NN N : GRI Index 2020

NN Group N.V.

2020 GRI Index table, Progress reports to the Principles for Sustainable Insurance and the

UN Global Compact

NN Group N.V.

Committed to sustainable value creation

This document contains the GRI Index table and our Progress reports to the Principles for Sustainable Insurance and to the United Nations Global Compact. These reports serve as a reference to the relevant pages in our 2020 Annual Review, 2020 Financial Report and our corporate website.

The Hague,

11 March 2021

GRI Index	Principles for	United Nations
table	Sustainable Insurance	Global Compact

GRI Index table

Our Annual Report report has been prepared in accordance with the GRI Standards: Core option. This entails that we report at least one indicator for our material topics. In case we report on more indicators, these are also included in the table.

Reference

AR Annual Review

Financial Report

Indicator Description of indicator

NN Group website

Reference

General standard disclosures

• 102-1 Name of the organisation

• 102-2 Activities, brands, products, and services

• 102-3 Location of headquarters

• 102-4 Location of operations

• 102-5 Ownership and legal form

• 102-6 Markets served

• 102-7 Scale of the organisation

• 102-8 Information on employees and other workers

• 102-9 Supply chain

• 102-10 Significant changes to the organisation and its supply chain

• 102-11 Precautionary Principle or approach

• 102-12 External initiatives

• 102-13 Membership of associations

• 102-14 Statement from senior decision-maker

• 102-15 Key impacts, risks, and opportunities

• 102-16 Values, principles, standards, and norms of behaviour

• 102-17 Mechanisms for advice and concerns about ethics

• 102-18 Governance structure

• 102-19 Delegating authority

• 102-20 Executive-level responsibility for economic, environmental, and social topics

• 102-21 Consulting stakeholders on economic, environmental, and social topics

• 102-22 Composition of the highest governance body and its committees

• 102-23 Chair of the highest governance body

• 102-24 Nominating and selecting the highest governance body

• 102-25 Conflicts of interest

AR Contact and legal information

AR Who we are

AR Contact and legal information

AR Who we are

Who we are

AR How we are organised

AR Who we are

Notes to the consolidated annual accounts (Note 32)

AR Who we are, Our strategy - Netherlands, International

Insurance, Asset Management, Facts and figures

AR We partially report on this disclosure in Creating value for our stakeholders - Employees, Facts and figures

AR Who we are, Creating value for our stakeholders - Society

AR Our approach to reporting

FR Notes to the consolidated annual accounts (Note 51)

AR Stakeholder engagement and international commitmentsSustainability/Governance, memberships and endorsements

AR Stakeholder engagement and international commitmentsSustainability/Governance, memberships and endorsements

AR CEO viewpoint

Report of the Supervisory Board

AR Our operating environment, Our strategy

AR Our values, Our Code of Conduct and other policies

AR Our values, Our Code of Conduct and other policies

Notes to the consolidated annual accounts (Note 51)

Who we are/Corporate governance

AR How we are organised

Corporate governance

Who we are/Corporate governance

AR How we are organised

Corporate governance

Who we are/Corporate governance

AR How we are organised

Society/Governance, memberships and endorsements

AR Our operating environment, Stakeholder engagement and international commitments

AR How we are organised

Corporate governance

Who we are/Corporate governance

FR Corporate governance

FR Corporate governance

Who we are/Corporate governance

FR Corporate governance

Who we are/Corporate governance

1

Indicator Description of indicator

• 102-26 Role of highest governance body in setting purpose, values, and strategy

• 102-27 Collective knowledge of highest governance body

• 102-28 Evaluating the highest governance body's performance

• 102-29 Identifying and managing economic, environmental, and social impacts

• 102-30 Effectiveness of risk management processes

• 102-31 Review of economic, environmental, and social topics

• 102-32 Highest governance body's role in sustainability reporting

• 102-33 Communicating critical concerns

• 102-34 Nature and total number of critical concerns

• 102-35 Remuneration policies

• 102-36 Process for determining remuneration

• 102-37 Stakeholders' involvement in remuneration

• 102-38 Annual total compensation ratio

• 102-39 Percentage increase in annual total compensation ratio

• 102-40 List of stakeholder groups

• 102-41 Collective bargaining agreements

• 102-42 Identifying and selecting stakeholders

• 102-43 Approach to stakeholder engagement

• 102-44 Key topics and concerns raised

• 102-45 Entities included in the consolidated financial statements

• 102-46 Defining report content and topic boundaries

• 102-47 List of material topics

• 102-48 Restatements of information

• 102-49 Changes in reporting

• 102-50 Reporting period

• 102-51 Date of most recent report

• 102-52 Reporting cycle

• 102-53 Contact point for questions regarding the report

• 102-54 Claims of reporting in accordance with the GRI Standards

• 102-55 GRI content index

• 102-56 External assurance

GRI Index	Principles for	United Nations
table	Sustainable Insurance	Global Compact
Reference

AR Our values, How we are organised

Corporate governance

AR Our values

Report of the Supervisory Board

FR Report of the Supervisory Board, Corporate governance,

Remuneration Report

AR Our operating environment, How we are organised

Corporate governance, Notes to the consolidated annual accounts (Note 51)

AR Our operating environment, Risk management

Corporate governance, Notes to the consolidated annual accounts (Note 51)

FR Report of the Supervisory Board, Corporate governance

AR How we are organised, Our approach to reportingSustainability/Governance, memberships and endorsementsFR Corporate governance, Report of the Supervisory Board

FR Report of the Supervisory Board

FR Remuneration report

FR Remuneration report

FR Remuneration report

FR Remuneration report (aggregated level)

FR 2020 ratio not reported. For CEO compensation and staff expenses, see Remuneration report and Notes to the consolidated annual accounts (Note 28)

AR Stakeholder engagement and international commitments

AR Empowering our people to be their best, Facts and figures

AR Determining material topics, Stakeholder engagement and international commitments

AR Determining material topics,

Stakeholder engagement and international commitmentsAR Stakeholder engagement and international commitments

FR Notes to the consolidated annual accounts (Note 32)

AR Our approach to reporting

AR Determining material topics

FR Notes to the consolidated annual accounts (Note 1)

AR Our approach to reporting

AR Our approach to reporting

AR Our approach to reporting

AR Our approach to reporting

AR Contact and legal information

AR Our approach to reporting

2020 GRI Index table

AR Our approach to reporting, Assurance report of the independent auditor

Indicator Description of indicator

Reference

Specific standard disclosures

Economic

• 103 Disclosure on Management Approach

• 201-1 Direct economic value generated and distributed

• 201-2 Financial implications and other risks and opportunities due to climate change

• 201-3 Defined benefit plan obligations and other retirement plans

• 202-2 Proportion of senior management hired from the local community

Indirect economic impacts

• 103 Disclosure on Management Approach

• 203-1 Infrastructure investments and services supported

• 203-2 Significant indirect economic impacts

Anti-corruption

• 103 Disclosure on Management Approach

• 205-1 Operations assessed for risks related to corruption

• 205-2 Communication and training about anti-corruption policies and procedures

• 205-3 Confirmed incidents of corruption and actions taken

Environmental

• 302-1 Energy consumption within the organisation

• 302-2 Energy consumption outside of the organisation

• 302-3 Energy intensity

• 302-4 Reduction of energy consumption

• 305-1 Direct (Scope 1) GHG emissions

• 305-2 Energy indirect (Scope 2) GHG emissions

• 305-3 Other indirect (Scope 3) GHG emissions

• 305-4 GHG emissions intensity

• 305-5 Reduction of GHG emissions

• 308-1 New suppliers that were screened using environmental criteria

Employment

• 103 Disclosure on Management Approach

• 401-1 New employee hires and employee turnover

• 401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees

• 402-1 Minimum notice periods regarding operational changes

• 403-2 Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities

• 403-4 Health and safety topics covered in formal agreements with trade unions

Training & education

• 103 Disclosure on Management Approach

• 404-1 Average hours of training per year per employee

• 404-2 Programmes for upgrading employee skills and transition assistance programmesAR Determining material topics, Our strategy, Creating and sharing value

AR Determining material topics, NN Group's strategic priorities, Creating value for our stakeholders

AR Determining material topics, Our response to the Task Force on

Climate-related Financial Disclosures

FR Notes to the consolidated annual accounts (Note 28) AR Creating value for our stakeholders - Employees

AR Determining material topics, Our strategy,

Creating value for our stakeholders

AR Creating value for our stakeholders, Facts and figures AR Creating value for our stakeholders, Facts and figures

AR Determining material topics

FR Notes to the consolidated annual accounts (Note 51) AR Our values

Notes to the consolidated annual accounts (Note 51)

AR Facts and figures (incidents of fraud). Fraud and corruption

are also included in our operational risk management (process)

AR Creating a positive impact on society, Facts and figures AR Facts and figures

AR Facts and figures

AR Creating a positive impact on society, Facts and figures AR Facts and figures

AR Facts and figures AR Facts and figures AR Facts and figures AR Facts and figures

AR Creating a positive impact on society (process)

AR Our strategy, Creating value for our stakeholders - Employees AR Facts and figures (aggregated level)

AR Creating value for our stakeholders - Employees, Facts and figures

Notes to the consolidated annual accounts (Note 28)

AR Creating value for our stakeholders - Employees

AR Creating value for our stakeholders - Employees, Facts and figures (aggregated level)

AR Creating value for our stakeholders - Employees (Netherlands only, not reported). Refer also to nn-group.com/careers

AR Our strategy, Creating value for our stakeholders

AR We partially report on this disclosure in Creating value for our stakeholders - Employees, Facts and figures (total spend and spend/FTE)

AR Creating value for our stakeholders - Employees, Facts and figures

Indicator Description of indicator

404-3

Percentage of employees receiving regular performance and career development reviews

Diversity & equal opportunities

• 103 Disclosure on Management Approach

• 405-1 Diversity of governance bodies and employees

• 412-2 Employee training on human rights policies or procedures

• 412-3 Significant investment agreements and contracts that include human rights clauses or that underwent human rights screening

Local communities

103 413-1

Disclosure on Management Approach

Operations with local community engagement, impact assessments, and development programmes

FS14

Initiatives to improve access to financial services for disadvantaged people

414-1

New suppliers that were screened using social criteria

Marketing & product and service labeling

DMA (FS15)Policies for the fair design of financial products and services

DMA (FS16)Initiatives to enhance financial literacy by type of beneficiary

• 417-1 Requirements for product and service information and labeling

• 417-2 Incidents of non-compliance concerning product and service information and labeling

• 417-3 Incidents of non-compliance concerning marketing communications

Customer privacy

418-1

Substantiated complaints concerning breaches of customer privacy and losses of customer data

Socioeconomic compliance

419-1

Non-compliance with laws and regulations in the social and economic area

Product portfolio

• FS6 Percentage of the portfolio for business lines by specific region, size

• FS7 Monetary value of products and services designed to deliver a specific social benefit for each business line, broken down by purpose

• FS8 Monetary value of products and services designed to deliver a specific environmental benefit for each business line, broken down by purpose

Audit

DMA (FS9)Coverage and frequency of audits to assess implementation of environmental and social policies and risk assessment procedures

Active ownership

DMA (FS12)Voting policy(ies) applied to environmental or social issues for shares over which the reporting organisation holds the right to vote shares or advises on voting.

FS 10

Percentage and number of companies held in the institutions portfolio with which the reporting organisation has interacted on environmental or social issues

FS 11

Percentage of assets subject to positive and negative environmental or social screening

Reference

AR Facts and figures

AR Determining material topics,

Our strategy, Creating value for our stakeholders - Employees

AR Creating value for our stakeholders - Employees, How we are organised, Facts and figures

Corporate governance

AR Stakeholder engagement and international commitments

AR Responsible investment, Facts and figures, NN Investment Partners' Responsible Investing Report 2020

AR Our strategy, Creating value for our stakeholders - Society

AR Creating value for our stakeholders - Society, Facts and figures

AR Creating value for our stakeholders - Customers, Society,

Facts and figures

AR Creating value for our stakeholders - Society (process)

AR Determining material topics, Creating value for our stakeholders

- Customers

AR Creating value for our stakeholders, Customers, Society

AR Creating value for our stakeholders - Customers

AR Creating value for our stakeholders - Customers (process)

AR Creating value for our stakeholders - Customers

Notes to the consolidated annual accounts (Note 44)

AR Determining material topics (process, no data reported yet)

FR Legal proceedings

AR Who we are, Our strategy - Netherlands, International Insurance, Asset Management

AR Creating value for our stakeholders - Customers, Society, Facts and figures

AR Creating value for our stakeholders - Customers, Society, Facts and figures

AR Our approach to reporting

AR Creating value for our stakeholders - Society, Facts and figures,

In society/Responsible investment, NN Investment Partners'Responsible Investing Report 2020

AR Creating value for our stakeholders - Society, Facts and figures,

NN Investment Partners' Responsible Investing Report 2020

AR Creating value for our stakeholders - Society, Facts and figures,

NN Investment Partners' Responsible Investing Report 2020

GRI Index	Principles for	United Nations
table	Sustainable Insurance	Global Compact

GRI Index table - Tax

In 2019, the Global Reporting Initiative launched the 207 Tax standard, which is the first global standard for comprehensive tax disclosure at the country-by-country level. As from 2021, the 207 Tax standard is effective and NN Group is guided by this standard in reporting on its tax position. The below index table services as a reference from the GRI 207 Tax Disclosure to the relevant sections in our 2020 Total tax Contribution, Annual Review, Financial Report, and our corporate website.

GRI 207: Tax 2020

Reference

AR Annual Review

Financial Report

TC Total Tax Contribution Report NN NN Group website

Indicator Description of indicator 207-1 Approach to tax 207-1 a A description of the approach to tax, including:Reference

207-1 a iPublicly available tax strategy

NN In society/NN's Approach to tax/Group Tax charter

207-1 a ii

Approvement and review of tax strategy

TC Our Approach to tax

207-1 a iii The approach to regulatory compliance

TC Our Approach to tax

• 207-1 a iv Link between approach to tax and the company's business and sustainable development strategies

  TC Our Approach to tax

• 207-2 Tax Governance, control and risk management 207-2 a Description of the tax governance and control framework, including:

207-2 a iInternal governance of compliance with the tax strategy

NN Sustainability/NN's Approach to tax/Group Tax charter

207-2 a ii

Embedding of approach to tax within the organisation

NN Sustainability/NN's Approach to tax/Group Tax charter

207-2 a iii Description of Tax risk policy

NN Sustainability/NN's Approach to tax/Group Tax charter

207-2 a iv Evaluation of compliance with the tax governance and control framework

NN Sustainability/NN's Approach to tax/Group Tax charter

207-2 bWhistleblower policy

AR Our Code of Conduct and other policies

• 207-2 c

  A description and reference to the assurance process for disclosures on tax

  AR Our approach to reporting

• 207-3 Stakeholder engagement and management of concerns related to tax

The reporting organisation shall report the following information 207-3 a A description of the tax governance and control framework, including:

207-3 i

The approach to engagement with tax authorities

TC Our Approach to tax

207-3 ii

The approach to public policy advocacy on tax

TC Our Approach to tax

207-3 iii

The processes for collecting and considering the views and

TC Our Approach to tax

Indicator Description of indicator 207-4 County by Country reportingReference

The reporting organisation shall report the following information

207-4 aAll tax jurisdictions where the entities included in the organisation's audited consolidated financial statements are resident for tax purposes

207-4 bFor each tax jurisdiction reported in Disclosure 207-4-a:

207-4 b i

Names of the resident entities

207-4 b ii

Primary activities of the organisation

207-4 b iii Number of employees, and the basis of calculation of this number

TC Corporate Income Tax in the Annual Accounts

207-4 b iv Revenues from third-party sales

207-4 b v Revenues from intra-group transactions with other tax jurisdictions

207-4 b vi Profit/loss before tax

207-4 b vii Tangible assets other than cash and cash equivalents

207-4 b viii Corporate income tax paid on a cash basis

207-4 b ix Corporate income tax accrued on profit/loss

207-4 b x Reasons for the difference between corporate income tax accrued on profit/ loss and the tax due if the statutory tax rate is applied to profit/loss before tax

• 207-4 cThe time period covered by the information reported in Disclosure 207-4

• 207-4 Reporting recommendation

• 2.3.1 Total employee remuneration

  TC Corporate Income Tax in the Annual Accounts

• 2.3.2 Taxes withheld and paid on behalf of employees

• 2.3.3 Taxes collected from customers on behalf of a tax authority

• 2.3.4 Industry-related and ther taxes or payments to governments

• 2.3.5 Significant uncertain tax positions

• 2.3.6 Balance of intra-company debt held by entities in the tax jurisdiction, and the basis of calculation of the interest rate paid on the debt

TC Corporate Income Tax in the Annual Accounts

TC Corporate Income Tax in the Annual Accounts

TC Corporate Income Tax in the Annual AccountsTC Corporate Income Tax in the Annual Accounts

TC Not specified

TC Not specified

TC Corporate Income Tax in the Annual Accounts

TC Corporate Income Tax in the Annual Accounts

TC Corporate Income Tax in the Annual Accounts

TC Corporate Income Tax in the Annual Accounts

TC Corporate Income Tax in the Annual AccountsFR Note 28 to the annual accounts

TC Total Tax contribution 2020

TC Total Tax contribution 2020

TC Banking tax currently not in scope of the TTC

TC Not applicable

TC Not specified

Principles for Sustainable Insurance Progress report 2020

In June 2012, we became a founding signatory of the

UN Principles for Sustainable Insurance. We report on our progress in implementing the principles in our business operations throughout the NN Group Annual Report.

Our commitment

Our goals

We will embed in our decision-making Increase ESG-integrated Assets under

environmental, social and governance issues, relevant to our business

Management (80% by 2023)Maintain an up-to-date environmental and social risk policy frameworkDevelop a set of ambitions, goals and performance indicators for our insurance and asset management business

We will work together with clients and business partners to raise awareness of environmental, social and governance issues, manage risk and develop solutions

Grow the Assets under Management in sustainable and impact strategiesManage our direct footprint and review our procurement process in order to create more sustainable practices

We will work together with governments, regulators and other key stakeholders to promote widespread action across society on environmental, social and governance issues

Engage with stakeholders on general developments or more specific issuesPromote responsible insurance and asset management amongst key stakeholdersCreate positive change in the communities where we operate by supporting people to improve their financial wellbeing and help them overcome adversity. Reach out to at least 100,000 young people by 2020

We will demonstrate accountability and transparency in regularly disclosing publicly on our progress in implementing the principles

Ensure public disclosure of our non-financial objectives, and the progress we make, in our annual reportingThe overview below provides a selection of examples from this progress, including references to the relevant pages in the report.

AR Annual ReviewNN Group website

Our progress 2020

Percentage of ESG-integrated Assets under Management increased to 74% (from 68% at year-end 2019)

AR pages 14-15, 20-21, 36-38, 66

Building on the NN Group Responsible Investment Framework policy, we launched our ambition to targeting a net-zero carbon proprietary investment portfolio by 2050. Also in other business activities and policies, we integrate e.g. climate-related risks.

AR pages 36-38, 48-49, 50-53www.nn-group.com/Sustainability

New financial and non-financial 2023 targets were published in June 2020

AR pages 11-15

Assets under Management in sustainable and impact strategies increased with 29% to EUR 29.3 billion, compared to 2019

AR pages 36-38, 41-42, 66www.nnip.com/en-INT/professional/asset-management/responsible-investingCarbon emissions from our business operations decreased by 43%/FTE compared to 2019. NN Group continued the embedding of sustainability in the procurement policy and process.

AR pages 39, 41-42, 69

We entered into dialogue with various stakeholders on different topics. More in particular, we participate in the Commitment of the financial sector to the Dutch Climate Agreement.

AR pages 9, 48-49

We also published several reports on sustainability topicswww.nn-group.com; www.nnip.com

We are an active member of various (inter) national organisations and networks. NN is a (board) member of the Institutional Investors Group on Climate Change, and the UN Global Compact Netherlands.

AR pages 48-49www.nn-group.com/In-society/Governance-memberships-and-endorsements.htm

We aim to contribute to positive change as we support investee companies to seek improvement in ESG policies and practices

AR pages 36-38, 66www.nnip.com/en-INT/professional/asset-management/responsible-investingYoung people reached (15,834 in 2020; totalling 154,192) through NN Future Matters programme (exceeding our 2020 target). Total funds donated in 2020 to charitable organisations was EUR 4.7 million.

AR pages 39-40, 41-42, 68www.nn-group.com/In-society.htmNN Group published our 2020 Annual Report, consisting of an integrated Annual Review and the Financial Report. This table serves as a cross-reference to the relevant sections in these reports and our website.

United Nations Global Compact Progress report 2020

UN Global Compact

Principle 1

Business should support and respect the protection of internationally proclaimed human rights

The NN statement of Living our Values includes the commitment to respect human rights.

Human rights are an integral part of NN Group's Responsible Investment Framework policy that applies to all asset classes.

We ask our suppliers to agree to comply with the UNGC principles that promote human rights, fair labour practices, environmental protection, and anti-corruption.

NN Group is a member of various international networks and initiatives.

Principle 2

Business should ensure that they are not complicit in human rights abuses

Principle 3/ILO Conventions 87 and 98

Business should uphold the freedom of association and the effective recognition of the right to collective bargaining

The NN statement of Living our Values includes the commitment to respect human rights, advocate equal opportunities and encourage diversity of thinking.

At NN Group, we uphold the freedom of association for all our employees and recognise the right to collective bargaining.

Human rights are an integral part of NN Group's Responsible Investment Framework policy and applies to all asset classes.

We ask our suppliers to agree to comply with the UNGC principles that promote human rights, fair labour practices, environmental protection and anti-corruption.

Principle 4/ILO Conventions 29 and 105

Business should support the elimination of all forms of forced and compulsory labour

Principle 5/ILO Conventions 138 and 182

Business should support the effective abolition of child labour

The NN statement of Living our Values includes the commitment to respect human rights.

Human rights are an integral part of NN Group's Responsible Investment Framework policy and applies to all asset classes.

We ask our suppliers to agree to comply with the UNGC principles that promote human rights, fair labour practices, environmental protection and anti-corruption.

NN Group commitment

The NN statement of Living our Values includes the commitment to respect human rights.

Human rights are an integral part of NN Group's Responsible Investment Framework policy that applies to all asset classes.

We ask our suppliers to agree to comply with the UNGC principles that promote human rights, fair labour practices, environmental protection, and anti-corruption.

NN Group is a member of various international networks and initiatives.

The NN statement of Living our Values includes the commitment to respect human rights.

Human rights are an integral part of NN Group's Responsible Investment Framework policy and applies to all asset classes.

We ask our suppliers to agree to comply with the UNGC principles that promote human rights, fair labour practices, environmental protection and anti-corruption.

Performance

Living our Values programme

Corporate Human Rights Statement (2017)

NN Group Responsible Investment Framework policy including norms-based criteria. NN is an active participant within the ICSR covenant for the Dutch insurance sector, aiming to strengthen ESG due diligence in line with the OECD Guidelines and the Principles for Business and Human Rights.

Procurement Policy

NN Group memberships

AR pages 24-27, 29-31, 36-40, 43-45, 48-49www.nn-group.com

Living our Values programme

Corporate Human Rights Statement (2017)

NN Group Responsible Investment Framework policy including norms-based criteria. NN is an active participant within the ICSR covenant for the Dutch insurance sector, aiming to strengthen ESG due diligence in line with the OECD Guidelines and the Principles for Business and Human Rights.

Procurement Policy

NN Group memberships

AR pages 24-27, 29-31, 36-40, 43-45, 48-49www.nn-group.com

Living our Values programme

Corporate Human Rights Statement (2017). In 2020, we launched the NN Statement on Diversity & Inclusion and appointed a dedicated D&I specialist.

Human Capital Policy. At the time of publication, discussions with the trade unions on a new collective labour agreement (CLA) for the Netherlands were ongoing.

NN Group Responsible Investment Framework policy, including norms-based criteria

Procurement Policy

AR pages 24-27, 29-31, 36-40, 43-45, 48-49www.nn-group.com

Living our Values programme

Corporate Human Rights Statement (2017)

NN Group Responsible Investment Framework policy, including norms-based criteria. NN IP performs thematic engagement on Decent work.

Procurement Policy

AR pages 36-40, 43-45www.nn-group.com

Living our Values programme

Corporate Human Rights Statement (2017)

NN Group Responsible Investment Framework policy, including norms-based criteria.NN IP performs thematic engagement on Decent work.

Procurement Policy

AR pages 36-40, 43-45www.nn-group.com

United Nations Global Compact Progress report 2020 Continued

UN Global Compact

Principle 6/ILO Conventions 100 and 111

Business should support the elimination of discrimination in respect of employment and occupation

The NN statement of Living our Values includes the commitment to respect human rights.

At NN Group, we believe it is right for the composition of our workforce to reflect that of society and for our people to bring a diversity of talents, beliefs and perceptions to their work.

Principle 7

Business should support a precautionary approach to environmental challenges

Principle 8

Business should undertake initiatives to promote greater environmental responsibility

The NN statement of Living our Values includes the commitment to respect each other and the world we live in.

NN Group's Responsible Investment Framework policy aims to mitigate environmental and social risk of our investment activities.

NN Group's Procurement Policy includes environmental issues, this is to ensure environmental sustainability.

NN Group is a member of various international networks and initiatives.

Principle 9

Business should encourage the development and diffusion of environmentally friendly technologies

Principle 10

Business should work against corruption in all its forms, including extortion and bribery

The NN statement of Living our Values includes the commitment to act with integrity.

NN Group has zero tolerance towards bribery and corruption and has clear policies on this.

NN Group implements a Code of Conduct including Financial Economic Crime (FEC).

NN Group commitment

The NN statement of Living our Values includes the commitment to respect each other and the world we live in.

NN Group's Responsible Investment Framework policy aims to mitigate environmental and social risk of our investment activities.

NN Group's environmental approach aims to minimise the environmental impact of our own operations.

NN Group's Procurement Policy includes environmental aspects.

The NN statement of Living our Values includes the commitment to respect each other and the world we live in.

Grow assets under management in sustainable and impact strategies, and expand related product offering.

Performance

Living our Values programme

Corporate Human Rights Statement (2017)

Human Capital Policy, In 2020, we launched the NN Statement on Diversity & Inclusion and appointed a dedicated D&I specialist. Decent work is one of NN IP's thematic engagements.

AR pages 29-31, 36-38, 43-45www.nn-group.com

NN statement of Living our Values

Building on the NN Group Responsible Investment Framework policy (including our Statement on Coal,) we launched our ambition to accelerate the transition to a sustainable economy by targeting a net-zero carbon proprietary investment portfolio by 2050.

Corporate Environmental Statement (2017) Procurement Policy

AR pages 36-40, 41-42,50-53, 58-60, 66, 69www.nn-group.com

Living our Values programme

Building on the NN Group Responsible Investment Framework policy (including our Statement on Coal,) we launched our ambition to accelerate the transition to a sustainable economy by targeting a net-zero carbon proprietary investment portfolio by 2050. NN Investment Partners held 1,269 dialogues with issuers on ESG factors (of which 36% on environmental issues).

NN Investment Partners signed the Finance for Biodiversity pledge.

Corporate Environmental Statement (2017) Procurement Policy

AR pages 36-40, 41-42,50-53, 58-60, 66, 69www.nn-group.com

Living our Values programme

Further strengthened the NN Group Responsible Investment Framework policy by publishing our Statement on Coal.

Assets under Management in sustainable and impact strategies increased with 29% compared to 2019 to EUR 29.3bn. NN Investment Partners expanded its green bond funds range, reaching a total of EUR 3.5bn AuM at year-end 2020.

AR pages 36-40, 41-42,50-53, 58-60, 66www.nn-group.com/In-society.htm; www.nnip.com

Living our Values programme

Launch of a Digital compliance dashboard bringing together multiple data sources, facilitating effective and efficient compliance monitoring. Acknowledgement of NN Code of Conduct (100%)

Our Code of Conduct and other policies

AR pages 43-47, 58-60www.nn-group.com/Who-we-are.htm

NN Group N.V. Schenkkade 65 2595 AS Den Haag

P.O. Box 90504, 2509 LM Den Haag The Netherlandswww.nn-group.com