NN Group N.V. · EURONEXT:NN
NN — ESG Presentation (February 2022)
26 slides from NN's sustainability presentation, February 2022
Slide 1: NN Group: Creating long-term value for our stakeholders
NN Group Creating long-term value for our stakeholders February 2022
Slide 2: NN Group at a glance
NN Group at a glance Our company NN Group operating capital generation2 • Leading Dutch insurer with strong businesses in European insurance, asset management and Japan 6% 7% • Active in 19 countries, unified international culture with shared best practices 7% • Approx. 18 million customers, served
Slide 3: Our sustainability journey
Our sustainability journey NN Group publishes NN Group discloses its NN Group becomes a member NN’s community investment NN Group publishes NN Group announces Responsible Investment first response to the of the IIGCC and contributes programme Future Matters fourth Carbon interim targets to transitio
Slide 4: Creating long-term value for our stakeholders
Creating long-term value for our stakeholders 4
Slide 5: An industry leader, known for customer engagement, talented people and contribution to society
An industry leader, known for customer engagement, talented people and contribution to society NN Group can make a real difference Contributing to the SDGs by supporting our 18 million Providing relevant products Contributing to the transition customers and contributing to the Healthy and safe livin
Slide 6: Transparent tracking of progress on clear targets
Transparent tracking of progress on clear targets KPIs and targets 31 Dec 21 30 Jun 21 31 Dec 20 Excellent Customer engagement 5 units 3 units 4 units customer All insurance business units scoring above market average NPS1 by 2023 experience Brand consideration2 23% 21% 21% 28% by 2023 Engaged Emplo
Slide 7: Ambition to achieve net-zero emissions across the business
Ambition to achieve net-zero emissions across the business Interim targets2 Ambition Actions 2025 2030 Proprietary Transition proprietary investment • Reduce GHG emissions of corporate investment portfolio by 25% by 45% investment portfolio to net-zero GHG1 • Phase out of thermal coal-exposed compan
Slide 8: ESG embedded throughout the organisation
ESG embedded throughout the organisation Board Supervisory Board • Supervises the management of NN by the Executive Board • Regularly discusses and receives updates on sustainability topics Executive Board and • Responsible for NN’s strategy, taking account of the interests of all stakeholders Manag
Slide 9: Our performance recognised in sustainability indices and ratings
Our performance recognised in sustainability indices and ratings Dow Jones Sustainability Index FTSE4Good Index MSCI • Score: 80 (out of 100) • Score: 4.5 (out of 5) • Score: AA (range AAA to CCC) Sustainalytics CDP • ESG Risk Rating: 15.2 • Score: B (low risk) (range A to D-) 9
Slide 10: Customers
Customers Providing relevant products and services to support customers through the challenges of today and tomorrow
Slide 11: Providing an excellent customer experience
Providing an excellent customer experience Empowering customers to make Innovating our business while Ensuring data privacy & protection sound financial decisions adding value to our customers • Complying with GDPR, designated Data • Providing products and services that • Using digital capabilities
Slide 12: Developing products and services that help customers address societal challenges
Developing products and services that help customers address societal challenges Sustainable • Mortgages that incentivize the purchase or upgrade of sustainable homes living • Platforms to help customers make their homes more energy-efficient, e.g., by installing solar panels or a heat pump Mobility
Slide 13: Responsible investing
Responsible investing Contributing to the transition to a sustainable economy by investing our assets responsibly
Slide 14: Using our influence to achieve positive change
Using our influence to achieve positive change ESG integration Active ownership through voting Restriction: a measure of last resort • Stringent definition of ESG integration and engagement • NN Group's norms-based RI criteria: a applied by NN IP • Voting at 97% of voteable meetings1 reflection of r
Slide 15: Aiming for a net-zero carbon investment portfolio
Aiming for a net-zero carbon investment portfolio Our long-term ambition • Transitioning our proprietary investment portfolio to net-zero greenhouse gas emissions by 2050, to align with the 1.5℃ target of the Paris Agreement • Playing our part in helping the real economy to decarbonise serves as a g
Slide 16: People
People Providing an inclusive and open working environment that allows employees to thrive
Slide 17: Attracting and retaining engaged employees
Attracting and retaining engaged employees Employee value proposition Ensuring a diverse workforce Optimising employee engagement • Providing a workplace that supports • An international company with a • Engagement essential for long-term cooperation and allows people to thrive diverse and inclusive
Slide 18: Society
Society Being a good corporate citizen and contributing to the communities in which we live and operate
Slide 19: Using our resources, expertise and networks for the advancement of our communities
Using our resources, expertise and networks for the advancement of our communities Empowering people to improve their 2021 achievements financial well-being • Scaling up and setting up new • NN Future Matters, our global partnerships, such as the Research community investment programme, Centre for L
Slide 20: Governance
Governance ESG is embedded throughout the organisation and governance structure
Slide 21: Strong corporate governance framework
Strong corporate governance framework NN Group has a two-tier board structure Supervisory Board Supervisory Board Responsible for supervising the management performed by the Executive Board and the general course of affairs of NN Group and its businesses, and assists the Executive Board with advice
Slide 22: Experienced and diverse Management Board
Experienced and diverse Management Board Management Board • Strong Management Board with the required skills and experience in the current fast-paced and dynamic environment David Knibbe (NL) Delfin Rueda (ESP) • Average experience in the financial sector of over 1 1,2 Chief Executive Officer Chief
Slide 23: More information
More information
Slide 24: For more information
For more information General • NN Group - Sustainability (nn-group.com) • NN Group - Responsible investment (nn-group.com) • Responsible investing | NN Investment Partners (nnip.com) Voting activities NN Investment Partners Proxy Voting Record (glasslewis.com) Download the annual report • NN Group -
Slide 25: Important legal information
Important legal information NN Group’s Consolidated Annual Accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (“IFRS-EU”) and with Part 9 of Book 2 of the Dutch Civil Code. In preparing the financial information in this document, the
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