Storebrand ASA

STOREBRAND ASA: Changes in group management

Vivi Måhede Gevelt has been named the new Managing Director of Storebrand

Livsforsikring AS and Executive Vice President of Storebrand Group for the

corporate customer segment in Norway. Vivi has 15 years of experience in

Storebrand and has most recently been the Head of Customer Service and Claims.

Vivi replaces Geir Holmgren who will begin as the new CEO of Gjensidige.

In Sweden, Jenny Rundbladh has been named the new Managing Director of SPP

Pension & Försäkring AB after Staffan Hansén, who will begin as the new CEO of

Tredje AP-fonden (AP3). Jenny has broad experience from the insurance sector.

She joined SPP in 2018 and has until now been the Chief Commercial Officer of

SPP.

"I am very excited to have Vivi and Jenny on board the team that is leading

Storebrand into the future. I am also proud that Storebrand has strong and

skilled leaders in the organisation who are ready to take on challenging and

important new roles," says CEO Odd Arild Grefstad.

Lysaker, 31 August 2022

For Further Inquiries, Please Contact:

Head of Investor Relations & Rating, Daniel Sundahl:

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

For media requests:

EVP Sustainability, Communications and Business Policy:

[email protected] or (+47) 411 92 329

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 40.000 corporate customers, 2 million individual customers

and manages NOK 1 009 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.

AI Terminal