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9 November 2022

INSTA: Mandatory notification of trade by primary insider

Farzad Jalily, Chief Technology Officer in Instabank ASA, has on November 9th
2022, bought 30,000 shares in Instabank ASA at a price of NOK 1.60 per share.
Following this transaction, Farzad Jalily owns a total of 814,417 shares in
Instabank ASA. See the enclosed form for further information about the
transaction.

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

About Instabank

Founded in Oslo in 2016, Instabank ASA is a Nordic digital bank focused on delivering simple, efficient, and accessible financial services. Since its inception, the Bank has combined modern technology with prudent banking principles to create a scalable business built around simplicity, transparency, and customer value.