Kempen European High Dividend Fund N.V. N · EURONEXT:KEHDF
Kempen European High Dividend Fund N.V. N — Van Lanschot Kempen — ESG Presentation (March 2026)
24 slides from Kempen European High Dividend Fund N.V. N's sustainability presentation, March 2026
Slide 1: Sustainability at Van Lanschot Kempen
Sustainability at Van Lanschot Kempen March 2026, Amsterdam
Slide 2: Contents
Contents Specialist independent wealth manager Diversity in all its forms Well on track to reach our 2027 financial targets A place people love to work Ethics and integrity We develop innovative, sustainable products Our ESG journey Active ownership Our ESG approach Making a difference – engagement
Slide 3: Specialist independent wealth manager
Specialist independent wealth manager OUR STRATEGY OUR HERITAGE OUR VALUES Be a leading wealth Founded in 1737 Personal manager in Western Being close to clients is in our DNA Europe, with a solid Among the top 10 oldest foundation in independent financial Specialised the Netherlands and institution
Slide 4: Well on track to reach our 2027 financial targets
Well on track to reach our 2027 financial targets Average annual AuM Cost/income CET1 ratio* Return on CET1 Dividend pay-out growth (5-yr CAGR) ratio (Basel IV fully loaded) capital ratio 9.2% 69.2% 17.5% 18.3% 85.9% Target: 10% Target: 67-70% Target: 17.5% Target: >18% Target: 70-90% 2024: 10.5% 20
Slide 5: Ethics and integrity
Ethics and integrity Constantly maintaining our standards of integrity & ethical behaviour The financial sector is built on trust. A healthy culture and ethical behaviour are needed to sustain this trust with all our stakeholders. To monitor this, we defined KPIs: • Percentage of employees who belie
Slide 6: Our ESG journey
Our ESG journey • Main partner of • Partnership with StukjeNatuur Klimaatroute to • Implementation of offer clients free PRI signatory, member of • Carbon measurement new Inclusion & advice on improving UN Global Compact, and reporting of AuM • Set up new sustainability Diversity initiatives, the en
Slide 7: Our ESG approach
Our ESG approach When it comes to ESG matters, we: • Help our clients to manage their wealth in line with their beliefs, thinking across generations; • Take the long-term view, focusing on navigating transitions with resilience; • Are active investors, advising and managing wealth with conviction an
Slide 8: We focus on three themes to drive progress
We focus on three themes to drive progress • We focus our actions on the themes where we believe we can achieve and show the biggest results based on our scale, activities and specialist knowledge. • ESG opportunities and risks are adequately considered in our investment analysis and processes. • Th
Slide 9: The four pillars in our investment approach
The four pillars in our investment approach Exclusion ESG Integration Active ownership Positive impact We do not invest in certain We integrate ESG factors We seek to influence the We offer sustainable companies based on their into our financial analyses. policies of the companies we investment solu
Slide 10: Our approach to help limit climate change
Our approach to help limit climate change We continuing to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels, in line with the goals set out in the Paris Agreement. We've set several KPIs to help combat climate change across our business: for our discretionary ass
Slide 11: Progress on delivering our ESG ambitions
Progress on delivering our ESG ambitions Environmental Social Carbon emissions average annual reduction Discretionary AuM Employee engagement score Employee turnover WACI* (baseline year 2019) % % FY2025 14% FY2025 90% FY2025 10% Target 7% Target >80% Target 8 – 12% Own operations Gender balance in
Slide 12: We are committed to positive change
We are committed to positive change Contributing towards the transition to a sustainable economy 12
Slide 13: Diversity in all its forms
Diversity in all its forms Fostering an increasingly diverse organisation Our commitment to inclusion and diversity goes hand in hand with our ambition to positively contribute to a more sustainable and inclusive world* • We have established 5 pillars to work towards becoming an inclusive workplace
Slide 14: A place people love to work
A place people love to work Investing in the well-being, health and connectivity of our staff • Despite the tight labour market, we were able to attract new talent while our retention rate remained strong • We put extra focus towards keeping talents within the company through internal hiring for vac
Slide 15: We develop innovative, sustainable and impact products
We develop innovative, sustainable and impact products Private Global Impact Solution SDG Farmland Fund Improve clients’ home energy efficiency Our Private Global Impact Solution aims to Solutions such as our SDG Farmland Fund We encourage our clients with a residential deliver market-based financia
Slide 16: Active ownership
Active ownership We measure the results of our engagements with milestones In 2025, we achieved 43 engagement milestones across 77 engagements for change highlighting the concrete results our engagement delivered during the year for our direct investments in investee companies by our funds and discr
Slide 17: Making a difference – engagement successes
Making a difference – engagement successes Stepping in the right direction towards a sustainable economy 2025 key figures Engagement examples with individual companies in 2025* We engaged with DB Insurance Group in South Korea to unlock 235 value through a more efficient capital allocation strategy.
Slide 18: Our footprint: most impact via AuM
Our footprint: most impact via AuM AuM €158.9bn 73,615 ktCO2e ~99.9% of impact Balance sheet €9.6bn 102 ktCO2e ~0,1% of impact Own organisation 2.146 FTEs* 2.7 ktCO2e ~0% of impact * This number includes internal + external FTEs. 18
Slide 19: Progress on our KPIs
Progress on our KPIs Performan in 2024 ‘CET1 ratio (Basel IV fully loaded) 17.5% @ [18.2% 19.3% Return on CET1 capital > 18% by 2027; @ =| 18.3% 16.2% progress ahead of our growth path of 1 percentage point per year (2025 target: >16%) Cost/income ratio 67-70% @ [69.2% 70.1% ‘Three-year relative per
Slide 20: High scores on external ESG ratings
High scores on external ESG ratings Governance: 1st decile 2025 14th place in a league table of 51 2025 A rating 2025 Environment: 3rd decile Dutch companies On a scale of AAA to CCC Social: 1st decile With 32/40 points on resilience to ESG risks 48th place out of 346 2025 B- rating 2025 4 and 5 sta
Slide 21: Our sustainability governance
Our sustainability governance • The Management Board is responsible for setting Van Lanschot Kempen's overall strategy, including its sustainability strategy. • Our Sustainability Board drives the sustainability strategy and is responsible for implementing and embedding our sustainability goals, Man
Slide 22: Van Lanschot Kempen Foundation
Van Lanschot Kempen Foundation The Van Lanschot Kempen Foundation was established in 2016 as a foundation with a mission to initiate and promote social projects to benefit future generations and to help create a better world. The Foundation uses financial donations and (the time of) volunteers in ad
Slide 23: More information on our websites
More information on our websites Visit vanlanschotkempen.com for: Van Lanschot Kempen Annual Report 2025 including Sustainability Statement Visit vanlanschotkempen.com/investmentmanagement for: Van Lanschot Kempen Investment Management Stewardship Report 2025 Our Private Global Impact Solution & Far
Slide 24: Disclaimer and cautionary note on forward-looking statements
Disclaimer and cautionary note on forward-looking statements This document may contain forward-looking The financial data in this document have not been statements and targets on future events and audited. Small differences in tables may be the result developments. These forward-looking statements o