On behalf of Gjensidige (OSE:GJF), DNB has on 23 January 2020 acquired 61 717 shares. The shares have been acquired at an average price of NOK 201,0248 per share.

42 075 shares have been sold to employees, at a price of NOK 201,0248 per share, as part of the Gjensidige share savings scheme 2019.

Acquisition of shares for the share savings scheme for the fourth quarter 2019 is now completed.

A total of 9 898 bonus shares are allocated to employees pursuant to the terms of previous years' share savings scheme. Bonus shares are allocated without further consideration.

19 495 shares have been allocated to executive personnel as variable pay. For a description of share-based payment to executive personnel, reference is made to note 22 in the annual report 2018.

Gjensidige now owns 8 778 own shares.

Shares sold or allocated to primary insider employees are disclosed in the attachment to this disclosure.

For a description of the share savings scheme, see stock exchange release dated 19 December 2018.

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

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