Storebrand ASA

STOREBRAND ASA: Share buyback program completed

Storebrand's buyback program, announced on 12 February 2025, is now completed.

The total number of shares purchased under the program was 5 845 292 at an

average price of NOK 128.31 per share, for a total consideration of NOK 750

million.

Following the transactions, Storebrand ASA owns a total of 6 685 077 own shares,

representing 1.54% of Storebrand ASA's share capital.

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

cancelled), subject to approval by the AGM in 2026.

Overview of transactions

Date Aggregate daily Volume weighted Total

volume (no. of average price transaction

shares) (NOK) value (NOK)

23.06.2025 70 000 136.51 9 555 861

24.06.2025 68 000 139.49 9 485 592

25.06.2025 51 292 140.04 7 182 875

Total previously announced 5 656 000 127.97 723 775 696

transactions under the

program:

Total transactions under the 5 845 292 128.31 749 999 896

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, 26 June 2025

For further inquiries, please contact:

Johannes Narum, Head of Investor Relations:

[email protected] or (+47) 993 33 569

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 1,442

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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