Since 1 July 2025, your accrued pension has been transferred to Aegon Life Insurance, a subsidiary of a.s.r.. This means you have a direct pension entitlement with Aegon. This entitlement is equal to the pension you accrued with SPS. It is a guaranteed pension that cannot be reduced by Aegon. This transfer from the Staples pension fund to Aegon also changes the way in which your accrued pension will be increased in the future. Until now, your pension was increased on the basis of Dutch price inflation. This depended on market conditions, the financial situation of the pension fund and legislation and regulations. From 1 January 2026, your pension will be increased each year in line with European price inflation (HICPxT). If this price inflation rises by more than 20% in any given year, your pension will be increased by a maximum of 20%. The annual increases are guaranteed, so they are unconditional. If prices fall and European price developments are negative, you will not receive an increase, but your pension will not be reduced either. However, this reduction will be offset by future increases in the European price index.