EQS-Adhoc: VIENNA INSURANCE GROUP AG: Public purchase offer to the shareholders of NÜRNBERGER Beteiligungs-AG at a price of EUR 120.00 per share and business combination agreement

EQS-Ad-hoc: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe / Key
   word(s): Tender Offer
   VIENNA INSURANCE GROUP AG: Public purchase offer to the shareholders of
   NÜRNBERGER Beteiligungs-AG at a price of EUR 120.00 per share and business
   combination agreement

   16-Oct-2025 / 23:58 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.
   The issuer is solely responsible for the content of this announcement.

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   Vienna, 16 October 2025. On 16 October 2025, VIENNA INSURANCE GROUP AG
   Wiener Versicherung Gruppe (VIG) decided to offer to the shareholders of
   NÜRNBERGER Beteiligungs-AG (NÜRNBERGER) by way of a voluntary public
   purchase offer to acquire all no-par value registered shares in
   NÜRNBERGER, each representing a proportionate amount of EUR 3.50 of the
   share capital of NÜRNBERGER (ISIN: DE0008435967 and DE000A30U911) (the
   NÜRNBERGER Shares) against payment of a cash consideration in the amount
   of EUR 120.00 per NÜRNBERGER Share (the Purchase Offer).

   In advance, NÜRNBERGER shareholders, such as the major shareholders
   Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft,
   Versicherungskammer Bayern Versicherungsanstalt des öffentlichen Rechts,
   Daido Life Insurance Company and Swiss Reinsurance Company Ltd., have
   entered into irrevocable undertakings to tender their shares totaling
   approximately 64.4% of NÜRNBERGER’s share capital into the Offer. Also,
   the members of NÜRNBERGER’s management board have confirmed that they will
   tender all NÜRNBERGER shares held by them into the Offer.

   On 16 October 2025, VIG has also entered into a business combination
   agreement with NÜRNBERGER, which contains the principal terms and
   conditions of the purchase offer, the planned future organizational and
   corporate governance structure and the business strategy pursued with the
   transaction.

   The settlement of the Purchase Offer will be subject to certain customary
   conditions, including but not limited to the granting of the necessary
   regulatory approvals and the achievement of a minimum acceptance rate of
   at least 50% of NÜRNBERGER’s share capital plus one NÜRNBERGER Share
   (controlling majority).

   The offer document for the Purchase Offer with the more detailed terms of
   the Purchase Offer and further notifications and information relating to
   the Purchase Offer will be published on the internet at
   [1]https://group.vig/nuernberger-erwerbsangebot.

    

   End of Inside Information

   ══════════════════════════════════════════════════════════════════════════

   Information and Explanation of the Issuer to this announcement:

   Important information on the Purchase Offer:

   This announcement is neither an offer to purchase or sell nor a
   solicitation of an offer to purchase or sell NÜRNBERGER Shares.
   Furthermore, this announcement is not an offer to purchase nor a
   solicitation to purchase shares in VIG. The final terms and conditions of
   the Purchase Offer and other information relating to the Purchase Offer
   will only be disclosed in the offer document. VIG reserves the right to
   deviate from the terms and conditions set forth herein and/or to provide
   for additional conditions in the final terms and conditions of the
   Purchase Offer. Investors and shareholders of NÜRNBERGER are strongly
   advised to carefully and fully read the Offer Document and all other
   announcements and documents regarding the Purchase Offer when they become
   available, as they will contain important information.

   Since the NÜRNBERGER Shares are not admitted to trading on any organized
   market within the meaning of Sec. 1 para. 1 of the German Securities
   Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz –
   WpÜG), the WpÜG and the German Regulation on the Content of the Offer
   Document, the Consideration to be granted in Takeover Offers and Mandatory
   Offers and the Exemption from the Obligation to Publish and Launch an
   Offer (Verordnung über den Inhalt der Angebotsunterlage, die Gegenleistung
   bei Übernahmeangeboten und Pflichtangeboten und die Befreiung von der
   Verpflichtung zur Veröffentlichung und zur Abgabe eines Angebots) do not
   apply to the Purchase Offer. The offer document will not be reviewed or
   approved by any regulatory or supervisory authority in Germany, and no
   registration, approval or authorization of the offer document is intended
   to be obtained in any other jurisdiction.

   The Purchase Offer will be made in accordance with the laws of the Federal
   Republic of Germany. Any contract that comes into existence as a result of
   accepting the Purchase Offer will be governed by the laws of the Federal
   Republic of Germany and is to be interpreted in accordance with such laws.

    

   VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe

   The Managing Board

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   16-Oct-2025 CET/CEST News transmitted by EQS Group. www.eqs.com

   View original content: [2]EQS News

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
                Schottenring 30
                1010 Vienna
                Austria
   Phone:       +43(0)50 390-22000
   Fax:         +43(0)50 390 99-22000
   E-mail:      [email protected]
   Internet:    www.group.vig
   ISIN:        AT0000908504
   WKN:         A0ET17
   Indices:     Wiener Börse (ATX), Prager Börse (PX)
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 2214564


    
   End of Announcement EQS News Service


   2214564  16-Oct-2025 CET/CEST

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