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) hereby informs the Esteemed Investors that the Company and its wholly owned subsidiary, CIG Pannonia First Hungarian General Insurance cPlc. (together: CIG Pannonia Group) has entered a fix term framework agreement until July 30, 2042 with MBH Duna Bank cPlc. (registered office: 9022 Győr, Árpád út 93.; company registration nr.: 08-10-001869 (hereinafter referred to as Duna Bank).

Based on the framework agreement and subject to the conditions and date contained therein, Duna Bank - subsidiary of MBH Bank Plc., with which CIG Pannonia Group have a long-term strategic agreement in force - undertook to distribute and sell exclusively the products of the CIG Pannonia Group in all sales channels for products belonging to the life and non-life insurance sectors.

The establishment of the framework agreement is expected by the parties to create the longterm conditions for the full exploitation of the synergies inherent in banking-insurance cooperation, for which the Parties have agreed to establish targeted cooperation agreement(s) in a regulated form and manner, setting out the precise modalities, financial terms, rights and obligations of their cooperation. All this is embodied in the banking product
sales activity and the related sales promotion activity on the one hand, and the exclusive insurance sales activity and the related sales promotion activity by MBH Duna Bank cPlc.

CIG Pannonia Life Insurance Plc.
Managing Board




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