STOREBRAND ASA: Capital Reduction completed

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