Capital adequacy – Q3 2026 – Sparebanken Norge

Note 14 Capital adequacy

31.12.25	30.09.25	30.09.26	Capital adequacy	30.09.26	30.09.25	31.12.25
PARENT BANK						GROUP
			Risk-weighted assets (RWA)
41,298	36,353	49,722	Corporates – Other	49,707	36,362	41,307
612	687	503	Corporates – Specialised	503	687	612
25,693	23,305	27,008	Retail – Secured by property	77,946	62,738	68,756
1,469	1,343	0	Retail – Other	0	1,348	1,482
0	10,772	0	Equity positions IRB	0	0	0
69,072	72,461	77,232	Total credit risk IRB	128,156	101,136	112,157
66	64	320	Central governments or central banks	332	91	83
8,219	7,809	15,313	Institutions	1,577	1,392	1,335
2,952	2,199	2,007	Corporates	13,309	14,205	13,534
4,183	555	3,077	Retail	17,922	10,023	18,560
27,093	38,956	18,523	Secured by property	27,277	52,589	35,938
998	1,077	896	Past due exposures	1,822	1,982	1,798
3,825	4,100	3,540	Covered bonds	3,677	4,267	4,190
21,866	14,394	21,883	Equity	5,422	4,296	4,768
2,041	2,635	1,981	Other items	3,331	3,480	2,439
71,242	71,788	67,541	Total credit risk standardised approach (SA)	74,670	92,325	82,645
13,287	11,090	13,287	Operational risk	17,544	16,071	17,544
686	653	1,237	Risk of credit valuation adjustment for counterparty (CVA)	1,372	1,216	1,193
154,287	155,993	159,297	Total risk-weighted assets (RWA)	221,742	210,747	213,538
			Own funds
4,332	4,240	4,332	Equity certificates	4,332	4,240	4,332
-1	-2	-13	Deductions for own equity certificates	-13	-2	-1
9,305	8,879	9,305	Premium reserve	9,305	8,879	9,305
19,140	19,106	19,239	Primary capital	19,239	19,106	19,140
5,517	5,377	5,517	Compensation fund	5,517	5,377	5,517
150	150	150	Gift fund	150	150	150
3,571	3,601	3,557	Equalisation reserve	3,557	3,601	3,571
5,248	2,948	3,682	Other equity	7,127	5,707	7,264
			Minority interests	1,477	1105	1194
47,262	44,299	45,770	Total book equity excluding hybrid capital	50,692	48,163	50,472
			Deductions
-5,207	-5,061	-5,096	Goodwill and other intangible assets	-6,259	-6,275	-6,387
			Including effects of regulatory scope of consolidation	0	0	0
116	74	89	Adj. for unrealised losses/(gains) on debt recorded at fair value	75	-14	60
-227	-224	-241	Value adjustments due to the requirements for prudent valuation	-141	-176	-171
-489	-489	-489	Adj. for investments in other financial institutions	-641	-621	-622
-428	-294	-531	Adjusted expected losses IRB-portfolios	-716	-384	-592
-14	-13	-35	Other deductions	-267	-215	-229
-5,077	-1,477	-1,828	Profit not eligible for Common Equity Tier 1 capital	-2,539	-2,287	-5,077
35,935	36,815	37,638	Common Equity Tier 1 capital	40,205	38,191	37,452
3,775	3,735	4,046	Additional Tier 1 capital	4,506	4,195	4,235
39,710	40,550	41,684	Total Tier 1 capital	44,711	42,386	41,687
5,490	4,945	5,442	Tier 2 instruments - Supplementary capital	5,822	5,374	5,920
45,200	45,495	47,127	Own funds	50,533	47,760	47,607
			Minimum requirement
12,343	12,479	12,744	Own funds, minimum requirement; 8%	17,739	16,860	17,083
32,857	33,015	34,383	Own funds, regulatory surplus	32,794	30,900	30,524
28,992	29,796	30,470	of which surplus Common Equity Tier 1 to cover buffer requirement	30,226	28,707	27,843
			Buffer requirements
3,857	3,900	3,982	Capital conservation buffer requirement; 2,5%	5,544	5,269	5,338
6,943	7,020	7,168	Systemic risk buffer requirement; 4,5%	9,978	9,484	9,609
3,857	3,900	3,982	Countercyclical buffer requirement; 1,5%	5,544	5,269	5,338
14,657	14,819	15,133	Total buffer requirement Common Equity Tier 1	21,065	20,021	20,286
14,335	14,976	15,337	Common Equity Tier 1 capital, regulatory surplus	9,161	8,686	7,557
23.3 %	23.6 %	23.6 %	Common Equity Tier capital ¹⁾	18.1 %	18.1 %	17.5 %
2.4 %	2.4 %	2.5 %	Additional Tier 1 capital	2.0 %	2.0 %	2.0 %
3.6 %	3.2 %	3.4 %	Supplementary capital	2.6 %	2.5 %	2.8 %
29.3 %	29.2 %	29.6 %	Capital adequacy	22.8 %	22.7 %	22.3 %
1) The CET1 at the end of Q3 2026/2025 includes 50% of the profit for the period, in line with the dividend policy. The CET1 ratio for the Group without profit accumulation was 17.0 (17.0)%.

31.12.25	30.09.25	30.09.26	Leverage ratio	30.09.26	30.09.25	31.12.25
PARENT BANK						GROUP
354,994	358,729	367,524	Balance sheet items included in the leverage ratio exposure measure	595,713	569,302	564,205
23,269	21,666	24,633	Off-balance sheet items	24,533	20,137	20,472
-1,888	-7,492	5,358	Regulatory adjustments	-4,394	-7,857	-3,429
376,374	372,903	397,515	Calculation basis for leverage ratio²⁾	615,853	581,583	581,248
39,710	40,550	41,684	Core capital	44,711	42,386	41,687
10.6 %	10.9 %	10.5 %	Leverage ratio	7.3 %	7.3 %	7.2 %
2) The CET1 ratio at the end of Q3 2026/2025 includes 50% of the profit for the year to date in line with the dividend policy. The CET1 ratio for the Group without profit accumulation was 6.8 (6.9)%.

Q3 2026Unaudited

Note 14 Capital adequacy