Storebrand's buyback program, announced on 11 July 2025, is now completed.
The total number of shares purchased under the program was 4,875,483 at
an average price of NOK 153.8 per share, for a total consideration of NOK
750 million. Following the transactions, Storebrand ASA owns a total of
11,558,511 own shares, representing 2.65% 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 2026.

Overview of transactions

Date                          Aggregate daily  Volume weighted        Total
                               volume (no. of    average price  transaction
                                      shares)            (NOK)  value (NOK)
15.12.2025                             35 000           168.11    5 883 770
16.12.2025                             65 000           168.81   10 972 371
17.12.2025                             40 490           169.20    6 850 819
Total previously announced          4 734 993           153.39  726 292 926
transactions under the
program:
Total transactions under the        4 875 483           153.83  749 999 883
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, 17 December 2025.

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 1,561
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.