dual

may have shares or interests in another company with which their employer deals with or are proposing to enter into a transaction/contract with;  An employee has dual responsibilities or interests which could cause a conflict of interest e.g. an... relevant persons of Monument, irrespective of their location, function, grade or standing. 1.4 Definitions 1.4.1 “Conflicts of interest” occur when (i) the concerns of aims of an individual are or might become incompatible with those of MAB or when (ii

portfolios through reinsurance or acquisition. In executing its dual insurance and reinsurance strategy, the Company looks to assume asset-based risks within its risk appetite, and efficiently operate these businesses or portfolios. The focus... finalised in January 2024. ▪ On 30 June 2023, MAB carried out the transfer of a portfolio of classic individual branch 21 life insurance policies and the underlying assets (4,157 policies as at 31 December 2025) from Federale Verzekering, Vereniging

” (130,888 policies as at 31 December 2024) (the “AXA portfolio”). A successful sequenced migration of the AXA portfolio has been finalised in January 2024. ▪ On 30 June 2023, MAB carried out the transfer of a portfolio of classic individual branch 21

administration of this book in 2023 until the successful sequenced migration of the AXA portfolio finalised in January 2024. ▪ On 30 June 2023, MAB carried out the transfer of a portfolio of classic individual branch 21 life insurance policies and

acquisition. In executing this dual insurance and reinsurance strategy, the Company looks to assume asset based risks within its risk appetite, and efficiently operate these businesses or portfolios. The focus includes two principal areas, namely... four products, namely: Number of Group Pension Individual Individual Non- Individual Fiscal Total contracts Scheme Pension Scheme Fiscal 202112 1,910 58 78 4 2,050 202212 1,891 58 75 3 2,027 Evolution (YTD) -19 0 -3 -1 -23 Alpha Portfolio The Alpha

through reinsurance or acquisition. In executing this dual insurance and reinsurance strategy, the Company looks to assume asset based risks within its risk appetite, and efficiently operate these businesses or portfolios. The focus includes two... consists of four products, namely: st Solvency and Financial Condition Report 31 December 2021 Page 21 of 77 Monument Group: PUBLIC Number of Group Pension Individual Individual Non- Individual Fiscal Total contracts Scheme Pension Scheme Fiscal 202012