28 Nov 2022 10:08 CET

Storebrand Livsforsikring AS (the "Issuer") has today launched its invitation to
holders of its Euro 300,000,000 Fixed/Floating Rate Dated Subordinated Notes
due
2043 (the "Notes") to tender any and all of such Notes for purchase by the
Issuer for cash (such invitation, the "Offer"). The Offer is being made on the
terms and subject to the conditions contained in the tender offer memorandum
dated 28 November 2022 (the "Tender Offer Memorandum") and is subject to the
offer restrictions set out below and as more fully described in the Tender Offer
Memorandum.

The offer commences on 28 November 2022 and will expire at 17:00 hours CET on 5
December 2022 (the "expiration deadline"), unless extended, withdrawn, re-opened
or terminated at the sole and absolute discretion of the issuer.

Please see the attached Tender Launch Announcement.

Lysaker, 28 November 2022


576813_Tender_Launch_Announcement.pdf

Source

Storebrand Livsforsikring AS

Provider

Oslo Børs Newspoint

Company Name

Storebrand Liv AS 14/PERP FRN STEP C SUB, Storebrand L AS 18/48 FRN SEK STEP C SUB, Storebrand L AS 19/49 FRN SEK STEP C SUB, Storebrand Livsforsik AS 20/50 FRN C SUB, Storebrand Livsforsik AS 22/52 ADJ C SUB

ISIN

NO0010706021, NO0010820285, NO0010863228, NO0010886153, NO0012531740

Market

Oslo Børs