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Appendix<br />

Investor & Rating Agency <strong>Re</strong>lations’ Mission<br />

<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong><br />

Investor & Rating Agency <strong>Re</strong>lations is a central function responsible for <strong>Munich</strong> <strong>Re</strong>'s communication<br />

with the capital market. Its main objective is an active communication to support a fair capital-market<br />

valuation of <strong>Munich</strong> <strong>Re</strong> shares and outstanding bonds.<br />

External communication... Internal communication...<br />

... should increase the transparency of <strong>Munich</strong><br />

<strong>Re</strong>'s recent financial performance, strategy<br />

and its expectations about future<br />

perspectives, while complying with the<br />

principles of a credible, accurate, complete<br />

and timely provision of relevant information.<br />

... has the goal of achieving a fair valuation and<br />

optimising p gthe cost of capital p by y increasing g<br />

information efficiency between <strong>Munich</strong> <strong>Re</strong><br />

and the financial community and developing<br />

a relationship of trust with our investor base.<br />

... entails the transmission of investors' and<br />

creditors' demands, and the capital markets'<br />

perception of <strong>Munich</strong> <strong>Re</strong>, to management<br />

and staff.<br />

... aims to support management in the setting<br />

of ambitious targets as well as in the<br />

execution of a value-based and shareholderoriented<br />

strategy. gy<br />

Investor & Rating Agency <strong>Re</strong>lations facilitates targeted, systematic and ongoing communication between<br />

current and potential investors, financial analysts and rating agencies on the one hand, and <strong>Munich</strong> <strong>Re</strong>'s<br />

senior management on the other, with the aim of enhancing <strong>Munich</strong> <strong>Re</strong>'s visibility and attractiveness in the<br />

international financial community.<br />

Appendix<br />

Financial calendar<br />

7 October 2008 Investors' Day on life reinsurance, London<br />

7 November 2008 Interim report as at 30 September 2008<br />

3 March 2009<br />

Balance sheet press conference for 2008 financial statements (preliminary figures)<br />

Analysts' conference, <strong>Munich</strong><br />

22 April 2009 Annual General Meeting<br />

23 April 2009 Dividend payment<br />

6 May 2009 Interim report as at 31 March 2009<br />

4 August 2009 Interim report as at 30 June 2009; Half-year Half year press conference<br />

5 November 2009 Interim report as at 30 September 2009<br />

<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> – October 2008<br />

58<br />

<strong>Munich</strong> <strong>Re</strong> <strong>Group</strong> – October 2008<br />

59

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