to exercise of share
options by employees to subscribe for 219,853 shares and resolution to increase
the share capital dated 17 November 2023 has today been registered with the
Norwegian Register of Business Enterprises. The share options are exercised in
accordance with the terms of the employee stock option plan. Following the
issuance of the new shares, the share capital of Morrow Bank ASA is NOK
229,364,132 consisting of 229,364,132 shares, each of par value NOK 1.00.

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