Hannover, 10 November 2015

The Supervisory Board of Talanx International AG has appointed Dr Amir Camillo Khadjavi to the Board of Management with effect from 1 April 2016. The 41-year-old lawyer will be responsible there in future for the business in the Latin America region. He will succeed Matthias Maak, who will be leaving the Board of Management in May 2016 to begin his retirement.

'Matthias Maak played a huge role in the positive business development in the Latin America region. We would like to take this opportunity to thank him warmly for our excellent cooperation and his successful work', said Herbert K. Haas, Chairman of the Board of Management at Talanx AG and Chairman of the Supervisory Board at Talanx International AG. 'We would like to wish Dr Khadjavi every success with his new task.' Torsten Leue, Chairman of the Board of Management of Talanx International AG and Director of Retail International on the Board of Management of Talanx AG, added: 'We are delighted to appoint Dr Khadjavi, a highly skilled and internationally experienced expert. I'm looking forward to working together with him in future.'

Dr Amir Camillo Khadjavi is currently Head of the Latin America North & Caribbean Department at Munich Re and is responsible there for property/casualty reinsurance in Central America and the Caribbean. He has held an executive role at Munich Re since 2009. Dr Khadjavi was previously employed at McKinsey & Company.

Disclaimer
 This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG's control, affect Talanx AG's business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialize, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement.

Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

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