following

Whenever you request a cash surrender, the insurance company will send you a settlement form on which you can indicate your choice.This choice is valid for the entire tax year. Any revocation will take effect only for the following year.

Realized capital losses may be deducted from realized capital gains, provided they relate to the same category of financial assets and were realized in the same year.Capital losses are always deducted through the tax return (see below). You must therefore request this deduction yourself.However, it is not possible to carry forward capital losses to the following year.

There is a basic annual exemption of €10,000 per taxpayer on the total capital gains realized during a single year. This amount is adjusted annually.Taxpayers who do not use the exemption may carry forward a maximum of 1,000 euros to the following year for up to 5 years, up to a total of 15,000 euros.

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

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 connection with investment funds (branch 23) and... service companies. The following occurred in 2022: ▪ Monument Insurance European Services NV (“MIES“) and Monument Assurance Belgium Services SA (“MABS”) provided support services to MAB on the basis of a critical outsourcing agreement. In addition, both

was also granted to carry out the following activities: life, dowry and birth insurance in connection with investment funds (branch 23) and capitalization transactions (branch 26). In 2021, MAB was granted a license for birth and marriage insurance... following life insurance portfolios were acquired: ▪ On 31 May 2019, MAB carried out the transfer of a portfolio of long-term savings and credit life insurance from Alpha Insurance SA, a Belgian composite insurance company and a wholly-owned subsidiary

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 connection with investment funds (branch 23) and capitalization transactions... to make the best use of Solvency and Financial Condition Report 31 December 2023 Page 13 of 93 Monument Group: PUBLIC resources and maximize operational efficiencies. Over 2023, MAB utilized the support of the following service company: Monument

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... Monument Insurance European Services SRL ("MIES"). There was no significant impact on the services delivered by MIBS or MISL to MAB, on the basis of a critical outsourcing agreement, following the merger. The services continue through MIES. The

insurance (branch 21). In addition, permission was also granted to carry out the following activities: life, dowry and birth insurance in connection with investment funds (branch 23) and capitalization transactions (branch 26). In 2021, MAB was granted..., typically with guarantees. Thus, the Company is actively seeking to grow through acquisition of in-force life insurance portfolios. This strategy is focused on closed books. Consistent with this strategy the following life insurance portfolios were

following relationships: • between shareholders and the Company; • between directors and the Company; • between employees and the Company; • between the Company and its customers, due to the business model implemented and/or the different services and... of MAB include those of its relevant persons. 1.5 Legal and Regulatory Framework 1.5.1 The legal and regulatory framework for this Policy incorporates, among others, the following: • Article 258, §5 of the EU Delegated Regulation 2015/35; • Articles

, employment history, retirement date; - product data: your products and product usage; and - special categories of health data: weight, height, illnesses and treatments, smoking and pregnancy, as well as the description of personal injuries following an... used in accordance with this privacy notice; • Excluded data: We do not collect the following special categories of personal data about you, unless it is legally required: - details of your race or ethnic origin ; - religious or philosophical beliefs

annually. The following key risks were identified: transition, physical, ESG investing, counterparty and direct impact risks. The policy defines principles and requirements for identifying, measuring, managing, monitoring and communicating sustainability