Report on Relations Among Related Parties in the Accounting Period 2015

Company Česká pojišťovna a.s., incorporated in the Commercial Register maintained by the Municipal Court in Prague, Part B, insert 1464 on May 1, 1992 as a joint-stock company (ID number 45272956) with registered office at Prague 1, Spálená 75/16, postcode 113 04 (the “Company”), is obligated to compile, for the accounting period 2015, a so-called “Report on Relations among Related Parties” pursuant to Section 82 of Act No. 90/2012 Sb. (the Business Corporations Act), as amended.

As at 31 December 2015 the Company’s sole shareholder was CZI Holdings N.V., registered office Diemerhof 32, 1112XN, Diemen, the Netherlands (controlling party). Financial statements of Česká pojišťovna a.s. are included in the consolidated financial statements of the Generali CEE Holding B.V., and Assicurazioni Generali S.p.A., Italy, which is the ultimate parent company (the “Generali Group”).

Controlling persons in Generali Group execute their control by exercising their voting rights on shareholders meetings.

Structure of the group and position of the Company is presented in the separate section of the Annual Report.

• With Assicurazioni Generali S.p.A. registered office: Piazza Duca degli Abruzzi, 2, Italy, entered into:

• reinsurance contracts

• With CZI Holdings N.V. registered office: Diemerhof 32, 1112XN, Diemen, Netherlands, entered into:

• agreement on purchase of shares of ČP INVEST investiční společnost, a.s.

• With Česká pojišťovna ZDRAVÍ a.s. registered office: Na Pankráci 1720/123, Nusle, 140 21 Praha 4, entered into:

• agreements on the cost sharing and amendments to the agreements
• amendment to the rental agreement
• amendment to the agreement on sales cooperation
• reinsurance contract
• agreement on the assignment of rights and liabilities of Generali Development s.r.o.

• With ČP ASISTENCE s.r.o. registered office: Na Pankráci 1658/121, Nusle, 140 00 Praha 4 entered into:

• insurance contract

• With Direct Care s.r.o. registered office: Na Pankráci, 1658/121, Nusle, 140 00 Praha 4 (the acquiring company from the merger dated January 1, 2015 with ČP DIRECT, a.s.), entered into:

• termination of agreements on the cooperation in renting of replacement vehicles
• framework agreement on the cost sharing
• agreement on the rental contract termination
• agreement on providing an extraordinary commission

• With ČP INVEST investiční společnost, a.s. registered office: Na Pankráci 1658, Nusle, 140 21 Praha 4 (since January 1, 2016 was renamed Generali Investments CEE, investiční společnost, a.s.), entered into:

• framework agreement on the cost sharing
• agreements on the rental contract termination
• agreement on the loyalty bonus
• agreement on the assignment of rights and liabilities of Generali Development s. r. o.
• insurance contract

• With Europ Assistance s.r.o. registered office: Na Pankráci 1658/121, Nusle, 140 00 Praha 4, entered into:

• amendment to the rental contract on sublease of business premises

• With Generali Biztosító Zrt. registered office: 1066 Budapest, Teréz krt. 42–44., entered into:

• agreements on the assignment of rights and liabilities of Generali Development s.r.o.

• With Generali CEE Holding B.V., registered office: Na Pankráci 1658/121, Nusle, 140 21 Praha 4 (till March 3, 2015 Generali PPF Holding B.V.), entered into:

• framework agreement on the cost sharing
• amendments to the rental contracts

• With Generali Development s.r.o. registered office: Bělehradská 132, Vinohrady, 120 84 Praha 2, entered into:

• insurance contract
• agreements on the rental contract termination
• agreements on the assignment of rights and liabilities

• With Generali Infrastruture services Czech Branch, registered office: Bělehradská 299/32, Vinohrady, 120 84 Praha 2, entered into:

• framework agreement on the cost sharing and amendment to the agreement
• amendments to the rental contract

• With Generali Insurance AD registered office: 68 Knyaz Al. Dondukov Blvd., Sofia, entered into:

• reinsurance contracts

• With Generali Investments CEE, a.s. registered office: Na Pankráci 1658/121, Nusle, 140 21 Praha 4 (since January 1, 2016 after the merger with ČP Invest, investiční společnost a.s. was renamed Generali Investments CEE, investiční společnost, a.s.), entered into:

• agreement on the assignment of receivables
• amendments to the assets management contract
• rental contracts and amendments to the rental contracts
• insurance contracts

• With Generali Life Insurance AD registered office: 68 Knyaz Al. Dondukov Blvd., Sofia, entered into:

• agreement on the assignment of rights and liabilities of Generali Development s.r.o.

• With Generali osiguranje d.d. registered office: Bani 110, Zagreb, 100 10, Croatia, entered into:

• reinsurance contract

• With Generali Poisťovňa, a.s. registered office: Lamačská cesta 3/A, 841 04 Bratislava, entered into:

• operation and maintenance support agreement “EARNIX”
• reinsurance contract

• With Generali Pojišťovna a.s. registered office: Bělehradská 132, Vinohrady, 120 84 Praha 2, entered into:

• reinsurance contracts
• coinsurance contract
• insurance contracts
• amendment to the framework agreement on the outsourcing
• agreement on the cooperation in the sale of consumer and mortgage loans
• framework agreements on the cost sharing and amendments to the agreement
• implementation agreements on the cost sharing of IT and non-IT technologies
• framework agreements on sharing costs while ensuring significant activities
• agreement on sharing development and operational capabilities
• rental contract and amendments to rental contracts

• With Generali Real Estate S.p.A. Czech Branch registered office: Václavské náměstí 823/33, Nové Město, 110 00 Praha 1, entered into:

• rental contract
• agreement on cooperation – life insurance
• insurance contract

• With Generali Services CEE a.s. registered office: Na Pankráci 1720/123, Nusle 140 21, Praha 4 (till December 31, 2014 Generali PPF Services a.s.), entered into:

• amendments to the framework agreement on the outsourcing
• rental contracts and amendments to the rental contracts
• insurance contracts
• amendment to the agreement on the cost sharing

• With Generali Towarzystwo Ubezpieczeń S.A. registered office: ul. Postępu 15B 02-676 Warszawa, entered into:

• agreement on the assignment of rights and liabilities of Generali Development s.r.o.
• reinsurance contract
• agreement on the purchase of an organised part of the enterprise, Proama insurance portfolio transfer
• rental contract
• agreement on the claims settlement

• With Generali Zavarovalnica d.d. Ljubljana registered office: Kržičeva 3, Ljubljana, entered into:

• reinsurance contract

• With Generali Życie Towarzystwo Ubezpieczeń S.A. registered office: ul. Postępu 15B, 02-676 Warszawa, entered into:

• rental contract

• With Generali-Providencia Biztosító Zrt. registered office: Teréz Krt 42-44, entered into:

• reinsurance contract

• With GP Reinsurance EAD registered office: 68 Knyaz Al. Dondukov Blvd., Sofia, entered into:

• reinsurance contracts

• With Nadace GCP registered office: Na Pankráci 1658/121, Nusle, 140 21 Praha 4 (till February 2, 2015 Nadace České pojišťovny), entered into:

• donation agreement

• With OJSIC Ingosstrakh registered office: 41 Lesnaya St., Moscow, 127 994 Russia entered into:

• reinsurance contract

• With PALAC KRIZIK a.s. registered office: Radlická 608/2, 150 23 Praha 5, entered into:

• amendment to the loan agreement

• With Penzijní společnost České pojišťovny a.s. registered office: Na Pankráci 1720/123, Nusle, 140 21 Praha 4 entered into:

• framework agreement on the cost sharing and amendments to the agreement
• implementation agreement on sharing of IT technologies for operation of application Kofax
• agreement on the termination of the agreement on the cost sharing of IT and non-IT technologies

• With REFICOR s.r.o. registered office: Na Pankráci 1658, Nusle, 140 21 Praha 4, entered into:

• agreement on the rental contract termination
• agreement on the remuneration for the services provided
• framework agreement on costs sharing

• With SC GENERALI ROMANIA ASIGURARE REASIGURARE SA registered office: Bucuresti, Piata Charles de Gaulle, nr. 15, etaj 6, Sector 1, Cod Poştal 011857 Romania, entered into:

• agreement on the assignment of rights and liabilities of Generali Development s.r.o.

• With ZAD Victoria AD registered office: 65, Ekzarh Iosif Street, Region of Oborishte, Sofia, entered into:

• reinsurance contracts

All of the above contracts were entered into under arm’s length terms. Provision of an interest free loan to a subsidiary is in this case also considered to be an arm’s length transaction. Arm’s length terms apply to all performance and consideration provided and received under the above disclosed contracts and contracts signed in previous periods, reported in previous Reports on Relations and still valid in the current accounting period, and none of the contracts caused any harm to the Company. There are neither particular advantages or disadvantages nor an additional risk resulting from the concluded contracts to the Company.

A settlement of the above listed contracts is in a form of a payment of an agreed price for goods or a service provided and is considered to be business secret.

Within the Generali Group the Company cooperates on group projects and policies. No harm has been caused to the Company when cooperating on these group activities.

No measures or other legal acts were taken by the Company in the current accounting period in the interest or at the instigation of any related parties which would involve property which exceeds 10% equity of the Company identified in the latest financial statements.

The statutory body hereby declares that this report was compiled with due care and that the information contained herein is sufficient, accurate and complete. In accordance with its duties resulting from the act the Company will publish its Annual Report of which an integral part will be this Report on Relations.

Prague, 31 March 2016