Investor Presentaiton
About Triglav Group / Appendix (2023 Unaudited Results & 2024 Outlook)
Attractive & Sustainable Dividend Policy
G
Dividend Policy:
Minimum dividend pay-out is set to 50% of
consolidated net profit for previous year. Triglav
will strive not to reduce its dividend payment
below level of previous year.
Gross DPS (in €) and Dividend Payout Ratio (% consolidated net earnings)
82%
69%
70%
67%
63%
64%
56%
capital
Dividend policy is subordinated to achieving
medium-term sustainable target
adequacy of Triglav Group.
Three objectives are followed in
balanced
manner: to ensure prudent capital management of
Triglav Group and its financial stability, to reinvest
net profit in implementation of strategy of growth
and development of Triglav Group and to pay out
attractive dividends to shareholders.
2024 AGM on 4 June 2024
53%
IDPS (in EUR)
Dividend pay-out
74%
51%
2.0
1.7
2.5
0%
2.5
2.5
2.5
2.5
1.7
3.7
2.5
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
In 2020: Regulator's call upon insurance companies in Slovenia to suspend payout of dividends. In 2021:
Triglav met regulator's requirements for dividend payment related to uncertainties in markets due to
pandemic. In 2022: Several aspects and circumstances of recent years also taken into account.
Triglav Group: Investor Presentation_March 2024
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