Acquisition of own shares / primary insider trades (release 1 of 2)

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On behalf of Gjensidige (OSE:GJF), DNB has on 15 July 2021 acquired 89 656 shares in Gjensidige Forsikring ASA, LEI 5967007LIEEXZX6FAO47, ISIN NO0010582521 on Oslo Børs. 72 169 shares have been sold to employees, at a price of NOK 204,341 per share, as part of the Gjensidige share savings scheme 2021. Acquisition of shares for the share savings scheme for the second quarter 2021 is now completed.

Primary insiders in Gjensidige Forsikring ASA have on 15 July 2021 received shares in Gjensidige Forsikring ASA as part of the Gjensidige share savings scheme 2021.

Gjensidige now owns 32 556 own shares.For a description of the share savings scheme, see stock exchange release dated 17 December 2020.

See 6 of total 10 attachment(s) for details on the acquisition of primary insider trades.

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

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

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

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock Exchange. We have about 3,700 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 28 billion in 2020, while total assets were NOK 118 billion.