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

Storebrand ASA has on 22 February purchased 300,000 own shares at an average price of NOK 72.76 per share. After this transaction Storebrand owns a total of 2,416,255 own shares. Storebrand has in total bought back 2 million shares at an average price of NOK 71.98 per share. The share purchase programme has now ended. For further information about the programme, Storebrand refers to the Oslo Stock Exchange notification made on 11 February 2021.

Lysaker, 22 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.