Sava Re's Supervisory Board reappointed Marko Jazbec, whose five-year term of office expires on 12 May 2022, as the Chairman of the Management Board for a further term. The new five-year term starts on 13 May 2022.

Davor I. Gjivoje Jr, chairman of the supervisory board, stated: "The supervisory board believes that under the chairmanship of Marko Jazbec the management of the Company is working well and is making very good progress on its strategy. Despite the challenging situation in capital markets, both Sava Re and the Sava Insurance Group, under Mr. Jazbec's leadership, to-date have delivered excellent, and even arguably exceptional, results. With preparations for the 2023-2027 strategy already underway, the supervisory board believes that the reappointment of Mr. Jazbec will ensure continuity and continued excellence in the development of the Company and the Group."

Marko Jazbec took up the leadership of Sava Re in May 2017. He has years of experience in senior and top management positions, notably at the Bank of Slovenia; SKB banka, d.d.; Droga Kolinska, d.d.; Intereuropa, d.d.; NLB, d.d.; and Hoteli Bernardin, d.d. Until mid-July 2016, he headed up Slovenian Sovereign Holding, d.d. During his career, Marko has gained valuable experience in the corporate governance of banks and other companies, and significant expertise in asset management, risk management, treasury finance, corporate finance and corporate banking. Marko holds a degree in economics from the University of Ljubljana.