Gjensidige Forsikring ASA: Approval of prospectus

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The Financial Supervisory Authority of Norway has on 2 June 2021 approved the prospectus prepared in connection with the application for listing on Oslo Børs for ISIN NO0010965429 FRN Gjensidige Forsikring ASA 2021/Perpetual Restricted Tier 1 Non-Cumulative Callable Bond and ISIN NO0010965437 FRN Gjensidige Forsikring ASA Subordinated Tier 2 Callable Bond 2021/2051

The approved prospectus and securities notes with summaries are available on the company’s web site: https://www.gjensidige.no

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

For further information, please contact:

Mitra Hagen Negård, Head of Investor Relations, tel. +47 957 93 631

Kjetil Gill Østvold, Investor Relations Officer, tel. +47 468 63 004

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