Wüstenrot & Württembergische : Quarterly Statement W&W AG 31/03/2026

About this update from Wuestenrot & Wuerttembergische Ag

Quarterly Statement as at 31 March 2026 Wüstenrot & Württembergische AG Performance of business operations According to preliminary estimates by the Federal Statistical Selected Group key figures 1/1/2026 to 1/1/2025 to 51/5/2026 51/5/2025 Change in € millions in € millions in % 50,448 50,116 +1.1 5,910 4,595 -11.0 548 556 +5.6 948 889 +6.6 Office, the German economy recorded a 0.3% increase in real gross domestic product (GDP) in the first quarter of 2026. Private and public consumption expenditure were the main contributors to this growth. The geopolitical crisis in the Middle East is currently weighing on the German economy, particularly through significantly higher energy prices, leading to increased uncertainty regarding future economic developments. Against this backdrop, the W&W Group got off to a good start in 2026. Whilst new business performance varied across the individual segments in the first three months of the financial year, the portfolio grew in all segments. Building loan portfolio 1 New business volume housing (new lending business & new home loan savings business (gross)) Insurance revenue life and health insurance segment Total premiums in new life insurance business Insurance revenue A closer look at the developments: The construction loan port- folio rose from €30.1 billion to €30.4 billion. Insurance revenue property/casualty insurance segment 755 709 +6.5 (underwriting income) in accordance with IFRS 17 also in- creased. In the personal insurance segment, it rose by 3.6% to Annual portfolio premium (new and replacement business; 186 189 -1.6 €348 million (previous year: €336 million), whilst in the prop- property/casualty insurance) erty/ casualty insurance segment it grew by 6.5% to €755 mil- 1 Values as at 51 March 2026 and 51 December 2025. lion (previous year: €709 million). In the housing segment, new business volume was lower than in the previous year. Total premiums in life insurance rose by 6.6%. In the property/casualty insurance segment, new business remained at the previous year's level. The positive performance in the motor vehicle and retail customer segments is being overshadowed by measures to improve profitability in the corporate customer business. The earnings performance at the start of the year underscores the objective of once again increasing both the consolidated profit under IFRS and the profit under the German Commercial Code (HGB) in W&W AG's annual financial statements for the current financial year. As expected, the housing segment got off to a stronger start in 2026 thanks to an improved financial result. In personal insurance, the trend in operating profit remained stable. In property/casualty insurance, increases in premium income driven by portfolio growth, combined with a moderate claims trend, led to another good underwriting result, although it was somewhat weaker than in the exceptional previous year. Overall, the Group's earnings performance was therefore encouraging. Capital ratios continued to perform well. Outlook With a view to 2026 as a whole, we are maintaining the earnings forecasts from the annual report. We are tar- geting a consolidated net income (IFRS) of between €120 million and €150 million. This forecast is subject to the proviso that there are no capital market disruptions, economic downturns or unforeseeable major loss events in the remainder of the year. IR Contact: E-Mail: [email protected] Investor Relations Hotline: +49 711 662-72 52 52

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