Co-determination agreement - Preamble

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Co-Determination Agreement

Also applicable to Munich Reinsurance Company is a co-determination agreement concluded pursuant to the German Act on the Co-Determination of Employees in Cross-Border Mergers (MgVG) of 12 December 2008 in the version dated 15 December 2017.

The principle of parity co-determination on the Supervisory Board has been upheld in the co-determination agreement, and strengthened by taking into account staff employed in the rest of Europe.

With regard to the likely exit (Brexit) of the United Kingdom from the European Union and the European Economic Area, a supplement (Protokollnotiz) to the Co-determination Agreement for Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (dated 8/15 December 2017) was concluded in July 2019.

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