Komplett Bank Annual Report 2020

Shareholder information Upon publication, all investor information, such as annual- and interim reports, presentations, and the financial calendar, shall be made available on the Bank’s website. For additional information regarding the Bank’s share, reference is made to note 6 of the annual financial statements as well as Komplett Bank’s investor relations website; ir.komplettbank.com . The share Komplett Bank’s shares are listed on the Oslo Stock Exchange with the ticker symbol KOMP. As of 31 December 2020, there were 186,613,739 shares issued with a par value of NOK 1.0. Not counting options or subscription rights exercised as part of the Bank’s share option programme, the latest share issue was in relation to Komplett Bank’s initial public offering and subsequent listing on the Oslo Stock Exchange in November 2017. At the end of 2020, the market value of Komplett Bank was NOK 1.7 billion, down from NOK 2.3 billion at the end of 2019. This equals 0.7 times the book value of the Bank’s equity as of 31 December 2020. The share price as of 31 December 2020 was NOK 9.00, compared to NOK 12.48 at the end of 2019, which corresponds to a return of -27.88 per cent for the year. The highest recorded price for the share during the year was NOK 12.80 per share in January, while the lowest recorded price was NOK 3.06 per share in March 2020. Throughout 2020, Komplett Bank’s shares were traded on 252 out of 252 trading days at the Oslo Stock Exchange. An average 512,625 shares were traded per day, which is a total of 121.2 million shares for the full year. This corresponds to a turnover of 69 per cent of the total number of shares issued. Voting rights Komplett Bank has one share class with equal voting rights and are freely tradable. Shareholders’ voting rights at the general meeting correspond to the number of shares they own and have registered with the Norwegian Central Securities Depository (VPS) at the time of the meeting. Dividend policy The Board of Directors of Komplett Bank has adopted a dividend policy to pay out excess capital which is not deployed for growth purposes in accordance with the Bank’s strategy. As of 31 December 2020, Komplett Bank has not yet paid dividends. Shareholders At the end of 2020, Komplett Bank had 3,855 shareholders and the 10 largest shareholders held 52.4 per cent of the Bank’s shares. At the end of 2020, 153,222,015 shares were held by Norwegian investors and 33,391,724 shares were held by foreign investors, corresponding to a total foreign ownership of 18.0 per cent. Kistefos AS is Komplett Bank’s largest shareholder with 44.7 million shares, equivalent to 24.0 per cent ownership, as of 31 December 2020. Several employees of Komplett Bank own shares and share options in Komplett Bank. Please see note 11 for details regarding the ownership of primary insiders of Komplett Bank. Komplett Bank strives to ensure non-discriminatory distribution of information in its communication with the financial markets to develop end retain investor confidence. Furthermore, it is the intention of Komplett Bank to ensure that shareholders, investors and analysts have sufficient information about the Bank to assess the fair and proper value of its shares. 10 Shareholder information