Gjensidige has entered into a new framework agreement with Itera, which will
continue to be their strategic partner in digitalisation and design. The
agreement lasts for three years with automatic renewal, thus keeping Gjensidige
as one of Itera's largest customers.

"Technology is a key factor for efficiency and innovation at Gjensidige, and we
see Itera as the right partner to realise our digitalisation ambitions. By
adopting new technologies, including cloud-based solutions, we can improve our
operational efficiency and deliver more value across the business. This will be
crucial for delivering user-friendly products to our customers with a fast
time-to-market. We have had a good partnership with Itera for many years and are
very satisfied with their distributed delivery model with both local and Central
European consultants. We are pleased that this cooperation will continue, as our
cultures align well, and we have succeeded with excellent deliveries over a long
period," says Johan Rostoft, EVP Technology & Insight at Gjensidige.

Itera has been Gjensidige's digitalisation partner for more than 20 years.
During this period, Gjensidige has achieved significant progress in
digitalisation and automation, especially in the Nordic market. Gjensidige has
among other things focused on efficient claims processing and automated sales
processes, which have reduced operating costs. The company has also improved the
customer experience through its mobile app and online platform and is among the
most advanced when it comes to digital sales services in Norway.

"We are very proud that Gjensidige, one of Northern Europe's most prominent
insurance companies, has chosen to extend the agreement with us. This is a great
vote of confidence and a confirmation of the good cooperation we have had over
many years. Over the course of more than 200 years, Gjensidige has consistently
worked to provide reassurance to its customers by ensuring the protection of
their lives, health, and valuables in a sustainable manner. We greatly
appreciate being able to support the good work they do, both with preventive
measures and assistance when damage has occurred. Their experience and expertise
benefit the entire society, and we look forward to continuing this important
collaboration," says Arne Mjøs, CEO of Itera.

For more information, please contact:
Bent Hammer, CFO at Itera, tel. +47 982 15 497, email: bent.hammer@itera.com.

About Gjensidige
Gjensidige is a leading Nordic non-life insurance company listed on the Oslo
Stock Exchange. They have around 4,500 employees and offer non-life insurance in
Norway, Denmark, Sweden, and the Baltics. In Norway, they also provide pension
and savings products. Operating revenues were NOK 36 billion in 2023, while
assets under management amounted to NOK 148 billion.

About Itera
Itera is a leading international technology company that helps businesses and
organisations accelerate their sustainable digital transformation. We have a
comprehensive ability to integrate digitalisation into the core of our
customers' businesses due to our wide range of services in digital strategy and
consulting, customer experience, technology, and cloud services. Our integrated
services and interdisciplinary teams meet customer needs quickly and at scale
through our world-class distributed delivery model across borders and our
Digital Factory at Scale, where we create more for less. With 15 offices in the
Nordic region, Central and Eastern Europe, we serve customers in 20 countries
worldwide. Itera is listed on the Oslo Stock Exchange under the ticker ITERA.