Download presentation from press conference on 10th of February 2010. Last ned presentasjonen for SpareBank 1 Gruppen AS - Årsresultat 2009.

1. Preliminary accounts for 2009 Presentation of results from SpareBank 1 Gruppen Kirsten Idebøen, CEO 10 February 2010

5. SpareBank 1 Gruppen group Profit/loss for 2009

6. Bank 1 Oslo Historic annual profit with high net interest income and good financial income

9. Bank 1 Oslo (parent bank) Improved deposit margin in second half-year The reference interest rate used in the margin calculation is 3 months NIBOR MNOK

10. Bank 1 Oslo (parent bank) Greater losses on loans compared with last year – loss as percentage of gross lending 0.59 % MNOK Individual write-downs Group write-downs Net write-offs and incomings on previous write-offs Total loss on loans Total loss on loans Q4 -50.2 -52.3 -65.1 3.5 -16.3 -32.3 -123.2 -35.0 -65.9 -22.3 -140.0 -120.0 -100.0 -80.0 -60.0 -40.0 -20.0 0.0 20.0 2008 2009

12. EiendomsMegler 1 – back on top Source: Dagens Næringsliv. Tuesday 26 January

13. SpareBank 1 Livsforsikring Historic annual profit with strong investment and risk results

16. SpareBank 1 Livsforsikring Rising s hareholding in the group portfolio NOK 15.5 (14.7) billion NOK 2.5 (1.3) billion NOK 5.6 (4.0) billion At 31.12.2009 *) 34.2 (31.4) % 24.3 (30.3) % 14.5 (12.4) % 21.7 (22.9) % 5.2 (3.0) % 19.4 (1.0) % 0.1 (7.3) % 48.7 (26.9) % 14.7 (32.6) % 17.0 (32.2) % 31.5 (28.9) % 61.4 (54.4) % 7.1 (16.7) % * Figures in brackets are as at 31.12.08

17. SpareBank 1 Livsforsikring Good value-adjusted return on customer portfolios with guarantee (excl. change in value construction) Q3 2009 Q4 2009 Q3 2009 Q4 2009 Q3 2009 Q4 2009 Q3 2009 Q4 2009 NA Source: company presentations

18. SpareBank 1 Skadeforsikring Historic results with high financial return and good portfolio growth

22. ODIN Forvaltning Removing subscription and redemption fees

24. Argo Securities The foundations have been laid

26. SpareBank 1 Gruppen Finans Holding group Solid performance in the first year of operation for the receivables management company

29. SpareBank 1 Gruppen - well equipped for further growth

30. Bank. Insurance. And you.

31. Appendix

32. SpareBank 1 Alliance SpareBank 1 Gruppen AS Broad alliance - Brands - Technology - Expertise - Shared processes / best practise - Purchasing Regional centres of expertise - The Payments Sector: Trondheim - Credit: Stavanger - Teaching: Tromsø SpareBank 1 Factoring AS (100 %) Actor Fordrings- forvaltning AS (100 %) Actor Portefølje AS (100 %) Actor Verdigjenvinning AS (100 %) SpareBank 1 SR-Bank (19,5 %) SpareBank 1 SMN (19,5 %) SpareBank 1 Nord-Norge (19,5 %) Sparebanken Hedmark (12 %) Samarbeidende Sparebanker (19,5 %) Norwegian Confederation of Trade Unions (LO) (10 %) The Alliance SpareBank 1 Skadeforsikring AS (100%) SpareBank 1 Livsforsikring AS (100%) ODIN Forvaltning AS (100%) Argo Securities AS (73,25%) Bank-owned operation: SpareBank 1 Boligkreditt AS EiendomsMegler 1 BNbank ASA SpareBank 1 Oslo & Akershus SpareBank 1 Gruppen Finans Holding AS (100%) SpareBank 1 Medlemskort AS (100%)

34. SpareBank 1 Gruppen group Quarterly results

35. Bank 1 Oslo (group) Profit/loss for 2009

36. Bank 1 Oslo (parent bank) Stable development in non-performing loans in 2009, but higher than in 2008 Percent Non-performing loans = Total of overdue claims over 90 days and impaired non-overdue claims over 90 days

37. Bank 1 Oslo (parent bank) Stable development in non-performing loans

38. SpareBank 1 Livsforsikring Profit/loss for 2009 * * The company’s accounts do not show the tax cost because deferred tax advantages are not recognised in accordance with accounting standard IAS 12. The company’s tax cost of MNOK 158 year-to-date is included in SpareBank 1 Gruppen’s consolidated tax

39. SpareBank 1 Livsforsikring Return ordinary customer portfolio with guarantee as at 31 December 2009

40. SpareBank 1 Livsforsikring Booked return for customer portfolios with guarantee 2009 NA Q3 2009 Q4 2009 Q3 2009 Q4 2009 Q3 2009 Q4 2009 Q3 2009 Q4 2009 Source: company presentations

41. SpareBank 1 Livsforsikring Balance sheet as at 31 December 2009

42. SpareBank 1 Livsforsikring Growth in premium income

43. SpareBank 1 Livsforsikring Profit/loss per portfolio as at 31 December 2009

44. SpareBank 1 Skadeforsikring Profit/loss for 2009

45. SpareBank 1 Skadeforsikring Strong portfolio growth of 6.7 % (2.9 %) in 2009 + 7.9 % + 10.9 % + 2.0 % + 5.8 % + 2.9 % + 6.7 % Retail Market portfolio Corporate market portfolio Total portfolio

46. ODIN Forvaltning Profit/loss for 2009

47. 49 55 REALISED EFFECTS PROFITABILITY PROJECT Q3-09 Q2-09 Q4-10 Q1-10 Q4-09 Q3-10 Q2-10 Q1-10 Q4-09 Q3-09 Q4-10 Q3-10 Q2-10 Q2-09 Realisation of profitability effects per quarter Realisation of staffing consequences per quarter (FTEs) Realised year-to date Realised year-to date SUB PROJECT SpareBank 1 Skadeforsikring REPORT DATE 01.02.2010 Prognose Plan Faktisk realisert Prognose Plan Faktisk realisert

48. 101 REALISED EFFECTS PROFITABILITY PROJECT Q1-10 Q4-09 Q3-09 Q2-09 Q2-10 Q4-10 Q3-10 Q4-10 Q3-10 Q2-10 Q1-10 Q4-09 Q3-09 Q2-09 Realisation of profitability effects per quarter Realisation of staffing consequences per quarter (FTEs) Realised year-to date Realised year-to date SUB PROJECT SpareBank 1 Livsforsikring REPORT DATE 01.02.2010 Prognose Plan Faktisk realisert Prognose Plan Faktisk realisert

49. 89 REALISED EFFECTS PROFITABILITY PROJECT Q1-10 Q4-09 Q3-09 Q2-09 Q2-10 Q4-10 Q3-10 Q4-10 Q3-10 Q2-10 Q1-10 Q4-09 Q3-09 Q2-09 Realisation of profitability effects per quarter Realisation of staffing consequences per quarter (FTEs) Realised year-to date Realised year-to date SUB PROJECT Bank 1 Oslo REPORT DATE 01.02.2010 Prognose Plan Faktisk realisert Prognose Plan Faktisk realisert

50. Strong progress in the profitability project, also without the demerged Bank 1 Oslo 92 2H 2010 1H 2010 2H 2009 1H 2009 2H 2010 1H 2010 2H 2009 1H 2009 REALISED EFFECTS AS AT 31 DECEMBER 2009 – EXCLUDING BANK 1 OSLO Realisation of profitability effects Realisation of staffing consequences (FTEs) Realised year-to date Realised year-to date Prognose Plan Faktisk realisert Prognose Plan Faktisk realisert

53. Key figures SpareBank 1 Gruppen with subsidiaries