CIG Pannonia Life Insurance Private Limited Company (registered office: H-1097 Budapest, Könyves Kálmán körút 11.B, company registration nr.: 01 10 045857, hereinafter referred to as Company) previosuly informed[1] its Esteemed Shareholders and the other participants of the capital market that the Board of Directors taking into account our goals set at the end of the 2025 business year, according to which “… we are ready to search for acquisition targets in order to ensure our growth and, if positive, to acquire these targets[2]” – from its own resources decided to establish branches in the Czech Republic and the Slovak Republic in accordance with its regional strategic priority at group level[3] in order to facilitate its life and non-life insurance activities (market entry), which will contribute to its ability to carry out professional insurance activities in these countries.

In this announcement, we hereby confirm that the CIG Pannónia Első Magyar Általános Biztosító Zrt. (EMABIT) have completed the registration in the Slovak Republic of its branch office in the Member States, in accordance with their intention to acquire specific[4] acquisition targets.

CIG Pannonia Life Insurance Plc.

Management Board