Austrian insurer Vienna Insurance Group informed that during Annual General Meeting 2024, Vratislav Kulhanek, Hana Machacova, Martin Simhandl and Agnes Svoob were elected as new members of the Supervisory Board.

“Due to the members' terms of office expiring, elections to the Supervisory Board of VIG took place. Rudolf Ertl, Martina Dobringer, Andras Kozma, Robert Lasshofer, Peter Mihok, Katarina Slezakova and Gertrude Tumpel-Gugerell were re-elected. Vratislav Kulhánek, Hana Machacova, Martin Simhandl and Agnes Svoob were elected as new members of the Supervisory Board. Peter Thirring was already elected to the Supervisory Board at last year's Annual General Meeting. The Supervisory Board will therefore continue to consist of 12 members. The terms of office of all Supervisory Board members will run until the Annual General Meeting in 2028”.

At the same time, a dividend of EUR 1.40 per share proposed by the Vienna Insurance Group Managing Board and Supervisory Board was approved during the Annual General Meeting. The dividend yield is 5.3%. The dividend policy specifies the previous year's dividend as the minimum dividend and sets out a continuous increase in the dividend depending on the development of the operating result.

27 May 2024 is the ex-dividend day, 28 May 2024 the record date and 29 May 2024 the dividend payment day.

Hartwig Loger, Chairman of the Managing Board, presented the Group's successful expansion from first mover to clear number one in the CEE region, along with the key figures of the successful 2023 financial year. The positive result comes from all segments and divisions – a development for which the "VIG 25" strategic programme forms the basis. The outlook for the 2024 financial year is also very positive, with the Group aiming to achieve profit before taxes within a range of EUR 825 million and EUR 875 million.