Gjensidige Forsikring ASA

M&A Activity • Aug 30, 2024

Implementation of merger of Gjensidige and its wholly owned Danish subsidiary Gjensidige Forsikring Tidligere PenSam Forsikring A/S

Implementation of merger of Gjensidige and its wholly owned Danish subsidiary Gjensidige Forsikring Tidligere PenSam Forsikring A/S

Reference is made to the announcement on 24 April 2024 regarding the approval of

a merger between Gjensidige Forsikring ASA ("Gjensidige") and its fully-owned

Danish subsidiary, Gjensidige Forsikring Tidligere PenSam Forsikring A/S

("Pensam"). The merger has been approved by the financial supervisory

authorities in both Norway and Denmark, and the merger was implemented today.

This information is subject to disclosure under the Norwegian Securities Act

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

Contact, Gjensidige Forsikring ASA:

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

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

Exchange. We have about 4,500 employees and offer insurance products in Norway,

Denmark, Sweden and the Baltic states. In Norway, we also offer pension and

savings. The Group's operating income was NOK 36 billion in 2023, while total

assets were NOK 148 billion.