Storebrand ASA - Board/Management Information 2016

Storebrand ASA: Storebrand adapts for further growth

Storebrand makes changes in the Executive Management team effective from

November 30, 2016. - Storebrand has adapted its organization several times

during the past years to facilitate strengthened customer orientation and

commercial growth. The changes we are now doing represent a step further in that

direction, says CEO of Storebrand, Odd Arild Grefstad.

The financial industry is experiencing major technological change. Storebrand

therefore establishes a new Digital business development area in the Executive

Management team. The new area will be led by Jostein Chr. Dalland.

To further strengthen and ensure a unified communication with major

stakeholders, Storebrand also establishes a new Communication area in the

Executive Management team. Recruitment to this position is ongoing, and the

change comes into effect when a new EVP Communication is in place.

Lysaker, November 30, 2016

Contacts:

Communications Director Elin Myrmel-Johansen: Mobile +47 93 48 05 38

Head of Investor Relations Kjetil R. Krøkje: Mobile + 47 93 41 21 55

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