STOREBRAND ASA: Share buyback program completed

22 Nov 2024 21:51 CET

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.

More information:
Access the news on Oslo Bors NewsWeb site

633030_Trade_File_Oslo_Buybacks_221124.pdf