Dividend policy

As set out in the matrix of medium-term objectives first published in April 2013, Talanx AG aims to achieve the payout rate announced in its IPO of 35% to 45% of Group net income, as defined by International Financial Reporting Standards (International Financial Reporting Standards – IFRS ), after taxes and minority interests. The dividend paid by Talanx for 2012 was EUR 1.05; this equates to a payout rate of 42.1%.

The Board of Management and Supervisory Board will propose a dividend of EUR 1.20 per share to Talanx AG’s General Meeting. Based on the year-end price of EUR 24.65, this gives a return of 4.9%. The payout rate, based on IFRS earnings per share, is around 40%.

The Annual General Meeting is to be held on Thursday, 8 May 2014 in the Kuppelsaal of the Hannover Congress Centre (HCC).

14 GENERAL INFORMATION ON THE TALANX SHARE
     
  German securities identification number (WKN) TLX100
  ISIN DE000TLX1005
  Trading symbol TLX
  Class of shares Ordinary registered shares with no par value (Stückaktien)
  Number of shares 252,797,634
  Year-end price EUR 24.65
  Annual high EUR 25.88
  Annual low EUR 21.82
  Stock exchanges Xetra, Frankfurt, Hannover
  Trading segment Prime standard of the Frankfurt Stock Exchange
  Index MDAX
  Share prices: Xetra