Gjensidige Forsikring ASA

GJF: Proposals to the Annual General Meeting

The Board of Gjensidige Forsikring ASA will propose for the Annual General

Meeting the following Board Authorisations:

· Authorisation to decide the distribution of dividend

· Authorisation to purchase own shares in the market for the purpose of

implementing the Group's share savings programme and remuneration scheme for

employees, corresponding to up to 0.2 per cent of the share capital

· Authorisation to purchase own shares in the market for investment purposes

or for the purpose of optimising the Company's capital structure, corresponding

to up to 10 per cent of the share capital

· Authorisation to increase the share capital by up to 10 per cent

· Authorisation to raise subordinated loans and other external financing by up

to NOK 4.5 billion

The Annual General Meeting of Gjensidige Forsikring ASA will be held on

Wednesday 24 March 2021. The notice including a full agenda for the General

Meeting and appendices will be published and sent to shareholders on 2 March

This information is subject to disclosure under the Norwegian Securities Act

section §5-12.

Contacts:

Head of Investor Relations: Mitra Hagen Negård. Tel +47 957 93 631

Head of Communication: Øystein Thoresen. Tel +47 952 33 382

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