Instabank ASA: Updated decision regarding the capital composition for the Pillar 2 requirement

The Financial Supervisory Authority of Norway (the "FSA") informed Instabank on
January 21st, 2025, that they have revised the capital requirements decision for
Pillar 2, which the bank received on May 23, 2024. Previously, the Bank's Pillar
2 requirement of 4.8 % had to be fully covered by 100 % common equity tier 1
(CET1) capital. Under the revised decision, the Pillar 2 requirement must only
be covered by a minimum of 56.25 % CET1 capital and 75 % core capital. 
This change releases 2.1 percentage points from the CET1 requirement,
corresponding to 97 MNOK in CET1 capital based on the situation at the end of
the third quarter 2024. The overall capital requirement remains unchanged.

For further information, please contact:
Robert Berg, CEO, robert.berg@instabank.no
Per Kristian Haug, CFO, perkristian.haug@instabank.no


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act