Gjensidige Forsikring ASA

Transaction in Own Shares • Apr 27, 2018

Acquisition of own shares / primary insider trades

On behalf of Gjensidige (OSE:GJF), DNB has on 26April 2018 acquired 73 117 shares. The shares have been acquired at an average price of NOK 127.7742 per share.

58 793 shares have been sold to employees, at a price of NOK 127.7742 per share, as part of the Gjensidige share savings scheme 2018.

Acquisition of shares for the share savings scheme for the first quarter 2018 is now completed.

A total of 8 148 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 19,664 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 2017.

This information is subject to disclosure under the Norwegian Securities Act section §5-12.

Contacts:

Investor Relations Officer, Anette Bolstad, Tel +47 416 77 722

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