outsourced

key functions, remuneration practices and outsourcing activities. A significant portion of the Company’s operations and governance arrangements is outsourced to the services company MIES and MABS, which are subsidiaries of Monument Re. Given the...) Significant business or other events which have occurred over the reporting period The following significant events occurred during the year 2021: ▪ Since March 2020, all staff members of MAB, and MIBS (later MIES) which is MAB's most important outsourced

practices and outsourcing activities. A significant portion of the Company’s operations and governance arrangements is outsourced to the service company, MIES, a subsidiary of Monument Re. The Company has evolved over the year 2022, the following changes...” for the outsourced actuarial function holder. This change strengthens the second line of defence. In addition, the former Chief Risk Officer took over the role of Chief Financial Officer. st Solvency and Financial Condition Report 31 December 2022

, remuneration practices and outsourcing activities. A significant portion of the Company’s operations and governance arrangements is outsourced to the service company, MIES, a subsidiary of Monument Re. The Company has evolved over the year 2023

, remuneration practices and outsourcing activities. A significant portion of the Company’s operations and governance arrangements is outsourced to the service company, MIES, a subsidiary of Monument Re. The Company has evolved over the year 2025, the following changes are to be noted: ▪ As of February 2025, the Compliance Function was outsourced to PIDEECO BV. ▪ On 3 December 2025, the NBB approved the reinternalization of the role of Compliance Function Holder and the Company terminated the

requirements relating to fitness and probity of persons responsible for key functions, remuneration practices and outsourcing activities. A significant portion of the Company’s operations and governance arrangements is outsourced to the service company

investments. The responsibility for investment decisions depends on the nature of the insurance product: - For traditional not-for-profit savings and insurance activities, asset management is generally outsourced to external asset managers. These asset

the risk or appearance of impropriety how business is awarded to Monument or Monument having obtained an improper advantage or treatment. 1.3 Outsourcing 1.3.1 When selecting an outsourced service provider for critical or important functions or... assessment is undertaken in: • the risk assessment related to the outsourcing arrangement; • the compliance memo related to the outsourcing arrangement. 1.3.3 The Conflict of Interest Policy should be exchanged with key critical outsourced service