Zavarovalnica Triglav

Capital/Financing Update • Jul 10, 2024

Category: Inside information

Published on: SEOnet

Published at:  09.07.2024 16:15

Published document ID: INI-427/24

INI-409/24

ZAVAROVALNICA TRIGLAV, d.d., Ljubljana

Issue of a subordinated bond

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

Zavarovalnica Triglav issued a 20.5-year subordinated bond (Tier 2 under Solvency II), callable after 10.5 years as part of the Triglav Group's regular capital management activities. The total issue size of the bond, with the ISIN code XS2848005166, is EUR 100 million and the yield is 6.75%. Until the first reset date, the bond carries a fixed annual interest rate of 6.70%, with the coupon payable annually. After the first reset date, the interest rate becomes variable, and the coupon is paid quarterly.

The bond issue is part of the Triglav Group's regular capital management activities and is carried out every few years. The success of this issue further confirms the high level of confidence that institutional investors have in the Group.

This bond issue was aimed at well-informed investors and will be admitted to trading on the regulated market of the Luxembourg Stock Exchange in accordance with their expectations.

This information will be published on the website of Zavarovalnica Triglav d.d. at www.triglav.eu, as of 9 July 2024 and will remain available on the Company's public website for a period of at least five years.

Management Board of Zavarovalnica Triglav d.d.

Date: 10.07.2024