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Regulatory press release

GJF: Share allocation to executive personnel

Gjensidige Forsikring
Executive personnel in Gjensidige Forsikring ASA, have on 2 March 2026 received
shares in Gjensidige Forsikring ASA ("Gjensidige" or the "Company", OSE:GJF, LEI
5967007LIEEXZX6FAO47, ISIN NO0010582521), as part of the share-based payment
arrangements.

18 640 shares have been allocated to executive personnel as variable pay. For a
description of share-based payment to executive personnel, reference is made to
note 26 in the annual report for 2025. Following the allocation of shares
mentioned above, and the sale of shares to employees in connection with the
share savings scheme described in the stock exchange release on 30 January 2026,
Gjensidige will own 16 132 own shares. See attachment for details on the
allocation of shares to primary insiders.

This information is subject to the disclosure requirements pursuant to article
19 of Regulation (EU) No 596/2014 and section 5-12 of the Norwegian Securities
Trading Act.

Contact persons, Gjensidige Forsikring ASA:
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 4,700 employees and offer insurance products in Norway,
Denmark and Sweden. In Norway, we also offer pension and savings. The Group's
operating income was NOK 43 billion in 2025, while total assets were NOK 192
billion.
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