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Regulatory press release

Pareto Bank ASA - PDMR

Pareto Bank
Pareto Bank ASA (the "Bank") has received notification from primary insider
Pareto AS concerning a share lending agreement entered into between Pareto AS,
Pareto Securities AS and the Bank, pursuant to which Pareto AS has granted
Pareto Securities AS an option to borrow up to 6,930,693 shares in the Bank. The
loan of shares is to facilitate settlement of the new shares in the Bank issued
in connection with the private placement which was completed on 22 August 2023.

The notification is attached hereto.

This information is subject to the disclosure requirements in Regulation EU
596/2014.

For more information, please contact:

Tiril Haug Villum, CEO
+47 92 25 64 32

Even Wahl, legal counsel
+47 47 27 05 31
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