=------------------------------------------------------------------------------- 
  General meeting information transmitted by euro adhoc with the aim of a 
  Europe-wide distribution. The issuer is responsible for the content of this 
  announcement. 
=------------------------------------------------------------------------------- 
 
21.05.2021 
 
Translation from German original - 
in case of doubt the German version prevails 
 
Publication of the resolution of the Annual General Meeting of VIENNA 
INSURANCEGROUP AG Wiener Versicherung Gruppe on the redemption of treasury 
shares pursuant to Section 65 (1) No. 8 and (1a) and (1b) of the Austrian Stock 
Corporation Act [Aktiengesetz/AktG] and on the sale of treasury shares in a way 
other than via the stock exchange or a public offering (Section 65 (1b) AktG) 
 
Publication pursuant to Section 119 (9) of the Austrian Stock Exchange Act 2018 
[Börsegesetz/BörseG 2018] in conjunction with Sections 2 and 3 of the 
Publication Regulation 2018 [Veröffentlichungsverordnung/ VeröffentlichungsV 
2018] 
 
The Annual General Meeting of VIENNA INSURANCE GROUP AG Wiener Versicherung 
Gruppe, Schottenring 30, 1010 Vienna, FN [Company Register No.] 75687 f, of 21 
May 2021 has passed the following resolution, which is hereby published pursuant 
to Section 65 (1a) AktG in conjunction with Section 119 (9) BörseG 2018 and 
pursuant to Sections 2 and 3 VeröffentlichungsV 2018: 
 
The authorisation of the Managing Board pursuant to Section 65 (1) no. 4 and no. 
8 and (1a) and (1b) AktG as resolved by the 28th Annual General Meeting on 24 
May 2019 to repurchase treasury shares and resell these treasury shares will be 
revoked and replaced by the following new authorisation: 
 
The Managing Board is authorised pursuant to Section 65 (1) no. 8 and (1a) and 
(1b) AktG to acquire treasury ordinary bearer shares to the maximum extent 
permitted by law during a term of thirty (30) months from the day of the 
resolution of the Annual General Meeting. The equivalent to be paid upon 
redemption must not be lower than a maximum of 50% of the unweighted average 
closing price on the Vienna Stock Exchange of the ten trading days preceding 
redemption and not higher than a maximum of 10% of the unweighted average 
closing price of the ten trading days preceding redemption. At the Managing 
Board's option the shares may be acquired via the stock exchange or a public 
offering or in any other expedient manner that is permitted by law. In the event 
of a redemption via a public offer the cut-off date for the end of the 
calculation period is the day on which the intention to make a public offer is 
announced (Section 5 (2) and (3) Takeover Act [Übernahmegesetz/ÜbG]). 
 
The Managing Board is further entitled for a period of five (5) years from the 
resolution with exclusion of the shareholders' subscription rights 
 
a) to use treasury shares in order to satisfy any obligations in connection with 
convertible bonds issued on the basis of the resolution of the Annual General 
Meeting of 21 May 2021; and 
 
b) to sell treasury shares in any way that is permitted by law and other than 
via the stock exchange or a public offering. 
 
Vienna, May 2019 
                               The Managing Board 
 
 
 
Further inquiry note: 
VIENNA INSURANCE GROUP AG 
Wiener Versicherung Gruppe 
1010 Vienna, Schottenring 30 
 
 
Nina Higatzberger-Schwarz 
Head of Investor Relations 
Phone: +43 (0)50 390-21920 
Fax: +43 (0)50 390 99-21920 
E-Mail: nina.higatzberger@vig.com 
 
end of announcement                         euro adhoc 
=-------------------------------------------------------------------------------

(END) Dow Jones Newswires

May 21, 2021 10:43 ET (14:43 GMT)