Retail shareholders

In Generali we have a significant number of individual investors, the retail shareholders. About a quarter of our share capital is subdivided among them. This is why we have created a section where we can interact with private shareholders and examine issues more closely linked to savings.

Chairman’s Invite to the 2022 AGM

GENERALI AND ITS SHAREHOLDERS

SHAREHOLDERS' MEETING

The General Meeting, called at least once a year and open to all those holding at least one Assicurazioni Generali share, is a fundamental aspect of the life of the company, one in which the shareholders have the opportunity to formally interact with the board of directors and management to discuss the main issues that took place during the financial year.

The AGM 2022 was held on April 29th 2022. For this meeting, held without the physical attendance by shareholders due to the current health emergency, Generali has further enhanced what has been offered in 2020 and 2021 and has given all shareholders entitled to vote the possibility to follow the full AGM proceedings via live video streaming.

In the last two years the AGM was held in a new mode. Consequently with the restrictions due to the national health situation and the specific law provisions in force (particularly art.106 of DL March 17th, no. 18) Assicurazioni Generali held its meeting without physical attendance by shareholders, all of whom had the possibility to cast their vote by conferring a proxy to the Designated Representative, also through a dedicated online portal. The Designated Representative is a third-party, independent and free service that expresses the vote of shareholders.

For Generali being close to and with its shareholders is a fundamental and indispensable value. As a consequence, considering the health and legislative picture of the first months of 2020, the Company, being almost the only one among Italian issuers, has upgraded its usual webcasting service of the opening speeches by the company’s top management, to a new and different service, reserved to shareholders: the live audio streaming of the full AGM proceedings. This first step was built upon in 2021 where a video streaming service was provided, with excellent results: a service that will also be available for the 2022 AGM.

SHAREHOLDERS’ MEETING EXTENDED INCLUSION (SMEI)

In order to overcome the physical, communicative and sensorial barriers that may prevent the participation of some shareholders in the General Meeting, Generali has launched, since 2016, the Shareholders' Meeting Extended Inclusion (SMEI) program.

Supported by the enthusiasm and dedication of the volunteers of our Group and the collaboration of trained assistance professionals, the SMEI Program has developed over time, through the provision of a growing number of services, always oriented towards the inclusion of all shareholders with respect to that central moment in the life of the Company which is the Annual General Meeting. Read more

SHAREHOLDERS UNIT

In order to guarantee that also retail shareholders have a direct contact point in Assicurazioni Generali, the Company adds to its Investor Relations office, managing relations with institutional shareholders and analysts, the Shareholders Unit, dedicated to relations with retail shareholders. Contact info for this unit is available in the Investors\Contacts section.

GENERALI'S ENGAGEMENT TO KEEP ITS SHAREHOLDERS UP TO DATE AND IN CONTACT

Generali strongly believes in the value of the trust shown by tens of thousands private investors that make up the base of its shareholder structure and as a consequence is focused on supplying a continuous and detailed stream of information, in particular in important moments of the Company’s life. This focus and conviction are embodied by various documents, published periodically or on particular occasions and designed with retail shareholders’ needs in mind:

Investor’s Info

Corporate periodical summing up the main events regardind Assicurazioni Generali and the Generali Group.

See the last editions of Investor’s Info here

General Meeting By-laws

Generali makes the general meeting by-laws available also for retail shareholders in an easily accessible form.

See the general meeting by-laws here

Shareholders’ Meeting Kit

Specific publication for the General Meetings of Assicurazioni Generali, collecting various useful documents and detailed procedures regarding shareholders’ rights.

See the last edition of the Shareholders’ Meeting Kit here

IF YOU WANT TO BE UPDATED WITH ALL PUBLICATIONS DEDICATED BY GENERALI FOR ITS RETAIL SHAREHOLDERS RETAIL CLICK HERE AND FILL IN THE DETAILS

Generali in the Stock Exchange (Total Shareholders Return)

The total shareholders’ return is the measure of performance which combines share price variation and dividends paid to show the total return to the shareholder expressed as an annualized percentage.

More info on the “Share information & analysts” section.

DIVIDENDS

MAIN INDICATORS PER SHARE (as at 31 December 2021)

RESULTS OF THE GENERALI GROUP

To keep updated on all news on the Group, see the Press Releases

To know more details on the Generali Group positioning:

See the Consolidated Results as at 30th June 2021: here
See the Financial information as at 30th September 2021: here
See the Consolidated Results of the Generali Group as at 31st December 2021: here

See the Financial information as at 31st March 2022

EXCELLENT PROFITABILITY WITH GROWTH IN PREMIUMS AND OPERATING RESULT. EXTREMELY SOLID CAPITAL POSITION. NET RESULT AFFECTED BY IMPAIRMENTS ON RUSSIAN INVESTMENTS

Gross written premiums increased to € 22.3 billion (+6.1%), up in the P&C (+6.4%) and Life (+6%) segments. Life net inflows, entirely focused on the unit-linked and protection lines, grew to € 3.9 billion (+19.3%)
Operating result rose to € 1.6 billion (+1.1%), thanks to the positive performance of the Life, P&C and Holding and other businesses segments. The Combined Ratio was at 90.4% (+2.4 p.p.) and the New Business Margin was excellent at 4.94% (+0.53 p.p.)
Net result reached € 727 million (€ 802 million 1Q2021), affected by impairments on Russian investments amounting to € 136 million. Excluding this impact, the net result would have been € 863 million
Solvency Ratio remained extremely solid at 237% (227% FY2021)

Generali Group CFO Cristiano Borean commented: "The results for the first quarter confirm the excellent performance of Generali, despite a context characterised by uncertainty due to the conflict in Ukraine. The business development in the most profitable segments demonstrates the Group’s ability to consistently generate value, while maintaining a solid and industry leading capital position. In the first three months of the year, the Group also launched the new strategic plan 'Lifetime Partner 24: Driving Growth', focused on strong growth in earnings per share, increased cash generation and higher dividends.
The Group will continue to stand in solidarity and remain close to the people impacted by the conflict in Ukraine, helping them thanks to an emergency donation of € 3 million and a global fundraising campaign carried out by employees and through The Human Safety Net Foundation, to back UNICEF in its efforts to support those suffering due to this war.”

Read more

SEE THE FINANCIAL CALENDAR

GENERALI IN THE COMMUNITY

The engine of The Human Safety Net is a foundation initiated by Generali. It extends Generali’s purpose of ‘enabling people to shape a safer future by caring for their lives and dreams’ to the most vulnerable in our society. Generali is mobilizing their people and resources – financial support, time, skills, networks, assets, products - to reach more people and amplify our impact.