Resolution No. 47/2018 of the CEO of the Exchange on the decrease of CIG Pannonia shares to 70.269.240 with regard to the capital decrease of CIG Pannonia Life Insurance Plc.

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” or “CIG Pannónia”) hereby notifies its shareholders and other capital market participants that the Board of Directors of the Company – after the General Meeting decision – decided today on concluding a strategic cooperation agreement with KONZUM Plc.

CIG Pannónia Life Insurance Plc. (“Company”) hereby informs the capital market participants that the Company held its repeated Extraordinary General Meeting on 30 January 2018. 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 as in the previous years – instead of the fact that the proportion of the voting rights represented by shareholders exceeded significantly the average of the preceding first general meetings - there was no quorum at the Extraordinary General Meeting scheduled for today at 10 a.m. The proportion of the voting rights represented by the shareholders who present the general meeting and could exercise their voting rights was 33,9%, calculated as a percentage of the total number of shares representing voting rights. Therefore the general meeting was under the necessary proportion for the quorum.

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 registered with its resolution No. Cg.01-10-045857/364 the decrease of the Company’s capital by HUF 13,333,320. The Company reduced the share capital by withdrawing 333,333 pieces of registered voting series “A” ordinary treasury shares of HUF 40 of nominal value each (the way of reduction of the share capital was the reduction of the number of the shares).

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.