VIG/Nürnberger Merger Cleared Under Article 6(1)(b)

Case M.12343 - VIG / NÜRNBERGER

Only the English text is available and authentic. REGULATION (EC) No 139/2004

MERGER PROCEDURE

Article 6(1)(b)

Date: 15/04/2026

In electronic form on the EUR-Lex website under document number 32026M12343

EUROPEAN COMMISSION DG Competition

Brussels, 15.4.2026 C(2026) 2595 final

PUBLIC VERSION

VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe Schottenring 30, P.O. Box 80 1011 Vienna Austria

Subject: Case M.12343 - VIG / NÜRNBERGER Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004 ( ) and Article 57 of the Agreement on the European 1 Economic Area ( ) 2

Dear Sir or Madam, (1) On 18 March 2026, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation, by which VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe ('VIG', Austria), controlled by Wiener Städtische Versicherungsverein - Vermögensverwaltung (Austria), will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of NÜRNBERGER Beteiligungs-AG ('NÜRNBERGER', Germany) by way of a public bid announced on 16 October 2025 and through the purchase of shares under separate contracts on the same terms. ( ) 3 (2) The business activities of the undertakings concerned are the following: - VIG: life insurance, non-life insurance and re-insurance with a focus on Eastern and Central Europe, - NÜRNBERGER: life insurance and non-life insurance and (minor activities in) re-insurance with a focus on Germany.

() OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty 1 on the Functioning of the European Union ('TFEU') has introduced certain changes, such as the replacement of 'Community' by 'Union' and 'common market' by 'internal market'. The terminology of the TFEU will be used throughout this decision. () OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement'). 2() OJ C, C/2026/1935, 27.3.2026. 3

EUROPEAN COMMISSION

(3) After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(d) of the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004. ( ) 4 (4) For the reasons set out in the Notice on a simplified treatment, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

For the Commission

(Signed) Anthony WHELAN Director-General Directorate-General for Competition

() OJ C 160, 5.5.2023, p. 1 (the 'Notice on a simplified treatment'). 4