Annelis Lüscher Hämmerli, CFO of Helvetia Group, and Bernhard Kaufmann, CRO of Helvetia Group, announce their resignation

Ad hoc announcement pursuant to Art. 53 LR
St.Gallen, 22 April 2025

Annelis Lüscher Hämmerli, Group Chief Financial Officer (CFO) at Helvetia, will step down as a member of the Group Executive Board the latest as of April 2026 at her own request to focus on her existing and new mandates outside Helvetia. Annelis Lüscher joined Helvetia in 2020 and has achieved significant successes during her tenure. Fabian Rupprecht, CEO Helvetia Group, says: "Under the leadership of Annelis Lüscher Hämmerli, the Group's financial management was strengthened, maintaining a strong financial position. Helvetia achieved attractive and increasing dividend payouts and an excellent credit rating despite macroeconomic and geopolitical uncertainties. Additionally, she and her team successfully implemented IFRS 17/9. On behalf of the Group Executive Board, I would like to express our sincere gratitude to Annelis for her valuable contributions."

Bernhard Kaufmann, Group Chief Risk Officer (CRO) at Helvetia, has decided to take on a new role outside the company, returning to the reinsurance industry, and will therefore step down as a member of the Group Executive Board at Helvetia as of 30 September 2025. In this role as Group CRO, he was responsible for overseeing Helvetia's risk management and actuarial functions. "Under Bernhard Kaufmann's leadership, Helvetia's risk management was further strengthened and established as a key function at the group level. On behalf of the Group Executive Management Board, I would like to thank Bernhard for his dedication to Helvetia and his significant contributions. I wish both Bernhard and Annelis all the best in their new roles," Fabian Rupprecht says.

Information about the succession will be provided in due course.

About the Helvetia Group
Helvetia Insurance Group, with its headquarters in St. Gallen, has grown since 1858 to become a successful international insurance group with strong Swiss roots, over 14,000 employees (FTE) and more than 6.7 million customers. It has always been there for its customers when it matters.
In the Swiss, Spain and GIAM (German, Italian and Austrian Markets) segments, Helvetia positions itself as a Local Customer Champion and supports its customers throughout their lives as their preferred provider. It also focuses on the rapidly growing segment of customers over 50. In all of its segments, and in the Specialty Markets segment in particular, Helvetia strives to generate growth as a global specialist in the international specialty lines business and in reinsurance. Thanks to its lean and flexible structures, Helvetia is able to focus on profitability in a cyclical business. At the same time, Helvetia uses its expertise in its European retail markets to offer specialty solutions to SME customers.
With a business volume of CHF 11.6 billion, Helvetia generated underlying earnings of CHF 528.5 million and an IFRS period result of CHF 502.4 million in the 2024 financial year. The shares of Helvetia Holding AG are traded on SIX Swiss Exchange.

Cautionary note
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This document may contain projections or other forward-looking statements related to Helvetia Group which by their very nature involve inherent risks and uncertainties, both general and specific, and there is a risk that predictions, forecasts, projections and other outcomes described or implied in forward-looking statements will not be achieved. We caution you that a number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include: (1) changes in general economic conditions, in particular in the markets in which we operate; (2) the performance of financial markets; (3) changes in interest rates; (4) changes in currency exchange rates; (5) changes in laws and regulations, including accounting policies or practices; (6) risks associated with implementing our business strategies; (7) the frequency, magnitude and general development of insured events; (8) mortality and morbidity rates; (9) policy renewal and lapse rates as well as (10), the realisation of economies of scale as well as synergies. We caution you that the foregoing list of important factors is not exhaustive; when evaluating forward-looking statements, you should carefully consider the foregoing factors and other uncertainties. All forward-looking statements are based on information available to Helvetia Group on the date of its publication and Helvetia Group assumes no obligation to update such statements unless otherwise required by applicable law.