Annual General Meeting of Hannover Rück SE approves dividend increase and
appointment of new Supervisory Board members

EQS-News: Hannover Rück SE / Key word(s): AGM/EGM
Annual General Meeting of Hannover Rück SE approves dividend increase and
appointment of new Supervisory Board members

06.05.2024 / 18:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Annual General Meeting of Hannover Rück SE approves dividend increase and
appointment of new Supervisory Board members

* Total dividend of EUR 7.20 per share approved

  * Chief Executive Officer Jean-Jacques Henchoz confident of further
    growing profitability over the strategy cycle 2024-2026

Hannover, 6 May 2024: The Annual General Meeting of Hannover Rück SE
approved all proposed resolutions.

In his address Chief Executive Officer Jean-Jacques Henchoz looked back on
the successful financial years of the past strategy cycle. He highlighted
how reliably Hannover Re delivered on its promises in the years from 2021 to
2023 in the face of numerous challenges. These are successes that Hannover
Re will build on.

Guided by the three beacons of 'Focus, Grow, Accelerate', Hannover Re will
concentrate on its existing strengths and intact growth drivers. Promising
partnerships and in-house initiatives will contribute additional profitable
growth. Looking to the current three-year strategy cycle, Henchoz held out
the prospect of further earnings growth.

The Annual General Meeting approved the proposal of the Executive Board and
Supervisory Board to pay a total dividend of EUR 7.20 (previous year: EUR
6.00) per share for the 2023 financial year, an increase of 20% compared to
the previous year. The payout consists of an ordinary dividend of EUR 6.00
(previous year: EUR 5.00) per share and a special dividend of EUR 1.20
(previous year: EUR 1.00) per share.

The Annual General Meeting elected as scheduled the shareholder
representatives on the Supervisory Board of Hannover Re. Harald Kayser and
Dr. Alena Kouba were elected as new members of the Supervisory Board; they
succeed Dr. Andrea Pollak and Dr. Erhard Schipporeit. The employee
representatives had already been elected on 4 April 2024 by the joint
Employee Council of Hannover Rück SE and E+S Rückversicherung AG, with
Sibylle Kempff and Timo Kaufmann succeeding Natalie Bani Ardalan and Frauke
Heitmüller. The other existing members of the Supervisory Board were
reappointed for a further term of office.

The next Annual General Meeting is to be held on 7 May 2025 in Hannover.

Hannover Re is one of the world's leading reinsurers. It transacts all lines
of property & casualty and life & health reinsurance and is present
worldwide with more than 3,500 staff. German business of the Hannover Re
Group is written by the subsidiary E+S Rück. Established in 1966, Hannover
Re is recognised as a reliable partner for innovative risk solutions,
exceptional customer intimacy and financial soundness. The rating agencies
most relevant to the insurance industry have awarded both Hannover Re and
E+S Rück outstanding financial strength ratings: Standard & Poor's AA- 'Very
Strong' and A.M. Best A+ 'Superior'.

Please note the disclaimer: https://www.hannover-re.com/535917

Contact

External Communications:
Oliver Suess
Tel. +49 511 5604-1502
oliver.suess@hannover-re.com

Silvia Schaefermeier
Tel. +49 511 5604-1053
silvia.schaefermeier@hannover-re.com

Investor Relations:
Karl Steinle
Tel. +49 511 5604-1500
karl.steinle@hannover-re.com

Axel Bock
Tel. +49 511 5604-1736
axel.bock@hannover-re.com

www.hannover-re.com


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06.05.2024 CET/CEST Dissemination of a Corporate News, 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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   Language:       English
   Company:        Hannover Rück SE
                   Karl-Wiechert-Allee 50
                   30625 Hannover
                   Germany
   Phone:          +49-(0)511-5604-1500
   Fax:            +49-(0)511-5604-1648
   Internet:       www.hannover-re.com
   ISIN:           DE0008402215
   WKN:            840 221
   Indices:        DAX
   Listed:         Regulated Market in Frankfurt (Prime Standard),
                   Hanover; Regulated Unofficial Market in Berlin,
                   Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
                   Exchange; Luxembourg Stock Exchange
   EQS News ID:    1895491

End of News EQS News Service
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1895491 06.05.2024 CET/CEST