29 Nov 2024 10:02 CET

Reference is made to the stock exchange announcement of October 1, 2024, from
Storebrand Bank ASA ("SBB") stating that the board and general meeting of SBB
have approved the merger plan regulating the planned internal group merger
between SBB and Kron AS ("Kron"), with the former as the acquiring company.

The creditor period of 6 weeks is expired, and the merger is approved by the
Norwegian Financial Supervisory Authority. The merger may thus be carried out
and a notification of the completed merger is today registered in the Register
of Business Enterprises.

The merger takes effect upon registration in the Register of Business
Enterprises, and all assets, rights, and obligations of Kron is transferred to
SBB. Kron is simultaneously dissolved.

Lysaker, November 29, 2024

For further inquiries, please contact:

Johannes Narum, Head of Investor Relations: johannes.narum@storebrand.no or
(+47) 993 33 569

This information is mandatory according to Euronext Oslo Rule Book II.


Source

Storebrand Bank ASA

Provider

Oslo Børs Newspoint

Company Name

Storebrand Bank ASA 19/30 FRN C SUB, Storebrand Bank ASA 21/25 FRN, Storebrand Bank ASA 21/31 FRN C SUB, Storebrand Bank ASA 22/32 FRN C SUB, Storebrand Bank ASA 22/25 FRN, Storebrand Bank ASA 22/26 3,94%, Storebrand Bank ASA 23/PERP FRN C HYBRID, Storebrand Bank ASA 23/26 FRN, Storebrand Bank ASA 24/27 FRN

ISIN

NO0010843519, NO0011146359, NO0011104077, NO0012446428, NO0012617697, NO0012626953, NO0012838913, NO0012981630, NO0013090621, NO0013119206

Market

Nordic Alternative Bond Market