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

Storebrand ASA has on 12 February purchased 200,000 own shares at an average price of NOK 70.82 per share. After this transaction Storebrand owns a total of 756,579 own shares. For further information about the programme, Storebrand refers to the Oslo Stock Exchange notification made on 11 February 2021.

Lysaker, 12 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.