Green Bond Fact Sheet
SpareBank 1 Boligkreditt

Date: 30-Jan-2018

Issue date: 30-Jan-2018 Maturity date: 30-Jan-2025 Tenor: 7Issuer Name

SpareBank 1 BoligkredittAmount Issued

EUR1bn (USD1.24bn)

Country of risk

NorwayCBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeCovered bondGreen Bond Framework

Link to Framework

Second party opinion

DNV GL

Certification Standard

Low Carbon Buildings(Residential)

Assurance report

N/A

Certification Verifier

Multiconsult

Green bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☐ Energy performance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission vehicles☐Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewater treatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use &agriculture☐ Afforestation/parks☐FSC Forestry☐FSC Cellulose & paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ICT☐Industry: process

Issue details
Reporting

Proceed allocation and impact reporting (annual energy consumption in KWh/m2 or energy
savings in MWh, estimated annual GHG emissions reduced/avoided in tons of CO2e, whereavailable) will be disclosed annually on the issuer’s website.

Company information

Norwegian covered bond issuer, with a pool consisting of high quality single family
Norwegian residential mortgages.

Firsts, records andcertifications

Largest covered green bond to date.

Proceeds description

The issuer obtained post-issuance certification in June under the Low Carbon Buildings(Residential) Criteria of the Climate Bonds Standard for its green covered bond issued
in January 2018. Multiconsult provided the Post-Issuance Verification Report.
The certification complies with Climate Bonds’ newly approved proxy for theNorwegian residential market:
1. EPC C label for houses and apartments
2. Building codes 2007 (TEK07) for houses
3. Building codes 2010 (TEK10) or 2017 (TEK17) for apartments. Apartments
under TEK07 do not qualify unless they have an EPC label of C or higher.

Climate Bonds view
Underwriters

Deutsche Bank, ING, Natixis, Unicredit

Deal comments
Credit Rating
Pricing summary
Investors summary

1Aaa (Moody’s)
The bond was 1.7 times oversubscribed.
60% of investors were SRI investors.

Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign