Storebrand ASA — Capital/Financing Update 2024

Nov 26, 2024

Storebrand Bank Issues New Green Senior Preferred Bond

Storebrand Bank Issues New Green Senior Preferred Bond

Storebrand Bank ASA has today announced the issuance of a new green senior

preferred bond MREL-eligible. This issuance is part of the bank's strategy to

strengthen its capital base and secure long-term green financing.

Key details of the bond:

· Volume:              NOK 300 million

· Coupon Rate:    NIBOR + 61 bps

· Maturity Date:    March 2, 2028

· ISIN:                    NO0013415240

The bond will be listed on Nordic ABM, and the proceeds from the issuance will

be used to finance green mortgages in line with the bank's growth strategy.

"We are pleased to offer this new green bond to our investors. This is an

important contribution to a greener financing structure and to the development

of a green bond market in Norway," says CEO Camilla Leikvoll of Storebrand Bank.

Contact person: Einar Leikanger, Head of Treasury Storebrand Bank ASA, tlf.: +47

93420379