markets

. Monument Assurance Belgium, as a player in the life insurance sector, gives preference to investments in the form of loans, mainly sovereign bonds and corporate bonds listed on the nfi ancial markets. However, Monument Assurance Belgium does invest... customer service remain a priority; ▪ Provide soluoti ns for asset intensive life insurance portfolios through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company through acquiring insurance

....................................................................................................................... 57 C.1 Underwriting risk ............................................................................................................. 57 C.2 Market risk... through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company through acquiring insurance portfolios, primarily those in run-off, and targeting annuity, guaranteed savings or protection product lines

Underwriting risk ........................................................................................................... 58 C.2 Market risk...; ▪ Support Monument Re Group’s strategy, which is to provide solutions for asset intensive life insurance portfolios through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company through acquiring insurance

and during the first semester of the year. The asset allocation further evolved in the course of 2025 with investments in a Structured note, Commercial Mortgage Loans and material bond rotations on Emerging Markets and hybrid bonds. This evolution is... ..................................................................................................................... 57 C.1. Underwriting risk .................................................................................................................... 57 C.2. Market

..................................................................................................................... 55 C.1 Underwriting risk ............................................................................................................ 55 C.2 Market risk... remain a priority; ▪ Support Monument Re Group’s strategy, which is to provide solutions for asset intensive life insurance portfolios through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company

.................................................................................................................... 52 C.2 Market risk .............................................................................................................................. 53 C.3 Credit risk... is to provide solutions for asset intensive life insurance portfolios through reinsurance or acquisition in the European market; ▪ Continue to seek opportunities to grow the Company through acquiring insurance portfolios, primarily those in run-off

to exist. Identifying and managing conflicts of interest is fundamental to the conduct of our business, our relationship with customers and the markets in which we operate. Understanding the conflicts of interest that potentially impact the business