Zavarovalnica Triglav

Regulatory Filings • Jul 21, 2023

Category: Inside information

Published on: SEOnet

Published at:  20.07.2023 15:30

Published document ID: INI-483/23

INI-469/23

ZAVAROVALNICA TRIGLAV, d.d., Ljubljana

Additional clarification regarding the abolition of supplemental health insurance in Slovenia

The legal basis to abolish the existing supplemental health insurance system in Slovenia was adopted, resulting in the Triglav Group and the other two supplemental health insurance providers no longer providing this type of insurance products in Slovenia as of 1 January 2024. The effects of this on Triglav Group's operations stem from the way the abolition was implemented. In accordance with its strategy, the Triglav Group will continue to develop and strengthen (complementary) health insurance in the Adria region markets, which are one of the pillars of its insurance activity.

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

We would like to inform you that on 20 July 2023 the Act Amending the Health Care and Health Insurance Act entered into force, ending the uncertainty regarding changes to the supplemental health insurance system in Slovenia. As of 1 January 2024, supplemental health insurance will be abolished in its current form, which means that the Triglav Group will no longer provide supplemental health insurance products in the context of the Slovenian public healthcare system as of that date. Pursuant to the aforementioned law, on that same day all existing supplemental health insurance contracts in Slovenia will also be terminated.

The Triglav Group, the largest insurance and financial group in the Adria region, supports changes to the public healthcare system in Slovenia. These changes have been expected for many years; therefore, the Group has appropriately included them in its strategic development activities and plans. However, the way the changes are being implemented is unexpected, and the Group has already communicated its first estimates of the effects of these facts on its operations. The Group's insurance activity will continue to be strategically focused on complementary health insurance, which it sells and develops as commercial insurance products in the Adria region markets. These activities will continue in the future.

This information will be published on the website of Zavarovalnica Triglav d.d. at www.triglav.eu as of 20 July 2023 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: 21.07.2023