06-06-2014

Vienna Insurance Group Annual General Meeting 2014

Resolution to increase dividend to EUR 1.30 per share; Elections to the Supervisory Board.

The 23rd Annual General Meeting of Vienna Insurance Group AG Wiener Versicherung Gruppe was held on 6 June 2014 at the Wiener Stadthalle.

In light of the Group’s exceptionally strong capital base and its robust operating performance in the financial year 2013, the Annual General Meeting approved the proposal by the Managing and Supervisory Boards for a further increase in the dividend to EUR 1.30 per share – 10 cents higher than for the previous year. Vienna Insurance Group has therefore retained its dividend policy of distributing at least 30 percent of Group profits after taxes and non-controlling interests. The ex-dividend date is 11 June 2014, and the dividend payment date is 16 June 2014.

Since the appointments of all ten members of the Supervisory Board expired, the Annual General Meeting elected a new Vienna Insurance Group Supervisory Board. Maria Kubitschek, Rudolf Ertl, Georg Riedl and Günter Geyer were elected to the Supervisory Board for the first time – Günter Geyer after a cooling-off period of slightly more than two years. The previous Chairman, Wolfgang Ruttenstorfer, left the Supervisory Board of the Vienna Insurance Group when his term of office expired at the end of the Annual General Meeting.

“On behalf of the Managing Board of the Vienna Insurance Group, I would like to thank Wolfgang Ruttenstorfer for his outstanding work with us over the past few years. As Chairman of the company’s Supervisory Board, he has made a major contribution to strategic decision making in the Group and to its profitable long-term development,” said Peter Hagen, CEO and Chairman of the Vienna Insurance Group Managing Board.

About the newly elected members of the Supervisory Board

Maria Kubitschek is Head of the Economics Department of the Austrian Federal Chamber of Labour. She is responsible for various areas including economics, economic policy, financial and tax law, and EU and international affairs. Maria Kubitschek studied social sciences and economics at the University of Vienna.

Rudolf Ertl is a member of the Managing Board of Wiener Städtische Wechselseitiger Versicherungsverein – Vermögensverwaltung – Vienna Insurance Group, the main shareholder of Vienna Insurance Group. He has a doctorate in law, and has worked for the Group since 1972. Rudolf Ertl was a member of the Managing Board of Wiener Städtische Versicherung AG Vienna Insurance Group until the end of 2008, and a member of the Managing Board of Donau Versicherung AG Vienna Insurance Group until June 2009.

Georg Riedel is a practising lawyer in Vienna, specialising in business and commercial law, company and tax law, mergers and acquisitions, trusts and law of contract.

Günter Geyer is Chairman of the Managing Board of Wiener Städtische Wechselseitiger Versicherungsverein – Vermögensverwaltung – Vienna Insurance Group and President of Versicherungsverband Österreich (Austrian Insurance Association). From 2001 he was CEO of Wiener Städtische Versicherung AG Vienna Insurance Group and until May 2012 he headed the Vienna Insurance Group as Chairman of the Managing Board and CEO.

The composition of the Vienna Insurance Group AG Wiener Versicherung Gruppe Supervisory Board is now as follows:

Bernhard Backovsky

Martina Dobringer

Rudolf Ertl

Günter Geyer

Maria Kubitschek

Reinhard Ortner

Heinz Öhler
Georg Riedl

Karl Skyba

Gertrude Tumpel-Gugerell

The resolutions of the Annual General Meeting were passed by large majorities. Further information is available for download at https://www.vig.com/annual-general-meeting.html

The video of the presentation by CEO Peter Hagen as part of today’s Annual General Meeting will be available after the Annual General Meeting on the Vienna Insurance Group’s website at

https://www.vig.com/annual-general-meeting.html.

Vienna Insurance Group (VIG) is the leading insurance specialist in Austria as well as in Central and Eastern Europe. About 50 companies in 25 countries form a Group with a long-standing tradition, strong brands and close customer relations. VIG looks back on 190 years of experience in the insurance business. With about 23,000 employees, Vienna Insurance Group is the clear market leader in its core markets. It is therefore excellently positioned to take advantage of the long-term growth opportunities in a region with 180 million people. The listed Vienna Insurance Group is the best-rated company of ATX, the leading index of Vienna Stock Exchange; its share is also listed on the Prague Stock Exchange.

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