STOREBRAND ASA: Signed a EUR 200 million sustainability-linked Revolving Credit Facility

18 Dec 2024 11:27 CET

Storebrand ASA ("Storebrand") has signed a EUR 200 million sustainability-linked
syndicated multi-currency revolving credit facility agreement (the "RCF") with a
maturity of five (5) years. The RCF refinances an existing EUR 200 million
syndicated revolving credit facility signed in December 2018 and will be used
for general corporate purposes of the Group. The RCF has two one-year extension
options at the discretion of the lenders. SEB acted as sole Coordinator and
Sustainability Coordinator in the refinancing, and Swedbank as Facility Agent.
The Mandated Lead Arrangers and Bookrunners are BNP Paribas, Danske Bank, DNB,
Handelsbanken, J.P. Morgan, Nordea, SEB and Swedbank.

The margin of the RCF is linked to Storebrand's progress in aligning its
investments decisions with the goals of the Paris Agreement and the 1.5-degree
climate target.

"This facility is important to us, and we are very grateful to the bank group
for their continued support. Together we have established a structure that ties
the facility to Storebrand's sustainability goals in a constructive way" says
Lars Aa. Løddesøl, CFO i Storebrand ASA.

Lysaker, 18 December 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 subejct to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.

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