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a . s . r . Utrecht , 19 August 2026 , 07.00 a.m. a.s.r. presents strong results over the first half of 2026 Stronger results across all business segments • • • Operating result increased by 9.8 % to € 901 million ( HY 20251 : € 821 million ) . Operating result of the Non - life segment increased by 4.6 % to € 268 million ( HY 20251 : € 256 million ) . The combined ratio² stood at 91.6 % ( HY 20251 : 91.4 % ) , better than the target range of 92-94 % . In the Life segment , the operating result increased by 11.6 % to € 689 million ( HY 2025 : € 618 million ) , driven by improved investment and underwriting results . Operating result of the fee - based businesses increased by 32.1 % to € 115 million ( HY 2025 : € 87 million ) , driven by improved results across all underlying businesses and the acquisition of Human TotalCare . Operating return on equity increased to 15.4 % ( HY 2025 : 14.2 % ) , comfortably above the target of > 12 % . Stronger solvency and higher organic capital creation • The Solvency II ratio as at 30 June 2026 increased to 222 % ( 31 December 2025 : 218 % ) . This increase reflects a 13 % -points contribution from organic capital creation , a minus 8 % -points impact from capital distribution ( interim dividend and share buyback ) , and a minus 1 % -point impact from market and operational movements and the deployment of capital . Organic capital creation increased by 7.3 % to € 773 million ( HY 2025 : € 721 million ) . • Interim dividend increased by 9.4 % to € 1.39 per share ( HY 2025 : € 1.27 per share ) , in line with the dividend policy and equal to 40 % of the absolute dividend amount paid for 2025 . • The € 175 million share buyback programme was successfully completed in the first half of 2026 . Commercial results Premiums received in P & C and Disability increased by 6.0 % through organic growth to € 2,709 million ( HY 2025 : € 2,555 million ) , outperforming the annual growth target of 3-5 % . • Inflow in Pensions was strong , reflecting € 1,545 million in DC inflow ( + 3.2 % vs HY 2025 ) and € 436 million in annuity inflow ( + 38.0 % vs HY 2025 ) . Inflow from pension buy - outs amounted to € 213 million in assets under management and was lower than last year ( HY 2025 : € 2,810 million ) . • DC pension assets under management increased by € 4.1 billion to € 34.1 billion ( 31 December 2025 : € 30.0 billion ) . • Mortgage production amounted to € 3.6 billion ( HY 2025 : € 4.5 billion ) . The decrease reflects the disciplined approach ( ' value over volume ' ) in a competitive mortgage market . Progress on sustainability - related objectives³ • • The carbon footprint of the investment portfolio decreased by 28.5 % at 30 June 2026 ( 31 December 2025 : 8.6 % ) compared to base year 2023 , already exceeding the level required to achieve the target of a 25 % reduction by 2030 . The significant improvement in the first half of 2026 was primarily driven by an update of CO2 emissions - related data in the government bond portfolio . Impact investments represented 10.1 % of investments ( 31 December 2025 : 10.1 % ) . The target is 10 % by 2027 . Customer satisfaction ( Net Promoter Score - interactions ) reached 27 ( HY 2025 : 22 points ) and already exceeds the level required to achieve the 2026 target of +4 points compared with 2024 ( 18 points ) . Employee engagement , measured through a Denison survey , stood at 77. The target is > 85 in 2026 . Gender diversity within management has improved . The proportion of women in management positions increased to 35 % ( 31 December 2025 : 34 % ) . The target is 40 % in 2026 . • a.s.r.'s sustainable reputation performance indicator increased to 45 % ( 2025 : 41 % ) , exceeding the target range of 38-43 % . 1 Comparative H1 2025 figures have been adjusted for consistency with the 2025 policy change relating to the treatment of incurred claims within the Individual disability portfolio . 2 P & C and Disability combined , excluding Health . 3 Targets as presented at the Capital Markets Day on 27 June 2024. Further information ; https://www.asrnl.com/-/media/files/asrnederland-nl/ duurzaam - ondernemen / strategisch - kader / alternative - performance - measures - non - financial - targets - asr.pdf 4 The 2023 base year has been restated to reflect the transfer of the Knab mortgage portfolio to BAWAG . 1