Triglav Group in January - September 2024, its business plan for 2025 and strategic ambitions to 2030

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

In the first nine months 2024, the Triglav Group's earnings before tax stood at EUR 124.7 million (9M 2023: EUR –10.1 million) and its net earnings amounted to EUR 106.8 million (9M 2023: EUR –9.6 million). The Group achieved strong performance across all business segments. The total business volume reached EUR 1,305.4 million, a 4% year-on-year decline. However, when factoring in the effect of the shortfall in supplemental health insurance premium in Slovenia, it recorded an 8% growth. At the end of the first nine months, the Group reaffirmed its increased annual earnings before tax forecast of EUR 130–150 million, which includes the compensation received from the state.

To ensure continued profitable, save and sustainable operations, the Group has adopted its business plan for 2025 and upgraded its business strategy to 2030. In 2025, the Group projects earnings before tax of EUR 130–150 million (net earnings of EUR 100–120 million) in the ordinary course of business. Its strategic ambition is to double it to EUR 250–300 million by 2030. The Group continues to maintain its financial stability and capitalisation within the target range, positioning itself as a stable, safe and profitable investment for investors.

More detailed information on the Triglav Group's performance in the first nine months of 2024, its plan for 2025 and the highlights of its strategic ambitions to 2030 are 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 20 November 2024 and will remain available on the Company's public website for a period of at least five years.