As previously announced, Storebrand Livsforsikring AS has appealed to the Tax
Appeals Board a decision made by The Norwegian Tax Administration (TNTA)
regarding the uncertain tax position for the income year 2015 claiming changes
should be made in the tax returns for Storebrand Livsforsikring AS.
The secretariate of the Tax Appeals Board has notified Storebrand today of their
recommendation, which supports Storebrand's view.
The case is expected to be heard by the Tax Appeals Board later this year. Both
parties have the option to appeal a decision by the Tax Appeals Board to the
courts.
The recommendation by the secretariate does not amend Storebrand's financial
accounts.
The uncertain tax position is described in more detail in note 27 of the annual
report for 2022 as "case A".
Lysaker, 10 May 2023
For further inquiries, please contact:
Trond Finn Eriksen, Investor Relations (interim):
trond.finn.eriksen@storebrand.no or (+47) 991 64 135
Storebrand is a Nordic financial group, delivering increased security and
financial wellness for people and companies. We offer sustainable solutions and
encourage our customers to take good economic decisions for the future. Our
purpose is clear: we create a brighter future. Storebrand has about 55.000
corporate customers, 2.2 million individual customers and manages NOK 1,111
billion. The Group has its headquarter at Lysaker outside of Oslo, Norway.
Storebrand (STB) is listed on Oslo Stock Exchange.
www.storebrand.no
This is 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.