EQS-Adhoc: VIENNA INSURANCE GROUP AG: Public purchase offer to the shareholders of NÜRNBERGER Beteiligungs-AG at a price of EUR 120.00 per share and business combination agreement

EQS-Ad-hoc: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe / Key
word(s): Tender Offer
VIENNA INSURANCE GROUP AG: Public purchase offer to the shareholders of
NÜRNBERGER Beteiligungs-AG at a price of EUR 120.00 per share and business
combination agreement

16-Oct-2025 / 23:58 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group.
The issuer is solely responsible for the content of this announcement.

══════════════════════════════════════════════════════════════════════════

Vienna, 16 October 2025. On 16 October 2025, VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe (VIG) decided to offer to the shareholders of
NÜRNBERGER Beteiligungs-AG (NÜRNBERGER) by way of a voluntary public
purchase offer to acquire all no-par value registered shares in
NÜRNBERGER, each representing a proportionate amount of EUR 3.50 of the
share capital of NÜRNBERGER (ISIN: DE0008435967 and DE000A30U911) (the
NÜRNBERGER Shares) against payment of a cash consideration in the amount
of EUR 120.00 per NÜRNBERGER Share (the Purchase Offer).

In advance, NÜRNBERGER shareholders, such as the major shareholders
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft,
Versicherungskammer Bayern Versicherungsanstalt des öffentlichen Rechts,
Daido Life Insurance Company and Swiss Reinsurance Company Ltd., have
entered into irrevocable undertakings to tender their shares totaling
approximately 64.4% of NÜRNBERGER’s share capital into the Offer. Also,
the members of NÜRNBERGER’s management board have confirmed that they will
tender all NÜRNBERGER shares held by them into the Offer.

On 16 October 2025, VIG has also entered into a business combination
agreement with NÜRNBERGER, which contains the principal terms and
conditions of the purchase offer, the planned future organizational and
corporate governance structure and the business strategy pursued with the
transaction.

The settlement of the Purchase Offer will be subject to certain customary
conditions, including but not limited to the granting of the necessary
regulatory approvals and the achievement of a minimum acceptance rate of
at least 50% of NÜRNBERGER’s share capital plus one NÜRNBERGER Share
(controlling majority).

The offer document for the Purchase Offer with the more detailed terms of
the Purchase Offer and further notifications and information relating to
the Purchase Offer will be published on the internet at
[1] https://group.vig/nuernberger-erwerbsangebot.

 

End of Inside Information

══════════════════════════════════════════════════════════════════════════

Information and Explanation of the Issuer to this announcement:

Important information on the Purchase Offer:

This announcement is neither an offer to purchase or sell nor a
solicitation of an offer to purchase or sell NÜRNBERGER Shares.
Furthermore, this announcement is not an offer to purchase nor a
solicitation to purchase shares in VIG. The final terms and conditions of
the Purchase Offer and other information relating to the Purchase Offer
will only be disclosed in the offer document. VIG reserves the right to
deviate from the terms and conditions set forth herein and/or to provide
for additional conditions in the final terms and conditions of the
Purchase Offer. Investors and shareholders of NÜRNBERGER are strongly
advised to carefully and fully read the Offer Document and all other
announcements and documents regarding the Purchase Offer when they become
available, as they will contain important information.

Since the NÜRNBERGER Shares are not admitted to trading on any organized
market within the meaning of Sec. 1 para. 1 of the German Securities
Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz –
WpÜG), the WpÜG and the German Regulation on the Content of the Offer
Document, the Consideration to be granted in Takeover Offers and Mandatory
Offers and the Exemption from the Obligation to Publish and Launch an
Offer (Verordnung über den Inhalt der Angebotsunterlage, die Gegenleistung
bei Übernahmeangeboten und Pflichtangeboten und die Befreiung von der
Verpflichtung zur Veröffentlichung und zur Abgabe eines Angebots) do not
apply to the Purchase Offer. The offer document will not be reviewed or
approved by any regulatory or supervisory authority in Germany, and no
registration, approval or authorization of the offer document is intended
to be obtained in any other jurisdiction.

The Purchase Offer will be made in accordance with the laws of the Federal
Republic of Germany. Any contract that comes into existence as a result of
accepting the Purchase Offer will be governed by the laws of the Federal
Republic of Germany and is to be interpreted in accordance with such laws.

 

VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe

The Managing Board

══════════════════════════════════════════════════════════════════════════

16-Oct-2025 CET/CEST News transmitted by EQS Group. www.eqs.com

View original content: [2]EQS News

══════════════════════════════════════════════════════════════════════════

Language: English
Company: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
Schottenring 30
1010 Vienna
Austria
Phone: +43(0)50 390-22000
Fax: +43(0)50 390 99-22000
E-mail: info@vig.com
Internet: www.group.vig
ISIN: AT0000908504
WKN: A0ET17
Indices: Wiener Börse (ATX), Prager Börse (PX)
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2214564

 
End of Announcement EQS News Service

2214564  16-Oct-2025 CET/CEST

https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2214564&application_name=news&site_id=apa_ots_austria~~

References

~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5e60b85fa3ce501e96a7298a8082310d&application_id=2214564&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender