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GJF01 - Key information relating to partial redemption of bond issue

Gjensidige Forsikring
Issuer: Gjensidige Forsikring ASA
ISIN of bond loan: NO0010720378
Date of redemption: 26 September 2023
Redemption amount: MNOK 696
Outstanding loan amount after redemption: MNOK 504
Redemption price: 100.25

The buy-back of NOK 696 million of GJF01 will be done in conjunction with the
issuance of a new subordinated Tier 2 bond issue (ISIN: NO0013024000) on 26
September 2023. The partial buy-back will be written down in the CSD (no: VPS),
provided that the new bond issue has been paid in.

This information is published in accordance with the requirements of the
Continuing Obligations.

For further information, please contact:
Mitra Hagen Negård, Head of Investor Relations, tel. +47 957 93 631

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have approximately 4,200 employees and offer insurance products in
Norway, Denmark, Sweden and the Baltic states. In Norway, Gjensidige also
offers pension and savings. The Group's operating income was NOK 34 billion in
2022, while total assets were NOK 135 billion.
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