Storebrand ASA

Storebrand ASA: Notice of transactions by PDMRs

In connection with Storebrand's remuneration program for management where part

of the salary is paid in shares, the following primary insiders (PDMRs) have

been awarded the following number of Storebrand ASA shares on 16 February 2023

at NOK 84.88 per share.

Name Remuneration paid as shares New shareholding

Odd Arild Grefstad 18,570 264,090

Lars Aa. Løddesøl 15,074 171,345

Heidi Skaaret 9,251 128,366

Jan Erik Saugestad 11,753 143,058

Trygve Håkedal 8,299 40,711

Tove Selnes 6,477 42,249

Vivi Måhede Gevelt 8,214 15,627

Jenny Rundbladh 5,958 10,382

Please see further details about the transactions in the attached forms.

Subsequently, Storebrand ASA has today sold 160,340 shares at 84.88 per share to

management and owns 7,603,886 shares after the transaction, representing 1.65%

of Storebrand ASA's share capital.

Lysaker, 16 February 2023

For further inquiries, please contact:

Head of Investor Relations & Rating, Daniel Sundahl:

[email protected] or (+47) 913 61 899

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 1,020

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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