continued

Company continued to perform and run-off in line with expectations. Performance metrics continue to report as anticipated. st Solvency and Financial Condition Report 31 December 2021 Page 14 of 77 Monument Group: PUBLIC The main challenges for the... in Spain, Germany and France. MAB Portfolio The MAB/AALCB portfolio continued to perform and run off in line with expectations. The performance metrics continue to report as anticipated with no notable exceptions to report. The MAB/AALCB portfolio

for the Company from an operational perspective during 2022: ▪ In life retail, the Company continued to perform and run-off in line with expectations and economic performance metrics continue to report as anticipated. ▪ In collective life (Integrale... 22 of 93 Monument Group: PUBLIC The MAB/AALCB portfolio continued to perform and run off in line with expectations. The performance metrics continue to report as anticipated with no notable exceptions to report. The MAB/AALCB portfolio consists of

/AALCB portfolio continued to perform and run off in line with expectations. The performance metrics continue to report as anticipated with no notable exceptions to report. The MAB/AALCB portfolio consists of four products, namely: Number of Group... went up from c.1.5% to over 4% in December 2024 and landed eventually around 2% in December 2025. On Real Estate, although quoted market being relatively stable over the period, one must note that the Belgian real-estate market continued to suffer

operational risk. Further details of the Company’s risk profile are provided below in Section C. Risk Profile. Valuation for Solvency Purposes In the course of 2024, MAB continued to implement some reallocations in the asset allocations. One must especially... December 2024 Page 19 of 93 Monument Group: PUBLIC injection required to take over the closed book of traditional life business. This transaction was successfully completed on 1 July. In line with the growth of the Company, the Company continues to

policies as at 31 December 2023) (the “AXA portfolio”). In order to guarantee a smooth transition between the insurer companies, MAB and AXA Belgium NV concluded a transitional outsourcing agreement, in which AXA Belgium NV continued with the policy... the real-estate market continues to suffer from the revision of the financing rate. Downward pressure on transaction price remains important with negative impact on transaction volumes. Solvency and Financial Condition Report 31 December 2023 Page 16