Bank Norwegian AS - Disclosure of large shareholdings under the Securities Trading Act


We would like to inform you that UBS Group AG has crossed the reportable
threshold of 5% of the share capital in Bank Norwegian AS (NO0011002511). Please
let this serve you as our disclosure as set forth below:

Name of the person obliged to notify:
UBS Group AG

Residing at:
Bahnhofstrasse 45
CH-8001 Zurich

Date of event:
1 September 2021

Event triggering the notification:
Acquisition of shares

Total acquired shares:
5'000'000 shares

Total new holding:
11'088'181 shares representing 5.93% of the 186'904'268 voting rights and of the
share capital.

10'968'113 shares are held directly by UBS AG, a subsidiary of UBS Group AG.
120'068 shares are held indirectly by UBS AG through UBS Asset Management (UK)
Limited (32'274), UBS Asset Management Trust Company (16'487), UBS Fund
Management (Luxembourg) S.A. (6'758) and UBS Fund Management (Switzerland) AG