Dear shareholder,

Below you find a full account of our remuneration policies and how we implemented them in 2025.

Key highlights for the year in terms of remuneration matters include:

• Remuneration reports: At the 2025 AGM, shareholders issued a positive vote on the 2024 remuneration reports for both the Management Board and Supervisory Board, with support exceeding 97% and 99% respectively.

• Adoption of Management Board Remuneration Policy update: Pursuant to Dutch law, the Management Board Remuneration Policy (RP 2026) was submitted to the 2025 AGM for adoption following thorough preparation which included the support of an independent external remuneration advisor, and stakeholder engagement. During these engagement meetings, we experienced a continued support for the principles of RP 2022 and the proposed minor updates to the policy text and the update of the peer group. As a Committee, we are pleased that shareholders expressed strong support at the AGM and adopted RP 2026 with over 97% of the votes. RP 2026 will take effect on January 1, 2026; this report is based on RP 2022, which governed remuneration in 2025.

• Business performance: The Company delivered a strong performance across the Group, as well as on the Profitability, Growth and Sustainability performance targets as set for 2025. As a result, the variable compensation for the Management Board (STI) was awarded accordingly.

• Transparency and Disclosure: We remain committed to transparent reporting and and continue to provide disclosures on STI targets and outcomes to enable shareholders to assess pay for performance alignment.

At the end of this report, you will find our outlook for 2026 in terms of remuneration.
We look forward to engaging with you on this report and thank you for your continued support.
On behalf of the Appointment and Remuneration Committee,

Allard Castelein, Chair for remuneration matters