Gjensidige Forsikring ASA

Transaction in Own Shares • Oct 25, 2019

Correction - Acquisition of own shares / primary insider trades

Correction - Acquisition of own shares / primary insider trades

This is a correction of the disclosure published 25 October 2019 at 08:00 CET.

The number of shares acquired for one employee in the attachement has been

corrected.

On behalf of Gjensidige (OSE:GJF), DNB has on 24 October 2019 acquired 53 997

shares. The shares have been acquired at an average price of NOK 173.1451 per

share.

43 461 shares have been sold to employees, at a price of NOK 173.1451 per share,

as part of the Gjensidige share savings scheme 2019.

Acquisition of shares for the share savings scheme for the third quarter 2019 is

now completed.

A total of 8 277 bonus shares are allocated to employees pursuant to the terms

of previous years' share savings scheme. Bonus shares are allocated without

further consideration.

Gjensidige now owns 18 529 own shares.

Shares sold or allocated to primary insider employees are disclosed in the

attachment to this disclosure.

For a description of the share savings scheme, see stock exchange release dated

19 December 2018.

This information is subject to disclosure under the Norwegian Securities Act

section §5-12.

Contacts:

Investor Relations Officer, Mitra Hagen Negård. Tel: +47 957 93 631

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