In accordance with the rules of the Ljubljana Stock Exchange and applicable legislation, Sava Re d.d., Dunajska 56, Ljubljana, makes the following announcement:

At yesterday’s session, the Sava Re supervisory board reappointed Peter Skvarča, whose five-year term of office expires on 19 June 2025, as a member of the management board for a further term. The new five-year term starts on 20 June 2025.

This announcement will also be available on the Company’s website, at www.sava-re.si, for at least five years from the date of this announcement.