The new board of directors of the international Generali Group has been elected

By: Trademagazin Date: 2022. 04. 29. 07:32

The ordinary and extraordinary Annual General Meeting (“AGM”) of Assicurazioni Generali S.p.A. was held today under the chairmanship of Gabriele Galateri di Genola. The AGM has approved the financial statements for the year 2021, as disclosed to the public, which closed with a net result of € 1,847 million, and announced the distribution to the shareholders of a dividend of € 1.07 per share, to be paid as from 25 th May 2022. Shares will trade ex-dividend as from 23rd May 2022.

After setting the size of the Board at 13 members, a new Board of Directors has also been elected to hold office for three financial years, that is, until approval of the financial statements for the year 2024, and its remuneration has been determined. • The list presented by outgoing Board of Directors – the majority list – has obtained 55.9% of votes.

• The list presented by the shareholder VM2006 – the first minority list – has obtained 41.73% of votes.

• The list presented by several UCIs under the aegis of Assogestioni – the second minority list – has obtained 1.9% of votes. From the majority list, the following have been elected: Andrea Sironi (indicated as independent Chairman), Clemente Rebecchini, Philippe Donnet (indicated as Managing Director), Diva Moriani, Luisa Torchia, Alessia Falsarone, Lorenzo Pellicioli, Clara Furse, Umberto Malesci, Antonella Mei-Pochtler. From the first minority list, the following have been elected: Francesco Gaetano Caltagirone, Marina Brogi, Flavio Cattaneo. The elected directors, in light of what they communicated when submitting the lists, all possess the independence conditions as per art. 28.2 of the Articles of Association, by art. 147-ter of the TUF and the Italian Corporate Governance Code as implemented by the Company, with the sole exception of

• Philippe Donnet, Clemente Rebecchini and Lorenzo Pellicioli with reference to the slate presented by the Board of Directors

• Francesco Gaetano Caltagirone for the list presented by the shareholder VM 2006 S.r.l. All the elected directors also declared that they meet the conditions of professionalism, good standing and independence required under the current Italian legislation for insurance companies. The curriculum vitae of all directors are available in the documentation containing information of the nominees for appointment to the Board of Directors from the respective lists. As of today, based on the information available it is aware that among the elected directors, Philippe Donnet owns 1,175,693 shares of Assicurazioni Generali, equal to 0.07% of the share capital, Francesco Gaetano Caltagirone through affiliated legal entities owns 157,900,000 shares of Assicurazioni Generali, equal to 9.95% of the share capital and Marina Brogi owns 2,580 shares of Assicurazioni Generali. The first meeting of the newly elected Board will take place in the first half of next week to discuss appointments to the corporate bodies.