independent

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... ................................................................................................... 53 B.5 (a) Implementation of the internal audit function ............................................................... 53 B.5 (b) Independence and

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... strengthen its system of governance. For instance regarding specialised committees, a local Remuneration Committee was established. The company is committed to resolving the non-compliance of one of the independent control function. Overall, the Company

. ▪ The Management Committee is supported by the extended MC and Management team. The day-to-day management of the business delegated to the Management Committee (the “MC”). All independent control functions have, aside from the actuarial function

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 ....................................

previous Chief Financial Officer of MAB has been entrusted with the financial supervision of the service companies; and, ▪ 2 Independent Board members joined MAB’s Board. The day-to-day management of the business delegated to the Management Committee (the “MC”). All independent control functions have, aside from the actuarial function, been insourced within the Monument Re Group. The Management Committee is committed to continue to strengthen the system of governance within MAB. In 2022, a local

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...-ecienffi t renovaoti n of real estate assets. Monument Assurance Belgium votes at ordinary and extraordinary general meetings of the shareholders of companies in which it holds at least 1% of the share capital. Voting decisions are taken independently

independent control duty. Should a relevant person detect any non-compliance, they must raise the matter with the Compliance Officer. 2.2.3 A breach of the Policy may result in disciplinary action, which could lead to dismissal and/or legal action... relevant persons carry out their tasks with the appropriate level of independence when undertaking activities that involve a conflict of interest. Examples of said measures include: i. Preventing or controlling the exchange of information where that