Wüstenrot & Württembergische AG
Interim Report 2025 W&W Group
14 August 2025
Agenda
W&W - Overview & Strategy
Segment and Group Development H1 2025
Outlook
Appendix
Service and Central Functions
Group-wide services around IT, investments, services and digitalization
Our business areas are supported by strong partners across the group
Segment Housing
Everything around housing: home loan savings, financing, project planning, sales and brokerage
# 2
Bausparen1)
Segment Insurance
Service insurer in the life, health and property/casualty lines.
Adam Riese: Direct and broker brand for private customers
# 10
Lebens-versicherung2)
# 9
Schaden- & Unfallversicherung2)
6.4 mn customers, 6.6 k employees, one common location in Kornwestheim: the W&W-Campus
Notes: 1) Comparison of Annual Reports German Bausparkassen, Gross new business by home loan savings 2) GDV, Feb. 2024
Excellent client base with growth potential
∼6.4 mn
Customers1
On average three contracts per customer
High client retention (low churn rate)
Solvent customer base
Increasing digital affinity
Note: 1) as of June 2025
The W&W Group pursues a multi-channel sales approach
Own sales channels Partnerships and cooperations
Insurances
2,300 Tied agents
Banks and financial distributors
3,000 Tied agents
Direct channels
Sales networks& Brokers
Over 20,000
Broker
Partnerships
Comprehensive multi-channel distribution approach opens up access to 55 mn customers