EQS-Adhoc: Complaint for damages resulting from Infinus investor claims against UNIQA Österreich / Term sheet on key elements of out-of-court solution with key investor groups

EQS-Ad-hoc: UNIQA Insurance Group AG / Key word(s): Legal Matter/Scheme of
   Arrangement
   Complaint for damages resulting from Infinus investor claims against UNIQA
   Österreich / Term sheet on key elements of out-of-court solution with key
   investor groups

   21-Dec-2023 / 12:00 CET/CEST
   Disclosure of an inside information acc. to Article 17 MAR of the
   Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS
   Group AG.
   The issuer is solely responsible for the content of this announcement.

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   Update of the disclosure of inside information pursuant to Art 17 MAR of
   13 November 2020, 4 May 2022, 18 August 2022 and 21 February 2023.

   On 13 November 2020 UNIQA Insurance Group AG published as ad hoc
   disclosure pursuant to Art 17 MAR that a complaint for damage claims based
   on private law was filed by a German special purpose entity against UNIQA
   Österreich Versicherungen AG ("UNIQA Österreich") in its capacity as legal
   successor of former FINANCE LIFE Lebensversicherung AG and that claims
   have also been alleged by other investors out of court. On 18 August 2022
   UNIQA Insurance Group AG published as ad hoc disclosure that a part of
   these investor claims, which had previously been alleged out of court,
   have been asserted in court in Germany. These plaintiffs belonging to
   investor groups coordinated among themselves are different from those
   whose claims are asserted by the German special purpose entity in Vienna.

   A term sheet will be signed today with the representatives of those
   investor groups coordinated among themselves (only not with the German
   special purpose entity) which reflects the agreement on the key elements
   of a possible out-of-court solution. For reasons of procedural economy,
   but without acknowledging the alleged claims and without acknowledging any
   legal obligation, UNIQA Österreich would undertake to pay to the investors
   belonging to these groups an amount of up to EUR 59,320,000.00, the exact
   determination and due date of which still depend on certain perimeter. In
   addition to the preparation and signing of the formal and binding
   agreement, the agreement requires the approval by the relevant claimants
   with a quota of 90 % in order to become effective.

   Based on current estimates of UNIQA, this is not expected to have a
   material adverse effect on the overall result for the 2023 financial year.

   End of Inside Information

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   21-Dec-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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   Language:    English
   Company:     UNIQA Insurance Group AG
                Untere Donaustraße 21
                1029 Vienna
                Austria
   Phone:       +43 1 211 75-0
   E-mail:      investor.relations@uniqa.at
   Internet:    www.uniqagroup.com
   ISIN:        AT0000821103
   WKN:         928900
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 1802311


    
   End of Announcement EQS News Service


   1802311  21-Dec-2023 CET/CEST

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