Slides
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6M 2026 results presentation Peter Höfinger, Deputy CEO Liane Hirner, CFRO Vienna, 26 August 2026
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Highlights Financials Segments Appendix Agenda 2 Please note that rounding differences may occur Gross written premiums are not part of IFRS 17/9 reporting
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Highlights3 Key figures for the half-year 2026 VIG remains on a profitable growth trajectory Gross written premiums € 9,031.6mn GWP up by 5.4% 6M 2025: € 8,569.5mn Insurance service revenue € 6,849.9mn Revenue up by 7.1% 6M 2025: € 6,396.9mn P&C net combined ratio 91.4% Net COR improved by 0.5%p Cost ratio: 30.4%; claims ratio: 61.0% 6M 2025: 91.9% Solvency II ratio 272% Own funds: € 13,405mn | SCR: € 4,931mn Solvency II ratio excl. transitionals: 258% incl. NÜRNBERGER (simplified method) Profit before taxes € 641.5mn PBT up by 20.7% 6M 2025: € 531.4mn Operating Return on Equity 17.8% Operating ROE down by 0.9%p 31/12/2025: 18.7% 30/06/2025: 18.9% (annualised)
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CEE growth story remains intact Growth across Central, East and Southeast Europe (CESEE) remains robust, despite geopolitical tensions and higher energy prices Inflation is expected to stay above levels seen before the conflict in the Middle East, however there are no signs of a shock comparable to the one following Russia’s invasion of Ukraine Private consumption remains to be a major driver for growth in CEE, supported by strong real wage increases in recent years EU funds and investment in the defence industry provide additional support CEE continues to prove its resilience EU-CEE: Central and Eastern European member states of the EU | Western Balkans: AL, BA, ME, MK, RS, XK Source: wiiw Summer Forecast Update (July 2026) Highlights4 GDP growth forecasts in the region repeatedly outperform Western Europe GDP growth forecast (real change in % against previous year) 2026 2027 2028 0.7 2.2 2.5 1.0 2.4 3.0 1.5 2.7 3.3 Euro area EU-CEE Western Balkans
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Earnings growth through challenging times 2015 -2022 COVID-19 pandemic Inflation and interest rates increaseLow/negative interest rates 2004: ▪ ~13,000 employees ▪ <25 insurance companies ▪ 15 countries 2008-2009 Global Financial Crisis Annexation of Crimea 2014 2023 -2024 Storm Boris 2024 2020-2021 2022- Geopolitical tensions & market volatility € 155mn PBT € 1,161mn PBT Severe floods and hailstorms 20212013 Heavy floods in CEE 2006 European cold wave 5 20251: ▪ ~30,000 employees ▪ >50 insurance companies & pension funds ▪ 30 countries Interpolated development of profit before taxes 1 Excluding NÜRNBERGER 2010 Snow, floods and hail VIG has successfully navigated economic, geopolitical, inflationary, natural catastrophe and pandemic events € 441.2mn € 518.4mn € 521.6mn € 881.8mn Highlights
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Highlights6 1 Profit before taxes excl. Group Functions, before consolidation Strong core markets Austria and Czechia continue to grow and remain strongest earning contributors Enhanced resilience Poland, Extended CEE and Special Markets grow relatively stronger and continue to enhance diversification and resilience Broader earnings base The combined earnings share1 of Poland, Extended CEE and Special Markets increased from 18% in 2020 to 40% in 2025, reflecting increased diversification Earnings growth driven by all segments Continuously increasing earnings that tripled since 2020 250.9 167.3 24.2 65.8-0.4 2010 213.0 163.0 43.4 57.5 42.8 2015 178.7 192.1 22.631.225.8 2020 434.5 285.6 105.7 236.4 126.9 2025 +6% p.a. Austria Czechia Poland Extended CEE Special Markets Slovakia + Romania Remaining Profit before taxes by segments1 (€ mn)
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VIG is the market leader in its home region, Central and Eastern Europe (CEE), with a market share of around 19%1 VIG ranked as the 3rd fastest- growing group in the 2025 ranking, with growth of 8.7% year-over-year, outperforming the average growth rate of 5.1% recorded by the 20 groups analysed On the European level, VIG is growing steadily as well – based on insurance service revenue, VIG is the 13th biggest insurance group in Europe Highlights7 Top 15 European primary insurance groups VIG as the 3rd fastest growing group in Europe (excl. NÜRNBERGER acquisition) 2025 YoY revenue growth Source: Mapfre Economics 2025 Revenue Ranking of the Largest European Insurance Companies (June 2026) | 1 VIG internal calculation, local authorities, based on gross written premiums (May 2026) Allianz Axa Generali Zurich Talanx Aviva Mapfre Ergo Groupama Crédit Agricole Assurance Bupa Legal & General VIG R+V Nationale-Nederlanden 102.8 90.0 56.4 55.8 49.0 29.7 26.4 21.7 17.3 15.4 15.3 13.2 13.2 13.0 11.5 Aviva Crédit Agricole Assurance VIG Nationale-Nederlanden R+V Groupama Legal & General Bupa Allianz Axa Ergo Generali Mapfre Talanx Zurich 21.2% 9.9% 8.7% 7.6% 6.6% 6.2% 6.0% 5.9% 5.2% 4.5% 4.3% 4.2% 3.3% 1.8% 1.4% Insurance service revenue 2025 (€ bn)
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Highlights8 Current / next steps NÜRNBERGER’s integration processes started Special focus on developing and implementing an IT transformation strategy evolve28 financial targets to be updated after NÜRNBERGER completes the IFRS 17/9 transition and participates in the upcoming planning cycle VIG’s results including consolidated NÜRNBERGER will be provided with the Preliminary FY 2026 Results (first- time consolidation of NÜRNBERGER as of 1 July 2026) Update: NÜRNBERGER acquisition Only 7 months from signing to closing Update Following the granting of all regulatory approvals, VIG completed the acquisition of NÜRNBERGER on 18 May 2026, holding 99.2% of the share capital and voting rights at that date In July 2026, VIG CEO Hartwig Löger was elected Chairman of the Supervisory Board of NÜRNBERGER, and VIG COO Gerhard Lahner, Deputy Chairman of the Supervisory Board VIG initiated the squeeze-out process in June 2026
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Highlights Financials Segments Appendix Agenda 9 Please note that rounding differences may occur Gross written premiums are not part of IFRS 17/9 reporting
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Financials10 Gross written premiums are not part of IFRS 17/9 reporting Group Functions: € 1,880.1mn (6M 2025: € 1,789.9mn) +5.0%; Consolidation: € -1,480.1mn (6M 2025: € -1,426.9mn) +3.7% Gross written premiums up by 5.4% to € 9.0bn Gross written premiums by segments; 6M 2026 (€ mn) Czechia Poland Extended CEE Special Markets 1,587.3 424.6 Austria 803.8 2,629.42,709.1 3,751.2 4,742.0 1,673.6 2,807.6 1,294.4 1,935.8 2,559.8 714.0 1,399.0 915.8 1,391.8 1,832.4 991.8 2,470.1 3,644.5 4,873.2 1,322.6 493.8 817.2 1,186.4 +3.6% +8.1% +8.3% +6.4% -1.6% 6M 2025 9M 2025 12M 2025 3M 2026 6M 2026
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Financials11 1 2025 figures adjusted due to changes in the accounting policy used for the determination and accounting of deferred taxes Insurance service revenue up by € 453.0mn driven by growth especially in Czechia, Austria, Türkiye, Hungary, Poland, Romania, Slovakia and Baltics Total capital investment result up by € 77.9mn primarily attributable to higher interest rates in the bond market Business operating result with plus € 37.2mn supported by the positive business development, total capital investment result, and the COR improvement Result before taxes increase of € 110.1mn; comparison period impacted by goodwill impairment in Hungary (€ 72.8mn) Tax ratio of 24.3% Group income statement 6M 2026 (€ mn) 6M 2026 6M 2025 +/- % Insurance service result 719.4 696.1 3.3 Insurance service revenue - issued business 6,849.9 6,396.9 7.1 Insurance service revenue (PAA) 5,359.9 5,030.1 6.6 Expected claims 736.8 671.1 9.8 Expected directly attributable expenses 448.8 386.9 16.0 Experience adjustment -71.4 -65.8 8.5 Change of risk adjustment 20.8 39.6 -47.5 CSM release 355.0 335.0 6.0 Insurance service expenses - issued business -5,801.0 -5,474.9 6.0 Insurance service result - reinsurance held -329.5 -225.9 45.9 Total capital investment result 373.5 295.6 26.4 Finance result -42.4 -40.4 4.7 Other income and expenses -409.1 -347.0 17.9 Business operating result 641.4 604.2 6.2 Adjustments 0.0 -72.8 - Result before taxes 641.5 531.4 20.7 Taxes1 -156.0 -111.9 39.4 Non-controlling interests1 -12.0 -10.5 14.1 Result for the period after taxes and non-controlling interests1 473.4 409.0 15.8
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Financials12 Group Functions: € 904.1mn (6M 2025: € 853.1mn) +6.0%; Consolidation: € -580.0mn (6M 2025: € -553.9mn) +4.7% Austria: Insurance service revenue grew by € 65.2mn driven by non-life and health insurance Czechia: Strong revenue growth of € 95.3mn based on the positive performance of the motor, other property, and life insurance Poland: Revenue increase by € 32.9mn driven by sustained growth in other property, health and motor third-party liability insurance Extended CEE: Revenue up by € 173.4mn largely due to the strong performances in Hungary, Romania, Slovakia, Baltics, Bulgaria, and Ukraine; with particularly motor, other property and health recording solid growth Special Markets: Robust increase of € 61.1mn primarily attributable to the business development in Türkiye Insurance service revenue up by 7.1% to € 6.8bn Insurance service revenue by segments; 6M 2026 (€ mn) Czechia Poland Extended CEE Special Markets 1,831.5 1,896.7 1,098.2 1,193.6 726.6 759.6 1,880.3 2,053.7 561.2 622.3 Austria +3.6% +8.7% +4.5% +9.2% +10.9% 6M 2025 6M 2026
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Financials13 Solid growth across all lines of business MTPL Casco Other property Insurance service revenue Health Unit- & index- linked life Life with profit participation Life without profit participation 6M 2025 6M 2026 1,241.1 1,310.7 +5.6% 1,048.6 1,113.2 +6.2% 411.0 456.4 60.8 526.7 3,206.3 1,048.6 1,241.1 -553.9 6M 2025 486.0 461.0 67.3 573.2 3,418.6 1,113.2 1,310.7 -580.0 6M 2026 6,396.9 6,849.9 +7.1% Life without profit participation Life with profit participation Unit- & index-linked life Health Other property Casco MTPL Consolidation 3,206.3 3,418.6 +6.6% 6M 2025 6M 2026 526.7 573.2 +8.8% 60.8 67.3 +10.7% 456.4 461.0 +1.0% 411.0 486.0 +18.2% Insurance service revenue by lines of business, incl. Group Functions; 6M 2026 (€ mn)
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Financials14 Group Functions: € 4.8mn (6M 2025: € 12.7mn) -62.2% Austria: Result up by € 22.9mn mainly attributable to the the positive performance of the total capital investment result in life, driven by the favourable yield curve developments Czechia: Decline of € 6.8mn primarily due to the increased combined ratio Poland: Result decrease of € 8.0mn primarily attributable to a strengthening of the technical reserves, which is based on the strong operational performance Extended CEE: Strong growth of € 96.2mn largely coming from increased business volumes and an improved combined ratio; moreover 6M 2025 was impacted by the entire goodwill impairment in Hungary (€ 72.8mn) Special Markets: Increase of € 13.6mn mainly due to the continued positive performance of the total capital investment result in Türkiye Result before taxes of € 641.5mn up by 20.7% Result before taxes by segments; 6M 2026 (€ mn) Czechia Poland Extended CEE Special Markets 204.6 227.5 115.1 108.2 62.6 54.6 98.2 194.4 38.3 51.9 Austria +11.2% -5.9% -12.8% +98.0% +35.4% 6M 2025 6M 2026
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Financials15 Net insurance service expenses of € 4,404.4mn (6M25: € 4,170.8mn) / Net insurance service revenue of € 4,821.2mn (6M25: € 4,536.7mn) Improvement of the combined ratio supported by a lower overall claims burden In Poland, the COR development is impacted by the strengthening of the technical reserves In Czechia, the COR increase is mainly due to the rise of overall motor claims frequency, which triggered a lower reinsurancecommission P&C net combined ratio improved to 91.4% Discounting impact on claims ratio in 6M 2026 of 3.6% Group Total Austria Czechia Poland Extended CEE Special Markets 30.1 61.8 6M 2025 30.4 61.0 6M 2026 91.9 91.4 -0.5 pp 29.4 60.9 6M 2025 29.3 61.2 6M 2026 90.4 90.6 +0.2 pp 36.0 54.3 6M 2025 38.9 52.5 6M 2026 90.3 91.4 +1.2 pp 31.6 59.0 6M 2025 31.3 61.7 6M 2026 90.6 93.1 +2.5 pp 36.8 56.4 6M 2025 37.8 54.7 6M 2026 93.1 92.4 -0.7 pp 37.2 60.5 6M 2025 34.6 62.2 6M 2026 97.8 96.8 -0.9 pp Cost ratio Claims ratio
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L/H CSM increase of 1.3% in the period is primarily attributable to higher interest rates and the new business contribution Profitability of the L/H new business remained stable at a strong level of 9.0% (6M 2025: 8.9%) L/H contractual service margin & new business Financials16 6M 2026 Life/Health CSM roll-forward (€ mn) CSM New Business € 252mn PV NB premiums € 2,797mn CSM New Business margin 9.0% 252 86 41 CSM net 01/01/2026 New Business 4 CSM interest accretion (GMM) Changes in Variable Fee 1 Other changes in estimates (GMM) FX effect -299 CSM release CSM net 30/06/2026 6,223 6,307 +1.3%
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Financials17 1 Represents valuation results (non-cash components) Total capital investment result up by € 77.9mn mainly driven by higher interest rates in the bond market Decline of impairment losses by € 34.0mn is primarily attributable to lower expected credit loss allowances Significant increase of remaining result from financial instruments by € 692.1mn mainly due to higher unrealised gains and lower unrealised losses (mostly in investment funds), as well as higher gains from FX differences Total capital investment result 6M 2026 (€ mn) 6M 2026 6M 2025 +/-% Total capital investment result 373.5 295.6 26.4 Investment result 1,696.6 991.0 71.2 Interest revenue using the effective interest method 580.9 533.5 8.9 Impairment losses incl. reversal gains on financial instruments1 5.8 39.8 -85.5 Remaining result from financial instruments 1,109.9 417.8 >100 thereof: Other ordinary income and managed portfolio fee 97.8 77.9 25.5 FX differences1 50.3 4.6 >100 Realised gains and losses 80.2 8.5 >100 Non-realised gains and losses1 875.2 331.3 >100 Income and expenses from investment property 40.6 38.7 5.1 Insurance finance result1 -1,379.5 -743.3 85.6 Result from at-equity consolidated companies 15.8 9.2 71.8
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Investments held at VIG’s own risk (excl. investments for unit- and index-linked life insurance) 1 Based on second-best rating Financials18 Investment split Conservative and stable investment strategy Investment split Bond portfolio by rating1 Bond portfolio by issuer 72.2% 9.5% 1.8% 7.3% 3.4% 5.0% 0.8% Bonds Property Loans Cash and Deposits Equities Affiliated Companies Alternative Investments € 39.1bn 30/06/2026 6.5%19.0%37.5%23.1%13.9%31/12/2025 6.2%19.1%38.6%22.6%13.5%30/06/2026 AAA AA A BBB Other 16.8%18.0%7.8%57.4%31/12/2025 16.8%17.7%7.0%58.5%30/06/2026 Government Covered bonds Financials Corporates
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Financials19 Solvency II ratio VIG Group’s Solvency position including and excluding transitional measures Solvency II ratio including transitional measures Solvency II ratio excluding transitional measures 13,404.5 4,931.0 30/06/2026 Solvency II own funds (€ mn) SCR (€ mn) 12,757.0 4,938.5 30/06/2026 272% 258% Solvency calculation as of 30/06/2026 includes NÜRNBERGER (simplified method)
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The outlook contains forward-looking statements that concern future developments in Vienna Insurance Group (VIG). These statements are based on current assumptions and forecasts made by the management. Changes in general economic developments, future market conditions, capital markets and other circumstances could result in actual events or results differing significantly from these forward- looking statements. Executive summary & outlook20 Executive summary & outlook VIG well on track at half-year 2026 Guidance for 2026 affirmed Good gross written premiums development, with Poland (+8.3%), Czechia (+8.1%) and Extended CEE (+6.4%) outperforming VIG’s overall premium growth of 5.4% Slight decrease in Special Markets (-1.6%) driven by Türkiye and restrictive underwriting in motor (MTPL) for profitability considerations Strong insurance service revenue (+7.1%) and profit before taxes (+20.7%) growth in the first six months of 2026 Insurance service revenue growth across all segments and lines of business; Special Markets with a double-digit growth rate Profit before taxes increase mainly driven by COR improvement and strong total capital investment result Improved COR by 0.5%p despite weather-related claims of ~€ 81mn (net) being slightly higher compared to ~€ 73mn (net) in 6M 2025 VIG share price with a new all-time high of € 73.30 on 6 August 2026 Based on the operationally strong performance in the first half-year of 2026, VIG management confirms the guidance and targets profit before taxes within a range of € 1.25 to 1.30 billion for the financial year 2026 (excl. Nürnberger)
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Highlights Financials Segments Appendix Agenda 21 Please note that rounding differences may occur Gross written premiums are not part of IFRS 17/9 reporting
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GWP of € 2,807.6mn (+3.6%) Insurance service revenue grew by € 65.2mn driven by non-life and health insurance Result before taxes up by € 22.9mn mainly attributable to the positive performance of the total capital investment result in life, driven by the favourable yield curve developments COR of 90.6% Austria Segments22 € mn 6M 2026 6M 2025 +/- % Insurance service result 236.4 231.0 2.3 Insurance service revenue - issued business 1,896.7 1,831.5 3.6 Insurance service expenses - issued business -1,616.1 -1,494.8 8.1 Insurance service result - reinsurance held -44.2 -105.7 -58.2 Total capital investment result 90.5 72.1 25.5 Investment result 906.0 566.1 60.1 Income and expenses from investment property 29.1 26.7 8.7 Insurance finance result -857.8 -529.0 62.2 Result from associated consolidated companies 13.2 8.3 59.7 Finance result -13.3 -13.7 -3.4 Other income and expenses -86.0 -84.7 1.6 Business operating result 227.5 204.6 11.2 Adjustments 0.0 0.0 - Result before taxes 227.5 204.6 11.2 Taxes -45.8 -22.7 >100 Result for the period 181.8 182.0 -0.1 13.1 198.4 6.1 283.2 911.0 217.2 202.5 6M 2025 16.9 193.3 8.1 310.6 943.4 222.3 202.0 6M 2026 1,831.5 1,896.7 +3.6% Life without profit participation Life with profit participation Unit- & index-linked life Health Other property Casco MTPL Insurance service revenue
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GWP of € 1,399.0mn (+8.1%) Strong insurance service revenue growth of € 95.3mn based on the positive performance of the motor, other property, and life insurance Result before taxes decline of € 6.8mn primarily due to the increased combined ratio COR of 91.4% Czechia Segments23 € mn 6M 2026 6M 2025 +/- % Insurance service result 137.9 159.9 -13.8 Insurance service revenue - issued business 1,193.6 1,098.2 8.7 Insurance service expenses - issued business -971.0 -913.6 6.3 Insurance service result - reinsurance held -84.7 -24.7 >100 Total capital investment result 36.8 17.8 >100 Investment result 106.1 52.8 >100 Income and expenses from investment property 0.2 0.8 -75.5 Insurance finance result -69.5 -35.8 93.9 Result from associated consolidated companies 0.0 0.0 - Finance result -1.3 -1.4 -3.4 Other income and expenses -65.2 -61.3 6.3 Business operating result 108.2 115.1 -6.0 Adjustments 0.0 0.0 - Result before taxes 108.2 115.1 -6.0 Taxes -21.5 -21.4 0.8 Result for the period 86.7 93.6 -7.4 Insurance service revenue 168.8 163.1 0.16.5 341.0 200.0 218.7 6M 2025 191.7 168.9 0.16.6 369.8 217.7 238.7 6M 2026 1,098.2 1,193.6 +8.7% Life without profit participation Life with profit participation Unit- & index-linked life Health Other property Casco MTPL
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GWP of € 991.8mn (+8.3%) Insurance service revenue increase by € 32.9mn driven by sustained growth in other property, health and motor third- party liability insurance Result before taxes decrease of € 8.0mn primarily attributable to a strengthening of the technical reserves, which is based on the strong operational performance COR of 93.1% Poland Segments24 € mn 6M 2026 6M 2025 +/- % Insurance service result 62.3 79.0 -21.1 Insurance service revenue - issued business 759.6 726.6 4.5 Insurance service expenses - issued business -642.5 -616.4 4.2 Insurance service result - reinsurance held -54.8 -31.2 75.4 Total capital investment result 20.8 10.2 >100 Investment result 113.2 94.8 19.4 Income and expenses from investment property 0.2 0.2 -20.7 Insurance finance result -94.5 -84.8 11.4 Result from associated consolidated companies 1.9 0.0 - Finance result -1.9 -1.2 62.2 Other income and expenses -26.5 -25.4 4.4 Business operating result 54.6 62.6 -12.8 Adjustments 0.0 0.0 - Result before taxes 54.6 62.6 -12.8 Taxes -12.8 -13.8 -7.3 Result for the period 41.9 48.8 -14.1 Insurance service revenue 55.6 7.411.9 37.0 332.3 115.8 166.6 6M 2025 54.9 8.710.7 40.4 361.4 113.7 169.7 6M 2026 726.6 759.6 +4.5% Life without profit participation Life with profit participation Unit- & index-linked life Health Other property Casco MTPL
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GWP of € 2,629.4mn (+6.4%) Insurance service revenue up by € 173.4mn largely due to the strong performances in Hungary, Romania, Slovakia, Baltics, Bulgaria, and Ukraine; particularly with motor, other property and health recording solid growth Strong PBT growth of € 96.2mn largely coming from increased business volumes and an improved combined ratio; moreover 6M 2025 was impacted by the entire goodwill impairment in Hungary (€ 72.8mn) COR of 92.4% Extended CEE incl. Albania (incl. Kosovo), Baltic states, Bosnia & Herzegovina, Bulgaria, Croatia, Moldova, North Macedonia, Romania, Serbia, Slovakia, Ukraine, and Hungary Extended CEE Segments25 € mn 6M 2026 6M 2025 +/- % Insurance service result 171.3 149.0 15.0 Insurance service revenue - issued business 2,053.7 1,880.3 9.2 Insurance service expenses - issued business -1,785.2 -1,603.8 11.3 Insurance service result - reinsurance held -97.2 -127.5 -23.8 Total capital investment result 84.7 80.0 5.9 Investment result 291.1 133.3 >100 Income and expenses from investment property 2.3 2.5 -8.6 Insurance finance result -208.9 -56.3 >100 Result from associated consolidated companies 0.2 0.5 -56.3 Finance result -4.5 -4.2 7.5 Other income and expenses -57.1 -53.8 6.1 Business operating result 194.4 171.0 13.7 Adjustments 0.0 -72.8 - Result before taxes 194.4 98.2 98.0 Taxes -39.6 -31.6 25.3 Result for the period 154.8 66.6 >100 Insurance service revenue 113.0 65.3 38.8 166.8 537.0 449.8 509.7 6M 2025 133.7 69.6 44.6 182.4 590.5 477.3 555.5 6M 2026 1,880.3 2,053.7 +9.2% Life without profit participation Life with profit participation Unit- & index-linked life Health Other property Casco MTPL
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GWP of € 803.8mn (-1.6%) Robust increase of the insurance service revenue of € 61.1mn primarily attributable to the business development in Türkiye Result before taxes increase of € 13.6mn mainly due to the continued positive performance of the total capital investment result in Türkiye COR of 96.8% Special Markets incl. Germany, Georgia, Liechtenstein, and Türkiye Special Markets Segments26 € mn 6M 2026 6M 2025 +/- % Insurance service result 0.9 15.8 -94.3 Insurance service revenue - issued business 622.3 561.2 10.9 Insurance service expenses - issued business -523.5 -486.5 7.6 Insurance service result - reinsurance held -97.9 -58.9 66.2 Total capital investment result 107.9 75.0 43.9 Investment result 224.0 110.7 >100 Income and expenses from investment property 0.1 0.1 0.4 Insurance finance result -116.2 -35.8 >100 Result from associated consolidated companies 0.0 0.0 - Finance result -2.0 -1.2 75.7 Other income and expenses -54.9 -51.3 7.0 Business operating result 51.9 38.3 35.5 Adjustments 0.0 0.0 - Result before taxes 51.9 38.3 35.5 Taxes -31.6 -17.7 79.1 Result for the period 20.3 20.6 -1.5 Insurance service revenue 42.1 22.2 3.9 33.2 250.6 65.7 143.6 6M 2025 55.5 20.5 3.8 33.1 282.5 82.1 144.8 6M 2026 561.2 622.3 +10.9% Life without profit participation Life with profit participation Unit- & index-linked life Health Other property Casco MTPL
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GWP of € 1,880.1mn (+5.0%) Insurance service revenue growth by € 51.1mn mainly driven by increases in both intra-group and external reinsurance business Result before taxes deterioration by € 7.8mn impacted by a positive one-time effect in the comparison period Group Functions incl. VIG Holding (incl. the branches in Northern Europe), VIG Re (incl. the branches in Germany and France), Wiener Re, VIG Fund, corporate IT service provider, one asset management company, and intermediate holding companies Group Functions Segments27 € mn 6M 2026 6M 2025 +/- % Insurance service result 110.7 61.4 80.3 Insurance service revenue - issued business 904.1 853.1 6.0 Insurance service expenses - issued business -758.2 -743.9 1.9 Insurance service result - reinsurance held -35.2 -47.8 -26.4 Total capital investment result 46.9 59.7 -21.4 Investment result 70.2 52.5 33.8 Income and expenses from investment property 8.8 8.3 6.1 Insurance finance result -32.6 -1.5 >100 Result from associated consolidated companies 0.5 0.4 6.8 Finance result -34.9 -33.0 5.8 Other income and expenses -118.0 -75.4 56.4 Business operating result 4.8 12.7 -62.2 Adjustments 0.0 0.0 - Result before taxes 4.8 12.7 -62.2 Taxes -4.6 -4.8 -3.7 Result for the period 0.1 7.9 -98.7 Insurance service revenue 18.4 0.1 834.6 0.00.0 6M 2025 33.10.1 870.9 0.10.0 6M 2026 853.1 904.1 +6.0% Life without profit participation Health Other property Casco MTPL
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Highlights Financials Segments Appendix Agenda 28 Please note that rounding differences may occur Gross written premiums are not part of IFRS 17/9 reporting
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Gross written premiums Gross written premiums are not part of IFRS 17/9 reporting Segment splits: excl. Group Functions, before consolidation Insurance service revenue Profit before taxes Appendix29 Portfolio diversification 33% 16% 11% 30% 9% Austria Czechia Poland Extended CEE Special Markets GWP 6M 2026 29% 18% 12% 31% 10% Austria Czechia Poland Extended CEE Special Markets ISR 6M 2026 36% 17%9% 31% 8% Austria CzechiaPoland Extended CEE Special Markets PBT 6M 2026
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Appendix30 Segment overview Gross written premiums in € mn Insurance service revenue in € mn Result before taxes in € mn P&C net combined ratio in % 6M 2026 6M 2025 +/- % 6M 2026 6M 2025 +/- % 6M 2026 6M 2025 +/- % 6M 2026 6M 2025 +/- pp Austria 2,807.6 2,709.1 3.6 1,896.7 1,831.5 3.6 227.5 204.6 11.2 90.6 90.4 0.2 Czechia 1,399.0 1,294.4 8.1 1,193.6 1,098.2 8.7 108.2 115.1 -5.9 91.4 90.3 1.1 Poland 991.8 915.8 8.3 759.6 726.6 4.5 54.6 62.6 -12.8 93.1 90.6 2.5 Extended CEE 2,629.4 2,470.1 6.4 2,053.7 1,880.3 9.2 194.4 98.2 98.0 92.4 93.1 -0.7 Albania 27.0 25.5 5.8 27.5 24.3 13.2 3.2 2.6 22.7 83.6 88.4 -4.8 The Baltic 444.9 432.2 2.9 376.8 350.7 7.4 18.8 20.8 -9.6 94.5 94.3 0.2 Bosnia-Herz. 25.5 24.3 4.9 18.1 15.6 16.2 1.3 1.4 -4.2 86.9 89.1 -2.2 Bulgaria 212.9 190.1 12.0 163.5 146.9 11.3 28.6 24.9 14.8 88.0 89.5 -1.5 Kosovo 7.7 7.9 -3.1 7.1 7.4 -4.1 1.0 0.8 33.2 82.6 88.2 -5.6 Croatia 101.0 92.4 9.3 65.2 57.9 12.6 3.8 3.6 7.0 90.2 92.5 -2.3 Moldova 9.6 10.3 -6.5 9.7 9.9 -2.2 1.1 0.7 49.0 90.7 94.1 -3.4 North Macedonia 20.1 19.5 3.0 17.0 17.6 -3.7 1.7 0.6 >100 88.5 97.1 -8.6 Romania 582.4 573.6 1.5 495.1 466.6 6.1 54.5 40.9 33.2 89.4 91.2 -1.9 Serbia 91.5 83.4 9.7 68.6 63.1 8.7 9.3 9.1 2.8 83.5 82.6 0.9 Slovakia 502.9 469.8 7.0 357.3 329.0 8.6 45.1 42.9 5.1 96.1 96.6 -0.4 Ukraine 76.8 82.8 -7.3 79.1 66.7 18.5 5.9 5.9 0.9 98.7 95.5 3.3 Hungary 527.3 458.1 15.1 368.7 324.5 13.6 20.0 -56.0 >100 95.0 94.8 0.2 Special Markets 803.8 817.2 -1.6 622.3 561.2 10.9 51.9 38.3 35.4 96.8 97.8 -1.0 Germany 137.8 134.1 2.8 95.9 92.8 3.3 14.5 19.6 -26.3 77.1 85.9 -8.9 Georgia 56.0 62.9 -11.1 50.9 51.4 -1.0 2.9 2.3 27.1 93.6 94.3 -0.7 Liechtenstein 11.3 5.6 >100 2.8 3.2 -11.4 0.4 0.9 -51.7 X X X Türkiye 598.8 614.6 -2.6 472.7 413.8 14.2 34.1 15.5 >100 101.4 100.6 0.8
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Appendix31 Group balance sheet € mn 30/06/2026 31/12/2025 +/- % Cash and cash equivalents 1,529.4 1,368.4 11.8 Financial assets 44,190.9 42,490.2 4.0 Receivables 729.7 616.1 18.4 Assets and disposal groups classified as held for sale 0.0 28.7 - Current tax assets 277.6 258.1 7.6 Investments in associates and joint ventures 252.8 246.5 2.6 Insurance contracts assets issued 453.4 376.3 20.5 Reinsurance contracts assets held 2,596.4 2,444.9 6.2 Investment property incl. building right 3,119.0 3,046.6 2.4 Property and equipment 645.5 641.6 0.6 Other assets 172.1 171.5 0.4 Goodwill 1,186.2 1,189.3 -0.3 Intangible assets 718.5 708.4 1.4 Deferred tax asset 594.3 494.1 20.3 Right-of-use assets 238.2 235.1 1.3 Total assets 56,704.1 54,315.6 4.4 Liabilities and other payables 1,355.9 1,281.6 5.8 Liabilities included in disposal groups classified as held for sale 0.0 1.3 - Current tax liabilities 329.4 324.8 1.4 Financial liabilities 2,583.7 2,481.3 4.1 Other liabilities 98.5 94.7 4.0 Insurance contracts liabilities issued 43,251.6 41,496.9 4.2 Reinsurance contracts liabilities held 59.1 44.2 33.6 Provisions 920.7 832.0 10.7 Deferred tax liabilities 500.4 427.5 17.0 Consolidated shareholders‘ equity 7,604.8 7,331.4 3.7 Non-controlling interests 166.4 160.5 3.7 Total liabilities 56,704.1 54,315.6 4.4
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Appendix32 Equity development Change in consolidated Shareholders’ Equity (€ mn) 485 Equity as of 30/06/2026 Other 30 Dividend payment -239 Unrealised gains and losses 7,331 7,605 3 Currency reserves -23 Hyperinflation effects 17 Result for the period Equity as of 01/01/2026 +3.7%
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1 IFRS Income Statement excl. FX-income/expenses and impairment of goodwill and intangible assets ² Mainly FX changes ³ Dividends and changes in subordinated liabilities 4 Other: (1) Change SII-valuation differences to IFRS-reserves; (2) Change SII-valuation differences to IFRS-reserves; (3) Change SII-valuations of other IFRS items (assets/liabilities, transferability own funds, adjustments for SII scope) Appendix33 VIG Group own funds development 30/06/2026(€ mn) 673 964 Own funds as of 01/01/2026 Operating earnings1 -42 Market impact2 -186 Capital management actions3 Taxes / Other4 Own funds as of 30/06/2026 11,995 13,404 +11.7%
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1 Adjusted | Earnings per share 6M 2025 reported: € 5.92 Appendix34 Additional figures € mn 30/06/2026 31/12/2025 31/12/20241 Shareholders’s equity 7,604.8 7,331.4 6,558.9 Unrealised gains and losses recognised in equity1 -259.2 -255.9 -195.7 Adjusted shareholders’ equity 7,345.6 7,075.5 6,363.2 Average adjusted shareholders’ equity 7,210.5 6,719.3 Business operating result 641.4 1,257.7 Operating RoE in % (annualised) 17.8 18.7 Operating Return on Equity € ‘000 6M 2026 6M 20251 Result for the period less non-controlling interests 473 429 408 971 Interest expenses for the hybrid capital 7 643 7 643 Number of shares at closing date (units) 128 000 000 128 000 000 Earnings per share(annualised) (in €) 7.28 6.27 Earnings per share
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Experienced Managing Board © Marlene Fröhlich_luxundlumen.com | © Ian Ehm | © Ludwig Schedl | VIG Appendix35 Judit Havasi Retail, Member of the Managing Board Country responsibility: Slovakia Gábor Lehel CIO, Member of the Managing Board Country responsibility: Georgia, Hungary Christoph Rath Member of the Managing Board Country responsibility: Albania, Bosnia & Herzegovina, Croatia, Kosovo, Montenegro, North Macedonia, Serbia Sonja Raus Member of the Managing Board Country responsibility: Estonia, Latvia, Lithuania, Slovenia Extensive experience in insurance industry & specific country responsibilities Hartwig Löger CEO, Chairman of the Managing Board Country responsibility: Austria, Czechia, Germany Peter Höfinger 1st Deputy CEO, 1st Deputy Chairman of the Managing Board Country responsibility: Bulgaria, Poland, Moldova, Romania Gerhard Lahner 2nd Deputy CEO, COO, 2nd Deputy Chairman of the Managing Board Country responsibility: Türkiye Liane Hirner CFRO, Member of the Managing Board Country responsibility: Liechtenstein, Ukraine
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Key investment proposition More info: group.vig/en/investor-relations/investing-in-vig How investors benefit from VIG’s unique market position and business approach Appendix36 Responsible focus on the future Sustainable value creation across generations in combination with measurable ESG targets ESG criteria as an integral part of investment and insurance decisions Broadening and strengthening the customer base by addressing the catch-up demand for insurance cover Market leader in CEE with growth prospects Attractive risk/reward profile in a growth region Investments to leverage the structural catch-up potential in CEE Resilience through broad diversification across lines of business, markets and distribution channels Financial strength Reliability, financial stability and predictability in a volatile environment Financial strength for further organic and inorganic growth High dividend reliability with a solid capital base Decentralised business model Agile, future-oriented operations in a dynamic environment In-depth market understanding, many years of experience and strong customer proximity supported by multi-brand strategy Extensive cooperation and collaboration within the Group and efficient use of modern technologies
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Indexed 1/01/2026 (Basis = 100) Appendix37 VIG share (I) Number of common shares: 128,000,000 | ISIN: AT0000908504 General information Analyst recommendations (as of Aug 2026) VIG compared to ATX and Stoxx Europe 600 Ins. Share price development 6M 2026 BUY 3 NEUTRAL 2 Listings Ticker Major indices Vienna Stock Exchanges: VIG ATX Prague Bloomberg: VIG AV / VIG CP / VIG XH ATX Prime Budapest Reuters: VIGR.VI / VIGR.PR / VIGR.H PX High EUR 68.50 Low EUR 59.00 Price as of Jun 2026 EUR 64.40 Market capitalisation EUR 8.24bn Ø no. of shares traded by day Unit ~54,000 Share performance (excl. dividends) % -4.2% 80 90 100 110 120 130 VIG ATX Stoxx 600 Ins. SXIP
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1 Split of identified shares (Source: S&P Global, May 2026) Appendix38 VIG share (II) Continental Europe Austria North America UK & Ireland Other 31% 27% 25% 15% 2% ~72% Wiener Städtische Versicherungsverein (Mutual) ~28% Free float Shareholder structure Free float split by region1
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Appendix39
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Financial calendar 20261 Appendix40 Contact details Investor Relations Date Event 12 Mar 2026 Preliminary results for the financial year 2025 28 Apr 2026 Results and Group Annual Report 2025 12 May 2026 Record date Annual General Meeting 22 May 2026 Annual General Meeting 26 May 2026 Ex-dividend day 27 May 2026 Record date dividend 28 May 2026 Dividend payment day 28 May 2026 Key figures and update first quarter 2026 26 Aug 2026 Results for the first half-year 2026 26 Nov 2026 Key figures and update first three quarters 2026 Nina Higatzberger-Schwarz Phone: +43 50 390-21920 nina.higatzberger@vig.com Katarzyna Bizon Phone: +43 50 390-20071 katarzyna.bizon@vig.com Petra Haubner Phone: +43 50 390-20295 petra.haubner@vig.com Sylvia Hollerer Phone: +43 50 390-21919 sylvia.hollerer@vig.com Lena Paula Grießer Phone: +43 50 390-22126 lena.paula.griesser@vig.com Sylvia Machherndl Phone: +43 50 390-21151 sylvia.machherndl@vig.com follow us on LinkedIn investor.relations@vig.com www.group.vig 1 Preliminary planning
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Appendix41 Disclaimer Important notice These materials are for information purposes only. These materials do not constitute or form part, or all, of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in any jurisdiction in which such solicitation, offer or sale would be unlawful, nor shall part, or all, of these materials form the basis of, or be relied on in connection with, any contract or investment decision in relation to any securities. These materials contain forward-looking statements based on current information and the currently held beliefs and assumptions of the management of VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe (“VIG”), which are expressed in good faith and, in their opinion, reasonable. These statements may be identified by words such as “expectation” or “target” and similar expressions, or by their context. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of VIG, or results of the insurance industry generally, to differ materially from the results, financial condition, performance or achievements express or implied by such forward-looking statements. Given these risks, uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on these forward-looking statements. VIG disclaims any obligation to update these forward-looking statements to reflect future events or developments. VIG assumes no liability for the reliability or completeness of the information in these materials. Liability claims against VIG for damages arising from the use of the information presented in these materials are excluded to the extent permitted by applicable law. Please note that calculation differences may arise when rounded amounts and percentages are summed automatically.