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The capital gains tax rate is 10%. Capital gains tax applies only to capital gains realized on or after January 1, 2026. Capital gains accrued before that date are exempt. For contracts entered into on or after January 1, 2026, the taxable capital gain is the positive difference between the paid-out capital and the total amount of premiums paid. For contracts entered into before January 1, 2026, the reserve as of December 31, 2025 (the “snapshot date”) serves as the reference value. In this

ethical conduct. Adopting strong governance practices not only protects the reputation of insurance companies, but also builds the confidence of customers, investors and regulators. The integration of ESG principles into the core business of insurance... sector “SFDR”) has been adopted within the European Union in November 2019 and entered into force for the first time on March 10, 2021. It introduces new rules on published information sustainable investments and sustainability risks. SFDR aims to

risk and solvency assessment ..................... 45 B.3 (a) Description of risk management system (strategies, processes and reporting procedures) 45 B.3 (b) Implementation and integration of the risk management system into the organization... Assurance Belgium Services SA (“MABS"), which merged into Monument Insurance European Services SA (“MIES”) on 31 December 2022, on the basis of an outsourcing agreement. ▪ On 31 October 2022, AXA Belgium NV transferred the following books to MAB: (i

December 2022, MABS merged into MIES. Consequently, as of 1 January 2023, there is only one Belgian service company providing support to MAB. There is no significant impact on the services delivered, on the basis of a critical outsourcing agreement... merged into Monument Insurance European Services SA (“MIES”) on 31 December 2022, on the basis of an outsourcing agreement. ▪ On 31 October 2022, AXA Belgium NV transferred the following books to MAB: (i) classic life insurance contracts in branches

management system into the organization structure and decision-making processes ................................................................................... 47 Solvency and Financial Condition Report 31 December 2024 Page 2 of 60 Monument Group... from Integrale NV (255,949 policies as at 31 December 2024) (the “Integrale Portfolio”). The policy administration was done by Monument Assurance Belgium Services SA (“MABS"), which merged into Monument Insurance European Services SA (“MIES”) on 31

by Monument Assurance Belgium Services SA (“MABS"), which merged into Monument Insurance European Services SA (“MIES”) on 31 December 2022, on the basis of an outsourcing agreement. ▪ On 31 October 2022, AXA Belgium NV transferred the following books... supporting services across a number of Group entities. On 31 December 2021, Monument Insurance Services Limited (“MISL”) merged into MIBS, subsequently rebranded into Monument Insurance European Services NV (“MIES”). The next year, on 31 December 2022

Solvency and Financial Condition Report 31 December 2021 Page 11 of 77 Monument Group: PUBLIC ▪ On 31 December 2021, Monument Insurance Services Limited ("MISL") merged into Monument Insurance Belgium Services SRL ("MIBS"), subsequently rebranded into... staff into Monument. Provided that the portfolio was officially acquired on 15 December 2021, the integration will be a primary attention point in 2022; and, ▪ The Work from Home Policy was applicable over 2021 in order to guarantee business continuity

Mandates MAB Version 4.0 approved on 27 September 2023 Policy was updated to take into account ESG factors and the Group Policy V7.0 MAB Version 4.1 as of 08 December 2023 Policy was updated to include the latest External Mandates Review History and..., risks and preferences into the product oversight and governance requirements for insurance undertakings and insurance distributors and into the rules on conduct of business and investment advice for insurance-based investment products. Monument Group

Monument Assurance Belgium Privacy Notice Date of entry into force: 11.05.2026 Monument Assurance Belgium 1 INTRODUCTION Monument Assurance Belgium is committed to maintaining and respecting its data protection obligations. This notice contains... regulators where we are legally required to do so. With regard to our subcontractors, we systematically enter into a data processing contract with each of them. We carry out audits to ensure their compliance with the applicable contractual and regulatory