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GJF: Implementation of merger of Gjensidige and its wholly owned Danish subsidiary Gjensidige Forsikring Tidligere PenSam Forsikring A/S

Gjensidige Forsikring
Reference is made to the announcement on 24 April 2024 regarding the approval of
a merger between Gjensidige Forsikring ASA ("Gjensidige") and its fully-owned
Danish subsidiary, Gjensidige Forsikring Tidligere PenSam Forsikring A/S
("Pensam"). The merger has been approved by the financial supervisory
authorities in both Norway and Denmark, and the merger was implemented today.

This information is subject to disclosure under the Norwegian Securities Act
section § 5-12 and the requirements of Oslo Børs' Continuing Obligations.

Contact, Gjensidige Forsikring ASA:
Head of Investor Relations Mitra Hagen Negård. Tel:  +47 957 93 631
Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have about 4,500 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 36 billion in 2023, while total
assets were NOK 148 billion.
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