Storebrand ASA - M&A Activity 2024

STOREBRAND BANK ASA - Internal Group Merger with Kron AS completed

Reference is made to the stock exchange announcement of October 1, 2024, from

Storebrand Bank ASA ("SBB") stating that the board and general meeting of SBB

have approved the merger plan regulating the planned internal group merger

between SBB and Kron AS ("Kron"), with the former as the acquiring company.

The creditor period of 6 weeks is expired, and the merger is approved by the

Norwegian Financial Supervisory Authority. The merger may thus be carried out

and a notification of the completed merger is today registered in the Register

of Business Enterprises.

The merger takes effect upon registration in the Register of Business

Enterprises, and all assets, rights, and obligations of Kron is transferred to

SBB. Kron is simultaneously dissolved.

Lysaker, November 29, 2024

For further inquiries, please contact:

Johannes Narum, Head of Investor Relations: [email protected] or

(+47) 993 33 569

This information is mandatory according to Euronext Oslo Rule Book II.

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