Storebrand ASA

Transaction in Own Shares • May 30, 2023

STOREBRAND ASA: Status share buyback program

STOREBRAND ASA: Status share buyback program

Transactions made under Storebrand ASA's share buyback program

Announcement date of the share buyback program: 29 March 2023

End date of the share buyback program: 30 June 2023

Overview of transactions

Date Aggregate daily Volume weighted Total

volume (no. of average price transaction

shares) (NOK) value (NOK)

22.05.2023 204 392 80.97 16 549 927

23.05.2023 117 648 82.11 9 660 442

24.05.2023 236 000 81.28 19 182 363

25.05.2023 240 000 80.45 19 307 160

26.05.2023 246 000 80.49 19 801 721

Total previously announced 1 417 101 80.12 113 540 147

transactions under the

program:

Total transactions under the 2 461 141 80.47 198 041 760

program:

Following the above listed transactions, Storebrand ASA owns a total of 10 065

027 own shares, representing 2.13% of Storebrand ASA's share capital.

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 May 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.