Pareto Bank ASA

Item 7.00 Remuneration Report

Folketrygdfondet’s decision to abstain from voting on the executive Remuneration Report is based on a cumulative assessment taking into consideration that the report provides insufficient disclosure to assess how and lack of reasoning to explain the rationale for if and to what extent the executive remuneration strategy aligns with shareholder interests. For this reason, we abstained from voting on this item.