NN Group N.V.

Report Publication Announcement • Mar 14, 2025

Press release

NN Group publishes 2024 Annual Report

NN Group today published its 2024 Annual Report 'Anticipate today, benefit tomorrow'. The Annual Report provides an integrated overview of the company's performance in the context of our strategy focused on customers, people and our contribution to society. For the first time, a sustainability statement describing how we address material sustainability matters is included.

Together with this report, NN Group published a Solvency & Financial Condition Report and a Total Tax Contribution Report.

NN Group's 2024 Annual Report is available for download at www.nn-group.com/investors/annual-reports.htm.

Proposal to appoint Ernst & Young Accountants LLP as external auditor

NN Group will propose to the 2025 AGM to appoint Ernst & Young Accountants LLP (EY) as its new external auditor for a term of four years, as of the financial year 2026. Following applicable legislation, NN Group is required to rotate its external auditor every ten years. The nomination of EY is the result of a thorough process overseen by the Audit Committee of NN Group's Supervisory Board, in accordance with applicable law and regulations and the NN Group's External Auditors Independence Standard. The audit for the financial year 2025 will still be performed by KPMG Accountants N.V., who has been NN's external auditor since 2016 and will have reached its maximum term after completion of its work for the financial year 2025.

Further information will be included in the convocation for the annual general meeting to be held on 15 May 2025, which will be available from 2 April 2025 at www.nn-group.com.

Press enquiries

Media Relations +31 6 1019 5832 mediarelations@nn-group.com

Investor enquiries

Investor Relations +31 88 670 6647 investor.relations@nn-group.com

NN Group profile

NN Group is an international financial services company, active in 10 countries, with a strong presence in a number of European countries and Japan. With all its employees, the Group provides retirement services, pensions, insurance, banking and investments to approximately 19 million customers. NN Group includes Nationale-Nederlanden, NN, ABN AMRO Insurance, Movir, AZL, BeFrank, OHRA and Woonnu. NN Group is listed on Euronext Amsterdam (NN).

Important legal information

The 2024 Annual Report provides an integrated review of the performance of NN Group. More information – for example the Solvency and Financial Condition Report (SFCR), Total Tax Contribution Report and the GRI Index Table – is available on the corporate website in the Investors/financial reports section. Small differences in the tables are possible due to rounding. Certain of the statements in this 2024 Annual Report are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management's current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation: (1) changes in general economic conditions, in particular economic conditions in NN Group's core markets, (2) changes in performance of financial markets, including developing markets, (3) consequences of a potential (partial) break-up of the euro or European Union countries leaving the European Union, (4) changes in the availability of, and costs associated with, sources of liquidity as well as conditions in the credit markets generally, (5) the frequency and severity of insured loss events, (6) changes affecting mortality and morbidity levels and trends, (7) changes affecting persistency levels, (8) changes affecting interest rate levels, (9) changes affecting currency exchange rates, (10) changes in investor, customer and policyholder behaviour, (11) changes in general competitive factors, (12) changes in laws and regulations and the interpretation and application thereof, (13) changes in the policies and actions of governments and/or regulatory authorities, (14) conclusions with regard to accounting assumptions and methodologies, (15) changes in ownership that could affect the future availability to NN Group of net operating loss, net capital and built-in loss carry forwards, (16) changes in credit and financial strength ratings, (17) NN Group's ability to achieve projected operational synergies, (18) catastrophes and terrorist-related events, (19) operational and IT risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business, (20) risks and challenges related to cybercrime including the effects of cyberattacks and changes in legislation and regulation related to cybersecurity and data privacy, (21) business, operational, regulatory, reputation and other risks and challenges in connection with sustainability matters (please see the link to our sustainability matters definition www.nn-group.com/sustainability/policies-reports-and-memberships/policy-and-reportlibrary.htm), (22) the inability to retain key personnel, (23) adverse developments in legal and other proceedings and (24) the other risks and uncertainties contained in recent public disclosures made by NN Group.

Any forward-looking statements made by or on behalf of NN Group in this 2024 Annual Report speak only as of the date they are made, and, NN Group assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

This publication contains information and data provided by third party data providers. NN Group, nor any of its directors or employees, nor any third party data provider, can be held directly or indirectly liable or responsible with respect to the information provided.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities.