Sampo Oyj · OMXHEX:SAMPO
Sampo Oyj — Shareholder Meeting (April 2025)
11 slides from Sampo Oyj's shareholder meeting presentation, Apr 23, 2025
Slide 1: Sampo plc Annual General Meeting 2025
Sampo plc Annual General Meeting 2025 23 April 2025
Slide 2: Group CEO presentation, Torbjörn Magnusson
Sampo plc Annual General Meeting 2025 Torbjörn Magnusson Group CEO 25 April 2024
Slide 3: Sampo's transformation into a pure P&C group has been completed
Annual General Meeting Sampo’s transformation into a pure P&C group has been completed Clear strategy Simplified group structure Strong brands Nordea exit Sampo plc Pure insurance Group companies Minority holdings Plc investments Demerger Pure P&C insurance One unified P&C insurance group Extensive
Slide 4: Topdanmark integration provides significant synergies
Annual General Meeting Topdanmark integration provides significant synergies Expected synergy realisation Expected operational synergy realisation timeline, EURm 95 EUR 30 million ~30% Expected revenue synergies per year ~70% EUR 65 million Expected cost synergies per year 2025 2026 2027 2028 Timeli
Slide 5: Solid performance driven by top-line growth
Annual General Meeting Solid performance driven by top-line growth Strong FX-adjusted top line growth of 12%, supported by all Key figures 2024 2023 business areas Gross written premiums and 9,931 8,870 brokerage income, EURm Robust performance in non-motor growth areas, particularly in Insurance re
Slide 6: Continued strong top-line growth driven by UK
Annual General Meeting Continued strong top-line growth driven by UK Group currency-adjusted top-line growth in 2024 Group total 12% Over 400,000 new customers in UK Private 6.5% Strong growth in Topdanmark Commercial 5.6% Industrial 9.5% Solid GWP growth in Private, driven by non-motor lines Topdan
Slide 7: Targeted initiatives driving attractive premium growth
Annual General Meeting Targeted initiatives driving attractive premium growth Growth in Nordic non-motor lines Group GWP development GWP growth, % GWP growth, % 12% FY24 12% 10% Personal insurance, 9% 6% 5% Private property, 10% Base PI, pvt UK Organic Oona Total portfolio property deal & SME ~50% S
Slide 8: Underwriting excellence requires active management
Annual General Meeting Underwriting excellence requires active management Securing high and stable profitability in Industrial Profitable underwriting of electric vehicles • Industrial is an attractive business for Sampo • If insures nearly 300,000 EVs – a 6x increase vs 2020 • Industrial margins ha
Slide 9: Performance against financial targets and outlook
Annual General Meeting Performance against financial targets and outlook Target for 2024-2026 2024 Outlook for 2025 Operating EPS growth (period average): >7% 13% ✓ The outlook for Sampo Group’s 2025 financial performance is: Combined ratio: <85% (annual) 84.3% ✓ • Group insurance revenue: EUR 8.7–9
Slide 10: Sampo continues to deliver attractive capital returns
Annual General Meeting Sampo continues to deliver attractive capital returns Sampo capital returns, EUR • Dividend proposal (regular dividend): EUR 0.34 per share • EUR 475 million returned through share buybacks in 2024 Buybacks, 380 1,443 555 475 EURm • EUR 325 million deployed in the squeeze-out
Slide 11: Sampo plc contact details
Sampo plc Annual General Meeting 2025 Sampo plc Fabianinkatu 27 00100 Helsinki, Finland Phone: +358 10 516 0100 Business ID: 0142213-3 www.sampo.com @Sampo_plc sampo-plc sampo_oyj