VIENNA INSURANCE GROUP

Investor Presentation

The Finest CEElection Investor Conference 2023

10 October 2023

WE ARE A WELL DIVERSIFIED AND SOLIDLY CAPITALISED INSURANCE GROUP WITH CONTINUOUS DIVIDEND PAYOUTS SINCE 1994

Represented in

30

markets

Around

29,000

employees serve roughly 28mn customers

Solvency Ratio

280%

as of 31 December 2022

2 STRATEGY

More than

50

insurance companies and pension funds

S&P Rating

A+

with stable outlook

Dividend per share for 2022:

€1.30

Continuous dividend payout since 1994

Insurance service revenue1

Special Markets

5.2%

Extended CEE

28.9%

Group 2022

34.2% Austria

€ 5,380mn

11.6%

Poland

20.1%

Czech Republic

1 IFRS 17/9 preliminary, unaudited data as of 31 December 2022

VIG VIENNA INSURANCE GROUP

VIG - LEADING INSURANCE GROUP IN CEE

VIG as early mover with excellent market shares

Top 3

Austria

Albania Baltic states Bulgaria Czech Republic Hungary

Country

Market positions

Non-life

Life

Total

Austria

1

1

1

Czech Republic

1

1

1

Poland

4

5

4

Slovakia

2

1

1

Romania

1

2

1

Hungary

1

1

1

Bulgaria

3

2

1

Ukraine

2

6

2

Total Market Share

22.6%

31.7%

8.9%

27.1%

22.6%

19.4%

13.6%

11.5%

NO

SE

DK

DE

CZ

1

AT

LI

EE

2

LV

1

LT

1

BY

PL

SK

1

MD

North Macedonia

Romania

Serbia

Slovakia

Ukraine

>Top 3

Bosnia & Herzegovina #4

Croatia #4

Kosovo #4

Moldova #5

Montenegro #6

Poland #4

Slovenia #10

UA

2

Special

FR

VIG operating in:

20

+

10

Core Markets

Special Markets

Source: local authorities; data FY 2022 (Ukraine Q3 2022)

1

SI

HR

IT

HU

1RO

1

RS

BA 3

BG

MNE KOS1

AL MK

2 1

Markets

GE

TR

3 STRATEGY

VIG

VIENNA INSURANCE GROUP

6

5

4

3

2

1

0

TAKING ADVANTAGE OF THE LONG-TERM GROWTH POTENTIAL IN CEE

Annual insurance spending as indicator for growth potential

Insurance density 2022 (premiums per capita, in €)

Insurance density in 2022 in

1,328

Austria: € 2,139

744

509

438

414

410

402

387

360

272

176

176

174

167

130

100

76

62

49

32

Slovenia

Czech Republic

Slovakia

Lithuania

Estonia

Poland

Croatia

Hungary

Latvia

Bulgaria

Romania

Türkiye

Montenegro

Serbia

Bosnia- Herzegovina

North Macedonia

Kosovo

Albania

Moldova

Ukraine

GDP growth forecast (real change in % against previous year)

6.0

4.3

3.8

4.1

4.0

4.0

3.0

3.1

3.2

3.1

3.0

3.0

3.0

3.0

2.7

2.7

2.5

2.5

2.5

2.4

Slovenia

Czech Republic

Slovakia

Lithuania

Estonia

Poland

Croatia

Hungary

Latvia

Bulgaria

Romania

Türkiye

Montenegro

Serbia

Bosnia- Herzegovina

North Macedonia

Kosovo

Albania

Moldova

Ukraine

Source: VIG internal calculation (July 2023); wiiw Summer Forecast (July 2023)

2023

2024

2025

4

VIG

STRATEGY

VIENNA INSURANCE GROUP

OUR SUCCESS IS FOUNDED ON A DIVERSIFIED AND RESILIENT BUSINESS MODEL BASED ON PROVEN MANAGEMENT PRINCIPLES

Local entrepreneurship

Multi-brand policy

  • Knowledge of local needs and markets
  • Decentralised structures & efficient decision-making procedures
  • VIG Holding responsible for steering the Group
  • Utilisation of established local brands → Local identification through market-specific brand(s)
  • "Vienna Insurance Group" underlines the Group's internationality and strength

Multi-channel distribution

11%

25%

Conservative investment and reinsurance policies

  • Various distribution channels (incl partnership with Erste Group)
  • Strongly customer-oriented distribution

8%

56%

Employed sales forces & tied agents

Banks Brokers & agents

EUR 35.8bn

2022

  • Focus on secure and sustainable investments

▪ Spreading risk by means of diversification

5 STRATEGY

Other

Financial assets according to IFRS 17/9

VIG VIENNA INSURANCE GROUP

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Disclaimer

Vienna Insurance Group AG published this content on 10 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 October 2023 10:04:04 UTC.