Investor Presentation

Content Overview

Norwegian Economy

• Strong fundamentals

SpareBank 1 Alliance

• 2nd largest Norwegian financial group by assets
• The Alliance has a market share of approx. 25% of residential mortgage lending
• 12 savings banks, highly integrated cooperation 

SpareBank 1 Boligkreditt: Cover Bond Issuer (Aaa)

• Aaa rated covered bonds backed by high quality residential mortgages 
• Mortgages originated by SpareBank 1 parent banks
• Green covered bond issuer since 2018

Norwegian Housing and Mortgage Market

• High home ownership rate
• Strict mortgage underwriting standards and regulation

Covered Bond Legislation

• Harmonized covered bond law and regulation according to the EU covered bond directive