(EMABIT) by HUF 30,000,000, ie thirty million forints. As a result of the capital increase, the new share capital of EMABIT is HUF 1,120,000,000, ie. one billion one hundred and twenty million forints. The share capital will be increased by the private placement of 30 (thirty) new dematerialized registered ordinary shares with a nominal value of HUF 1,000,000 (one million) and an issue value of HUF 100,000,000 (hundred million) by paying a cash contribution pursuant to Section 3:296 of Act V of 2013 on the Civil Code (Civil Code). The shares represent the same rights as the shares previously issued. The entire share capital increase will be carried out by CIG Pannónia Life Insurance Plc., as the sole owner of EMABIT. All shares will be taken over by the Company.

Simultaneously with the share capital increase, the Company places the difference between the issue and the nominal value of the shares HUF 2,970,000,000, (two billion nine hundred and seventy million) in the capital reserve of EMABIT.

The Company informs the Esteemed Shareholders that the share capital will be increased by issuing new shares to finance the Company's operations, to ensure safe reserves arising from so-called Italian affairs¹ and to maintain the necessary, expected and safe solvency of own funds.

Managing Board

¹CIG Pannonia Life Insurance Plc. - Quarterly Report Q3 2024 - 1.2.2. Other events (https://bet.hu/site/newkib/en/2024.11./CIG_Pannonia_Life_Insurance_Plc._-_Quarterly_Report_Q3_2024_129160609)