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exchange of information may harm the interests of one or more customers; ii. Separate supervision of relevant persons whose principal functions involve activities that might give rise to a conflict of interest; iii. Removing any direct link between the... a risk of damage to the customer’s interests or an adverse impact on the customer. 5.2.4 In identifying the circumstances which constitute or may give rise to a conflict of interest, the Company should ensure that the following points are taken into

of companies belonging to the Monument group. 5. Conflicts of interest Our engagement policy and the exercise of our voting rights may in some cases give rise to a conflict of interest. Monument Assurance Belgium has implemented a strict policy and... decisions on sustainability factors. MAB’s portfolio is comprises products previously sold on the Belgian market and now administrated as a run-off business. Given the fact that MAB's business model is the acquisition of portfolios or insurers, primarily

Own Funds to cover the Company’s risks over its business planning horizon. The Company’s business activities give rise primarily to default risk, credit risk, market risk, underwriting or insurance and operational risk. Further details of the Company... execution of its strategy, the Company completed the acquisition of a new corporate business portfolio in 2024-2025, i.e. the Contassur Portfolio. Given the relatively limited size of the portfolio, there was no additional capital injection required to

the Board in determining whether there are adequate Own Funds to cover the Company’s risks over its business planning horizon. The Company’s business activities give rise primarily to credit risk, market risk, underwriting or insurance and... execution of its strategy, the Company completed the acquisition of one portfolio in 2024, i.e. the Contassur Portfolio. Given the relatively limited size of the portfolio, there was no additional capital Solvency and Financial Condition Report 31

’s risks over its business planning horizon. The Company’s business activities give rise primarily to credit risk, market risk, underwriting or insurance and operational risk. Further details of the Company’s risk profile are provided below in Section.... Capital Management. Conclusions and Recommendations In execution of its strategy, the Company completed the acquisition of one portfolio in 2023, i.e. the Federale Portfolio. Given the relatively limited size of the portfolio, there was no additional

over its business planning horizon. The Company’s business activities give rise primarily to credit risk, market risk, underwriting or insurance and operational risk. Further details of the Company’s risk profile are provided below in Section C. Risk

its business planning horizon. The Company’s business activities give rise primarily to credit risk, market risk, insurance risk and operational risk. Further details of the Company’s risk profile are provided below in Section C. Risk Profile... key functions, remuneration practices and outsourcing activities. A significant portion of the Company’s operations and governance arrangements is outsourced to the services company MIES and MABS, which are subsidiaries of Monument Re. Given the