Foreign shares

Which foreign stock exchanges can I trade on?

These stock exchanges are available for trading via our online share trading:

• Stockholm Stock Exchange, Sweden
• Copenhagen Stock Exchange, Denmark
• Helsinki Stock Exchange, Finland
• NYSE, AMEX and NASDAQ, US
• London Stock Exchange, UK
• Deutsche Börse Group Frankfurt, Germany
• Euronext Brussels, Belgium
• Euronext Paris, France
• Euronext Amsterdam, the Netherlands
• Swiss Exchanges, Switzerland
• Madrid Stock Exchange, Spain
• Toronto Stock Exchange, Canada*

In addition, you can of course trade on Oslo Børs (the Oslo Stock Exchange).

*Trading on TSX Venture Exchange is not possible.

How do I trade foreign shares online?

To trade on international markets, you must have an agreement for online equity trading through DNB Carnegie, as well as an agreement to establish a VP Foreign account.

You can easily enter into an agreement for a VP Foreign account electronically in our online equity trading service (logged in) under the "My profile" tab.

Can I trade foreign shares with my share savings account?

Yes, but as a general rule you can only trade foreign shares on marketplaces within the EU/EEA* with a share savings account.

To trade shares in, for example, the US or Canada, you must use an ordinary equity trading account. If you do not have this account type, it can be ordered under "My profile" in the equity trading solution (logged in).

Remember that you must also enter into a VP Utland agreement after the account has been opened.

*The company must also have its head office within the EU/EEA area.

How do I find foreign share prices?

We offer real-time prices for the Nordic region (OMX) and for the US stock market (USA). Real-time prices can be ordered under "My profile" when logged into the share trading solution.

For the other stock exchanges, you can check 15-minute delayed prices or closing prices from the previous stock exchange day within our share trading platform. If you know the name of the stock exchange or index, you can easily Google the prices (see names in the previous answer).

When do the foreign stock exchanges close?

Closing times in Norwegian time are 17:30 in most European countries. Denmark closes at 17:00.

Closing time in the US and Canada (Norwegian time) is 22:00.

Changes may occur; check the individual exchanges' websites for updated opening hours.

NOTE! Subject to daylight saving time adjustments.

As our customer, you receive the same settlement as when trading Norwegian shares.The same trading account is used to debit or credit the trade amount and the brokerage fee.

The settlement period is two business days after the trade date (T+2). Remember that the settlement period takes into account public holidays in the country where the trade is executed.

You can only place limit orders, and they are valid until the end of the trading day.If you place an order after the relevant exchange has closed, the order will be valid until the end of the following trading day.

Can I sell foreign shares I hold through DNB?

Yes, if you bought them electronically through our share trading service, you can also sell them there.

If you bought the shares through other channels, for example over the broker desk, you must have the shares transferred to an online foreign securities account. You can arrange this by contacting the Global Custody department with the following information:

• Securities number (ISIN)
• Number of shares
• Counterparty details (SSI to receiving/delivering bank)
• Counterparty contact information
• The entry value of securities transferred to DNB

If you wish to transfer holdings of foreign securities, a transfer authorisation form must be completed and sent to us and to your current account manager. It will only be possible to transfer shares to a VP Foreign Securities account with us if the shares are traded on one of the exchanges where we offer electronic trading.

The costs for this can be found in the price list.

How does DNB safeguard my foreign shares?

We safeguard foreign shares in a client account at a central securities depository (CSD) where DNB is a member, or in a client account through an agent bank in markets where DNB itself is not a member of the Norwegian Central Securities Depository.

Your shares are held separately from DNB's own, and any agent bank's own, funds. The shares will not form part of any bankruptcy estate. All shares are held and transferred in electronic form in accordance with the rules of the local market.

Here you will find information for you who own shares in the US

Do DNB or DNB's agent banks lend out my shares?

No, neither DNB nor DNB's agent banks lend out shares belonging to DNB's customers without explicit standard procedure from the customer.

Will I appear in the shareholder register when I own foreign shares?

No, as the shares are held in a client account, it is DNB's client account or DNB's agent bank's client account that appears in the shareholder register, depending on the registration form in the local market. The holdings are then marked as client assets in the shareholder register. For example, the term "street name" is used in the US to describe shares held as client assets through an agent bank.

What is "Stamp Duty"?

Stamp Duty is a British tax levied on the trading of securities in England. The tax goes to the British Government.

Stamp Duty does not appear in the order screen when you place a buy order, but will be deducted from your bank account on the settlement date.

When you buy shares on the London Stock Exchange, you will be charged 0.50% of the transaction amount in addition to the brokerage fee. However, if the share is Irish-registered, Stamp Duty will be 1%. Note that Stamp Duty is only paid on purchases, not on sales.

DNB Carnegie stopped all trading with Russia at the time of the invasion of Ukraine in 2022. This applies to trading in shares of Russian companies and instruments with underlying exposure to Russian companies listed on the exchanges in Europe and the US.

We do this because we comply with the extensive sanctions against Russia.

How do I exercise my voting rights at an Annual General Meeting (AGM) in the US?

If you are a DNB customer and own shares traded and held in the US, you can participate in most general meetings there.

Read more about how to proceed here.

For buy orders up to NOK 20 million, we normally exchange the currency automatically, immediately after the order is executed, so that the correct amount is debited in Norwegian kroner. For buy orders over NOK 20 million, however, the exchange is carried out no later than during the next trading day.

When selling, we exchange to Norwegian kroner and credit your trading account with the sale amount, either immediately and automatically or no later than during the next trading day, depending on the amount.

When you buy shares, an estimated amount in Norwegian kroner is reserved in your bank account. When you sell shares, however, the amount is not reserved in your bank account until the exchange has been completed.

Telephone:

(Switchboard): +46 8 5886 88 00

or +46 8 473 4100

Address:

Regeringsgatan 56

103 38 Stockholm

Sweden

DNB Carnegie Sverige

DNB Carnegie Investment Bank AB, Finland Branch

Eteläesplanadi 2

FI-00130 Helsinki

FINLAND

Equity Sales Tel +358 9 6187 12 00

Fixed Income Sales Tel +358 9 6187 13 33

Research: Tel +358 9 6187 12 30

Website:

DNB Carnegie Finland

Investment Banking Copenhagen

Please contact:

Jacob Bastholm

jacob.bastholm@carnegie.dk

Mobile: +45 27 73 00 44

Or

Johannes Vasehus Sørensen

johannes.vasehus@carnegie.dk

Mobile: +45 40 50 54 27

Website:

DnB Carnegie Denmark

Telephone:

(Switchboard): + 44 (0) 20 7621 1111

Address:

8th Floor,

The Walbrook Building

25 Walbrook

London EC4N 8AF

Website:

DNB Carnegie London, UK

Telephone: (Switchboard): + 1 212 681 3800

Address:

DNB Carnegie, Inc.

30 Hudson Yards, 81st floor

New York, N.Y. 10001

USA

Websites:

DNB Carnegie, Inc. NY

Telephone: (Switchboard): +65 62206144

Address:

DNB Bank ASA

Singapore Branch

8 Shenton Way, #48-02

Singapore 06881

Website: DNB Carnegie Singapore