Release of a Notification of Major Holdings of 23.12.2015

2015/12/23

WKN 843002
ISIN DE0008430026
(Citi)

1. Details of issuer

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Königinstraße 107
80802 München
Germany

2. Reason for notification

Acquisition/disposal of shares with voting rights
Acquisition/disposal of instruments

3. Details of person subject to the notification obligation

Name:
Citigroup Inc.

City and country of registered office:
Wilmington, Delaware
United States of America (USA)

4. Names of shareholder(s)

holding directly 3% or more voting rights, if different from 3.
N/A

5. Date on which threshold was crossed or reached

17.12.2015

6. Total positions

% of voting rights attached to shares (total of 7.a.) % of voting rights through instruments (total of 7.b.1 + 7.b.2) total of both in % (7.a. + 7.b.) total number of voting rights of issuer
Resulting situation 0.30% 4.59% 4.88% 166,843,961
Previous notification 0.13% % 9.84%

7. Details of the resulting situation

a. Voting rights attached to shares (Sec.s 21, 22 WpHG)

ISIN absolute in %
direct (Sec. 21 WpHG) indirect (Sec. 22 WpHG) direct (Sec. 21 WpHG) indirect (Sec. 22 WpHG)
DE0008430026 496.025 % 0.30%
Total 496.025 0.30%

b.1. Instruments according to Sec. 25 Abs. 1 Nr. 1 WpHG

Type of instrument Expiration or maturity date Exercise or conversion period Voting rights absolute Voting rights in %
Listed Option 18.12.2015 4,354,000 2.61%
Listed Option 18.03.2016 7,900 0.005%
Listed Option 17.06.2016 6,200 0.004%
Listed Option 16.12.2016 18,600 0.01%
Warrant 11.01.2016 148 0.00009%
Warrant 14.03.2016 1,250 0.0007%
Warrant 11.07.2016 135 0.00008%
Warrant 15.08.2016 700 0.0004%
Warrant 12.12.2016 10,646 0.006%
Total 4,399,579 2.64%

b.2. Instruments according to Sec. 25 Abs. 1 Nr. 2 WpHG

Type of instrument Expiration or maturity date Exercise or conversion period Cash or physical settlement Voting rights absolute Voting rights in %
OTC Swap 24.10.2016 Cash 173,604 0.10%
OTC Swap 23.09.2016 Cash 439 0.0003%
OTC Swap 07.12.2016 Cash 169 0.0001%
OTC Swap 20.01.2017 Cash 1.924 0.001%
OTC Option 18.12.2015 Physical 3,031,903 1.82%
OTC Option 16.12.2016 Cash 21,123 0.01%
OTC Option 17.06.2016 Physical 9,264 0.006%
OTC Option 15.12.2017 Cash 13,449 0.008%
Total 3,251,875 1.94%

8. Information in relation to the person subject to the notification obligation

Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:
Name % of voting rights (if at least held 3% or more) % of voting rights through instruments (if at least held 5% or more) Total of both (if at least held 5% or more)
Citigroup Inc. % % %
Citigroup Global Markets Holdings Inc. % % %
Citigroup Financial Products Inc. % % %
Citigroup Global Markets Europe Limited % % %
Citigroup Global Markets Limited % % %

9. In case of proxy voting according to § 22 Abs. 3 WpHG