Storebrand ASA — Capital/Financing Update 2020

Sep 1, 2020

Storebrand ASA - Successful issuance of new senior unsecured bonds

Storebrand ASA - Successful issuance of new senior unsecured bonds

Storebrand ASA has today successfully issued a new NOK 500,000,000 bond issue

with a coupon of 3M Nibor + 0.9 percentage points and a tenor of 5 years.

The proceeds from the bond issue will be used for refinancing of existing debt

and for general corporate purposes.

The bonds will be applied for listing at Nordic ABM.

Danske Bank and Nordea acted as Joint Lead Arrangers for the transaction.

For further information, please contact:

Kjetil R. Krøkje, Group Head of Finance, Strategy and M&A, telephone +47 934 12

155

Nikola Heitmann, Head of Capital Management, telephone +47 416 97 236

This information is subject to disclosure requirements pursuant to §5-12 of the

Norwegian Securities Trading Act.