Storebrand ASA

Transaction in Own Shares • Jun 30, 2023

STOREBRAND ASA: Share buyback program completed

STOREBRAND ASA: Share buyback program completed

Storebrand's buyback program, announced on 29 March 2023, is now completed.

The total number of shares purchased under the program was 6 147 178 at an

average price of NOK 81.34 per share, for a total consideration of NOK 500

million.

Following the transactions, Storebrand ASA owns a total of 13 297 612 own

shares, representing 2.82% of Storebrand ASA's share capital.

The shares repurchased under the buyback program will be redeemed (i.e.

cancelled), subject to permission from the Financial Supervisory Authority and

resolution from Storebrand ASA's General Meeting in 2024.

Overview of transactions

Date Aggregate daily Volume weighted Total

volume (no. of average price transaction

shares) (NOK) value (NOK)

26.06.2023 115 000 81.54 9 377 020

27.06.2023 114 348 82.20 9 399 486

28.06.2023 45 202 82.95 3 749 578

29.06.2023 73 744 83.15 6 131 865

30.06.2023 58 404 83.83 4 895 750

Total previously announced 5 740 480 81.26 466 446 253

transactions under the

program:

Attachment: An overview of all the completed transactions under the program for

the dates specified above is attached to this notification and available on

www.newsweb.no.

Lysaker, 30 June 2023

For further inquiries, please contact:

Trond Finn Eriksen, Investor Relations (interim):

trond.finn.eriksen@storebrand.no or (+47) 991 64 135

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 1,111

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.