SCOR (SCR) AGM 2026 summary

Opening remarks and agenda

• The meeting was opened by the chair, welcoming shareholders, board members, and committee chairs, and confirming the presence of candidates for new board directors.

• The bureau was constituted, with tellers and the secretary appointed, and the meeting was declared properly constituted with a quorum of 70.99% of voting rights represented.

• The agenda included presentations from the CEO, committee chairs, statutory auditors, and a Q&A session with shareholders.

Financial performance review

• Net income reached a record EUR 855 million in 2025, the highest ever, with all activities contributing.

• Solvency ratio increased to 215%, above the target range, and economic value rose by 13.7%.

• Equity yield was 19.1%, surpassing the Forward 2026 objective of 12%.

• P&C combined ratio was below 87%, and Life technical result exceeded EUR 450 million.

• Dividend proposed at EUR 1.82, up 5.6% from previous years, with a new floor set at EUR 1.90.

Board and executive committee updates

• Two new independent directors were proposed, with succession planning underway for outgoing members.

• The Executive Committee was recently renewed, emphasizing technical and human caliber.

• CEO Thierry Léger’s mandate was renewed for three years, with a proposed 10% compensation increase.