traditional

investments. The responsibility for investment decisions depends on the nature of the insurance product: - For traditional not-for-profit savings and insurance activities, asset management is generally outsourced to external asset managers. These asset

take over the closed book of traditional life business. This transaction was successfully completed on 1 July 2024, with migration in April 2025. In line with the growth of the Company, the Company continues to strengthen its system of governance.... This portfolio consists of credit life and traditional life policies: 24 Number of contracts Credit Life Traditional Life Grand Total 2024.12 15,671 6,878 22,549 2025.12 13,932 6,533 20,465 Evolution (YTD) -1,739 -345 -2,084 Number of Group Pension

December 2024 Page 19 of 93 Monument Group: PUBLIC injection required to take over the closed book of traditional life business. This transaction was successfully completed on 1 July. In line with the growth of the Company, the Company continues to...) Transitional risk-free rate and transitional deduction ...................................................... 73 D.2 (f) Recoverables from reinsurance contracts and special purpose vehicles ............................ 74 D.2 (g) Material changes

capital injection required to take over the closed book of traditional life business. Moreover, the Company entered into an agreement with a Belgian Insurance company for a life corporate insurance book transaction. This transaction is envisaged to... .................................... 74 D.2 (d) Matching adjustment and volatility adjustment ............................................................ 75 D.2 (e) Transitional risk-free rate and transitional deduction

Bridge Strategic Holdings Ltd. On 10 October 2018, Monument Re acquired a run-off portfolio of traditional life and credit life business by entering into a Business Transfer Agreement with Alpha Insurance SA (“Alpha”), a Belgian composite insurance... 1,960 61 84 4 2,109 202112 1,910 58 78 4 2,050 Evolution (YTD) -50 -3 -6 0 -59 Alpha Portfolio The Alpha portfolio was acquired on 31 May 2019. This portfolio consists out of credit life and traditional life policies: Number of contracts Credit Life

portfolio was acquired on 31 May 2019. This portfolio consists out of credit life and traditional life policies: Number of contracts Credit Life Traditional Life Grand Total 22,038 7,987 30,025 202012 202112 19,702 7,607 27,309 Evolution (YTD) -2,336... Portfolio was acquired on 16 December 2019. This portfolio consists of a run-off portfolio of Second Pillar pension life insurance contracts that have not been converted into “Curanova” contracts. The NCN Portfolio is a book of traditional savings