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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

Condition Report 31 December 2024 Page 14 of 93 Monument Group: PUBLIC ▪ On 15 December 2021, MAB carried out the transfer of the branch 21 and 23 life insurance portfolio, and co-insurance contracts and the reinsurance contracts concerning those branches... number 0478.291.162 and is licensed by the National Bank of Belgium (“NBB”) to offer branch 21, branch 22, branch 23 and branch 26 life policies, and branch 1a non-life policies. MAB has not underwritten new business since 2012 and can thus be

to MAB: (i) classic life insurance contracts in branches 21 and 22 (without flexible premium) including the supplementary insurances herewith, (ii) life insurance contracts in branch 21 and non-life insurance contracts in branch 1 under the title... insurance company incorporated in Belgium under registered number 0478.291.162 and is licensed by the National Bank of Belgium (“NBB”) to offer branch 21, branch 22, branch 23 and branch 26 life policies, and branch 1a non-life policies. MAB has not

) classic life insurance contracts in branches 21 and 22 (without flexible premium) (including the supplementary insurances herewith, (ii) life insurance contracts in branch 21 and non- life insurance contracts in branch 1 subscribed by Family Protect NV... Belgium NV (“MAB”). MAB is a life insurance company incorporated in Belgium under registered number 0478.291.162 and is licensed by the National Bank of Belgium (“NBB”) to offer branch 21, branch 22, branch 23 and branch 26 life policies, and branch 1a

renamed Monument Assurance Belgium NV (“MAB”). MAB is a life insurance company incorporated in Belgium under registered number 0478.291.162 and is licensed by the National Bank of Belgium (“NBB”) to offer branch 21, branch 22, branch 23 and branch 26 life policies, and branch 1a non-life policies. MAB has not underwritten new business since 2012 and can thus be considered a closed book company. The Company was originally authorized in 2002 to carry out life insurance activity, whether or not

Bank of Belgium (“NBB”) to offer branch 21, branch 22, branch 23 and branch 26 life policies. MAB has not underwritten new business since 2012 and can thus be considered a closed book company. The Company was originally authorized in 2002 to carry out life insurance activity, whether or not linked to investment funds, with the exception of dowry and birth insurance (branch 21). In addition, permission was also granted to carry out the following activities: life, dowry and birth insurance in