Gjensidige Forsikring ASA

Notice of Dividend Amount • Dec 19, 2025

Share savings scheme 2026 for employees of the Gjensidige Group and subscription from primary insider employees

Share savings scheme 2026 for employees of the Gjensidige Group and subscription from primary insider employees

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