Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details ISIN GB00B02J6398 Issuer Name ADMIRAL GROUP PLC UK or Non-UK Issuer UK 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification obligation Name Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München City of registered office (if applicable) München Country of registered office (if applicable) Deutschland 4. Details of the shareholder

Name City of registered office Country of registered office
MR Beteiligungen UK AG & Co. KG Grünwald Germany

5. Date on which the threshold was crossed or reached 29-Oct-2021 6. Date on which Issuer notified 29-Oct-2021 7. Total positions of person(s) subject to the notification obligation

. % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached 4.990000 0.000000 4.990000 14947781
Position of previous notification (if applicable) 9.996000 0.000000 9.996000  

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached 8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1)
GB00B02J6398 14947781   4.990000  
Sub Total 8.A 14947781 4.990000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument Expiration date Exercise/conversion period Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights
         
Sub Total 8.B1      

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights
           
Sub Total 8.B2      

9. Information in relation to the person subject to the notification obligation 2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person Name of controlled undertaking % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München MR Beteiligungen AG      
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München MR Beteiligungen UK AG & Co. KG 4.990000   4.990000%

10. In case of proxy voting Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held 11. Additional Information

12. Date of Completion 29-Oct-2021 13. Place Of Completion Munich, Germany

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