Gjensidige extends employee share savings scheme into 2026

Gjensidige Forsikring ASA will continue its share savings scheme for employees in 2026, aiming to enhance employee engagement and retention. The program allows staff in Norway, Denmark, and Sweden to purchase company shares through monthly salary deductions, with Gjensidige contributing 25% of the annual invested amount, capped at NOK 7,500. Additionally, employees receive one bonus share for every four shares bought after two years of ownership, provided they remain employed.

The scheme features maximum annual savings amounts of DKK 90,000 for Denmark and NOK 120,000 for Norway and Sweden. Primary insiders have already subscribed to the 2026 scheme, with eleven executives committing NOK 120,000 each, and Ruben Pettersen, a board member, subscribing to NOK 30,000. Vivi Kofoed, evp, claims, subscribed DKK 90,000. Share purchases will commence after the Q1 2026 interim report, with subsequent allocations reported in accordance with regulations.

This initiative, authorized by the general meeting on March 20, 2025, aligns with Gjensidige’s strategy to motivate employees. The company emphasizes that the scheme is designed to increase employee interest in company performance through share ownership.