Credit ratings upgraded to A-

AM Best has upgraded the Long-Term Issuer Credit Rating to A-(Excellent) from BBB+ (Good) and the Financial Strength Rating to A- (Excellent) from B++(Good) of Protector Forsikring ASA. The outlook of these Credit Ratings has been revised to stable from positive.

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According to AM Best the ratings reflect Protector's balance sheet strength, which is assessed as strong, as well as Protector's strong operatingperformance, neutral business profile and appropriate enterprise riskmanagement.

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For more information, please see the attached press release.

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Oslo, 17 June 2025

Protector Forsikring ASA