Storebrand launches NOK 1 billion share buyback to return excess capital

• Storebrand launched a NOK 1 billion share buyback tranche to return excess capital via a planned share capital reduction.
• Program starts today, runs through no later than Dec. 18, 2026, covering about 1.2% of share capital at NOK 188.6.
• Company can repurchase up to 32,967,284 shares under the current authorization, within a NOK 5 to NOK 300 price range.
• NFSA cleared NOK 2 billion of 2026 buybacks; NOK 1 billion was completed in the first half, leaving NOK 1 billion.
• Shares not used for employee schemes are intended to be canceled, subject to AGM approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Storebrand ASA published the original content used to generate this news brief via Cision (Ref. ID: 20260714:BIT:8899:0) on July 15, 2026, and is solely responsible for the information contained therein.