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