21 Events after the Reporting Period

As approved by the shareholders at the Annual General Meeting of Swiss Life Holding Ltd on 7 May 2009, a reduction in par value of CHF 5 per registered Swiss Life Holding share was effected in 2009. The payout took place on 27 July 2009. The Annual General Meeting of Shareholders of 7 May 2009 also authorised the Board of Directors to cancel the 3 003 500 Swiss Life Holding shares bought back through a second trading line as part of the share buyback programme. Following the reduction in par value and the share cancellation, Swiss Life Holding’s share capital stands at CHF 384 972 648.

The Swiss Life Group announced the sale of its French subsidiary L’Européenne d’Assurance Transport (CEAT) in June 2009. The transaction is expected to be completed in the second half of 2009.