Reference is made to the stock exchange notification on20 December 2021 , where it was announced thatStorebrand Livsforsikring AS has entered into an agreement to buy 100% of the shares inDanica Pensjonsforsikring AS ,Norway ("Danica"). The transaction has now received all the necessary regulatory approvals. Closing of the transaction is expected soon, but after the conclusion of the 2nd quarter 2022. Lysaker,22 June 2022 For further inquiries, please contact: Head of Investor Relations & Rating,Daniel Sundahl : daniel.sundahl@storebrand.no or (+47) 913 61 899 Media requests:SVP Communications ,Margrethe Assev margrethe.assev@storebrand.no or (+47) 951 55 056 Storebrand's ambition is to provide our customers with financial freedom and security by being the best provider of long-term savings and insurance. Storebrand will deliver sustainable solutions adapted to the customer's individual situation. Storebrand has about 40,000 corporate customers and 2 million individual customers, and has its headquarter at Lysaker outside ofOslo, Norway . Storebrand managesNOK 1,040 bn and is one of the largest asset managers in the Nordics. Storebrand (STB) is listed onOslo Stock Exchange . Visit us at http://www.storebrand.no
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