Questions and answers regarding registration
Every shareholder may attend the Annual General Meeting in person provided the shareholder has given notice to the Company of his or her intention to participate not later than 10 April 2008, and is entered in the Munich Re register of shareholders. The shareholder can then order an admission card for the AGM either directly online or with the written registration form. Where several persons (e.g. married couples) are joint holders of the shares, we will gladly issue two admission cards.
You may place your order for admission cards online (www.munichre.com/agm). For this, you need your shareholder number and the relevant access code, which you received with your invitation to the AGM, or your password if you are already registered. Admission cards may be ordered online up to 10 April 2008 (24.00 hrs CEST). The admission cards will be dispatched as from 1 April 2008.
If you order cards in writing by means of the registration form, please tick 1a in Section 1 "Request for admission cards" and sign at the bottom of the form. The original form should be returned in the stamped addressed envelope to:
Münchener Rückversicherungs-Gesellschaft
GL1.2 — Hauptversammlung
80791 München
Germany
We must receive your order by 10 April 2008. The admission cards will be dispatched as from 1 April 2008.
As last year, we are offering you the opportunity to authorise neutral proxies nominated by the Company and bound solely by your instructions to exercise your voting rights. This proxy may be appointed and instructed either online or in writing by completing and returning the registration form sent to shareholders.
If you want to authorise and issue instructions to a proxy online, you need your shareholder number and your access code, which you received with the invitation to the AGM, or your password if you are already registered. Proxies may be authorised online up to 10 April 2008 (24.00 hrs CEST). Instructions given to the proxy online up to 10 April 2008 may be changed during the AGM up to the end of the general debate.
Should you be undecided as to whether you wish to attend in person or whether you wish to authorise a proxy, we recommend that you first authorise either of the proxies nominated by the Company. You can always change your decision later and order an admission card.
Please tick the relevant box in Section 2 "Power of attorney and instructions" on the registration form and issue your instructions, if any. Use the back of the form if you want to give individual instructions. Sign the form and send it in the enclosed stamped addressed envelope to:
Münchener Rückversicherungs-Gesellschaft
GL1.2 - Hauptversammlung
80791 München
Germany
As in the past, you may authorise a bank (tick 2b), provided they offer such a service, a shareholders' association (tick 2b) or person of your choice (tick 1b) to exercise your voting rights.
Munich Re shareholders can follow the whole AGM on 17 April 2008 live on the internet.
Shareholders entered in Munich Re's shareholders' register on 13 March 2008 will be sent an invitation to the AGM directly on 25 March 2008, together with the agenda and the registration forms. New shareholders entered in the shareholders' register between 13 March 2008 and 3 April 2008 will also be sent the documents directly in a second mailing. We regret that we will be unable to write to new shareholders notified for entry in the shareholders' register after 3 April 2008. Provided that you are included in our shareholders' register by 10 April 2008 and have registered with us by that date, we will be glad to issue an admission card on request.
Please contact your bank and ask when they arranged to have you entered in the shareholders' register.
Registrations can be submitted up to 10 April 2008 at the latest, i.e. this is the date registrations must have been received by Munich Re.
The shares entered in the shareholders' register in the name of the shareholder on 10 April 2008 (24.00 hrs) are material for exercising attendance and voting rights.
The sale or purchase of Munich Re shares is unaffected by the registration for the AGM. There is no day of deposit or block on sales.
Even if a shareholder has registered for the AGM, any sales or purchases in a shareholder's portfolio reported to the shareholders' register will be considered up to 10 April 2008 and admission cards already issued duly updated at the entrance to the AGM. The shares entered in the shareholders' register in the name of the shareholder on 10 April 2008 (24.00 hrs) are material for exercising attendance and voting rights.
You can find countermotions on the internet. These are posted on the website as soon as we receive them. Any comments from the Board of Management will be posted subsequently. Following amendment by the German Transparency and Public Disclosure Act of 19 July 2002, the German Stock Companies Act no longer requires this information to be mailed to all shareholders in printed form.
Countermotions which we receive by 3 April 2008, 24.00 hrs, at the following address
Münchener Rückversicherungs-Gesellschaft
GL1.2 — Hauptversammlung
80791 München
Germany
(Fax: +49 (89) 38 91-45 15)
or by e-mail at
shareholder@munichre.com
will be published solely on our internet website. Motions sent to any other address cannot be considered. The German Stock Companies Act no longer requires this information to be mailed in printed form. Any comments by the Supervisory Board and the Board of Management on such proposals will also be published at the above-mentioned internet address.
Questions and answers regarding attendance
Pictures and recordings are not permitted during the AGM to protect the personal rights of participants. Unfortunately, you will have to hand over all cameras, video cameras, dictating machines, and cassette recorders before entering the AGM. The items will be kept in a safe place for you and returned when you leave.
Mobile phones can be taken into the AGM. Please note, however, that you are not permitted to use your mobile phone to take pictures or make recordings at the AGM. Further, to avoid disturbing other attendees, you are asked to activate your phone only in the foyers.
If you wish to speak at the meeting, you need to complete the notification slip which you receive at the meeting room. We would ask you to complete the slip at the beginning of the AGM if possible, and then hand it in at the notification desk. Further slips can be obtained at this desk if necessary. You will find more detailed information in the organisational notes which will be given to you at the entrance to the AGM.
You may leave the AGM before the end. If you want your voting rights to be exercised after you have left, you can authorise another participant or proxies appointed by Munich Re to exercise them for you. In this case, please complete the second but last card of your voting card pad and hand it in when leaving the AGM. Do not forget to issue explicit instructions because otherwise the proxy will not be able to vote on your behalf.
If you want to authorise another person present at the AGM to vote on your behalf, please fill in the authorisation card (third but last card) of your voting card pad and hand it in at the exit. Please give the voting card pad to the person you have entrusted to vote on your behalf.
If you do not give any authorisation in this way, your votes will be registered as no longer present at the meeting and will not take part in the subsequent voting.
Questions and answers regarding organisation
Munich Re's 121th Annual General Meeting will take place at the ICM — International Congress Center Munich, Messegelände, München-Riem, at 10 a.m. on Thursday, 17 April 2008. The entrances to the ICM will be open from 8.30 a.m. You can find a map of how to get there
by clicking here.
This year, Munich Re shareholders will again have the opportunity to follow the AGM live on the internet. With the access code and shareholder number sent to you along with the invitation, you can access the transmission from around 10 a.m. on 17 April 2008 via the "Shareholder Portal" (
www.munichre.com/register) dialog.
The reports by the Chairman of the Supervisory Board, Dr. Hans-Jürgen Schinzler, and the Chairman of the Board of Management, Dr. Nikolaus von Bomhard, will be transmitted live from around 10.00 a.m. on 17 April 2008 and will be publicly accessible. Afterwards they will be available as a recording. The rest of the AGM will not be recorded.
Please use our shareholder portal at
www.munichre.com/register to change your address (under "Shareholders' Register").
You can also make the changes known to us by calling our shareholders' hotline at
+49 (0 18 02) 22 62 10 (6 cents per call — Deutsche Telekom)
or by sending an e-mail to
shareholder@munichre.com
or by returning the letter of invitation section "Change of address" in the stamped addressed envelope provided.
Should the change concern the person(s) entitled to the shares (e.g. inheritance, divorce or the like), we would ask you to inform us of such instances only through your depositary bank. For technical reasons, such changes can be initiated only through your depositary bank.
The Supervisory Board and Board of Management will propose that for the business year 2007 the AGM approve payment of a dividend of €5.50 (previous year: €4.50) on every share entitled to dividend.
For shares which are in a giro transfer system for securities and held in custody by a German bank, the dividend will be transferred on 18 April 2008 to the shareholder's account.