Resolution No. 383/2017 of the CEO of the Exchange on the suspension of exchange trading in CIG Pannonia shares from the beginning of trading on October 25, 2017 to the end of the Exchange Day on October 26, 2017

CIG Pannónia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registry number: Cg.01-10-045857; hereinafter: the “Company”) hereby notifies its shareholders and other capital market participants that according to General Meeting resolution No. 27/2012. (VIII.16.) the „B” type of interest bearing shares (HU0000118963) and „C” type of interest bearing shares (HU0000118971) were converted into „A” type of ordinary shares on 11 September 2017. The Board of Directors with its resolution No. 32/2017.09.12 decided on the capital increase effected by means of a private placement on 12 September 2017 on the basis of the authorisation included in the General Meeting resolution No. 28/2012. (VIII.16.).

CIG Pannónia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registry number: Cg.01-10-045857; hereinafter: the “Company”) hereby notifies its shareholders and other capital market participants that the Company Registry Court of Budapest – Capital Regional Court has registered the amendments to the Company’s Articles of Association with its resolution No. 01-10-045857/361.

CIG Pannonia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registration number: Cg. 01-10-045857; hereinafter: “Company”) meeting the rules set out in Clause 54 (9) of Act CXX of 2001 on the Capital Market hereby informs the capital market participants on the following.

CIG Pannónia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registry number: Cg.01-10-045857; hereinafter: „the Company”) hereby notifies its shareholders and other capital market participants that the General Meeting decided today on the decrease of the Company’s capital by HUF 13,333,320 with the purpose of equity withdrawal. The Company will reduce the share capital by withdrawing 333,333 pieces of registered voting series “A” ordinary shares of HUF 40 of nominal value each, the way of reduction of the share capital is the reduction of the number of the shares.

CIG Pannónia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registry number: Cg.01-10-045857; hereinafter: the “Company”) hereby notifies its Esteemed Shareholders and the capital market participants that the National Bank of Hungary with its resolution No. H-EN-II-92/2017 has authorized the appointment of the new member – Ákos Veisz - of the Supervisory Board, appointed at the general meeting of 26 September 2017.

CIG Pannónia Life Insurance Plc. (“Company”) hereby informs the capital market participants that the Company held its repeated Extraordinary General Meeting on 26 September 2017. The Company's General Meeting has passed the following resolutions (the Board of Directors of the Company shall submit the minutes taken on the General Meeting to the Court of Registration within thirty (30) days of closing of the General Meeting):

CIG Pannónia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registry number: Cg.01-10-045857; hereinafter: “the Company) hereby notifies its shareholders and other capital market participants that there was no quorum at the Extraordinary General Meeting scheduled for today at 10 a.m. as shareholders representing more than one half of the votes at the General Meeting did not attend it.

CIG Pannónia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1.; company registry number: Cg.01-10-045857; hereinafter: „the Company”) hereby notifies its shareholders and other capital market participants that the Board of Directors decided today on the capital increase effected by means of a private placement. The nature of the capital increase effected by means of a private placement is issuing registered dematerialized, “A” type ordinary shares representing voting rights of nominal value HUF 40 per each.

CIG Pannónia Life Insurance Plc. (registered seat: H-1033 Budapest, Flórián tér 1; company registry number: Cg.01-10-045857; hereinafter: the “Company”), hereby notifies its Esteemed Shareholders and other capital market participants that the Company today purchased 133,333 pieces (that is one hundred and thirty-three thousand three hundred and thirty-three pieces) of interest-bearing shares of series “B” issued by the Company with a nominal value of HUF 40 per share, at a price of HUF 750.- per share by share purchase agreement.