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Regulatory press release

Morrow Bank ASA - Disclosure of voting proxies

Morrow Bank
This notice is made by Morrow Bank ASA (the "Company") on behalf of person with
disclosure obligations pursuant to section 4-3 the Norwegian Securities Trading
Act.

Stig Eide Sivertsen, chairman of the board of directors of the Company has
received proxies to represent and vote (without voting instructions) for a total
of 11,609,626 shares at the upcoming extraordinary general meeting in the
Company on 25 November 2024, corresponding to 5.05% of the share capital and
voting rights of the Company. The proxies are only valid for voting at the
extraordinary general meeting.

Through his wholly owned company, Theoline AS, Mr. Sivertsen also holds 500,000
shares in the Company, which he will represent and vote for at the extraordinary
general meeting, corresponding to 0.22% of the share capital and voting rights
of the Company. Consequently, Mr. Sivertsen will in aggregate represent and vote
for a minimum of 12,109,626 shares in the Company at the extraordinary general
meeting, corresponding to 5.27% of the share capital and the voting rights of
the Company.
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