Gjensidige Forsikring ASA

Pre-Annual General Meeting Information • Feb 14, 2025

Proposals to the Annual General Meeting

Proposals to the Annual General Meeting

The Board of Directors (the "Board") of Gjensidige Forsikring ASA (the

"Company") has resolved, in accordance with past practice, to propose the

renewal of the following Board authorisations at the company's Annual General

Meeting:

· Increase in share capital: Authorisation to increase the Company's share

capital by up to 10 per cent, i.e. up to 50,000,000 shares, each with a nominal

value of NOK 2, totaling NOK 100,000,000.

· Dividend distribution: Authorisation to decide on the distribution of

dividends throughout the year, provided there is an economic and legal basis for

it.

· Share purchase for employee programs: Authorisation to purchase own shares

in the market for the Group's share savings programme and employee remuneration

scheme (up to 0.2 per cent of the share capital).

· Share purchase for investment and capital optimisation: Authorisation to

purchase own shares in the market for investment purposes or to optimise the

Company's capital structure (up to 10 per cent of the share capital).

· Subordinated loans and other external financing: Authorisation to issue

additional subordinated loans and other external financing up to NOK 3.5

billion, and to trade in bonds issued under the company's subordinated bond

loans.

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

20 March 2025. The notice for the General Meeting, including a full agenda and

appendices, will be published and sent to shareholders on 25 February 2025.

This information is subject to disclosure under the Norwegian Securities Act

section §5-12 and the requirements of Oslo Børs' Continuing Obligations.

Contact persons 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 about 4,600 FTEs and offer insurance products in Norway,

Denmark and Sweden. In Norway, we also offer pension and savings. The Group's

insurance revenue was NOK 39 billion in 2024, while total assets were NOK 171

billion.