Storebrand ASA

Transaction in Own Shares

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STOREBRAND ASA: The NFSA has approved Storebrand's application for share buybacks

In connection with the publication of Storebrand's 1st quarter 2022 results,

Storebrand announced that the Board intends to initiate a share buyback program

and would seek an approval from the Norwegian Financial Supervisory Authority

(NFSA) to initiate a program amounting to NOK 500 million. The application has

now been approved and the program is expected to commence in the 3rd quarter

Lysaker, 17 June 2022

Contact person:

Head of Investor Relations & Rating, Daniel Sundahl:

[email protected] or (+47) 913 61 899

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