Gjensidige Forsikring ASA

Capital/Financing Update • Sep 11, 2025

S&P assigns 'BBB' rating to the Tier 1 bond issued on 11 September

S&P assigns 'BBB' rating to the Tier 1 bond issued on 11 September

S&P Global Ratings today assigned its 'BBB' issue rating to the Tier 1 NOK 1,200

million restricted bond issued by Gjensidige Forsikring ASA on 11 September

2025. Please see attachment for detailed information.

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