Zavarovalnica Triglav

Earnings Release • May 22, 2024

Category: Inside information

Published on: SEOnet

Published at:  21.05.2024 08:30

Published document ID: INI-324/24

INI-315/24

ZAVAROVALNICA TRIGLAV, d.d., Ljubljana

Triglav Group Q1 2024 results

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

The Triglav Group effectively overcame the shortfall in supplemental health insurance premium in Slovenia in Q1 2024. It significantly increased the business volume of other segments, especially the Non-Life segment (up by 12%), and achieved growth both in the Adria region markets (up by 14%) and the wider international environment (up by 19%), while maintaining its financial stability and strong capitalisation. The Group's earnings before tax amounted to EUR 43.3 million (up by 153%) and its net earnings to EUR 36.6 million (up by 154%). Taking into account the expected business conditions for the remainder of the year, at the end of the first quarter, the Group estimates that it will achieve its planned annual result.

More detailed information on the Triglav Group's performance in the first quarter of 2024 is enclosed hereto together with the presentation for investors.

This information will be published on the website of Zavarovalnica Triglav d.d. at www.triglav.eu as of 21 May 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: 22.05.2024