Alpina Group Compensation Policy

Alpina is part of the Alpina Group B.V.

At Alpina Group, customer-focused, sustainable, and ethical business practices are central to our operations. Our compensation policy is fully aligned with these principles and is designed to encourage ethical behavior, enhance customer value, and promote sustainable success.

Objectives

Our compensation policy is designed to:

• To promote sustainability by recognizing achievements that contribute to
• long-term customer value.
• To promote responsible risk-taking without encouraging
• irresponsible decisions.
• Strictly comply with laws and regulations, in line with social norms.
• To ensure equal pay, regardless of gender, age, or background.
• Attract and retain top talent through competitive compensation.

Who does this apply to?
This policy applies to all Alpina Group employees, including permanent,

temporary and agency workers.

Fixed and variable compensation

• Base pay is the core of our compensation package, based on job responsibilities, experience, and performance. A benchmark analysis is conducted annually to compare our compensation with market standards.

• Variable compensation is awarded only in exceptional cases, such as in recognition of exceptional performance. The maximum bonus percentage is capped at 20% of fixed income.

No perverse incentives

To prevent conflicts of interest and risky behavior:

• Is performance evaluated based on both financial (such as profit contribution) and non-financial criteria (such as customer satisfaction and compliance)?
• Are strict conditions applied to any bonus payments, with provisions for clawback or adjustments (penalties) if necessary?

Transparency & Accountability

The compensation policy has been made publicly available to employees and third parties. This policy is reviewed annually by the management of Alpina Group B.V. The Compliance Department monitors compliance with this policy.

August 2025 Version