VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe: Publication of the decision to make a voluntary public purchase offer

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VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe/ Key word(s): Tender Offer VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe: Publication of the decision to make a voluntary public purchase offer 17.10.2025 / 00:00 CET/CESTThe issuer is solely responsible for the content of this announcement.Translation from German original – in case of doubt the German version prevails. Bidder:VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe Schottenring 30 1010 Vienna, Austria registered with the commercial register of the Commercial Court of Vienna (Handelsgericht Wien) under registration number FN 75687 fTarget:NÜRNBERGER Beteiligungs-AG Ostendstraße 100 90334 Nuremberg registered with the commercial register of the Local Court of Nuremberg (Amtsgericht Nürnberg) under HRB 66 ISIN: and DE000A30U911On 16 October 2025, VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe (VIG) decided to offer to the shareholders of NÜRNBERGER Beteiligungs-AG (NÜRNBERGER) by way of a voluntary public purchase offer to acquire all no-par value registered shares in NÜRNBERGER, each representing a proportionate amount of EUR 3.50 of the share capital of NÜRNBERGER (ISIN: and DE000A30U911) (the NÜRNBERGER Shares) against payment of a cash consideration in the amount of EUR 120.00 per NÜRNBERGER Share (the Purchase Offer).In advance, NÜRNBERGER shareholders, such as the major shareholders Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft, Versicherungskammer Bayern Versicherungsanstalt des öffentlichen Rechts, Daido Life Insurance Company and Swiss Reinsurance Company Ltd., have entered into irrevocable undertakings to tender their shares totaling approximately 64.4% of NÜRNBERGER’s share capital into the Offer. Also, the members of NÜRNBERGER’s management board have confirmed that they will tender all NÜRNBERGER shares held by them into the Offer.Today, VIG has also entered into a business combination agreement with NÜRNBERGER, which contains the principal terms and conditions of the purchase offer, the planned future organizational and corporate governance structure and the business strategy pursued with the transaction.The settlement of the Purchase Offer will be subject to certain customary conditions, including but not limited to the granting of the necessary regulatory approvals and the achievement of a minimum acceptance rate of at least 50% of NÜRNBERGER’s share...

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