Remuneration paid to SB members is not linked to the financial performance of a.s.r. and none of the SB members own a.s.r. shares. SB members are entitled to the following remuneration, as adopted by the 2019 AGM:

• A base fee for each SB member and the chair.

• A committee fee for each member and chair of a committee of the SB.

In determining the level of remuneration, the responsibilities and time commitment of an SB of a listed financial institution are taken into account as stated in the Dutch Corporate Governance Code, including with respect to:

• Revised and increased legislation and regulations.

• Fundamental changes in the nature and complexity of the business and governance.

• a.s.r.’s profile, in which organic growth, mergers, acquisitions and collaborations in complex insurance areas are actively explored and / or pursued.

The remuneration level within the reference group used is also taken into consideration. The reference group for the SB is the same as the reference group used for the EB.

An overview of the committee fees for the SB is shown in the table on this page.

SB members who also serve on the SB of ASR Basis / Aanvullende Ziektekostenverzekeringen N.V. or on the SB of ASR PPI receive an additional € 5,000 per annum. No additional fees are paid to EB members who are also members of the SB of a Group company.

Remuneration of Supervisory Board members in 2022

The remuneration of current and former members of the SB is in accordance with the remuneration policy. Neither a.s.r. nor any Group company provides loans, advances or guarantees on behalf of an SB member.

A basic principle of a.s.r.’s current remuneration policy (both for the EB and the SB) is that remuneration should be just below the median for the reference group. The current remuneration of the SB has not been adjusted since 2019. A yearly benchmark study commissioned by the SB shows that the remuneration levels of the SB are significantly below the median for the reference group.

The responsibilities and time commitment of SB members have become considerably more intense and complex in recent years. Also, a.s.r. has experienced important developments, whereby changes in the nature and complexity of the business and governance have led to an improved growth and profit profile. a.s.r. has also strengthened itself in recent years with targeted acquisitions. The successful completion and integration of the Aegon Transaction could well become one of the biggest achievements. These continuing developments require solid knowledge and experience at SB level, as well as an increased time commitment.

To address the above, the SB will propose to amend the remuneration of the SB at the 2023 AGM.

• ¹ Joop Wijn was appointed chair of the SB on 19 May 2021. Fees in 2022 are amounts received as chair of the N&ESG Committee (€ 10,000) and member of the Remuneration Committee (€ 5,000). Fees in 2021 are amounts received as member and subsequently chair of the N&ESG Committee (€ 7,917) and member of the Remuneration Committee (€ 5,000).
• ² Fees are amounts received as member of the Audit & Risk Committee (€ 10,000), member of the Remuneration Committee (€ 5,000), and a partial year in 2021 as member of the N&ESG Committee (€ 3,750).
• ³ Fees are amounts received as chair of the Audit & Risk Committee (€ 15,000) and member of the SB of ASR Basis/Aanvullende Ziektekostenverzekeringen N.V. (€ 5,000 in 2022; € 4,000 in 2021).
• ⁴ Fees are amounts received as member of the N&ESG Committee (€ 5,000), chair of the Remuneration Committee (€ 10,000), member of the SB of ASR Basis/Aanvullende Ziektekostenverzekeringen N.V. (€ 5,000 in 2022; € 3,000 in 2021, reflecting a partial year), and a partial year in 2022 as member of the SB of PPI (€ 2,500).
• ⁵ Fees are amounts received as member of the Audit & Risk Committee (€ 10,000) and member of the N&ESG Committee (€ 5,000 in 2022; € 1,250 in 2021, reflecting a partial year).

• ¹ Joop Wijn was appointed chair of the SB on 19 May 2021. Fees in 2022 are amounts received as chair of the N&ESG Committee (€ 10,000) and member of the Remuneration Committee (€ 5,000). Fees in 2021 are amounts received as member and subsequently chair of the N&ESG Committee (€ 7,917) and member of the Remuneration Committee (€ 5,000).
• ² Fees are amounts received as member of the Audit & Risk Committee (€ 10,000), member of the Remuneration Committee (€ 5,000), and a partial year in 2021 as member of the N&ESG Committee (€ 3,750).
• ³ Fees are amounts received as chair of the Audit & Risk Committee (€ 15,000) and member of the SB of ASR Basis/Aanvullende Ziektekostenverzekeringen N.V. (€ 5,000 in 2022; € 4,000 in 2021).
• ⁴ Fees are amounts received as member of the N&ESG Committee (€ 5,000), chair of the Remuneration Committee (€ 10,000), member of the SB of ASR Basis/Aanvullende Ziektekostenverzekeringen N.V. (€ 5,000 in 2022; € 3,000 in 2021, reflecting a partial year), and a partial year in 2022 as member of the SB of PPI (€ 2,500).
• ⁵ Fees are amounts received as member of the Audit & Risk Committee (€ 10,000) and member of the N&ESG Committee (€ 5,000 in 2022; € 1,250 in 2021, reflecting a partial year).
• ⁶ Kick van der Pol left the SB as of 19 May 2021. The remuneration figures for 2021 reflect a partial year as SB member. Fees are amounts received as chair of the N&ESG Committee (€ 4.167), member of the Remuneration Committee (€ 2,083) and member of the SB of ASR Basis/Aanvullende Ziektekostenverzekeringen N.V. (€ 1,667).