21.12.2023 12:00:58 - dpa-AFX: EQS-Adhoc: Complaint for damages resulting from Infinus investor claims against UNIQA Österreich / Term sheet on key elements of out-of-court solution with key investor groups (english)

Complaint for damages resulting from Infinus investor claims against UNIQA
Österreich / Term sheet on key elements of out-of-court solution with key
investor groups

EQS-Ad-hoc: UNIQA Insurance Group AG / Key word(s): Legal Matter/Scheme of
Arrangement
Complaint for damages resulting from Infinus investor claims against UNIQA
Österreich / Term sheet on key elements of out-of-court solution with key
investor groups

21-Dec-2023 / 12:00 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 AG.
The issuer is solely responsible for the content of this announcement.

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Update of the disclosure of inside information pursuant to Art 17 MAR of 13
November 2020, 4 May 2022, 18 August 2022 and 21 February 2023.

On 13 November 2020 UNIQA Insurance Group AG published as ad hoc disclosure
pursuant to Art 17 MAR that a complaint for damage claims based on private
law was filed by a German special purpose entity against UNIQA Österreich
Versicherungen AG ('UNIQA Österreich') in its capacity as legal successor of
former FINANCE LIFE Lebensversicherung AG and that claims have also been
alleged by other investors out of court. On 18 August 2022 UNIQA Insurance
Group AG published as ad hoc disclosure that a part of these investor
claims, which had previously been alleged out of court, have been asserted
in court in Germany. These plaintiffs belonging to investor groups
coordinated among themselves are different from those whose claims are
asserted by the German special purpose entity in Vienna.

A term sheet will be signed today with the representatives of those investor
groups coordinated among themselves (only not with the German special
purpose entity) which reflects the agreement on the key elements of a
possible out-of-court solution. For reasons of procedural economy, but
without acknowledging the alleged claims and without acknowledging any legal
obligation, UNIQA Österreich would undertake to pay to the investors
belonging to these groups an amount of up to EUR 59,320,000.00, the exact
determination and due date of which still depend on certain perimeter. In
addition to the preparation and signing of the formal and binding agreement,
the agreement requires the approval by the relevant claimants with a quota
of 90 % in order to become effective.

Based on current estimates of UNIQA, this is not expected to have a material
adverse effect on the overall result for the 2023 financial year.


End of Inside Information

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21-Dec-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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   Language:       English
   Company:        UNIQA Insurance Group AG
                   Untere Donaustraße 21
                   1029 Vienna
                   Austria
   Phone:          +43 1 211 75-0
   E-mail:         investor.relations@uniqa.at
   Internet:       www.uniqagroup.com
   ISIN:           AT0000821103
   WKN:            928900
   Indices:        ATX
   Listed:         Vienna Stock Exchange (Official Market)
   EQS News ID:    1802311




End of Announcement EQS News Service
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1802311 21-Dec-2023 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
UNIQA INSURANCE GROUP AG 928900 Frankfurt 8,270 24.05.24 16:05:42 -0,020 -0,24% 0,000 0,000 8,170 8,270

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