If you take a read more carefully the Eurocode, it says "2% annually".
That should be translated that in a full year, there is only a 2% chance to get to that wind level. So one simple way to think about this is that there is one chance in 50 years for that failure to occur (which is considered a reasonable scenario.
The more correct mathematical way is that, if there is a chance of 2% in a year to exceed that wind, then the annual chance is 98%. Since, the chance in a year is statistically independent from the next year, then the chance of not exceed the wind speed for 10 years would be equal to $0.98^n$. So, the chance that the wind would be exceeded (in a 10 min average) once after 10 years is equal to $1-0.98^{10}=18\% (approx 20\%)$, after 20 years it increases to $33\%$, and after 35 years there is approximately a $50\%$ to get a 10-min average gust.
Gust factor
Also keep in mind that this is a gust of wind is measured in an average of 10 minutes (there are approximately 50000 10-minutes is year).
When you take the average of a 10 minutes, then you know that somewhere in the 10-minute there are higher values. Usually, they measure an average of 3s for a gust, and even then the wind speed (depending on a multitude of factor, surface roughness, height from ground, location, surrounding topology ), the gust factor to convert a 10 min value to a 3 second value is in the order of 1.5 to 2. So a 10 minute average gust of 100 kph, probably has within it a gust wind of about 150 to 200kph (which is insanely high), since the load load quadruples if you
double the wind speed.
accidental actions
Additionally, the wind (as snow and fire) are considered chance(/accidental I am not sure about the translations) actions, and as such they get combined with the dead loads and the other actions.
If I remember correctly (from the top of my head - this is for illustration purposes), if determine a load of $P_D$ for dead load, $P_W$ for wind and $P_S$ for snow you'd need to perform checks for the following combinations (for a class of structures):
- Only dead loads: $150\% P_D$
- Only dead loads and wind: $100\% P_D + 100\% P_W$
- Only dead loads and snow: $100\% P_D + 100\% P_S$
- Only dead loads wind as a primary action and snow as secondary: $100\% P_D + 90\% P_W + 20\%P_W$
- Only dead loads wind as a primary snow and wind as secondary: $100\% P_D + 90\% P_S + 20\% P_W$
The above percentages are for illustration purposes only (I'll try to find the correct combinations but it will take me a while).