Gjensidige Forsikring ASA

Board/Management Information • Jan 10, 2022

Changes in Gjensidige's Group Management

Changes in Gjensidige's Group Management

Gjensidige Forsikring ASA will make changes in its Group Management effective

from 17 January 2022.

Catharina Hellerud, who is currently Executive Vice President of Analytics,

Product and Price (APP), will leave the Group Management and will assume the

position of Chief Risk Officer.

Janne Flessum, who is currently Executive Vice President People, Strategy and

Communication (PSC), will assume the position of Executive Vice President APP

Berit Nilsen, who is currently Head of Strategy and Group Innovation, will join

the Group Management and assume the position of Executive Vice President PSC.

-The changes we are now making are important contributions to renewal and

dynamics in the organisation, and will further strengthen our ability to handle

the rapid changes in our industry, says CEO Helge Leiro Baastad.

Gjensidige's Group Management team will consist of:

· Helge Leiro Baastad, CEO

· Jostein Amdal, CFO

· René Fløystøl, EVP Private

· Lars Gøran Bjerklund, EVP Commercial

· Janne Flessum, EVP Analytics, Product and Price

· Aysegül Cin, EVP Sweden

· Mats C. Gottschalk, EVP Denmark

· Berit Nilsen, EVP People, Strategy and Communication

· Jørgen Ringdal, EVP - Advisor to CEO

· Tor Erik Silset, EVP Technology and Infrastructure

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 about 3,700 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 28 billion in 2020, while total

assets were NOK 118 billion.