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Gjensidige Forsikring ASA: Contemplating Restricted Tier 1 bond issue
Gjensidige Forsikring ASA: Contemplating Restricted Tier 1 bond issue

About this update from Gjensidige Forsikring Asa
Gjensidige Forsikring ASA ("Gjensidige" or "the Company", OSE:GJF, LEI5967007LIEEXZX6FAO47), rated A by S&P (stable), has mandated DNB Carnegie andNordea Bank Abp as Joint Lead Managers to arrange a digital fixed incomeinvestor meeting on Thursday 11 September 2025.The Company contemplates to issue a new Restricted Tier 1 bond issue with aperpetual tenor and a first call option for the issuer after minimum 5 years.The contemplated issue will have a floating interest rate and an expectedissuesize of up to NOK 1,200 million, subject to market conditions. The RestrictedTier 1 issue will be Solvency II compliant and is expected to be rated BBB byS&P.The contemplated bond issue is authorised by the Company's General Meeting andapproved by the Norwegian Financial Supervisory Authority.Contact:Mitra Hagen Negård, Head of Investor Relations, tel. +47 957 93 631This information is subject to disclosure under the Norwegian Securities Actsection §5-12.Gjensidige is a leading Nordic insurance group listed on the Oslo StockExchange. We have approximately 4,700 full time employees and offer insuranceproducts in Norway, Denmark, Sweden and the Baltic states. In Norway, we alsoprovide pension and savings solutions. In 2024, the Group's insurance revenuewas NOK 39 billion, and total assets amounted to NOK 171 billion.For more information, visit: www.gjensidige.comhttps://newsweb.oslobors.no/message/655022
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