Annual Financial Report 2021

Annual Financial Report 2021 according to section 124(1) of the

Austrian Stock Exchange Act | UNIQA Insurance Group AG

Contents

Consolidated Corporate

Governance Report � � � � � � � � � � � � � � � � � � � � � � � � � � � � 4

Report of the Supervisory Board � � � � � � � � � � � � � 16

Non-Financial Report � � � � � � � � � � � � � � � � � � � � � � � � 20

Group Management Report � � � � � � � � � � � � � � � � � 40

Consolidated Financial Statements � � � � � � � � 60

Notes to the Consolidated

Financial Statements � � � � � � � � � � � � � � � � � � � � � � � � � 67

Approval for publication � � � � � � � � � � � � � � � � � � � � � 153

Declaration of the

legal representatives � � � � � � � � � � � � � � � � � � � � � � � � � 154

Audit Opinion � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 155

Group Report 2021

Consolidated

Corporate Governance

Report

Corporate Governance Report

UNIQA has been committed to compliance with the Aus-trian Code of Corporate Governance since 2004 and pub-lishes the declaration of conformity both in the Group report and onwww.uniqagroup.comin the Investor Re-lations section. The Austrian Code of Corporate Govern-ance is also publicly available atwww.uniqagroup.comandwww.corporate-governance.at.

The Corporate Governance Report and the Consolidated Cor-porate Governance Report of UNIQA Insurance Group AG are summarised in this report in accordance with Section 267b in conjunction with Section 251(3) of the Austrian Com-mercial Code.

Implementation and compliance with the individual rules in the Austrian Code of Corporate Governance, with the ex-ception of Rules 77 to 83, are evaluated annually by PwC Wirtschaſtsprüfung GmbH. Rules 77 to 83 of the Austrian Code of Corporate Governance are evaluated by the law firm Schönherr Rechtsanwälte GmbH. The evaluation is carried out based mainly on the questionnaire, published by the Austrian Working Group for Corporate Governance, for the evaluation of compliance with the Code. The reports on the external evaluation in accordance with Rule 62 of the Aus-trian Code of Corporate Governance can also be found atwww.uniqagroup.com.

The Supervisory Board is supported by Vienna Strategy HUB GmbH with self-assessments of the Supervisory Board regarding the efficiency of its activities (Rule 36 of the Aus-trian Code of Corporate Governance).

UNIQA also declares its continued willingness to comply with the Austrian Code of Corporate Governance as cur-rently amended. However, UNIQA deviates from the provi-sions of the Code as amended with regard to the following C rules (comply or explain rules), and the explanations are set out below.

Rule 49 of the Austrian Code of Corporate Governance

Due to the growth of UNIQA's shareholder structure and the special nature of the insurance business with regard to the investment of assets, there are a number of contracts with companies related to individual members of the Supervisory Board in which these Supervisory Board members discharge duties as members of governing bodies. If such contracts require approval by the Supervisory Board in accordance with Section 95(5)(12) of the Austrian Stock Corporation Act (Rule 48 of the Austrian Code of Corporate Governance), the details of these contracts cannot be made public for rea-sons of company policy and competition law. All transac-tions are in any case entered into and processed on an arm's length basis.

Corporategovernance

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

• Original Link
• Original Document
• Permalink

Disclaimer

UNIQA Insurance Group AG published this content on 21 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2022 07:06:01 UTC.