benefit

When a life insurance policy is subject to capital gains tax, the tax is due as soon as a capital gain is realized upon surrender or upon the payment of the death benefit at the end of the policy term.If the policy is paid out following the death of the insured, the beneficiaries under the death benefit clause do not have to pay any capital gains tax on the realized gains. It goes without saying, however, that inheritance tax may still be due in accordance with applicable law.

A 10% tax applies to capital gains realized upon surrender or maturity of certain life insurance policies. More specifically, the following policies are affected: Branch 21 savings insurance: for which the eight-year term has expired with death benefit coverage of at least 130% of the premiums paid Branch 23 investment insurance policies Investment insurance policies combining Branch 21 and Branch 23, also known as Branch 44. If a Branch 21 or 26 policy (capitalization transaction) is subject

) they are or could potentially be in a position to derive personal benefit from actions or decisions made in their capacity as a staff member, director or other person acting on behalf of the Company, which in turn leads to a material risk of damage... of aims of an individual are or might become incompatible with those of Monument or when (ii) they are or could potentially be in a position to derive personal benefit from actions or decisions made in their capacity as a staff member, director or

as a long term partner in employee benefit segment. st Solvency and Financial Condition Report 31 December 2022 Page 15 of 93 Monument Group: PUBLIC ▪ The year 2022 was marked by a volatile macroeconomic environment with interest rate rise

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2024 8 April 2025 MoMonumnumeennt Gt Grrooup:up: P PUUBBLILICC Table of Contents Samenvatting ............................................................................................................................... 5 Executive Summary .................................................................................................................... 13 A. Business and Performance ............................

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2023 8 April 2024 MMononuumentment GrGroouupp:: PUBPUBLICLIC Table of Contents Samenvatting............................................................................................................................. 5 Executive Summary .................................................................................................................. 13 A. Business and Performance ...................................

Type Types Policies EUR) BEGAAP Universal Life N/A 22,620 474 Traditional Life N/A 4,831 204 10,919 187 N/A Defined Benefit Defined Contribution 165,036 1,416 N/A (without sector plans) 64,159 218 Defined Contribution - N/A sector plans N/A Cash

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2025 8 April 2026 MMoonumnumeenntt G Grrooup:up: P PUUBBLLIICC Table of Contents Samenvatting............................................................................................................................. 3 Executive Summary .................................................................................................................. 12 Business and Performance ....................................