NN Group (NN) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
22 May, 2026Opening 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.
Latest events from NN Group
- 2025 targets surpassed with strong capital generation, higher dividends, and robust solvency.NN
H2 202519 Apr 2026 - 2028 targets: 7%-8% CAGR, digital transformation, and diversified growth engines drive value.NN
CMD 20253 Feb 2026 - EUR 959m OCG, EUR 648m net profit, and 192% Solvency II ratio in H1 2024.NN
H1 20241 Feb 2026 - Operating capital, net income, and dividends rose; solvency ratio remains strong at 194%.NN
H2 20248 Jan 2026 - OCG up 6% to EUR 1,020m, Solvency II at 208%, but net result fell 40% to EUR 391m.NN
H1 20255 Jan 2026 - Strong results, digital focus, and all proposals approved amid active shareholder engagement.NN
AGM 202518 Nov 2025