Storebrand ASA

Transaction in Own Shares • Nov 22, 2024

STOREBRAND ASA: Share buyback program completed

STOREBRAND ASA: Share buyback program completed

Storebrand's buyback program, announced on 24 April 2024, is now completed.

The total number of shares purchased under the program was 9 785 494 at an

average price of NOK 112.41 per share, for a total consideration of NOK 1.1

billion.

Following the transactions, Storebrand ASA owns a total of 13 988 270 own

shares, representing 3.12% of Storebrand ASA's share capital.

The shares repurchased under the buyback program will be redeemed (i.e.

cancelled), subject to approval by the AGM in 2025.

Overview of transactions

Date Aggregate daily Volume weighted Total

volume (no. of average price transaction

shares) (NOK) value (NOK)

18.11.2024 25 000 121.24 3 030 958

19.11.2024 25 000 121.25 3 031 350

20.11.2024 38 152 121.69 4 642 763

21.11.2024 25 000 122.42 3 060 428

22.11.2024 24 187 122.51 2 963 103

Total previously announced 9 648 155 112.28 1 083 271 327

transactions under the

program:

Total transactions under the 9 785 494 112.41 1 099 999 931

program:

Attachment: An overview of all the completed transactions under the program for

the dates specified above is attached to this notification and available on

www.newsweb.no.

Lysaker, 22 November 2024

For further inquiries, please contact:

Johannes Narum, Head of Investor Relations:

johannes.narum@storebrand.no or (+47) 993 33 569

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 1,347

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

Storebrand (STB) is listed on Oslo Stock Exchange.

www.storebrand.no

This is information is pursuant to the EU Market Abuse Regulation and subject to

the disclosure requirements pursuant to Section 5-12 the Norwegian Securities

Trading Act.