Zurich Insurance Group ("Zurich") Mögliches Angebot für Beazley ("Beazley")

Über Zurich
Zurich Insurance Group (Zurich) ist ein führender globaler Mehrspartenversicherer, der vor mehr als 150 Jahren gegründet wurde. Das Unternehmen betreut heute über 75 Millionen Kunden in mehr als 200 Ländern und Gebieten und erzielt branchenführende Gesamtrenditen für seine Aktionäre.

Im Einklang mit dem Ziel «gemeinsam eine bessere Zukunft zu gestalten», bietet Zurich Präventionsdienstleistungen an, die über traditionelle Versicherungsprodukte hinausgehen, um Kunden dabei zu unterstützen, Resilienz aufzubauen. Seit 2020 unterstützt das Projekt «Zurich Forest» die Wiederaufforstung und Wiederherstellung der Biodiversität im Atlantischen Regenwald in Brasilien.

Die Gruppe hat ihren Hauptsitz in Zürich, Schweiz, und beschäftigt weltweit mehr als 63'000 Mitarbeitende. Zurich Insurance Group AG (ZURN) ist an der SIX Swiss Exchange kotiert und verfügt über ein Level I American Depositary Receipt Programm (ZURVY), das ausserbörslich an der OTCQX gehandelt wird. Weitere Informationen über Zurich sind verfügbar unter www.zurich.com.

Hinweise für Redakteure
Zurich ist im Vereinigten Königreich stark vertreten und beschäftigt über 4’500 Mitarbeitende an Standorten in 14 Städten und regionalen Gemeinden. An diesen Standorten bietet Zurich eine breite Palette von Dienstleistungen an, darunter Underwriting, Schadenregulierung, Risikoberatung, Policenverwaltung und Asset Management für Privatpersonen, Unternehmen, Wohltätigkeitsorganisationen und Gemeinschaften. Zurich investiert in britische Vermögenswerte, um diese an die langfristigen Versicherungs- und Pensionsverpflichtungen anzupassen. Die Investitionen umfassen Infrastruktur, Immobilien und Anleihen.

Quellen und Grundlagen
Referenzen auf den mittleren Kurszielwert von Sell-Side-Analysten für Beazley Aktien basieren auf dem Median der Kursziele auf Bloomberg mit Stand vom 16. Januar 2026. Die Analystenschätzungen werden von Zurich weder bestätigt noch mit Beazleys Zustimmung durch die entsprechenden Analysten zitiert und wurden nicht gemäss den Vorgaben der Rule 28.1(a) geprüft oder berichtet. Das Mindest- und das Maximalziel wurden jeweils von Panmure Liberum (869 Pence) and Berenberg, Keefe Bruyette & Woods and RBC Capital (1,100 Pence), veröffentlicht.

Important Notices
This announcement is for information purposes only and is not intended to, and does not, constitute or form part of any offer or invitation, or the solicitation of an offer or invitation, to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction pursuant to a potential transaction or otherwise.

The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

Rule 26.1 disclosure
In accordance with Rule 26.1 of the Code, a copy of this announcement will be available (in English) (subject to certain restrictions relating to persons resident in restricted jurisdictions) at https://www.zurich.com/potentialbeazleyoffer by no later than 12 noon (London time) on the business day following the date of this announcement. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.

Rule 2.4 information
As of the date of this announcement, Zurich holds an interest in 8,784,065 ordinary shares of Beazley, representing approximately 1.465 per cent. of Beazley’s issued ordinary share capital. Pursuant to Rule 2.4(c)(iii) of the Code, if Zurich were to make an offer, under Rule 6 of the Code Zurich would be required to make an offer at no less than 825 pence per share. However, it has not been practicable for Zurich to make enquiries of all persons acting in concert with it prior to the date of this announcement in order to confirm whether any dealings in Beazley’s shares by such persons give rise to any other requirement under Rule 6 or Rule 11 of the Code for Zurich, if they were to make an offer, to offer any minimum level, or particular form, of consideration. To the extent that any such details are identified following such enquiries, Zurich will make an announcement disclosing such details as soon as practicable, and in any event by no later than the time it is required to make its Opening Position Disclosure under Rule 8.1 of the Code.

Disclosure requirements of the Code
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person’s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) of the Code applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person’s interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8 of the Code. A Dealing Disclosure by a person to whom Rule 8.3(b) of the Code applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3 of the Code.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4 of the Code).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel’s website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel’s Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.