In relation to the acquisition of Capital Investment announced on 31.08.2021, the Board of Directors of Storebrand ASA has today decided to increase the share capital by NOK 20,804,540 - from NOK 2,339,069,910 to NOK 2,359,874,450 - by issuing 4,160,908 new shares at an offer price of NOK 82.0225 per share, each with a nominal value of NOK 5.00. The total number of issued shares in Storebrand ASA increases from 467,813,982 shares to 471,974,890 shares. The new shares are expected to be registered on 1 October 2021. The Board of Directors has been authorised the share capital increase by the General Meeting on 08.04.2021.

Lysaker, 29 September 2021

For further inquiries, please contact:

Head of Investor Relations and Rating, Daniel Sundahl:
daniel.sundahl@storebrand.no or (+47) 913 61 899

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

https://news.cision.com/storebrand-asa/r/storebrand-asa--changes-in-share-capital-decided,c3424184

(c) 2021 Cision. All rights reserved., source Press Releases - English