Wüstenrot & Württembergische : Annual Report Analyst Conference Call 2024

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Wüstenrot & Württembergische AG Agenda Group and Segment Development 2024 Outlook Appendix Our business areas are supported by strong partners across the group Segment Insurance  Service insurer in the life, health and property/casualty lines.  Adam Riese: Direct and broker brand for private customers Notes: 1) Comparison of Annual Reports German Bausparkassen, Gross new business by home loan savings 2) GDV, Feb. 2023 Change in the Management Board of the W&W Group Alexander Mayer Matthias Bogk  The Supervisory Board of W&W AG has appointed Matthias Bogk (47) as the new Chief Financial Officer of W&W AG with effect from July 1, 2025.  He succeeds Alexander Mayer (50), who will take on a Management Board role with interesting prospects within the industry at the same time.  Matthias Bogk joined the W&W Group in 2001 and has been CFO of Wüstenrot Bausparkasse since 2019. Excellent client base with growth potential Note: 1) as of December 2024 The W&W Group pursues a multi-channel sales approach To the point: Sustainability goals of the W&W Group Customers and products "Green" product lines and components in the business areas Sustainable and resource-saving customer communication Capital CO 2 -neutral operation of own buildings and vehicle fleet through the use of ecological energy sources and compensation of the remaining CO 2 emissions Society Promotion of cultural, sporting, social and regional offers Expansion of our regional educational networks Organisation Strengthen awareness for sustainability and anchor it across the Group Expansion of responsible corporate governance Employees Developing the future of work and work culture Increase employer attractiveness and employee satisfaction Promote diversity W&W Group structure as of 31 December 2024 Note: 1) Own shares are not taken into account due to insignificance. Agenda W&W - Overview and Strategy Outlook Appendix Group and Segment Development 2024 Overview 2024 The IFRS consolidated result amounted to EUR 36 million (previous year: EUR 141 million). In addition to the weak economic development, the financial year was characterized in part by massive storm damage in the W&W Group's regional core insurance area. In particular, the so-called "Orinoco" natural hazard event and various regional storms led to a significant decline in the IFRS consolidated result. In addition, the inverted yield curve had a negative impact on earnings in the Housing segment throughout 2024. The main portfolio sizes were expanded compared to the previous year. The portfolio of building loans increased from EUR 26.7 billion to EUR 28.4 billion. In the Housing segment, the portfolio of redeemed home loan and savings business (home loan and savings amount) rose to EUR 130.0 billion (previous year: EUR 125.5 billion). Insurance sales (underwriting income) in accordance with IFRS 17 also increased. In the Life & Health Insurance segment, it rose by 6.2% to EUR 1,303 (1,227) million and in the Property/Casualty Insurance segment by 7.2% to EUR 2,767 (2,581) million. Wüstenrot Bausparkasse AG acquired start:bausparkasse AG from BAWAG P.S.K with effect from July 1, 2024. In connection with the acquisition, Wüstenrot Bausparkasse AG began a new sales cooperation with Südwestbank in the area of new home loan and savings and mortgage lending business. This provides sales impetus for the future course of business. The W&W Group is continuing its digital transformation process with W&W Besser! The strategic projects were developed further throughout the 2024 financial year.

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