NN Group N.V. (NN) published its 2025 Annual Report “Future Ready growth”, which is an audited, concise and balanced overview of its strategic and financial performance every year since becoming a standalone listed entity. The 2025 report marks the eleventh edition of NN’s integrated Annual Report, reflecting its continued commitment to transparency and long-term value creation.

Together with this report, NN Group published a Solvency and Financial Condition Report and a Total Tax Contribution Report.

According to the report, from a financial perspective, the performance over the year was strong. Operating capital generation increased by 9% to EUR 2.1 billion, exceeding the 2025 target. Free cash flow grew 7%, slightly ahead of the 2025 target of EUR 1.6 billion. Together with favourable market

developments, this strengthened the capital position, resulting in a Solvency II ratio of 220%.

This strong business performance, supported by solid cash and capital levels, enables NN to increase the annual share buyback programme to EUR 350 million and to propose a full‑year dividend that is 13% higher than in 2024.

“Looking at our performance, there is good reason to be proud of how we continued to fulfil our role and help people care for what matters most to them”, said David Knibbe, Chief Executive Officer. “Our focus remains firmly on building a future-ready NN. We will continue to simplify our operations, scale the use of data and AI, and deliver more seamless customer journeys across all markets”, David Knibbe added.



The report can be found here.