Uniqa Insurance Group Ag · VIE:UQA

Uniqa Insurance — Shareholder Meeting (June 2024)

63 slides from Uniqa Insurance's shareholder meeting presentation, Jun 3, 2024

  1. Slide 1: 25th Annual General Meeting UNIQA Insurance Group AG

    25 Annual General Meeting th UNIQA Insurance Group AG living better together

  2. Slide 2: Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Agenda 1. Presentation of the approved and officially adopted non-consolidated financial statements and the consolidated financial statements of UNIQA Insurance Group AG for the year ending 31 December 2023, the management report, the corporate go

  3. Slide 3: Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Agenda (b) subject to approval by the Supervisory Board, to exclude, if appropriate, the shareholders’ subscription rights, provided the share capital is increased (b.a) for the purpose of implementing an employee participation program either incl

  4. Slide 4: Item 1 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 1 of the Agenda Presentation of the approved and officially adopted non-consolidated financial statements and the consolidated financial statements of UNIQA Insurance Group AG for the year ending 31 December 2023, the management report, the c

  5. Slide 5: Report of the Chairman of the Executive Board on agenda item 1

    Report of the Chairman of the Executive Board on agenda item 1

  6. Slide 6: What challenges us?

    Q UNIGA ee © What challenges

  7. Slide 7: What challenges us?

    What challenges us? … in Europe: - Global competitiveness - Performance - then prosperity - Security … in the industry: - Climate - Pensions - Health

  8. Slide 8: Natural catastrophes 2023

    Natural catastrophes 2023 UNIQA Global Figures1 Weather-related claims: Total losses 250 billion US-Dollars, only • 153 million Euro in Austria 95 billion US-Dollars insured • 33 million Euro in CEE No mega-disasters, many regional storms Third highest value of the last 20 years Extremely high tempe

  9. Slide 9: Demographic & social change: life expectancy

    Demographic & social change 1970 2021 Life expectancy ~70 ~81 Childhood, school, 25 43 retirement 45 38 Working life 1970 2021 Quelle: Rainer Münz

  10. Slide 10: Challenge healthcare system

    Challenge healthcare system We are getting older and older Proportion of 65+ year olds: 19.5 percent in 2022, 26.6 percent in 2040 200,000 additional nursing and care staff needed by 2050 Austria among OECD-leaders in healthcare expenditure: about 50 billion Euros in 2023 Expensive repair medicine i

  11. Slide 11: Our range of movement is increasing!

    : Our range of movement is increasing!

  12. Slide 12: The financial year 2023

    The financial year 2023

  13. Slide 13: Continued strong business performance

    Continued strong business performance (a) Gross written Premium Insurance Revenue P&C Brutto CoR New Investment Yield 7,186 m EUR 5,994 m EUR 89.4% 4.7% +10% +12% -2.3 pp +0.4 pp Investment income Earnings before taxes Profit after taxes Dividend 589 m EUR 426 m EUR 303 m EUR 57 Cent +227% +57% +18%

  14. Slide 14: P&C and Health drive growth

    P&C and Health drive growth Gross written premium(a) , m EUR 10% 7 186 7 186 6 549 6 565 6 358 6 549 1 583 Life Insurance 1 590 - 0.4% 5 310 5 373 1 388 Health Insurance 1 276 + 9% 4 214 P & C Insurance 3 683 +14% 2018 2019 2020 2021 2022 2023 2022 2023 (a) Premiums written in 2022 and 2023 excludin

  15. Slide 15: Key financial indicators

    Key financial indicators ROE (%) RoRAC (%) (a) Dividend per share (EUR) / Payout Ratio (%) 2,5pp 2,9pp 38% 45% 44% 102% 91% 67% 32% 285% 54% 44% 58% 0.57 0.55 0.55 14,1% 0.53 0.51 11,6% 0.49 13,1% 0.47 10,2% 0.42 0.35 FY22 FY23 FY22 FY23 0.18 0.18 Earnings Per Share (EUR) Regulatory Capital Position

  16. Slide 16: Austria: strong regional presence

    Austria: strong regional presence 4.6 2nd Place 3.7 m Customers Customer Satisfaction +5.0% Growth € 3.7 Premium • 2,400 sales staff in 2 2 3 exclusive sales Austria 2 In total • > 300 general agency locations 1 1 1 • > 1,000 broker partners 1 1 Since 2023 • 300 car dealership partners 1 1st place i

  17. Slide 17: Austria: our future & products

    Austria: our future & products Future Consultants Innovative products New business models • 108 apprentices in sales: sales • New retail products: Household/ • Corporate Service: Risk and force succession secure legal protection/ liability & accident ESG advisory services • New GeneralAgency locatio

  18. Slide 18: Austria: Raiffeisen Bank

    Austria: Raiffeisen Bank 1.4 m Customers 4,200 Bank Consultants Cooperation contract € 724 m Premium ▪ Promotion of our omnichannel solution ▪ Health insurance in every Raiffeisen Bank (advice, conclusion, support) Focus areas ▪ Insurance checks in person and online ▪ Digital signature: use at 50%

  19. Slide 19: CEE: insurance with the highest margin

    CEE: insurance with the highest margin Top 5 in CEE 14.6 m Customers 4.6 Customer Satisfaction +13.8% Growth € 230 m EBT (1.4 m Pensionfund customers) 300 EBT mio. Euro 250 Securing profitability and tapping new potential 200 o Strategic Key initiatives across BAU Excellence countries & functions 15

  20. Slide 20: Mavie

  21. Slide 21: Structure

    STRUCTURE Goal: Health topics (outside of insurance) under one roof UNIQA Österreich Versicherungen AG 100% Health insurance Insurance Exploration Health Mavie Holding 100% 100% 100% UNIQA Health Mavie Next PremiQaMed Services

  22. Slide 22: Mavie supports people on their way to better health and wellbeing

    MAVIE SUPPORTS PEOPLE ON THEIR WAY TO BETTER HEALTH AND WELLBEING 1 2 3 4 Health prevention Healthy employees for Ageing with self- Leading operator of simply and conveniently healthy companies determination and private healthcare from your home dignity facilities 5 Telemedicine as part of the healt

  23. Slide 23: Mavie supports people on their way to better health and wellbeing

    MAVIE SUPPORTS PEOPLE ON THEIR WAY TO BETTER HEALTH AND WELLBEING 1 2 3 4 Health prevention Ageing with self- Leading operator of Healthy employees for simply and conveniently determination and private healthcare healthy companies from your home dignity facilities 5 Telemedicine as part of the healt

  24. Slide 24: Blood and microbiome tests from the comfort of your own home

    BLOOD AND MICROBIOME TESTS FROM THE COMFORT OF YOUR OWN HOME Health check with detailed findings Explained in simple language and with recommendations for action from doctors Tests all relevant parameters (up to 40 parameters for blood, more than 1,500 bacteria for microbiome) www.mavie.me

  25. Slide 25: Mavie supports people on their way to better health and wellbeing

    MAVIE SUPPORTS PEOPLE ON THEIR WAY TO BETTER HEALTH AND WELLBEING 1 2 3 4 Health prevention Ageing with self- Leading operator of Healthy employees for simply and conveniently determination and private healthcare healthy companies from your home dignity facilities 5 Telemedicine as part of the healt

  26. Slide 26: Mavie Work market leader for corporate healthcare solutions

    2 Mavie Work is the market leader for corporate healthcare solutions in Austria and supports more than 170 companies and their over 140,000 employees on their way to better physical and mental health. www.work.mavie.care

  27. Slide 27: Holistic offerings for improved employee well-being

    HOLISTIC OFFERINGS FOR IMPROVED EMPLOYEE WELL-BEING 2 Mental Health Diagnostic Physical Health Employee Assistance Program Preventive medical check-ups „Motivation to Move“ & digital portal directly in the company Health programs

  28. Slide 28: Mavie supports people on their way to better health and wellbeing

    MAVIE SUPPORTS PEOPLE ON THEIR WAY TO BETTER HEALTH AND WELLBEING 1 2 3 4 Health prevention Ageing with self- Leading operator of Healthy employees for simply and conveniently determination and private healthcare healthy companies from your home dignity facilities 5 Telemedicine as part of the healt

  29. Slide 29: Together with Cura Domo, innovative care solutions

    3 Together with Cura Domo, we develop innovative solutions for individualized care models & care at home. Biggest owner-managed agency for 24-hour care in Austria Long-term and short-term care models 24 hours / 7 days a week availability www.curadomo.at Fast arrangement of caregivers Personal suppor

  30. Slide 30: Mavie supports people on their way to better health and wellbeing

    MAVIE SUPPORTS PEOPLE ON THEIR WAY TO BETTER HEALTH AND WELLBEING 1 2 3 4 Health prevention Ageing with self- Leading operator of Healthy employees for simply and conveniently determination and private healthcare healthy companies from your home dignity facilities 5 Telemedicine as part of the healt

  31. Slide 31: Private clinics

    4 PRIVATE CLINICS 245 MIO. EUROS INVESTED IN CLINICAL EXCELLENCE • 180 million Euros in the joint new construction of the private clinics Confraternität and Goldenes Kreuz • 65 million Euros in the ongoing expansion and modernization of Privatklinik Döbling LEADING OPERATOR OF PRIVATE HEALTHCARE FAC

  32. Slide 32: Mavie supports people on their way to better health and wellbeing

    MAVIE SUPPORTS PEOPLE ON THEIR WAY TO BETTER HEALTH AND WELLBEING 1 2 3 4 Health prevention Ageing with self- Leading operator of Healthy employees for simply and conveniently determination and private healthcare healthy companies from your home dignity facilities 5 Telemedicine as part of the healt

  33. Slide 33: Telemedicine with Telemedi

    5 Telemedicine is an important component of future medical care. Majority stake in Polish company Telemedi acquired. Roll out in CEE and Austria planned. More than 300,000 patients trust in Telemedi Around half a million medical enquiries per year Innovative platform for digital healthcare as a usef

  34. Slide 34: What keeps us busy?

    What keeps us busy?

  35. Slide 35: Digital change as a central challenge

    Digital change as a central challenge... Development of work in Western Europe, all industries Hours worked Change in hours in 2016 worked by 2030 Skills Billion In % Physical and 113 -16 manual skills Basic cognitive 62 -17 skills Higher cognitive 78 7 skills Social and 67 22 emotional skills Techn

  36. Slide 36: UNIQA Employees: stable headcount situation

    UNIQA Employees: stable Headcount situation 14,629 Employees 42 years ⌀ age Employee satisfaction Score (+0.8% to 2022) (identical to 2022) UNIQA EX Index, Pulse Check 12’23 3.0 2.25 3.75 9.3% Employee turnover 41.2% female Leaders (+0.2% to 2022) 4.5 Increase and decrease 1.0 3.8 5.0 of Headcount 7

  37. Slide 37: Our ecological footprint is improving

    Our ecological footprint is improving Investments Underwriting Operations ESG-Ratings Emission intensity of Insurance-related Emissions per CDP B investments (WACI) emissions Austria employee ISS-ESG C- (t CO2e/€ m revenue) (t CO2e) (t CO2e) MSCI BBB -27% -2% -2% 99 20.164 17.872 1.01 Sustainalytics

  38. Slide 38: The first quarter 2024

    Q UNIGA The first quarter 2024

  39. Slide 39: Strong growth, more profit!

    Strong growth, more profit! Gross written premium Gross Combined Ratio Insurance Revenue 2,184 m EUR 86.7 % 140 m EUR (Q1/2023: +10.9%) (-2%p) (+8.5%) Solvency Capital Ratio Earnings before taxes Outlook Ausblick 264 % 145 m EUR (+16.8%)

  40. Slide 40: Thank you for your trust!

    Thank you for your trust! living better together

  41. Slide 41: Item 2 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 2 of the Agenda Resolution on the distribution of the net profit shown in the Company's financial statements for the year ending 31 December 2023

  42. Slide 42: Resolution on distribution of net profit

    ITEM 2 OF THE AGENDA Resolution proposed by the Management Board and the Supervisory Board „The net profit for the 2023 financial year in the amount of EUR 176,789,324.96 shall be appropriated as follows: Distribution of a dividend of EUR 0.57 for each no-par-value share carrying dividend rights (30

  43. Slide 43: Item 3 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 3 of the Agenda Resolution on the approval of the actions of the members of the Management Board and the Supervisory Board of the Company for the 2023 business year

  44. Slide 44: Resolution: approval of Management Board actions

    ITEM 3 OF THE AGENDA Resolution proposed by the Management Board and the Supervisory Board „The actions of the members of the Management Board of the Company (in the 2023 business year) shall be approved for the 2023 business year.”

  45. Slide 45: Resolution: approval of Supervisory Board actions

    ITEM 3 OF THE AGENDA Resolution proposed by the Management Board and the Supervisory Board „The actions of the members of the Supervisory Board of the Company (in the 2023 business year) shall be approved for the 2023 business year.“

  46. Slide 46: Item 4 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 4 of the Agenda Election of the auditor of the non-consolidated and consolidated financial statements for the business year 2025 and (anticipatory) election of the auditor of the sustainability reports for the business years 2024 and 2025

  47. Slide 47: Resolution: election of auditor

    ITEM 4 OF THE AGENDA Resolution proposed by the Supervisory Board „PwC Wirtschaftsprüfung GmbH shall be elected auditor of the non-consolidated and consolidated financial statements for the year ending 31 December 2025. PwC Wirtschaftsprüfung GmbH shall (by anticipation) be elected auditor of the su

  48. Slide 48: Item 5 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 5 of the Agenda Resolution on the remuneration report disclosing the remuneration of the Management Board and the Supervisory Board for the 2023 business year

  49. Slide 49: Resolution: remuneration report

    ITEM 5 OF THE AGENDA Resolution proposed by the Management Board and the Supervisory Board „The Remuneration Report disclosing the remuneration of the Management Board and the Supervisory Board for the 2023 business year, as attached to this proposed resolution as Enclosure 1 (and available on the w

  50. Slide 50: Item 6 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 6 of the Agenda Resolution on the Remuneration Policy

  51. Slide 51: Resolution: Remuneration Policy

    ITEM 6 OF THE AGENDA Resolution proposed by the Supervisory Board „The amended Remuneration Policy for the members of the Management Board and the members of the Supervisory Board, submitted to the Annual General Meeting attached to this proposed resolution as Enclosure 2 (and available on the websi

  52. Slide 52: Item 7 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 7 of the Agenda Resolution on the daily allowances and the remuneration of the members of the Supervisory Board

  53. Slide 53: Resolution: Supervisory Board remuneration

    ITEM 7 OF THE AGENDA Resolution proposed by the Management Board and the Supervisory Board „The remuneration of the members of the Supervisory Board for the 2023 business year shall amount to a total of EUR 1,180,000.00, the distribution among the individual members of the Supervisory Board being su

  54. Slide 54: Item 8 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 8 of the Agenda Resolution on the authorization of the Management Board, up to and including 30 June 2029: (a) to increase the share capital with the approval of the Supervisory Board by a maximum of EUR 80,000,000 through the issue of up to

  55. Slide 55: Item 8 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 8 of the Agenda (b.b.) against contributions in kind, in particular of businesses, establishments, parts of establishments or shares in one or several companies in Austria or abroad, or (b.c.) for an over-allotment option (greenshoe), or (b.d

  56. Slide 56: Resolution: authorized capital

    ITEM 8 OF THE AGENDA Resolution proposed by the Management Board and the Supervisory Board „The Management Board shall be authorized, up to and including 30 June 2029, (a) to increase the share capital with the approval of the Supervisory Board by a maximum of EUR 80,000,000 through the issue of up

  57. Slide 57: Resolution: authorized capital, Articles of Association amendment

    ITEM 8 OF THE AGENDA (b.b.) against contributions in kind, in particular of businesses, establishments, parts of establishments or shares in one or several companies in Austria or abroad, or (b.c.) for an over-allotment option (greenshoe), or (b.d.) for the adjustment of fractional amounts, and (c)

  58. Slide 58: Resolution: authorized capital, subscription rights exclusion

    ITEM 8 OF THE AGENDA (b.a.) for the purpose of implementing an employee participation program either including members of the Management Board and/or senior executives or exclusively for members of the Management Board and/or senior executives of the Company or a stock option plan for employees, inc

  59. Slide 59: Item 9 of the Agenda

    25TH ANNUAL GENERAL MEETING UNIQA INSURANCE GROUP AG Item 9 of the Agenda Election of a member of the Supervisory Board

  60. Slide 60: Resolution: election of Supervisory Board member

    ITEM 9 OF THE AGENDA Resolution proposed by the Supervisory Board „Prof. Dr. Dr.h.c. Monika Henzinger, born on 22 April 1966, shall be elected member of the Supervisory Board. The election shall be effective as of the end of the 25th Annual General Meeting for a term of office until the end of the A

  61. Slide 61: General debate

    @ UNIGA General debate eT irer as pg at hes

  62. Slide 62: Voting

    Voting

  63. Slide 63: Thank you for your trust!

    Thank you for your trust! living better together

UNIQA Insurance Group — Shareholder Meeting (June 2024) on 6ix