Proposals to the Annual General Meeting

14 Feb 2025 14:10 CET

The Board of Directors (the "Board") of Gjensidige Forsikring ASA (the
"Company") has resolved, in accordance with past practice, to propose the
renewal of the following Board authorisations at the company's Annual General
Meeting:

· Increase in share capital: Authorisation to increase the Company's share
capital by up to 10 per cent, i.e. up to 50,000,000 shares, each with a nominal
value of NOK 2, totaling NOK 100,000,000.
· Dividend distribution: Authorisation to decide on the distribution of
dividends throughout the year, provided there is an economic and legal basis for
it.
· Share purchase for employee programs: Authorisation to purchase own shares
in the market for the Group's share savings programme and employee remuneration
scheme (up to 0.2 per cent of the share capital).
· Share purchase for investment and capital optimisation: Authorisation to
purchase own shares in the market for investment purposes or to optimise the
Company's capital structure (up to 10 per cent of the share capital).
· Subordinated loans and other external financing: Authorisation to issue
additional subordinated loans and other external financing up to NOK 3.5
billion, and to trade in bonds issued under the company's subordinated bond
loans.

The Annual General Meeting of Gjensidige Forsikring ASA will be held on Thursday
20 March 2025. The notice for the General Meeting, including a full agenda and
appendices, will be published and sent to shareholders on 25 February 2025.

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

Contact persons Gjensidige Forsikring ASA:
Head of Investor Relations: Mitra H. 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 4,600 FTEs and offer insurance products in Norway,
Denmark and Sweden. In Norway, we also offer pension and savings. The Group's
insurance revenue was NOK 39 billion in 2024, while total assets were NOK 171
billion.

More information:
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