Communication. Version

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1 Communication Version Version

2 Communication SPF believes that it is important to inform and to keep in touch with its members. If there are any questions, the SPF Pension Desk can be contacted on +31 (0) , from 09:00 AM to 5:00 PM Monday to Friday. Also a letter can be sent to: SPF, Postbus 6500, 6401 JH Heerlen,The Netherlands. If preferred send us an at: Info.PensioenfondsSABIC@dsm.com. But sometimes a letter, or phone call is not even necessary. If you have any questions or if you are looking for information about SPF pensions, most answers can be easily found on the website which provides a lot of pension information. Pension communication In its communication with (former) members and pensioners SPF strives to achieve the following goals: consider the fund a partner on which they can depend. are given the optimum level of encouragement and are enabled (in particular with regard to life events that affect one's pension) to assume active ownership of their pension, in light of their personal financial situation. can obtain information regarding their own personal pension situation at any moment. receive adequate support when querying pension-related issues. SPF has a number of tools to help achieve these goals. Furthermore, the pension fund contacts (former) members or pensioners in writing about all kinds of events that may have an impact on their accruals or pensions. The main tools and events will be discussed below. Pension planner A major communication tool is the online pension planner. With this planner, available on the SPF website (under Employee >> My pension), members can check how much pension they can expect to receive once they retire. The pension planner performs its calculations on the basis of the status of pension accrual and the expectations are based on the UPS issued at year-end of the preceeding calendar year. Figures presented are thus subject to changes if the participant s personal circumstances change or in the event of legislative or regulatory amendments. Therefore, the figures are mere expectations. Version

3 The planner further shows the consequences of certain choices regarding the pension, e.g.: how the pension changes when you decide to stop working a few years earlier. The planner calculates the financial consequences of any life choices being made, and visually presents the pension situation in an updated graph but also in a table and a descriptive text. There also is a net graph and data on the partner s pension available in this planning module. Starting letter The fund will be informing its members at regular intervals. New SABIC employees will receive a letter within three months of joining. This letter covers the most important components of the pension scheme. Information session In the first year as a pension fund member, new members will be invited to attend a pension information session. During this session the SPF pension will be explained in detail and any questions regarding your future pension will be answered. New employees can register for one of these meetings on the fund s website (click here). UPS Once a year the SPF members receive a statement showing the entitlements with SPF the Uniform Pension Statement (UPS). A digital UPS is available on the SPF website. It shows your actual pension savings, the annual accrual and the expected accrual in years to come. Figures are based on your actual income, the current pension scheme and the legislative and regulatory status governing your pension. Switching employers Switching employers is one of those important events to think about your pension. When leaving, your position in the pension fund changes. You used to be a member, but now become a deferred member. Occasionally you will be receiving a statement of your pension entitlements, i.e. the money the fund has deposited for your future pension.your pension capital invested in our fund may still continue to grow as the fund may decide to grant supplements (indexation). That is, if the financial position allows. If, however, you decide to transfer your SPF pension entitlements to another pension fund, that will sever the ties between you and SPF. Divorce In case of a divorce, the fund will also keep the former partner informed of his or her pension entitlements to the so-called special partner s pension and any other equalized pensions. Retirement Finally, on retirement, we will be giving notice of the amount of pension to expect each month from the state pension date and the fund will be informing its members about anything related to the pension. Version

4 Newsletter and annual report SPF keeps its members and those persons eligible for a pension abreast of any developments in the pension field. With this in mind, SPF publishes an annual report on its results. Subscription to a digital newsletter about SPF is an extra option available on our website. SPF digital Post In the My Pension area of the SPF website you can register to receive any post from SPF digitally (thick the option: SPF digital Post). When you choose this option, all pension related information will be sent to you digitally and is no longer sent to your home mail address. All documents addressed to you will be saved in the My documents box in the My Pension area. Version

5 Contact If you have any questions about your pension visit the website: or contact our Pension Desk: tel or Regulations Read more about communication in the pension regulations by clicking on the icon. Disclaimer The information provided in this brochure by Stichting Pensioenfonds SABIC, based in Sittard (the pension fund) is general, purely indicative and subject to change. It is intended only to provide members with a general view. The information provided is assumed to be reliable, but is used entirely at the user s risk. Neither the administrator (DSM Pension Services B.V.), nor the pension fund accepts any liability for damage arising from errors or omissions in the information, or for damage arising in connection with the use of, reliance on, or distribution of the information. Rights can be derived only from the pension regulations applying to the member. Version