Gisele Marchand elected as new Chair of the Board in Forsikring ASA

The General Meeting in Gjensidige Forsikring ASA has elected Gisele Marchand as new Chair of the Board in of the company. She succeeds Inge K. Hansen, Chair of the Board since 2008, who has declined re-election.

Marchand (1958) has been a member of the Board of Gjensidige since 2010. She is a board member and chair of the audit committee of Norgesgruppen AS and Selvaag Bolig ASA, and a board member of Eiendomsspar AS, Victoria Eiendom AS, Scatec Solar ASA and Boligbygg Oslo KF. She has previous experience from several Boards, e.g. Norske Skog ASA and Oslo Børs AS. Marchand has previously been CEO of Eksportfinans AS, the Norwegian Public Service Pension Fund, the Bates Group and an EVP of Den norske Bank, where she had the responsibility for private- and commercial customers in . She is a graduate of Copenhagen Business School. The Board of Gjensidige Forsikring ASA now consists of the following persons: Gisele Marchand, Chair (New) Vibeke Krag (New) Terje Seljeseth (New) Per Arne Bjørge (Not up for election) John Giverholt (Not up for election) Hilde Merete Nafstad (Not up for election) Eivind Elnan (Not up for election) Lotte K. Sjøberg (Employee-elected – Not up for election) Anne Marie Nyhammer (Employee-elected – Re-elected) Gunnar Mjåtvedt (Employee-elected – Re-elected) Head of Communication Øystein Thoresen Tel: 47 952 33 382 Gjensidige is a leading Nordic insurance group listed on the . We have about 4,000 employees and offer insurance products in Norway, Denmark, Sweden and the Baltic states. In Norway, we also offer banking, pension and savings. Operating income was NOK 25.5 billion in 2016, while total assets were NOK 135.9 billion.