directors

every director of the Board of Directors has conflicting interests in relation to a (contemplated) decision or operation by the Board, that decision or operation must be submitted to the General Assembly. Upon approval by the latter, the decision or... influencing a Monument member of staff or director in a way that could interfere with their ability to perform their job in an objective, impartial and effective manner. 1.1.2 Where members of staff or directors award or influence any supplier or

independent control functions. The governance system includes requirements relating to the suitability and probity, remuneration practices and outsourcing activities. The board of directors has the widest powers to perform all acts necessary or useful for the accomplishment of the corporate object, excluding those reserved by law or statutes to the general meeting. The Board of Directors is supported by an Audit Committee and a Risk &Compliance Committee. The day-to-day management of the company is

are to be noted: ▪ An Audit Committee, supporting the Board of Directors, has been established. ▪ A non-executive director has been replaced by another non-executive director on 28 June 2022. ▪ An executive director has left the Company on 31 December... reporting of all categories of risk. The risk management system includes the Own Risk and Solvency Assessment (“ORSA”) which assists MAB’s board of directors (“the Board”) in determining whether there are adequate Own Funds to cover the Company’s risks

of all categories of risk. The risk management system includes the Own Risk and Solvency Assessment (“ORSA”) which assists MAB’s board of directors (“the Board”) in determining whether there are adequate Own Funds to cover the Company’s risks over

NBB is awaited. Lastly, the Company is in progress to add a new non-executive independent director to the Board of Directors. The day-to-day management of the business is delegated to the Management Committee (the “MC”). All independent control..., the following changes are to be noted: ▪ In accordance with Article 52 of the Solvency II Law, an additional specialized committee was established in 2023, namely the Risk and Compliance Committee (“RCC”), supporting the Board of Directors (“Board

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2025 8 April 2026 MMoonumnumeenntt G Grrooup:up: P PUUBBLLIICC Table of Contents Samenvatting............................................................................................................................. 3 Executive Summary .................................................................................................................. 12 Business and Performance ....................................

Remuneration Committee (“RC”), supporting the Board of Directors (“Board”). ▪ The appointment of the new chairman was approved by the NBB. ▪ As of 12 July 2024, a new non-executive director was appointed. ▪ The person responsible as AMLCO and Compliance Officer left the Company on 30 September 2024. Solvency and Financial Condition Report 31 December 2024 Page 17 of 93 Monument Group: PUBLIC ▪ As of 18 November 2024, a new independent non-executive director was appointed. ▪ As of 30 September 2024