The Board of Gjensidige Forsikring ASA has decided to continue the share savings scheme for employees. Through the scheme, the company offers employees of the company, its branches in Denmark and Sweden and subsidiaries in Norway to buy shares in the company. The purpose of the scheme is to increase our employees' interest for the company's goals and performance through owning shares. The scheme is also part of the company's strategy of motivating, rewarding, and retaining employees. The Board intends for the scheme to become a permanent part of the company's employee incentive scheme. The general meeting will nevertheless consider the acquisition of shares every year and decide whether to continue the scheme.

The offer for 2026

The company will offer a share savings scheme based on a maximum annual savings amount per employee (DKK 90,000 for Denmark and NOK 120,000 for Norway and Sweden) that is financed by a monthly deduction from the employee's salaries. The company will contribute with 25 per cent of the agreed yearly amount invested, limited upwards to NOK 7,500 per year. After two years of ownership, and provided the person is still employed with Gjensidige, the company will allocate one bonus share for every fourth share bought in connection with this offer. The purchase of shares will take place through DNB on the day or days following publication of the interim accounts. The first purchase will take place after the publication of the 1st quarter 2026 interim report. The purchase price and the number of shares acquired by the company will be reported in accordance with the applicable regulations. Employees will be allocated shares at the purchase price, adjusted for the discount.

Attached to this release is information about the subscriptions in the share savings scheme for 2026 made by primary insiders. The subscribed amount disclosed is the total amount for 2026. The purchase price and the number of shares will be reported each time allocation has been made.

Background

At the annual general meeting on 20 March 2025, the general meeting provided the Board with the following authorisation to acquire shares on behalf of the company for the purpose of implementing and executing the Group's share savings scheme (as approved by the board) and remuneration scheme for executive employees (in accordance with the remuneration regulations and the remuneration policy adopted by the Board). The authorisation and the general meeting's resolution is available at our website www.gjensidige.com/investor-relations/corporate-governance#general-meeting.

This information is published in accordance with the requirements set out in Article 5 of the Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Contact details, Gjensidige Forsikring ASA:
Head of Investor Relations: Mitra H. Negård, Tel: +47 957 93 631
Head of Communication: Øystein Thoresen, Tel: +47 952 33 382

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock Exchange. We have approximately 4,700 full time employees and offer insurance products in Norway, Denmark, Sweden and the Baltic states. In Norway, we also provide pension and savings solutions. In 2024, the Group's insurance revenue was NOK 39 billion, and total assets amounted to NOK 171 billion. For more information, visit: www.gjensidige.com