NN Group (NN) investor relations material

Opening remarks and agenda

• Meeting opened as a hybrid event with shareholders attending in person and virtually, with introductions of key board members and guests.

• Shareholders convened in accordance with law and articles; meeting valid for adopting resolutions.

• Voting open throughout the meeting, with results shown at the end; agenda items combined for efficiency.

Financial performance review

• Operating capital generation (OCG) rose 9% to EUR 2.1 billion, exceeding the 2025 target.

• Free cash flow increased by 7% to EUR 1.6 billion; solvency ratio improved to 220%.

• Diversification of business mix continues, with growth in international insurance and non-life segments.

• Net result decreased to EUR 1.1 billion due to bond sales and Turkish operations sale, but operating result rose 17% to EUR 3 billion.

• Investment portfolio remains high quality, with 80% in fixed income and strong oversight on private debt.

Board and executive committee updates

• Annemiek van Melick reappointed as CFO and Vice-chair for four years; praised for financial leadership.

• David Cole and Pauline van der Meer Mohr reappointed to the Supervisory Board; Irine Gaasbeek appointed as new member, bringing technology expertise.

• Robert Jenkins retired from the Supervisory Board after significant contributions.