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Annual General Meeting of Swiss National Insurance Company Ltd

May 19, 2014

Nationale Suisse / Annual General Meeting of Swiss National Insurance Company Ltd . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement. At today's Annual General Meeting of Swiss National Insurance Company Ltd, the shareholders passed all motions proposed by the Board of Directors. They agreed to the payment of a dividend of CHF 2.50 per share, approved the compensation report in a consultative vote and endorsed a continuation of authorised share capital. The Chairman of the Board of Directors Andreas von Planta and the other former members of the Board who were standing for re-election were individually confirmed in office. In addition, Gabriela Maria Payer was elected to the Board of Directors. The Nationale Suisse Group presented shareholders with a cautiously optimistic outlook for 2014. The Annual General Meeting of Swiss National Insurance Company Ltd in Basel was attended by 239 shareholders, representing 4 841 006 registered shares. Including shares represented by proxy, a total of 7 314 849 votes were represented, which corresponds to 65.00% of voting shares and 33.17% of total share capital. Higher dividend and 2013 reports approved The shareholders agreed to the distribution of a cash dividend of CHF 2.50 per share with a dividend yield of 3.9% (previous year: dividend of CHF 1.70 per share). They also approved the Nationale Suisse Group's annual report, the annual financial statements and the consolidated financial statements for 2013. As in previous years, the Annual General Meeting approved the 2013 compensation report in a consultative vote, with 95.8% (previous year: 95.6%) voting in favour. All the requirements of the new Swiss Ordinance against excessive pay in stock exchange listed companies (VegÜV) will have been implemented by the end of 2015, on time and in accordance with the law. Continuation of authorised share capital agreed Furthermore, the Board of Directors proposed to the Annual General Meeting a continuation of the authorised share capital at its previous level of CHF 2.8 million and under the previous conditions. The shareholders gave their consent to this. Board of Directors and Nomination & Compensation Committee: re-elections and one new face The shareholders elected Gabriela Maria Payer, Head of Education and a member of the Management Board of the Swiss Finance Institute as well as Managing Director of the consultancy firm PAYERPARTNER, to join the Board of Directors. Bruno Meyenhofer was not available for re-election. The Chairman of the Board Andreas von Planta and the other former members of the Board of Directors were re- elected individually for a term of office lasting until the close of the 2015 Annual General Meeting. In addition, the former members of the Nomination & Compensation Committee were endorsed for the same term of office in individual elections and Gabriela Maria Payer was also elected. Cautiously positive outlook Hans KÜnzle, CEO of Nationale Suisse, presented the shareholders with a cautiously positive outlook for the current financial year: "The renewals concluded at the start of the year were in line with our expectations. Now we intend to take advantage of our greater presence in the emerging markets and our excellent capital base to drive forward profitable growth. However, Nationale Suisse continues to operate in a difficult market environment in 2014." Brief portrait Gabriela Maria Payer Dr phil. (University of Zurich) Born 1962, Swiss citizen Gabriela Maria Payer held numerous management roles at UBS AG from 1993 to 2012. After holding the function of Head of Marketing Retail Banking she headed up the reorganisation of the Region Switzerland and its distribution channels, set up e-banking for the bank and in 2004 took on worldwide responsibility for education and personnel development. In 2005 she became Head of Human Resources for Global Wealth Management & Business Banking and in 2009 founded the UBS Business University, for which she had responsibility throughout the whole Bank. Since 2012 she has been Head of Education and a member of the Management Board of the Swiss Finance Institute and manages the consultancy firm PAYERPARTNER for strategic business development. She is also a member of the Advisory Boards of CEO Positions AG and MakingScienceNews AG. Further information Brief portraits of all members of the Board of Directors are available at: www.nationalesuisse.com/board-of-directors Pictures can be downloaded at: www.nationalesuisse.com/press-photos Brief profile Nationale Suisse is an innovative, international and independent Swiss insurance group providing first-rate risk and pension solutions in non-life and life business as well as a growing number of tailored specialty lines products. Consolidated gross premiums came to CHF 1.5 billion in 2013. The Group comprises the parent company and about 20 subsidiaries and branch offices for focused product lines in Switzerland, Italy, Spain, Germany, Belgium, Liechtenstein, Turkey, Asia and Latin America. The headquarters of Swiss National Insurance Company Ltd are in Basel. Nationale Suisse is listed on the SIX Swiss Exchange (NATN). On 31 December 2013, the Group employed 1 918 staff (full-time equivalents). Information Remo MeierNationale Suisse Investor Relations Steinengraben 41 Phone +41 61 275 22 45 4003 Basel Fax +41 61 275 22 21 Switzerland investor.relations@nationalesuisse.comwww.nationalesuisse.com/investor- relations Christina Wahlstrand-HartmannNationale Suisse Media Relations Steinengraben 41 Phone +41 61 275 28 11 4003 Basel Fax +41 61 275 22 21 Switzerland media.relations@nationalesuisse.com   www.nationalesuisse.com/media- relations Key dates Publication of the Interim Report 03.09.2014 Media conference to announce interim 03.09.2014 financial results at Widder Hotel, Zurich Financial analysts' conference at Widder 03.09.2014 Hotel, Zurich Disclaimer and exclusion of liability The purpose of this press release is to inform the public about certain events or developments arising from the company's business. The information published in this article is not an advertisement, offer or recommendation to engage in transactions involving securities or other products of Nationale Suisse or any other type of transaction. This press release may contain certain forward- looking statements. Even if these forward-looking statements reflect the opinion and expectations of Nationale Suisse, a number of risks, uncertainties and other important factors may lead to actual developments and results differing strongly from the expectations of Nationale Suisse. It is pointed out expressly that the statements and projections contained in this press release are selective in nature. Nationale Suisse provides no guarantee, either explicitly or implicitly, regarding the accuracy and completeness of the statements and forecasts published in this press release. Neither Nationale Suisse nor its executive bodies or senior managers accept any liability for any damage or losses arising directly or indirectly from the use of this press release. Unless otherwise provided by applicable binding law Nationale Suisse is under no obligation to update or amend the statements contained in this press release, be it in response to new information, future events or any other reasons. Updated post-publication information is available on our website www.nationalesuisse.com. You may find further details and forecasts about the business of Nationale Suisse there. Press release: http://hugin.info/100296/R/1785968/613427.pdf This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Nationale Suisse via GlobeNewswire [HUG#1785968]


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