DGAP-Adhoc: Allianz SE: The Supervisory Board of Allianz SE

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News Desk 2018

Oct 2, 2014 at 8:15 AM

DGAP-Adhoc: Allianz SE: The Supervisory Board of Allianz SE resolves on Board of Management Memberships / Oliver BÃ¤te to become new Chairman of the Board of Management effective May 7, 2015

Allianz SE / Key word(s): Change of Personnel 02.10.2014 14:00 Dissemination of an Ad hoc announcement according to Â§ 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Supervisory Board of Allianz SE resolved in its today's meeting that Oliver BÃ¤te (49) is appointed as CEO of Allianz SE with effect of May 7, 2015 through September 30, 2019. Michael Diekmann (59) will leave the Board of Management after the Annual General Meeting (AGM) 2015. The Supervisory Board asked Mr. Diekmann to be available for election to the Supervisory Board by the ordinary AGM 2017. Futhermore, the Supervisory Board appointed Dott. Sergio Balbinot (56) as member of the Board of Management of Allianz SE for a duration of four years starting January 1, 2015. He will be responsible for the insurance business in the countries of western and southern Europe (France, Benelux, Italy, Greece, Turkey). The mandate of Clement Booth (60) expires upon his own request at the end of this year. Dr. Axel Theis (56) was appointed as successor of Mr. Booth until the end of 2018. Upon mutual agreement, Gary Bhojwani (46) will resign from the Board of Management of Allianz SE as of December 31, 2014. Jay Ralph (55) will take over the additional responsibility for the insurance business in the USA. The appointment to the Board of Management of Manuel Bauer (60) was extended by a further year through the end of 2015, the appointments of Dr. Dieter Wemmer (57) and Dr. Werner Zedelius (57) were extended by three years and the appointment of Dr. Helga Jung (53) was extended by a further five years. In addition to his current responsibilities, Mr. Bauer will take over the responsibility for the insurance business in Australia. Munich, October 2, 2014 --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: These assessments are, as always, subject to the disclaimer provided below. Cautionary Note Regarding Forward-Looking Statements The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements. Such deviations may arise due to, without limitation, (i) changes of the general economic conditions and competitive situation, particularly in the Allianz Group's core business and core markets, (ii) performance of financial markets (particularly market volatility, liquidity and credit events) (iii) frequency and severity of insured loss events, including from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the euro/US-dollar exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions, including related integration issues, and reorganization measures, and (xi) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. No duty to update The company assumes no obligation to update any information or forward-looking statement contained herein, save for any information required to be disclosed by law. 02.10.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Allianz SE KÃ¶niginstr. 28 80802 MÃ¼nchen Germany Phone: +49 (0)89 38 00 - 41 24 Fax: +49 (0)89 38 00 - 38 99 E-mail: investor.relations@allianz.com Internet: www.allianz.com ISIN: DE0008404005 WKN: 840400 Indices: DAX-30, EURO STOXX 50 Listed: Regulierter Markt in Berlin, DÃ¼sseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, MÃ¼nchen, Stuttgart; TerminbÃ¶rse EUREX End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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