Approval of plan for merger of Gjensidige and its wholly owned subsidiary Gjensidige Business Services AB

The Board of Gjensidige has approved a merger plan between Gjensidige and its wholly owned Swedish subsidiary Gjensidige Business Services AB (GBS).

GBS was established as a Swedish limited company in 2019 and provides IT, administration, and other support services for the Gjensidige Group, including procurement, development, and implementation.

The boards of both companies are expected to adopt a resolution to carry out the merger in accordance with the merger plan on or about 1 March 2026, with completion of the merger anticipated on or about 1 July 2026.

The merger plan is available at Gjensidige's offices and on www.gjensidige.com.

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

Contact, Gjensidige Forsikring ASA:

Head of Investor Relations, Mitra Hagen Negård. Tel: +47 957 93 631 Head of Communication, Øystein Thoresen. Tel.: +47 952 33 382