Storebrand Livsforsikring AS: Contemplating issuance of a Restricted Tier 1 bond issue

05 May 2026 08:55 CEST

Storebrand Livsforsikring AS, rated A (Stable) by S&P, has mandated DNB Carnegie
and Nordea for contemplated issuance of a new Restricted Tier 1 bond with a
perpetual tenor in NOK and/or SEK and a fixed and/or floating interest rate. The
issuance may be split in one or more tranches, and the issuer will have an
expected first call option after 7 years. Total contemplated issue size is
minimum 300 million and maximum 1,000 million in NOK and/or SEK, subject to
market conditions.

The contemplated Restricted Tier 1 issue is expected to be rated BBB by S&P and
will be Solvency II compliant. The bond issue is approved by the company's
General Meeting and by the Norwegian Financial Supervisory Authority.

Oslo, 5 May 2026

For further information, please contact:

Kjetil Ramberg Krøkje, CFO, telephone +47 934 12 155

This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act.

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