Dividend policy and dividend history

NN Group intends to pay a progressive ordinary dividend per share. NN Group intends to declare an interim dividend, which will be calculated at approximately 40% of the prior year’s full-year dividend, with the disclosure of its first half-year results and to propose a final dividend at the annual general meeting of shareholders. NN Group intends to pay dividends in cash, after deduction of withholding tax if applicable. However, NN Group will have the discretion to make dividend payments solely in ordinary shares or offer the shareholder a choice between cash or stock dividends, if appropriate under the prevailing circumstances. Dividends paid in the form of ordinary shares will be delivered from NN Group treasury shares or issued from the share premium reserve. NN Group intends to neutralise the dilutive effect of the stock dividend through repurchase of ordinary shares.

NN Group also intends to execute a recurring annual share buyback of an amount determined at its discretion. Additional excess capital is to be returned to shareholders unless it can be used for value creating opportunities.

When proposing a dividend or announcing a buyback, NN Group will take into account, among other things, its capital position, leverage and liquidity position, regulatory requirements and strategic considerations as well as the expected developments thereof. There is no requirement or assurance that NN Group will declare and pay any dividends or execute a buyback programme. On the basis of Solvency II regulatory capital requirements, dividends or buybacks can only be paid out if NN Group is compliant with the group Solvency Capital Requirement within the meaning of the Solvency II legislation.

At the annual general meeting on 21 May 2026, a final dividend will be proposed of EUR 2.50 per ordinary share, or approximately EUR 655 million in total based on the number of outstanding shares (net of treasury shares) as of the announcement of the full year results. Dividends are paid fully in cash, after deduction of withholding tax if applicable.

For further information regarding the rights connected to and the characteristics of the ordinary shares, reference is made to the articles of association of NN Group and the relevant parts of the annual report which are both available on this website. Reference is also made to the press release published on 12 February 2026.

If the proposed dividend is adopted by the General Meeting, the below dates will apply:

The dividend timeline is based on specific guidelines for both final and interim dividends. The ex-dividend date for the final dividend is typically set two business days after the AGM, while for the interim dividend, it is typically set two business days after the 1H publication. The record date follows the ex-dividend date by the next business day, and the proceeds are generally paid out within 15 business days after the record date for both dividends.