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Regulatory press release

Storebrand ASA: Notice of transaction

Storebrand
Group CFO in Storebrand ASA, Lars Aa. Løddesøl, has today purchased 1,750 shares
in Storebrand ASA at NOK 79.52 per share. Lars Aa. Løddesøl owns 173,100 shares
after this transaction. Please see further details about the transactions in the
attached form.

Lysaker, 11 May 2023

For further inquiries, please contact:

Trond Finn Eriksen, Investor Relations (interim):
trond.finn.eriksen@storebrand.no or (+47) 991 64 135

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 1,111
billion. The Group has its headquarter at Lysaker outside of Oslo, Norway.
Storebrand (STB) is listed on Oslo Stock Exchange.

www.storebrand.no

This announcement is subject to information pursuant to the Securities Trading
Act § 5-12
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