Gjensidige Forsikring ASA

Capital/Financing Update • Feb 21, 2024

GJF01 - Key information relating to partial redemption of bond issue

GJF01 - Key information relating to partial redemption of bond issue

Issuer: Gjensidige Forsikring ASA

ISIN of bond loan: NO0010720378

Date of redemption: 28 February 2024

Redemption amount: MNOK 263

Outstanding loan amount after redemption: MNOK 241

Redemption price: 100.364

The buy-back of NOK 263 million of GJF01 will be done in conjunction with the

issuance of a new subordinated Tier 2 bond issue (ISIN: NO0013167189) on 28

February 2024. The partial buy-back will be written down in the CSD (no: VPS),

provided that the new bond issue has been paid in.

This information is published in accordance with the requirements of the

Continuing Obligations.

For further information, please contact:

Mitra Hagen Negård, Head of Investor Relations, tel. +47 957 93 631

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock

Exchange. We have about 4,500 employees and offer insurance products in Norway,

Denmark, Sweden and the Baltic states. In Norway, we also offer pension and

savings. The Group's operating income was NOK 36 billion in 2023, while total

assets were NOK 148 billion.