Gjensidige Forsikring ASA

Transaction in Own Shares • Apr 29, 2019

Acquisition of own shares / primary insider trades

Acquisition of own shares / primary insider trades

On behalf of Gjensidige (OSE:GJF), DNB has on 26 April 2019 acquired 56 954

shares. The shares have been acquired at an average price of NOK 161.3896 per

share.

45 826 shares have been sold to employees, at a price of NOK 161.3896 per share,

as part of the Gjensidige share savings scheme 2019.

Acquisition of shares for the share savings scheme for the first quarter 2019 is

now completed.

A total of 8 933 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 15 642 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 2018.

This information is subject to disclosure under the Norwegian Securities Act

section §5-12.

Contacts:

Investor Relations Officer, Mitra Hagen Negård. Tel: +47 957 93 631

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