Acquisition of own shares / primary insider trades

On behalf of Gjensidige (OSE:GJF), DNB has on 18 July 2022 acquired 98 274
shares in Gjensidige Forsikring ASA, LEI 5967007LIEEXZX6FAO47, ISIN NO0010582521
on Oslo Børs. 79 121 shares have been sold to employees, at a price of NOK
198.8161 per share, as part of the Gjensidige share savings scheme 2022.
Acquisition of shares for the share savings scheme for the second quarter 2022
is now completed.

Primary insiders in Gjensidige Forsikring ASA have on 18 July 2022 received
shares in Gjensidige Forsikring ASA as part of the Gjensidige share savings
scheme 2022.

Gjensidige now owns 44 000 own shares.

For a description of the share savings scheme, see stock exchange release dated
17 December 2021.

See attachment(s) for details on the acquisition of primary insider trades.

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

Contacts:

Head of Investor Relations: Mitra Hagen Negård. Tel: +47 957 93 631

Head of Communication: Øystein Thoresen. Tel: +47 952 33 382