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Federale Verzekering, Vereniging van Onderlinge Levensverzekeringen regarding the operation and management of this portfolio until the successful migration completed in October 2024. ▪ On 1 July 2024, MAB carried out the transfer of a portfolio of... by the financial closing of the “Contassur” transaction in July 2024, impairments on Belgian real-estate promotors and a revision of actuarial assumptions. System of Governance The Company has established a system of governance appropriate to the

until the successful migration completed in October 2024. ▪ On 1 July 2024, MAB carried out the transfer of a portfolio of classical group life policies and the underlying assets from Contassur - Contibel Assurances Vie - Contibel Levensverzekeringen NV... 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

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2023 8 April 2024 MMononuumentment GrGroouupp:: PUBPUBLICLIC Table of Contents Samenvatting............................................................................................................................. 5 Executive Summary .................................................................................................................. 13 A. Business and Performance ...................................

Belgian operations. The outsourcing enables the Company to make the best use of resources and maximize operational efficiencies. In 2021, MAB utilized the support of two service companies: ▪ A new service company was created on 16 July 2021 to support... has a mortgage book to administer, for which an outsourcing service provider is used. ▪ A new service company was created on 16 July 2021 to support MAB's business, namely MABS. Subsequently, MABS is registered with the FSMA as insurance intermediary

Monument Assurance Belgium Solvency and Financial Condition Report at 31 December 2022 8 April 2023 MMononuumentment GrGroouupp:: PUBPUBLICLIC Table of Contents Samenvatting............................................................................................................................. 4 Executive Summary .................................................................................................................. 12 A. Business and Performance ...................................