Gjensidige Forsikring ASA ("Gjensidige" or "the Company", OSE:GJF, LEI
5967007LIEEXZX6FAO47), rated A by S&P (stable), has mandated DNB Carnegie and
Nordea Bank Abp as Joint Lead Managers to arrange a digital fixed income
investor meeting on Thursday 11 September 2025.

The Company contemplates to issue a new Restricted Tier 1 bond issue with a
perpetual tenor and a first call option for the issuer after minimum 5 years.
The contemplated issue will have a floating interest rate and an expected issue
size of up to NOK 1,200 million, subject to market conditions. The Restricted
Tier 1 issue will be Solvency II compliant and is expected to be rated BBB by
S&P.

The contemplated bond issue is authorised by the Company's General Meeting and
approved by the Norwegian Financial Supervisory Authority.

Contact:

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


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

Gjensidige is a leading Nordic insurance group listed on the Oslo Stock
Exchange. We have approximately 4,700 full time employees and offer insurance
products in Norway, Denmark, Sweden and the Baltic states. In Norway, we also
provide pension and savings solutions. In 2024, the Group's insurance revenue
was NOK 39 billion, and total assets amounted to NOK 171 billion.
For more information, visit: www.gjensidige.com