Storebrand ASA - Correction: Status share buy back to fund employee incentive program

Correction of notification sent on 16 February 2021: https://newsweb.oslobors.no/message/525067

Storebrand ASA had on 16 February purchased 251,300 own shares (corrected from 251,000 shares) at an average price of NOK 72.64 per share.

The corrected total holding of own shares in the following days of the share buy back program are as following:

Lysaker, 23 February 2021

Contacts

Head of Investor Relations: Sundahl, Daniel daniel.sundahl@storebrand.no or (+47) 913 61 899

Storebrand's ambition is to provide our customers with financial freedom and security by being the best provider of long-term savings and insurance. Storebrand will deliver sustainable solutions adapted to the customer's individual situation, so that each person receives a better pension in a more sustainable world. Storebrand has about 40.000 corporate customers and 2 million individual customers, and has its headquarter at Lysaker outside of Oslo, Norway. Storebrand manages NOK 962 bn and is one of the largest asset managers in the Nordics. Storebrand (STB) is listed on Oslo Stock Exchange.

Visit us at http://www.storebrand.no and follow us on Twitter: @Storebrand_no

This announcement is subject to information pursuant to the Securities Trading Act § 5-12.