As previously announced, NOBA Holding AB (publ) (”NOBA Holding”), NOBA Group AB (publ) (”NOBA Group”) and NOBA Bank Group AB (publ) (”NOBA Bank Group”) are in the process of implementing an intra-group merger between the three companies. NOBA Holding hereby announces that the Swedish Financial Supervisory Authority has approved the merger between the companies and that all required regulatory approvals for implementing the merger thereby have been obtained, and all other conditions for the merger have been fulfilled.

The merger will be implemented with NOBA Bank Group as the surviving company and NOBA Holding and NOBA Group as the transferring companies.

All business operations of the group will remain unaffected by the merger and claims on the transferring companies will, when the merger is implemented, be automatically transferred to NOBA Bank Group. In connection with the implementation of the merger, NOBA Bank Group will thus assume all obligations and liabilities under the bonds issued by NOBA Holding. The bonds that will be affected and assumed are the Additional Tier 1 bonds with ISIN NO0011134462, and the subordinated Tier 2 bonds with ISIN NO0011134470.

The merger is expected to be completed during the month of July 2024.

For further information please contact:

CFO/IR

Patrick MacArthur, CFO, NOBA

E-mail: ir@noba.bank

Media:

Oliver Hofmann, Head of Communications & ESG, NOBA

E-mail: press@noba.bank

About NOBA Holding

With a diversified offering through three brands, Nordax Bank, Bank Norwegian and Svensk Hypotekspension – as well as two million customers – we have the size, skill, and scalability to enable healthier finances for even more people. NOBA creates specialized, customer-centric financial offerings that are sustainable for individuals, the bank and society at large, today and tomorrow. NOBA Bank Group AB (publ) (“NOBA”) is owned by Nordic Capital Fund IX, Nordic Capital Fund VIII and Sampo. NOBA has approximately 630 employees and is active in eight countries.

As of March 31, 2024, lending to the public amounted to SEK 114.9 billion and deposits totaled SEK 105.2 billion.

Read more about NOBA and our brands at www.noba.bank.

The information was sent for publication, through the agency of the contact persons set out above, on June 19, 2024, at 08.30 p.m. CET.