Notice to Citizens of the United States, Canada, Australia and Japan

This publication does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for any securities. This publication and the information contained therein is not for distribution or publication, neither directly nor indirectly, in or into the United States of America, Canada, Australia or Japan. This publication does not constitute an offer for sale of any securities into the United States. Securities may not be offered or sold in the United States unless they are registered under the Securities Act of 1933 as amended or are exempt from registration. Gothaer Allgemeine Versicherung AG does not intend to register a prospective offer, or any part thereof, in the United States or to make a public offer of securities in the United States.