Pursuant to the rules of the Ljubljana Stock Exchange d.d., Ljubljana, and the Market in Financial Instruments Act, Sava Re d.d., Dunajska 56, Ljubljana, makes the following announcement:

On 20 May 2020, Marko Jazbec, chair of Sava Re’s management board, acquired 1,500 POSR shares for a total amount of EUR 23,550.00, representing 0.0087% of all shares and 0.0097% of shares with voting rights. After the transaction, Marko Jazbec holds 6,500 shares, while his share of voting rights has increased from 0.0323% to 0.0419%.

On 20 May 2020, Polona Pirš Zupančič, member of Sava Re’s management board, acquired 1,270 POSR shares for a total amount of EUR 20,066.00, representing 0.0074% of all shares and 0.0082% of shares with voting rights. After the transaction, Polona Pirš Zupančič holds 3,748 shares, while her share of voting rights has increased from 0.0160% to 0.0242%.

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