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

In accordance with the requirements of the Slovenian and EU insurance legislation, Sava Re d.d. hereby releases the Solvency and Financial Condition Report of the Sava Insurance Group for 2025 (Group SFCR), as adopted by Sava Re’s management board with the consent of the Company’s supervisory board. The Group SFCR is accompanied by an independent auditor’s assurance report issued by the audit firm Deloitte Revizija d.o.o., in accordance with the Decision on the Additional Audit Review of Insurance Companies and Additional Auditor’s Report (Official Gazette of the Republic of Slovenia, No 56/2016, and its amendments, Nos 161/2021, 116/2023 and 101/2024) issued by the Insurance Supervision Agency in accordance with the Slovenian Insurance Act.

The Group SFCR provides detailed information on the Group’s governance system, key functions, risk management system, and own risk and solvency assessment. It also provides a detailed overview of the Group’s risk profile. The report contains information on the valuation of assets and liabilities measured at fair value under Solvency II to demonstrate the Group’s solvency. In addition, it provides an outline of the capital management system, as well as information on the level of eligible own funds, the solvency capital requirement (SCR) and the solvency ratio.

The Sava Insurance Group uses the standard formula for calculating its capital adequacy under Solvency II. The Group’s position as at 31 December 2025 shows that it is well capitalised, with a high solvency ratio of 218% (31 December 2024: 208%). The increase in the solvency ratio of 10 percentage points is mainly due to growth in the Group’s eligible own funds to cover its solvency capital requirement, a development primarily driven by strong business performance.

The Sava Insurance Group’s solvency ratio meets the regulatory requirements and the internal solvency criteria set out in the Group’s risk strategy for 2023–2027.

The Group SFCR is attached hereto.

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