Executive Board and Supervisory Board propose dividend of 32 cents to shareholders

• MLP Annual General Meeting opened at the Rosengarten Mannheim

Mannheim, June 6, 2013 – The Annual General Meeting of MLP AG began at the Rosengarten Mannheim at 10.00 a.m. today. In his opening speech, Dr. Uwe Schroeder-Wildberg, Chief Executive Officer at MLP, drew a positive conclusion of the past financial year: "MLP performed well in 2012, even in difficult markets. Positive factors here were the diversification of our revenue base and the significant increase of our earning power." Key measures contributing to the further development of the business model were the expansion of the wealth management and occupational pension business. Moreover, MLP was able to reduce its administration costs by EUR 60 million since 2008. "We have thus laid the foundation for our high profitability in 2012 and beyond," continued Uwe Schroeder-Wildberg.

In addition, the CEO also addressed the current discussion regarding life and pension insurance: "Life insurance providers have pulled through the financial crisis very well and we see no indication that they cannot keep their guarantee promises. There is no alternative to more provision, which also means there is no alternative to life and pension insurance." Unfortunately, over the last few years the industry has failed to suitably illustrate the added value of this product, he continued. "Many players in the market have talked too much about yields and not enough about the actual insurance benefits: lifelong pension payments."

On the basis of the successful business development, MLP is continuing its reliable dividend policy. The Executive Board and Supervisory Board propose a dividend of 32 cents per share. This corresponds to a total dividend payout of approximately EUR 34.5 million. In the previous year, MLP distributed 30 cents from current business and a further 30 cents on the basis of liquidity not required for the operating business.

Alongside the dividend, the shareholders will today vote on the composition of the Supervisory Board. Current members Dr. Peter Lütke-Bornefeld, company founder Dr. h. c. Manfred Lautenschläger, Johannes Maret and Dr. Claus-Michael Dill are standing for election as shareholders' representatives. The table below provides an overview of all agenda items.

• Submissions to the Annual General Meeting pursuant to §§ 176 (1) sentence 1, 175 (2) of the German Stock Corporation Act
• Resolution concerning the use of unappropriated profit as per December 31, 2012
• Resolution on the discharge of the members of the Executive Board for the financial year 2012
• Resolution on the discharge of the members of the Supervisory Board for the financial year 2012
• Appointment of the auditor for the financial statements and the consolidated financial statements for the financial year 2013 and for a review of the semi-annual financial report 2013
• a. The appointment of KMPG AG Wirtschaftsprüfungsgesellschaft, Berlin, Germany, as auditor and Group auditor for the financial year 2013
• b. KPMG AG Wirtschaftsprüfungsgesellschaft, Berlin, Germany, will also be commissioned to review the condensed financial statements and the interim management report pursuant to §§ 37w (5), 37y No. 2 of the German Securities Trading Act (WpHG) for the financial year 2013
• Resolution on the authorisation to buy back and use own shares with exclusion of subscription rights
• Resolution on the authorisation to make use of equity derivatives within the scope of purchasing own shares
• Supervisory Board elections

Note: Following the conclusion of the Annual General Meeting we will issue a press release informing you of the election results.

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