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Version 5.3 as of 09 December 2025 Policy was updated to include the latest External Mandates Monument Group: INTERNAL 2 Authorised Date 21 March 2025 Authoriser Board of Directors Policy Effective Date 21 March 2025 Table of Contents Table of... Company’s and the Group’s strategy. 3.3 Compliance Officer Monument Group: INTERNAL 7 3.3.1 The Compliance Officer is responsible for: • ensuring that the Company has taken reasonable steps to prevent conflicts of interest from giving rise to material

of companies belonging to the Monument group. 5. Conflicts of interest Our engagement policy and the exercise of our voting rights may in some cases give rise to a conflict of interest. Monument Assurance Belgium has implemented a strict policy and... decisions on sustainability factors. MAB’s portfolio is comprises products previously sold on the Belgian market and now administrated as a run-off business. Given the fact that MAB's business model is the acquisition of portfolios or insurers, primarily

as a long term partner in employee benefit segment. st Solvency and Financial Condition Report 31 December 2022 Page 15 of 93 Monument Group: PUBLIC ▪ The year 2022 was marked by a volatile macroeconomic environment with interest rate rise... over its business planning horizon. The Company’s business activities give rise primarily to credit risk, market risk, underwriting or insurance and operational risk. Further details of the Company’s risk profile are provided below in Section C. Risk

statutory period ending 31 December 2022. Copies of the Company’s financial statements may be obtained from the website of the National Bank of Belgium. While year 2022 was driven by important macro-economic volatility and interest rate rise, year...’s risks over its business planning horizon. The Company’s business activities give rise primarily to credit risk, market risk, underwriting or insurance and operational risk. Further details of the Company’s risk profile are provided below in Section

, presents a stable fair value following two years of value reduction driven by interest rate rise. The level of economic own-funds under Solvency II have reduced by € 30m over the year. This decrease of own fund under the prudential norm is driven... the Board in determining whether there are adequate Own Funds to cover the Company’s risks over its business planning horizon. The Company’s business activities give rise primarily to credit risk, market risk, underwriting or insurance and

Own Funds to cover the Company’s risks over its business planning horizon. The Company’s business activities give rise primarily to default risk, credit risk, market risk, underwriting or insurance and operational risk. Further details of the Company... Purposes. Capital Management The structure of the Company’s Own Funds comprises of share capital, surplus fund and reconciliation reserve (including retained earnings). The Capital Management Policy focuses on ensuring that there is sufficient

its business planning horizon. The Company’s business activities give rise primarily to credit risk, market risk, insurance risk and operational risk. Further details of the Company’s risk profile are provided below in Section C. Risk Profile. Valuation for Solvency Purposes The Company’s balance sheet has significantly increased in terms of assets classes presented following the recent acquisitions. The majority of assets comprises mainly of corporate and government bonds, collective investment