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Call of the Slovene Insurance Supervision Agency Regarding Dividends

ZAVAROVALNICA TRIGLAV, d.d., Ljubljana

Call of the Slovene Insurance Supervision Agency Regarding Dividends

In accordance with the Ljubljana Stock Exchange Rules and the applicable legislation, ZAVAROVALNICA TRIGLAV d.d., Ljubljana hereby publishes the following notice:

Zavarovalnica Triglav notified its shareholders and the general public that the proposal of the Management Board and the Supervisory Board regarding the distribution of accumulated profit for 2019 will be made also by taking into account the situation related to the COVID-19 pandemic and its impact on the Triglav Group’s operations and position.

On 31 March 2020, as a preventive measure to ensure financial stability during the coronavirus epidemic, the Slovene Insurance Supervision Agency sent a letter to the insurance companies, pension companies and reinsurance companies calling upon them to suspend the payment of dividends from accumulated profit until 1 October 2020 and not to undertake any irrevocable commitment to pay out dividends.

In accordance with the requirement, the Management Board will take a position within three business days as well as transparently notify the shareholders and the general public thereof.  

This information will be published on the website of Zavarovalnica Triglav d.d. at www.triglav.eu as of 1 April 2020 and will remain available on the Company's public website for a period of at least five years.