STOREBRAND ASA: Changes in group management

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Vivi Måhede Gevelt has been named the new Managing Director of Storebrand Livsforsikring AS and Executive Vice President of Storebrand Group for the corporate customer segment in Norway. Vivi has 15 years of experience in Storebrand and has most recently been the Head of Customer Service and Claims. Vivi replaces Geir Holmgren who will begin as the new CEO of Gjensidige.

In Sweden, Jenny Rundbladh has been named the new Managing Director of SPP Pension & Försäkring AB after Staffan Hansén, who will begin as the new CEO of Tredje AP-fonden (AP3). Jenny has broad experience from the insurance sector. She joined SPP in 2018 and has until now been the Chief Commercial Officer of SPP.

"I am very excited to have Vivi and Jenny on board the team that is leading Storebrand into the future. I am also proud that Storebrand has strong and skilled leaders in the organisation who are ready to take on challenging and important new roles," says CEO Odd Arild Grefstad.

Lysaker, 31 August 2022

For Further Inquiries, Please Contact:

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

For media requests:

EVP Sustainability, Communications and Business Policy:
karin.greve-isdahl@storebrand.no or (+47) 411 92 329

Storebrand is a Nordic financial group, delivering increased security and financial wellness for people and companies. We offer sustainable solutions and encourage our customers to take good economic decisions for the future. Our purpose is clear: we create a brighter future.

Storebrand has about 40.000 corporate customers, 2 million individual customers and manages NOK 1 009 billion. The Group has its headquarter at Lysaker outside of Oslo, Norway. Storebrand (STB) is listed on Oslo Stock Exchange.

www.storebrand.no

This is information is pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

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