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Selskabsmeddelelse

STOREBRAND ASA: Capital Reduction completed

Storebrand
In accordance with the purpose of the buy-back programs carried out by
Storebrand ASA ("Storebrand") in the periods from 12 February 2025 to 26 June
2025 and from 11 July 2025 to 17 December 2025, the company's annual general
meeting held on 9 April 2026 decided to reduce the company's share capital with
NOK 53,603,875 from NOK 2,177,422,055 to NOK 2,123,818,180 by deletion of
10,720,775 shares. The resolution to reduce the share capital was registered
with the Norwegian Register of Business Enterprises on 13 April 2026.

The subsequent creditor notice period of six weeks has now expired, and the
capital reduction has therefore been completed in accordance with the resolution
from the annual general meeting. The new share capital of Storebrand is NOK
2,123,818,180 divided into 424,763,636 shares of NOK 5.00 each. Each share
carries one vote at the company's general meeting.

Lysaker, 2 June 2026

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 61,000
corporate customers, 2.6 million individual customers and manages NOK 1,543
billion. The Group has its headquarter at Lysaker outside of Oslo, Norway.
Storebrand (STB) is listed on Oslo Stock Exchange.

www.storebrand.no
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act
to section 5\
-12 of the Norwegian Securities Trading Act\