Storebrand ASA

STOREBRAND ASA: Share buyback program completed

Storebrand's buyback program, announced on 11 July 2025, is now completed.

The total number of shares purchased under the program was 4,875,483 at

an average price of NOK 153.8 per share, for a total consideration of NOK

750 million. Following the transactions, Storebrand ASA owns a total of

11,558,511 own shares, representing 2.65% 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 2026.

Overview of transactions

Date Aggregate daily Volume weighted Total

volume (no. of average price transaction

shares) (NOK) value (NOK)

15.12.2025 35 000 168.11 5 883 770

16.12.2025 65 000 168.81 10 972 371

17.12.2025 40 490 169.20 6 850 819

Total previously announced 4 734 993 153.39 726 292 926

transactions under the

program:

Total transactions under the 4 875 483 153.83 749 999 883

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, 17 December 2025.

For further inquiries, please contact:

Johannes Narum, Head of Investor Relations:

[email protected] 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 61.000

corporate customers, 2.6 million individual customers and manages NOK 1,561

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.

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