EANS-General Meeting: Vienna Insurance Group / Invitation to the General Meeting

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General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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Translation from German original - in cases of doubt the German
version prevails

VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe
FN 75687 f
ISIN: AT0000908504

Schottenring 30, Ringturm, 1010 Vienna, Austria

NOTICE OF MEETING
for the 25th Annual General Meeting (AGM)
to be held on
Friday, 13 May 2016, at 11.00 a.m. (CEST)
at Wiener Stadthalle,
Roland Rainer Platz 1, 1150 Wien, Halle F

A G E N D A

1. Presentation of the consolidated financial statements for the year
2015 and the management report on these accounts, presentation of the
audited and approved financial statements of the Company for the year
2015, the management report on these accounts, the report of the
Supervisory Board and the Corporate Governance Report.

2. Adoption of a resolution on the distribution of profits for 2015.

3. Adoption of a resolution to grant discharge to the members of the
Managing Board for the financial year 2015.

4. Adoption of a resolution to grant discharge to the members of the
Supervisory Board for the financial year 2015.

5. Adoption of a resolution on the changes in the Articles of
Association of the Company in Sections 8, 10, 12, 13, 20.

6. Election of the auditor of the financial statements of the Company
and the Auditor of the consolidated financial statements for the
financial year 2017.

DOCUMENTS FOR THE ANNUAL GENERAL MEETING The documents to be provided
pursuant to Section 108 Austrian Stock Corporation Act will be made
accessible not later than on 22 April 2016 for inspection by the
shareholders during the usual business hours in the business premises
at the registered office of VIENNA INSURANCE GROUP AG Wiener
Versicherung Gruppe (the "Company"), Schottenring 30, 1010 Vienna,
Austria:

o Annual financial statements and management report for the financial
year 2015, o Consolidated financial statements and group management
report for the financial year 2015, o Report of the Supervisory Board
for the financial year 2015, o Corporate governance report for the
financial year 2015, o Proposal on the distribution of profits for
the financial year 2015, o Draft resolutions concerning agenda items
2-6, o Articles of Association with the proposed amendments
highlighted.

These documents, the complete wording of this Notice of Meeting and
the forms for granting and revoking power of attorney pursuant to
Section 114 Austrian Stock Corporation Act are also available not
later than on 22 April 2016 on the website
www.vig.com/annual-general-meeting and will also be obtainable in the
Annual General Meeting.

NOTICE CONCERNING THE RIGHTS OF SHAREHOLDERS PURSUANT TO SECTIONS
109, 110, 118 AND 119 AUSTRIAN STOCK CORPORATION ACT Shareholders,
whose aggregate shares total not less than 5% of the registered
capital and who have held their shares since at least three months
before the request, may request additional agenda items for this
Annual General Meeting and their publication, provided such request
is received by the Company in written form to VIENNA INSURANCE GROUP
AG Wiener Versicherung Gruppe, Dept. VD100, attn. Ms. Sabine Stiller,
Schottenring 30, 1010 Vienna, Austria, not later than on 22 April
2016. Every such requested agenda item must be accompanied by a draft
resolution together with a justification.

In order to prove the shareholding in case of deposited bearer
shares, it is sufficient to submit a deposit certificate pursuant to
Section 10a Austrian Stock Corporation Act, which certifies that the
applying shareholders have been holders of these shares since at
least three months and which is not older than seven days on the day
of submission to the Company. Several deposit certificates concerning
shares, which together constitute a shareholding of 5%, must refer to
the same date. Regarding all other requirements of the deposit
certificate, please refer to the information regarding the right to
participate.

Shareholders, whose aggregate shares total not less than 1% of the
registered capital may submit to every agenda item draft resolutions
together with a justification and may request that these draft
resolutions together with the justification and an optional statement
by the Managing Board or the Supervisory Board are published on the
webpage of the Company, provided such request is received by the
Company in text form either by fax to +43 (0)1 89 00 500-60 or by
mail to VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe, Dept.
VD100, attn. Ms. Sabine Stiller, Schottenring 30, 1010 Vienna,
Austria, not later than on 03 May 2016.

For the proof of the shareholding to exercise this shareholder right
in case of deposited bearer shares, it is sufficient to submit a
deposit certificate pursuant to Section 10a Austrian Stock
Corporation Act, which is not older than seven days on the day of
submission to the Company. Several deposit certificates concerning
shares, which together constitute a shareholding of 1%, must refer to
the same date. Regarding all other requirements of the deposit
certificate, please refer to the information regarding the right to
participate (see below).

Every shareholder will be granted disclosure about affairs of the
Company in the Annual General Meeting, as far as it is necessary for
the appropriate evaluation of an agenda item. Disclosure may be
denied in case that after reasonable commercial assessment it could
be to the material detriment of the Company or a Group Company, or if
it would constitute a criminal offence.

Every shareholder has the right to propose resolutions concerning all
agenda items which do not require former announcement, provided that
the shareholder has given proof to his or her right to participate in
the Annual General Meeting.

RECORD DATE AND RIGHT TO PARTICIPATE IN THE ANNUAL GENERAL
MEETING PURSUANT TO SECTION 111 AUSTRIAN STOCK CORPORATION ACT

Deposited bearer shares The right to participate in the Annual
General Meeting, the voting rights and all other shareholder rights,
which may be exercised in the Annual General Meeting, are subject to
the shareholdings on 03 May 2016, 12.00 midnight (CEST) (Record
Date).

Only such shareholders have the right to participate in the Annual
General Meeting, who give proof of qualification as a shareholder to
the Company at that date.

In case of deposited bearer shares it is sufficient to submit a
deposit certificate pursuant to Section 10a Austrian Stock
Corporation Act as proof of the shareholding on the Record Date,
which must be received by the Company not later than on 10 May 2016,
12.00 midnight (CEST), solely at one of the following addresses:

- by post: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
Dept. VD100, attn. Ms. Sabine Stiller
Schottenring 30, 1010 Vienna, Austria
- by fax: +43 (0)1 89 00 500-60
- by e-mail: anmeldung.vig@hauptversammlung.at (as scanned attachment - TIF,
PDF etc.)
- by SWIFT: GIBAATWGGMS
Message Type MT598; please indicate in the wording ISIN AT0000908504

Deposit certificate pursuant to Section 10a Austrian Stock
Corporation Act The deposit certificate must be issued by a custodian
bank with its registered office in a member state of the European
Economic Area or in a full member state of the OECD and shall include
the following data:

o Information regarding the issuer: name/company and address or a
code common between banks (SWIFT-code), o information regarding the
shareholder: name/company, address, date of birth in case of natural
persons, or registry and registration number in case of legal
persons, o information regarding the shares: amount of shares (ISIN
AT0000908504) of the shareholder, o deposit number or other
identification. o the deposit certificate must refer to the Record
Date, 03 May 2016, 12.00 midnight (CEST).

Pursuant to Section 10a para. 1 last sentence Austrian Stock
Corporation Act, the Company will also accept certificates for the
proof of shareholdings which are issued by legal persons which are
authorised as depositaries of these shares according to Czech law.

The deposit certificate must be submitted in German or in English
language. The shareholders are not blocked by the registration to the
Annual General Meeting or by the submission of the deposit
certificate; thus shareholders may continue to freely dispose of
their shares also after registration or submission of a deposit
certificate.

REPRESENTATION BY PROXY PURSUANT TO SECTION 114 AUSTRIAN STOCK
CORPORATION ACT Every shareholder, who has the right to participate
in the Annual General Meeting, has the right to nominate a proxy
holder, who will attend the Annual General Meeting in the name of the
shareholder and who has the same rights as the shareholder who he
represents.

The power of attorney must be granted to a specific person (either a
natural or a legal person) in text form; several persons may also be
nominated. The power of attorney must be received by the Company
solely at one of the following addresses:

- by post: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe
Dept. VD100, attn. Ms. Sabine Stiller
Schottenring 30, 1010 Vienna, Austria
- by fax: +43 (0)1 89 00 500-60
- by e-mail: anmeldung.vig@hauptversammlung.at (as scanned attachment - TIF,
PDF, etc.)
- by SWIFT: GIBAATWGGMS
Message Type MT598; please indicate in the wording ISIN AT0000908504

- in person: at the registration desk for the Annual General Meeting
at the place of the Meeting

A power of attorney form and a form for the revocation of the power
of attorney will be sent on request and are available on the website
of the Company on www.vig.com/annual-general-meeting.

In case the power of attorney is not submitted personally upon
registration on the day of the Annual General Meeting, the power of
attorney must be received by the Company not later than on 12 May
2016, 3.00 p.m. (CEST).

The above-mentioned provisions for granting proxies are applicable
accordingly to the revocation of proxies.

REPRESENTATION OF VOTING RIGHTS As a special service, Mr. Michael
Knap of the "Interessenverband für Anleger" (Austrian Shareholder
Association), Feldmuehlgasse 22, 1130 Vienna, Austria, is available
to shareholders as an independent power of attorney bound by the
shareholders' instructions for exercising their voting right at the
Annual General Meeting. Shareholders who wish to avail themselves of
Mr. Knap's services may contact him directly by phone +43 (0)1
8763343-30, by fax +43 (0)1 8763343-39 or by e-mail
michael.knap@iva.or.at.

TOTAL NUMBER OF SHARES AND VOTING RIGHTS (Information according to
Section 83 para. 2 clause 1 of the Austrian Stock Exchange Act) On
the date of convening the Annual General Meeting the registered
nominal capital of the Company amounts to EUR 132,887,468.20 and is
divided into 128,000,000 no-par value shares. Each share grants one
vote. Neither the Company, nor any of its subsidiaries currently hold
own shares. The total number of shares which convey the right to
participate and vote amounts to 128,000,000.

ADMISSION TO THE ANNUAL GENERAL MEETING For the admission to the
Annual General Meeting, you have to prove your identity. Please bring
a valid official photo identification. In case you attend as a
representative of a legal entity, please also bring a current excerpt
from the commercial register that proves your power of
representation. In case you attend the Annual General Meeting as a
power of attorney holder, please also bring the power of attorney in
addition to your valid official photo identification. In case the
original of the power of attorney was already sent to the Company,
you may facilitate your admission if you can provide a copy of the
power of attorney.

The Company retains the right to verify the identity of the persons
participating the meeting. In case the verification of the identity
is not possible, admission may be denied.

Please consider the large number of expected participants and the now
usual security measures when planning the time of arrival. Admission
for the collection of voting cards starts at 9.30 a.m. (CEST).

WEBCAST The speech of the Chairwoman of the Managing Board will be
publicly webcasted. Please find the link with the webcast at
www.vig.com/annual-general-meeting.

Vienna, April 2016 The Managing
Board

Further inquiry note:
VIENNA INSURANCE GROUP AG
Wiener Versicherung Gruppe
1010 Vienna, Schottenring 30

Nina Higatzberger
Head of Investor Relations
Tel.: +43 (0)50 390-21920
Fax: +43 (0)50 390 99-21920
E-Mail: nina.higatzberger@vig.com

end of announcement euro adhoc
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issuer: Vienna Insurance Group
Schottenring 30
A-1010 Wien
phone: +43(0)50 390-21919
FAX: +43(0)50 390 99-23303
mail: investor.relations@vig.com
WWW: www.vig.com
sector: Insurance
ISIN: AT0000908504
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien, stock market: Prague Stock Exchange
language: English