Storebrand ASA: Notice of transaction

In connection with Storebrand's remuneration program for management where part
of the salary is paid as shares, primary insider Kjetil R. Krøkje has been
awarded 1,919 Storebrand ASA shares on 20 August 2020 at NOK 52.10 per share.
After the transaction, Kjetil R. Krøkje owns 7,414 shares.
Lysaker, 21 August 2020

Contact person: Head of Investor Relations, Daniel Sundahl: Mobile (+47) 913 61
899

This information is subject of the disclosure requirements acc. to §5-12vphl
(Norwegian Securities Trading Act)