exceptions

/AALCB portfolio continued to perform and run off in line with expectations. The performance metrics continue to report as anticipated with no notable exceptions to report. The MAB/AALCB portfolio consists of four products, namely: Number of Group... underwritten new business since 2012 and can thus be considered a closed book company. The Company was originally authorized in 2002 to carry out life insurance activities, whether or not linked to investment funds, with the exception of dowry and birth

considered a closed book company. The Company was originally authorized in 2002 to carry out life insurance activities, whether or not linked to investment funds, with the exception of dowry and birth insurance (only branch 21). In addition, permission

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

22 of 93 Monument Group: PUBLIC The MAB/AALCB portfolio continued to perform and run off in line with expectations. The performance metrics continue to report as anticipated with no notable exceptions to report. The MAB/AALCB portfolio consists of... 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

in Spain, Germany and France. MAB Portfolio The MAB/AALCB portfolio continued to perform and run off in line with expectations. The performance metrics continue to report as anticipated with no notable exceptions to report. The MAB/AALCB portfolio... 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