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Anthony Yang

Research Analyst at Goldman Sachs Group Inc.

Anthony Yang is an emerging markets financials analyst who recently joined Aberdeen from Goldman Sachs, where he specialized in the coverage of leading banks and insurers across Asia and other high-growth markets. Known for his deep expertise in financial sector equities, Yang has been recognized for delivering high-conviction, research-driven investment recommendations that have consistently contributed to strong portfolio returns. He began his career as an analyst at Goldman Sachs, establishing a reputation for in-depth stock coverage and strategic sector insights before moving to Aberdeen in mid-2025 as a key addition to their Asia Pacific equity team. Yang holds advanced professional credentials common among top equity analysts, including required securities licenses, and is praised for his analytical rigor, client engagement, and track record of effective investment calls.

Anthony Yang's questions to NN Group NV/ADR (NNGRY) leadership

Question · Q2 2023

Sought confirmation on the OCG contribution from the MetLife acquisition, asked about lapse experience in the European protection portfolio, and questioned if the group's solvency range applies to the Netherlands Life unit.

Answer

The €50 million OCG contribution from the MetLife acquisition is now expected to be achieved in 2023, a year ahead of plan. Lapse experience in the European protection portfolio has been positive, with persistency improving slightly. While the group's solvency range is 150-200%, the higher sensitivities of the Life business are a consideration for its specific operating level.

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