Slide 1: Sustainable long-term value creation for all our stakeholders
Sustainable long-term value creation for all our stakeholders NN Group N.V. 08 August 2025
Slide 2: Sustainable long-term value creation for all our stakeholders
Sustainable long-term value creation for all our stakeholders Our purpose We help people care for what matters most to them Our ambition Our strategic commitments We want to be an industry leader, known for our customer engagement, Engaged customers We deliver an outstanding customer and distributor
Slide 3: 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 Connected SDGs NN Group can make a real difference by supporting our 19 million Providing relevant products Contributing to the transition customers and contributing to the and services to support to a sus
Slide 4: Our sustainability journey
Our sustainability journey NN Group publishes NN Group becomes a NN Group launches NN Group announces interim NN Group publishes an NN Group Responsible Investment member of the IIGCC and ambition to transition targets to transition its update of its Climate publishes white Framework policy, followe
Slide 5: Proud to engage customers, attract talented people and make a positive contribution to society
Proud to engage customers, attract talented people and make a positive contribution to society… Engaged customers Talented people Contribution to society Reduce GHG5 On track On track On track Above market Above benchmark emissions portfolio 31% average NPS-r1 Above Employee engagement Above by 45%
Slide 6: Our performance is recognised in indices and ratings
Our performance is recognised in indices and ratings Included 14.3 C AA #6 C #2 (RI1) #35 (score 4 out (low risk) (range A to D-) (range AAA to (P&C (prime) (out of 20) (out of 400+) of 5) CCC) insurance) (out of 29) #1 (Tax2) #8 (out of 116) (Insurance) (out of 71) 1. VBDO Benchmark on Responsible
Slide 7: We contribute to the well-being of people and the planet
We contribute to the well-being of people and the planet 1 Our 1 Climate Action 2 Responsible Investment Plan, Ambition and and Biodiversity Own operational footprint 7
Slide 8: Climate Action Plan
Climate Action Plan Climate Action Plan1 (CAP) Taking action to achieve our Elements of our approach • The Climate Action Plan underscores NN’s climate goals • Using engagement, capital allocation to commitment to incorporating climate action • NN is committed to science-based principles climate sol
Slide 9: Ambition to achieve net-zero emissions across the business
Ambition to achieve net-zero emissions across the business Interim targets and reference objectives2 Ambition Actions 2025 2030 Proprietary Transition proprietary • Reduce carbon emissions for Dutch residential mortgages by ~34%3 investment investment portfolio to • Reduce GHG emissions of corporate
Slide 10: Reducing our own operational footprint
Reducing our own operational footprint Operational GHG emissions progress (GHG, in kilotonnes) Lease car fleet in the Netherlands to be fossil free in 2025 Base year 20 15 Scope 1 Continue to increase the use of energy -35% Scope 2 efficient technologies and procure a 10 Scope 3 (air travel) higher
Slide 11: We contribute to the well-being of people and the planet
We contribute to the well-being of people and the planet 1 Our Climate Action 2 Responsible Investment Plan, Ambition and and Biodiversity Own operational footprint 11
Slide 12: Actively engaging to achieve positive change
Actively engaging to achieve positive change Responsible Investment Active Ownership Restriction: a measure of last resort Framework Policy • Direct or collaborative engagement by NN • NN Group's norms-based RI criteria: a • Policy sets out approach to integrating ESG Group, external asset managers
Slide 13: Our approach to transitioning our proprietary investment portfolio to net-zero GHG emissions by 2050
Our approach to transitioning our proprietary investment portfolio to net-zero GHG emissions by 2050 Decarbonisation of investment portfolio Increasing investments in climate solutions • Paris alignment strategies for sovereign bonds, corporate investments1, • Dutch Climate Action Fund launched in p
Slide 14: Net-zero strategy for proprietary asset portfolio
Net-zero strategy for proprietary asset portfolio Targets and reference objectives per asset class Investments in climate solutions2 (30 June 2025) • Government bonds: improve weighted average Climate Score annually • Corporate investments1 reference objective: reduce GHG emissions by 25% by 2025 an
Slide 15: Steps in biodiversity – from investments to underwriting
Steps in biodiversity – from investments to underwriting Biodiversity approach for our proprietary Underwriting, Products & Biodiversity risk pilot & investments Services e-learning • NN Group committed to the Finance for Biodiversity Pledge • The environment is one of the topics in • Exploration of
Slide 16: We contribute to the well-being of people and the planet
We contribute to the well-being of people and the planet 1 Customers 1 2 Talented People Providing relevant products and services to 1 support customers through the challenges of today and tomorrow 3 Community 1 Investment 16
Slide 17: Access to products and services that help customers address societal challenges
Access to products and services that help customers address societal challenges Environmental Social • Woonnu sustainability check: Platform integrated into the mortgage- • Lower barriers to healthcare: Improve access through partnerships like advice software and helps advisors incorporate sustainab
Slide 18: Providing an excellent customer experience
Providing an excellent customer experience Customer needs shape the Innovating our business while Data privacy and protection customer experience adding value for our customers • Designated Data Protection Officers at HQ and BUs monitor compliance with GDPR1 • Our customers are the starting point of
Slide 19: We contribute to the well-being of people and the planet
We contribute to the well-being of people and the planet 1 Customers 2 Talented People Fostering an inclusive and inspiring culture that 1 supports continuous learning and collaboration in which employees can thrive 3 Community 1 Investment 19
Slide 20: Attracting, developing and retaining engaged employees
Attracting, developing and retaining engaged employees Employee value proposition Diversity, Equity, and Inclusion Optimising employee engagement • We care for what matters most. Guided by our • Promoting diversity in all forms, as set out in • Engagement is essential for long-term values—care, clea
Slide 21: We contribute to the well-being of people and the planet
We contribute to the well-being of people and the planet 1 Customers 2 Talented People 3 Community Investment 1 Being a good corporate citizen and contributing to the communities in which we live and operate 21
Slide 22: Positive impact in our communities
Positive impact in our communities Progress On target and ambitions Target: Support the financial, physical and/or mental well-being of 1 million people by 2025 and 2.5 million people by 20281 958K Philosophy: By staying close to who we are, what we value and by focusing on themes aligned with our P
Slide 23: Governance
Governance 1 Governance 1 2 Responsible Tax Sustainability is embedded throughout the 1 organisation and governance structure 23
Slide 24: Sustainability is embedded in our governance
Sustainability is embedded in our governance Strategy setting Strategy execution and monitoring Operational implementation 2nd Line of defence Supervisory Board Group Sustainability Council Center of Expertise Group Climate Enterprise Risk Management (ERM), Investment Supervises the strategy pursued
Slide 25: 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 David Cole (NL/US) Pauline van der Executive Board and the general course of affairs of NN Group Chair Meer Mohr (NL)¹ and its
Slide 26: Experienced and diverse Management Board
Experienced and diverse Management Board • Strong Management Board with the required skills and experiences Management Board • Average experience in the financial sector of over 20 years David Knibbe (NL) Annemiek van Chief Executive Officer 1 Melick (NL) • Diverse representation is promoted in our
Slide 27: ESG is integrated into remuneration
ESG is integrated into remuneration Remuneration principles ESG is integrated in objective setting Committed to closely monitor the • Supporting sustainable long-term value creation by • Annual target setting for senior leaders evolves around development of NN’s CEO pay ratio using performance objec
Slide 28: Governance
Governance 1 Governance 1 2 Responsible Tax We are committed to being a responsible 1 taxpayer 28
Slide 29: Strong commitment to responsible tax behaviour
Strong commitment to responsible tax behaviour Positive contributor to society Transparency and governance Our commitment has been • Acting according to the letter and the spirit of • Transparent about our approach to tax and consistently recognised the law and regulations of the countries in tax po
Slide 30: More information
More information 30
Slide 31: More information
More information Sustainability at NN Group Memberships and endorsements • Taking climate action: link • Responsible investment: link • Our approach to tax: link • Sustainable business operations: link • Sustainability governance, stakeholders, memberships and endorsements: link • Sustainability rat
Slide 32: 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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