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

Davor I. Gjivoje Jr has begun his third four-year term as a member of the supervisory board of Sava Re d.d., based on the resolution of the general meeting of shareholders dated 27 May 2024, following the expiry of his previous four-year term as a member and chairman of the Company’s supervisory board. His new term of office commenced on 9 March 2025.

The members of the supervisory board of Sava Re d.d. re-elected from among themselves Davor I. Gjivoje Jr as chairman of the supervisory board for the new term.

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.