Corporate governance at DELA stands for prudent management, good oversight, and transparent accountability. We focus on the long-term interests of our members: costs and risks are carefully monitored and opportunities identified. In addition, our corporate culture forms an important basis for our core activities.

DELA Holding N.V. includes three principal companies: DELA Natura- en levensverzekeringen N.V. (hereinafter: DELA Natura), DELA Uitvaartverzorging N.V., and DELA Holding Belgium N.V.

Members and alternate members attend the sessions of the general meeting, which, as a rule, are held twice a year.

As the highest body of the cooperative, the general meeting has several powers under the Articles of Association, including the adoption of the financial statements, appointment and dismissal of members of the Supervisory Board and the Executive Board, and releasing the Executive Board from liability in respect of the policy implemented and the Supervisory Board in respect of the supervision exercised in the previous year. In addition, other important matters are discussed during the session of the general meeting, such as the cooperative's multi-year strategy, the business plan for the coming year, and the annual report on the previous year. Its approval is required for changes to some insurance conditions.

The general meeting appoints a confidential committee of four members from its own number. One member steps down each year in accordance with a schedule drawn up by the committee. A member who steps down can be immediately re-elected. The maximum confidential committee term is 12 years.

The confidential committee is tasked with promoting collaboration among the general meeting, the Supervisory Board, and the Executive Board within the framework of their authorities. For this purpose, it meets with the Supervisory Board and the Executive Board prior to the general meeting; it also meets with the Executive Board separately once a year.

The Supervisory Board oversees the Executive Board and advises it about objectives, strategy, risks, and laws and regulations. The Supervisory Board approves, among other things, the financial statements, budget, large investments, and the remuneration policy, nominates members of the Executive Board, and assesses the performance of the Executive Board. The Supervisory Board acts in the interest of the cooperative, carefully balances the interests of stakeholders, and works according to internal rules. In principle, members of the Supervisory Board are appointed for a term of four years. They may be reappointed for a second terms of four years and for another two terms of two years each up to a total of twelve years.

For the proper performance of its tasks, the Supervisory Board has established an audit committee, risk committee, and a remuneration and appointments committee. These committees prepare decision-making by the Supervisory Board and advise the Supervisory Board and the Executive Board. The composition of the Supervisory Board and its committees is illustrated below.

On 31 January 2026, Mrs Caderius van Veen stepped down from the Supervisory Board as her final term ended after 12 years. On that same date, Mrs Alma was appointed by the general meeting as a member of the Supervisory Board for a first term of four years.

The Executive Board consists of five group directors, where the Chief Executive Officer and Chief Financial Risk Officer are also directors of DELA Coöperatie U.A. and the main group companies as named in the Articles of Association. Other members of the Executive Board are the Chief Transformation Officer, the group director of Insurance Services and the group director of Funeral Services (position currently vacant).