STOREBRAND LIVSFORSIKRING AS: Ministry of Finance subpoenas Tax Appeals Committee

Ministry of Finance has today issued a subpoena against the Tax Appeals Committe (Skatteklagenemda) in the tax case concerning whether group contributions should reduce the tax value of shares. The Tax Appeals board gave a judgement that provided full support for Storebrand Livsforsikring AS view in the case in point. Reference is made to the stock exchange announcement dated 20 June 2023 for additional information. 

There is no new information in the subpoena which, in Storebrand Livsforsikring AS' opinion, provides grounds for changes in the company's accounts. 

Lysaker, 13 December 2023 

For further inquiries, please contact: 

Johannes Narum, Head of Investor Relations: johannes.narum@storebrand.no or (+47) 993 33 569 

Kjetil Ramberg Krøkje, Head of Strategy & Finance: kjetil.r.krokje@storebrand.no or (+47) 934 12 155 

About Storebrand 

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 55.000 corporate customers, 2.2 million individual customers and manages NOK 1,131 billion. The Group is headquarter at Lysaker outside of Oslo, Norway. Storebrand (STB) is listed on Oslo Stock Exchange. Visit us on 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.