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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

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

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

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