Storebrand ASA — Major Shareholding Notification 2017

May 5, 2017

Storebrand

Storebrand

Drew Holding Ltd ("Drew"), a company affiliated with

Tor Olav Troim, has on 4th May 2017 extended

forward contracts for 7.450.000 shares in Storebrand.

The new forward contract expires 3 November 2017 at price

of NOK 58.655/share

Including the shares held directly by Drew, its total

exposure in Storebrand is unchanged at 10.000.000

shares.

Drew has, since September 2015, been represented on

the board of directors of Storebrand by Mr. Håkon R.

Fure.