Assicurazioni Generali

Transaction in Own Shares • Aug 9, 2024

Informazione Regolamentata n. 0018-84-2024	Data/Ora Inizio Diffusione 9 Agosto 2024 06:59:31		Euronext Milan
Societa'	:	ASSICURAZIONI GENERALI
Identificativo Informazione Regolamentata	:	194608
Utenza - Referente	:	ASSGENERN12 - CATALANO
Tipologia	:	2.4; 2.2
Data/Ora Ricezione	:	9 Agosto 2024 06:59:31
Data/Ora Inizio Diffusione	:	9 Agosto 2024 06:59:31
Oggetto	:	Generali to start a share buyback programme for a total maximum amount of € 500 million
Testo del comunicato

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09/08/2024 PRESS RELEASE

Generali to start a share buyback programme for a total maximum amount of € 500 million

Trieste – Generali (the "Company") announces the start of the share buyback programme implementing the resolution of the Shareholders' Meeting of 24 April 2024, which authorised the purchase of treasury shares for the purposes of cancellation, in one or more transactions, for a total disbursement of up to € 500,000,000 and in any case for a maximum number of shares not exceeding 3% of the Company's share capital, within and no later than 18 months from the Generali Shareholders' Meeting resolution. The buyback programme is part of the capital management policy of the "Lifetime Partner 24: Driving Growth" strategic plan with the aim to provide shareholders with remuneration in addition to the distribution of dividends by using part of the excess liquid funds accumulated by the Company during the three-year period 2022-24. The purchase of its own shares is instrumental to the cancellation of said shares, even in multiple tranches, without reducing the share capital.

For these purposes, Generali has signed a buyback agreement with Goldman Sachs International. Such intermediary will proceed with the purchase of the shares in full independence, in compliance with the parameters and criteria set out in the buyback agreement, as well as the applicable regulations and the shareholders' resolution. The buyback of the Company's shares will start on 12 August 2024 and end by the end of December 2024.

The minimum purchase price of the shares may not be lower than the implicit nominal value of the share at that time, while the maximum purchase price may not exceed 5% of the reference price recorded by the share in the exchange trading day on the day prior to the completion of each purchase, and in any case not exceeding the aggregate amount of €500 million.

The purchase transactions within the buyback programme will be carried out exclusively on the Euronext Milan market, pursuant to article 144-bis, paragraph 1, letter b) and c) of the Consob Regulation adopted by resolution no. 11971 of 14 May 1999, as subsequently amended and supplemented ("Consob Issuers' Regulations") and any applicable laws and regulations, thus in accordance with the operating procedures established by the regulations governing the market organisation and management, so as to ensure that all shareholders are treated equally and to fulfil all public information requirements.

Generali will disclose to the market, in accordance with the provisions in force, the details of any purchase transactions carried out until the end of the buyback programme.

THE GENERALI GROUP

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali's strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

Media Relations T +39.02.43535014 media@generali.com Investor Relations www.generali.com T +39.040.671402 ir@generali.com

Generali @GENERALI generaligroup GruppoGenerali

Fine Comunicato n.0018-84-2024	Numero di Pagine: 3
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