diff --git a/gcc/range-op.cc b/gcc/range-op.cc
index 086c6c19735831aea513f03179d4535202b6df69..268f6b6f02508456c7eba0236cf3a4cc0c14dece 100644
--- a/gcc/range-op.cc
+++ b/gcc/range-op.cc
@@ -4325,7 +4325,17 @@ operator_addr_expr::op1_range (irange &r, tree type,
 			       const irange &op2,
 			       relation_trio) const
 {
-  return operator_addr_expr::fold_range (r, type, lhs, op2);
+   if (empty_range_varying (r, type, lhs, op2))
+    return true;
+
+  // Return a non-null pointer of the LHS type (passed in op2), but only
+  // if we cant overflow, eitherwise a no-zero offset could wrap to zero.
+  // See PR 111009.
+  if (!contains_zero_p (lhs) && TYPE_OVERFLOW_UNDEFINED (type))
+    r = range_nonzero (type);
+  else
+    r.set_varying (type);
+  return true;
 }
 
 // Initialize any integral operators to the primary table
diff --git a/gcc/testsuite/gcc.dg/pr111009.c b/gcc/testsuite/gcc.dg/pr111009.c
new file mode 100644
index 0000000000000000000000000000000000000000..3accd9ac0630756385c1807a5e4bc18674c6b2ec
--- /dev/null
+++ b/gcc/testsuite/gcc.dg/pr111009.c
@@ -0,0 +1,38 @@
+/* PR tree-optimization/111009 */
+/* { dg-do run } */
+/* { dg-options "-O3 -fno-strict-overflow" } */
+
+struct dso {
+ struct dso * next;
+ int maj;
+};
+
+__attribute__((noipa)) static void __dso_id__cmp_(void) {}
+
+__attribute__((noipa))
+static int bug(struct dso * d, struct dso *dso)
+{
+ struct dso **p = &d;
+ struct dso *curr = 0;
+
+ while (*p) {
+  curr = *p;
+  // prevent null deref below
+  if (!dso) return 1;
+  if (dso == curr) return 1;
+
+  int *a = &dso->maj;
+  // null deref
+  if (!(a && *a)) __dso_id__cmp_();
+
+  p = &curr->next;
+ }
+ return 0;
+}
+
+__attribute__((noipa))
+int main(void) {
+    struct dso d = { 0, 0, };
+    bug(&d, 0);
+}
+