Karina Schreiber to become Group Chief Risk Officer of Helvetia

Ad hoc announcement pursuant to Art. 53 LR
St.Gallen, 22 July 2025

Helvetia Insurance has appointed Karina Schreiber as Group Chief Risk Officer and a member of the Group Executive Board. She has extensive international leadership experience in risk management and will take up her new role at Helvetia on 1 October 2025.

Karina Schreiber is to become the new Group Chief Risk Officer and a member of the Group Executive Board of Helvetia Insurance. She will join Helvetia on 1 October 2025, succeeding Bernhard Kaufmann, who announced in April that he will be taking up a new role outside the company. Karina Schreiber has long-standing executive experience in international risk management. She has been serving as Group Chief Actuary at the Allianz SE since November 2023. Previously, she held various leadership positions within the Allianz Group, including serving as Chief Risk Officer of Allianz U.K. and Allianz Versicherungs-AG in Germany. Before joining Allianz, Karina Schreiber worked for other insurance companies and in consulting. Karina Schreiber studied mathematics at Otto von Guericke University Magdeburg, and went on to earn a PhD in the same subject. She also holds a master's degree in mathematical finance from the University of Oxford. Karina Schreiber is a Fellow of the German Actuarial Association (DAV) and also a Certified Enterprise Risk Actuary (CERA).

"I am delighted that Karina Schreiber is joining our team. She is a remarkable leader whose proficiency in risk management will contribute greatly toward ensuring that Helvetia remains a trustworthy partner for customers, employees and investors, even in periods of constantly shifting risks," says Fabian Rupprecht, Group CEO of Helvetia.

Following the closing of the planned merger between Helvetia and Baloise, it is planned that Karina Schreiber will become Group Chief Risk Officer and a member of the Group Executive Committee of Helvetia Baloise.

About the Helvetia Group
Helvetia Insurance Group, with its headquarters in St. Gallen, has grown since 1858 to become a successful international insurance group with strong Swiss roots, over 14,000 employees (FTE) and more than 6.7 million customers. It has always been there for its customers when it matters.
In the Swiss, Spain and GIAM (German, Italian and Austrian Markets) segments, Helvetia positions itself as a Local Customer Champion and supports its customers throughout their lives as their preferred provider. It also focuses on the rapidly growing segment of customers over 50. In all of its segments, and in the Specialty Markets segment in particular, Helvetia strives to generate growth as a global specialist in the international specialty lines business and in reinsurance. Thanks to its lean and flexible structures, Helvetia is able to focus on profitability in a cyclical business. At the same time, Helvetia uses its expertise in its European retail markets to offer specialty solutions to SME customers.
With a business volume of CHF 11.6 billion, Helvetia generated underlying earnings of CHF 528.5 million and an IFRS period result of CHF 502.4 million in the 2024 financial year. The shares of Helvetia Holding AG are traded on SIX Swiss Exchange.

Cautionary note
This document was prepared by Helvetia Group and may not be copied, altered, offered, sold or otherwise distributed to any other person by any recipient without the consent of Helvetia Group. The German version of this document is decisive and binding. Versions of the document in other languages are made available purely for information purposes. Although all reasonable effort has been made to ensure that the facts stated herein are correct and the opinions contained herein are fair and reasonable, where any information and statistics are quoted from any external source such information or statistics should not be interpreted as having been adopted or endorsed as accurate by Helvetia Group. Neither Helvetia Group nor any of its directors, officers, employees and advisors nor any other person shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this information. The facts and information contained in this document are as up to date as is reasonably possible but may be subject to revision in the future. Neither Helvetia Group nor any of its directors, officers, employees or advisors nor any other person makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document.
This document may contain projections or other forward-looking statements related to Helvetia Group which by their very nature involve inherent risks and uncertainties, both general and specific, and there is a risk that predictions, forecasts, projections and other outcomes described or implied in forward-looking statements will not be achieved. We caution you that a number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include: (1) changes in general economic conditions, in particular in the markets in which we operate; (2) the performance of financial markets; (3) changes in interest rates; (4) changes in currency exchange rates; (5) changes in laws and regulations, including accounting policies or practices; (6) risks associated with implementing our business strategies; (7) the frequency, magnitude and general development of insured events; (8) mortality and morbidity rates; (9) policy renewal and lapse rates as well as (10), the realisation of economies of scale as well as synergies. We caution you that the foregoing list of important factors is not exhaustive; when evaluating forward-looking statements, you should carefully consider the foregoing factors and other uncertainties. All forward-looking statements are based on information available to Helvetia Group on the date of its publication and Helvetia Group assumes no obligation to update such statements unless otherwise required by applicable law.