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Storebrand ASA M&A Activity 2024

Jun 21, 2024

3766_rns_2024-06-21_0322c40e-a119-48c8-b498-aad905f3feeb.html

M&A Activity

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STOREBRAND ASA - Headquarter transaction closed

STOREBRAND ASA - Headquarter transaction closed

Reference is made to the stock exchange notification on 31 May 2024.

Storebrand has now acquired 100% of the shares in Lysaker Park Eiendom AS and

the transaction has been closed today.

The gross property value amounts to approx. NOK 1.7 billion.

Lysaker, 21 June 2024

For further inquiries, please contact:

Johannes Narum, Head of Investor Relations:

[email protected] or (+47) 993 33 569

Stig-Øyvind Blystad, Director of Communications:

[email protected] or (+47) 918 47 226

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 55,000

corporate customers, 2.2 million individual customers and manages NOK 1,281

billion. The Group has its headquarter at Lysaker outside of Oslo, Norway.

Storebrand (STB) is listed on Oslo Stock Exchange.

www.storebrand.no