DNB Bank (DNB) Investor presentation summary

Green finance framework and structure

• Green finance instruments include green covered, senior preferred/non-preferred, and tier 2 bonds, with proceeds allocated to green residential buildings, renewable energy, and clean transportation.

• Framework is structured in line with ICMA Green Bond Principles and partially aligned with the EU Taxonomy, with a second party opinion from Sustainalytics.

• Impact reports are provided by Multiconsult and Carbon Trust, supporting transparency and accountability.

• Eligible green asset portfolio is managed through a portfolio approach, with annual allocation and impact reporting.

• Green loans receive a discount and ESG is integrated into the credit process for all corporate loans.

Use of proceeds and eligible assets

• Green residential buildings: ~NOK 130bn in assets, focusing on energy-efficient buildings in Norway, aligned with EU Taxonomy criteria.

• Renewable energy: ~NOK 35bn in assets, including solar, wind (onshore/offshore), and hydropower projects, plus transmission and storage systems.

• Clean transportation: ~NOK 59bn in assets, supporting zero-emission vehicles and infrastructure, meeting EU Taxonomy criteria.

• As of 31 December 2025, the total eligible green loan portfolio is ~NOK 224bn, with ~87% allocated.

Impact and reporting

• Annual avoided CO2 emissions from the eligible portfolio total 1,451,102 tons, with green buildings, renewable energy, and clean transportation all contributing.

• Green covered bonds yield 0.07 tCO2e/year per NOKm invested, while green unsecured bonds yield 7.82 tCO2e/year per NOKm invested.

• Impact and allocation reporting is conducted annually, with external assurance from Multiconsult and second party opinion from Sustainalytics.