STOREBRAND BANK ASA -  Tap issue of 3 year Green Senior MREL-eligble Preferred Bond

Storebrand Bank ASA has tap issued a Green Senior Preferred Bond that is MREL
-eligible, supporting its strategy to bolster capital and secure sustainable
long-term financing.

Bond details following the tap:

Volume:              500 MNOK

Coupon:        NIBOR+47bps

Maturity date:       07.08.2028

ISIN:               NO0013625368

The bond will be listed on Nordic ABM, with proceeds supporting green mortgages
as part of the bank's growth strategy.

Contact person:

Einar Leikanger, Head of Group Treasury T: +47 934 20379