Storebrand secures regulatory approvals for Knif Trygghet acquisition

Storebrand will issue 2,746,582 new shares to settle the share consideration for its acquisition of Knif Trygghet Forsikring. Completion is expected on October 16, 2026, with all required regulatory approvals received. The consideration for 100% of Knif Trygghet totals NOK 560 million, payable primarily in new shares. Shareholders representing 92% of Knif Trygghet's shares have joined the purchase agreement. A merger with Storebrand Forsikring is expected in 2027, with no material impact anticipated on group earnings, solvency or liquidity. 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: 20261015:BIT:4195:0) on October 16, 2026, and is solely responsible for the information contained therein. (C)