Gjensidige Forsikring ASA

Gjensidige Forsikring ASA: Contemplating Restricted Tier 1 bond issue

Gjensidige Forsikring ASA ("Gjensidige" or "the Company", OSE:GJF, LEI

5967007LIEEXZX6FAO47), rated A by S&P (stable), has mandated DNB Carnegie and

Nordea Bank Abp as Joint Lead Managers to arrange a digital fixed income

investor meeting on Thursday 11 September 2025.

The Company contemplates to issue a new Restricted Tier 1 bond issue with a

perpetual tenor and a first call option for the issuer after minimum 5 years.

The contemplated issue will have a floating interest rate and an expected issue

size of up to NOK 1,200 million, subject to market conditions. The Restricted

Tier 1 issue will be Solvency II compliant and is expected to be rated BBB by

S&P.

The contemplated bond issue is authorised by the Company's General Meeting and

approved by the Norwegian Financial Supervisory Authority.

Contact:

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

This information is subject to disclosure under the Norwegian Securities Act

section §5-12.

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

Exchange. We have approximately 4,700 full time employees and offer insurance

products in Norway, Denmark, Sweden and the Baltic states. In Norway, we also

provide pension and savings solutions. In 2024, the Group's insurance revenue

was NOK 39 billion, and total assets amounted to NOK 171 billion.

For more information, visit: www.gjensidige.com

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