The Board of Storebrand ASA ("the Board") has decided to continue the share buyback program today, 11 February 2026, with a tranche amounting to a maximum of NOK 1.0 billion ("the Program"). This is equivalent to approx. 1.3% of the share capital in Storebrand ASA given the last closing price of NOK 174.1. The Program will end no later than 3 July 2026. In connection with the AGM of Storebrand ASA, there will be a temporary pause in the Program from April 6 to April 9, 2026.

On February 10 2026, Storebrand received an approval from the Norwegian Financial Supervisory Authority (NFSA) to conduct share buybacks of NOK 2 billion for 2026. The Board has decided to continue the buyback Program with a first tranche amounting to NOK 1.0 billion today. The Program is in accordance with the authorisation granted to the Board by the Annual General Meeting of Storebrand ASA ("the AGM") on 9 April 2025. The Board intends to launch a second tranche of NOK 1.0 billion in the second half of 2026, subject to a solvency margin above 175%.

The share buyback program will be carried out by way of repurchases in the market. Storebrand has entered into a non-discretionary agreement with a third party who will make its trading decisions independently of, and uninfluenced by, Storebrand.

In accordance with the authorisation from the AGM, the minimum price that can be paid per share is NOK 5, and the maximum price is NOK 300. According to the AGM resolution, the maximum number of own shares that can be purchased by the company is limited to 43,548,450. Given the amount of shares acquired in 2025 under the authorisation, the company can purchase up to 38,672,967 shares under the Program.

The purpose of the Program is to return excess capital to shareholders by reducing the share capital of the company, and to acquire shares for the Company's remuneration program for management and stock purchase scheme for employees. According to Storebrand's capital management framework, the Board intends to buy back shares when the solvency margin is above 175%.

The shares repurchased under the buyback program that are not used for the company's remuneration program or stock purchase scheme for employees, will be redeemed (i.e. cancelled) subject to approval by the AGM.

Transactions will be conducted in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation") as further set out i.a. in the Norwegian Securities Trading Act of 2007 and the Oslo Stock Exchange's Guidelines for buy-back programs and price stabilisation dated February 2021. Transactions will be reported on a weekly basis.

This 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.

Lysaker, 11 February 2026