Significant events after the reporting date
STRABAG – Court judgement in Kaliningrad (Russia)
On 20 January 2025, a Russian special court handed down a judgement against STRABAG SE (Villach, (STRABAG)) and the core shareholders of the STRABAG syndicate, which also includes UNIQA. In the judgement, however, the court only ordered AO Raiffeisenbank (Russia, Moscow) to pay around € 2 billion in damages to MKAO “Rasperia Treiding Limited” (Russia, Kaliningrad, (Rasperia)) and in return granted it the STRABAG shares held by Rasperia. UNIQA does not hold a stake in AO Raiffeisenbank, which means there are no direct effects on UNIQA. The judgement is not enforceable in Austria due to existing EU sanctions. Irrespective of this, UNIQA will be appealing against the judgement. From the current perspective, there are therefore no significant effects on UNIQA’s assets, earnings and financial condition.