CIG Pannonia Life Insurance Plc. (registered office: H-1097 Budapest, Könyves Kálmán körút 11.B, company registration nr.: 01 10 045857 - hereinafter referred to as Company - herby informs the Esteemed Investors and the participants of the capital market that at the Board of Directors' meeting held on May 12, 2021, Zoltán Polányi, who was authorized by the MNB as a member of the Board of Directors, was elected as its new Chairman. The change in the position of the Chairman of the Board of Directors is part of the strategic concept of the Company and an element of the change of the operating model adjusted and optimized for the organization.