insurances

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

) 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... General Terms and Conditions (Contract Duration). MAB has no intention to underwrite these insurances in the future. In addition, the Company uses a dedicated intra-group service company to support the administration of the Belgian business. The main

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 between 2010 and 2016 or by AXA Belgium NV... 2014 as well as Article 7 of the General Terms and Conditions (Contract Duration). MAB has no intention to underwrite these insurances in the future. In addition, the Company uses dedicated intra-group service companies to support the administration of

insurances herewith, (ii) life insurance contracts in branch 21 and non-life insurance contracts in branch 1 under the title “Capital Cash”, “Cover Cash”, or “Accidental Cash”, (iii) life insurance contracts in branch 23 under the title “Happy Life... underwrite these insurances in the future. In addition, the Company uses a dedicated intra-group service company to support the administration of the Belgian business. The main objective for establishing the service company is to enable staff to be deployed

products: Group insurances, Individual Pension saving, Individual Pension Commitments and RIZIV-INAMI insurances. By 31 December 2021, the NCN portfolio consisted of approximately 4,455 policies. Individual Individual Number of Group Pension RIZIV-INAMI Pension Pension Total contracts Insurances insurances Insurances Commitments 202012 35 3,843 51 566 4,495 202112 35 3,813 51 556 4,455 Evolution (YTD) 0 -30 0 -10 -40 Allianz Portfolio The Allianz classic life insurance, without flexible premium

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.... The portfolio consists of the following Second Pillar pension savings products: Group insurance, Individual Pension savings, Individual Pension Commitments and RIZIV-INAMI insurances. By 31 December 2025, the NCN portfolio consisted of approximately