Storebrand ASA: Notice of transactions by PDMRs

In connection with Storebrand's remuneration program for management where part of the salary is paid in shares, the following primary insiders (PDMRs) have been awarded the following number of Storebrand ASA shares on 16 February 2023 at NOK 84.88 per share. Name Remuneration paid as shares New shareholding Odd Arild Grefstad 18,570 264,090 Lars Aa. Løddesøl 15,074 171,345 Heidi Skaaret 9,251 128,366 Jan Erik Saugestad 11,753 143,058 Trygve Håkedal 8,299 40,711 Tove Selnes 6,477 42,249 Vivi Måhede Gevelt 8,214 15,627 Jenny Rundbladh 5,958 10,382 Please see further details about the transactions in the attached forms. Subsequently, Storebrand ASA has today sold 160,340 shares at 84.88 per share to management and owns 7,603,886 shares after the transaction, representing 1.65% of Storebrand ASA's share capital. Lysaker, 16 February 2023 For further inquiries, please contact: Head of Investor Relations & Rating, Daniel Sundahl: daniel.sundahl@storebrand.no or (+47) 913 61 899 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 1,020 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.