(supplementary) pension landscape Program The Zwitserleven - PowerPoint PPT Presentation

The ASML (supplementary) pension landscape

Program • The Zwitserleven Feeling • Your ASML pension • Your choices • Insight in your pension • My Zwitserleven Feeling • Questions: retirement@asml.com

Het Zwitserleven Gevoel (The Zwitserleven Feeling)

Your ASML pension

The total ASML pension landscape Mandatory insurances Voluntary insurances (paid by employee) Salary above Net Pension Scheme 107k € 107,593 (2019) Salary Supplementary above One-off Pension Scheme BPF max ANW payment in Additional shortfall case of € 74,327 savings insurance death (2019) Salary up PME Pension Scheme to BPF max € 14,554 (2019 ) AOW Threshold 5

Your pension capital Due to increasing contributions and the net return on investments, the pension capital will increase Retirement date On the retirement date, the amount of money is converted into a Employee lifetime benefit 68 21 6

Your pension premium Supplementary pension scheme Defined contribution: Pension base X Premium % Percentage of Age pension base 2019 21 - 24 year 7.7% 25 - 29 year 8.9% 30 - 34 year 10.4% 35 - 39 year 12.0% 40 - 44 year 14.0% 45 - 49 year 16.3% 50 - 54 year 19.0% 55 - 59 year 22.3% 60 - 64 year 26.5% From age 65 30.6% Your own contribution is 3.9% of the gross pension base

Example € 90,000 Salary: Pension base: € 90,000 - € 74,327 = € 15,673 Age: 40 Yearly premium to invest: € 15,673 * 14,0%= € 2,194 Possible: bonus as additional saving 8

Your pension premium Net pension scheme Defined contribution: Pension base X Premium % Percentage of Age pension base 2019 21 - 24 year 3.47% 25 - 29 year 4.01% 30 - 34 year 4.68% 35 - 39 year 5.40% 40 - 44 year 6.30% 45 - 49 year 7.34% 50 - 54 year 8.55% 55 - 59 year 10.04% 60 - 64 year 11.93% From age 65 13.77% Your own contribution is 1.87% of the net pension base

Your surviving dependents pension • Partner pension • Supplementary pension scheme • 1.313% X Pension base X years of service up to retirement date • Net pension scheme • 0.63% X Pension base X years of service up to retirement date • Orphans pension • Supplementary and Net pension scheme • 20% of the Partner Pension (until age 18, until age 27 if the child studies)

Example € 90,000 Salary: Pension base: € 90,000 - € 74,327 = € 15,673 Age on date when starting service: 38 Retirement age : 68 Years of service : 30 years Partner pension: 1,313% * € 15,673 * 30 = € 6,174 Orphans pension: 20% * € 6,174 = € 1,235 11

Your surviving dependents pension Leaving ASML? You need to decide: Partner pension • Yes? Premium will be deducted from your accumilated capital • No? No premium is due, so you will get a higher pension capital. You will receive a letter from Zwitserleven to make your choice.

Your surviving dependents pension Voluntary insurances: • ANW shortfall insurance • Insured at ElipsLife ( € 15,496 gross per year) • One off payment in case of death • 100%, 200% or 300% of your gross annual salary • Only as long as you are employed by ASML Use the calculator on Zwitserleven page (www.zwitserleven.nl/asml) to calculate costs of these voluntary insurances

Disability and your pension If you become disabled, your pension will still be built up as if you are still employed When you are disabled, your pension will still be built up as if you are still employed You are entitled to a supplement of your WIA allowance for the part of your salary higher than € 55,927

Your choices

Your choices 1. Your voluntary insurances 2. Your investments 3. Your pension date 4. Your choices on pension date

1. Your voluntary insurances Go to: www.zwitserleven.nl/asml Please scan the completed form and send it to: employee.benefits.administration@asml.com

2. Your investments Our sustainable investment policy. For a world worth living in. • Exclusions • Positive selection • Engagement • Using our right to vote • Sustainability integral part of the investment process

Phases of investing Select Fund Global Equity Fund Gov’t Bonds Gov’t Bonds Credits Fund Long duration

Phase 1: Three ways to invest 20 20

Profiel Beleggen Horizon Beleggen (default) Select Fund Profiel Beleggen Profiel Beleggen Global Equity Fund Gov’t Bonds Gov’t Bonds Credits Fund Long duration Years until retirement

Phase 2: De-risking

Phase 3: Receiving pension

Planning communication ASML employees in the supplementary pension scheme: • A personal letter when you are 15.5 years before your retirement date • Information will be provided on your personal portal; • Information about continued investing • By answering a questionnaire your personal investment profile will be generated • Possibility to apply your choice directly

3. Your pension date • What is your pension date? AOW state pension Pension agreement The Netherlands • You are in the lead about your pension date of the ASML scheme at Zwitserleven • Flexible retirement date between 55 and AOW+5 years

4. Your choices on your pension date You have more to choose! Think about: • Fixed or flexible pension • Retirement pension and partner pension or only retirement pension • High-low pension (100:75) • 10% pay off (Pension agreement!?) • Shop with your capital

4. Your choices on your pension date Online portal, buying pensions (Q4 2019)

Insight in your pension

Werknemerscommunicatie Planning your pension (websites) Intranet ASML

Werknemerscommunicatie Planning your pension (websites) Personal pension portal ASML Landingpage ‘Mijn Zwitserleven’ +

Werknemerscommunicatie ASML Landingpage (www.zwitserleven.nl/ASML) • Explanation of the ASML pension scheme • Calculator for volantary insurances • Forms / translations • Recent information • Instruction videos

Personal Pension Portal (www.zwitserleven.nl/mijnzl) • Direct insight in your pension • Overview of your pension value • Expected pension at retirement • Partners’ Pension overview • Change your investment choice • Digital documents file • Log in with your DigiD • Pension planner

Personal Pension Portal (www.zwitserleven.nl/mijnzl)

Personal Pension Portal (www.zwitserleven.nl/mijnzl) Navigation menu Total value Details for information about your pension scheme Press-button for indication of pensions

Personal Pension Portal (www.zwitserleven.nl/mijnzl) Click at investment fund for more information Hier beleggingen aanpassen Vul vragen in voor je beleggersprofiel

Personal Pension Portal (www.zwitserleven.nl/mijnzl)

Personal Pension Portal (www.zwitserleven.nl/mijnzl)

Personal Pension Portal (www.zwitserleven.nl/mijnzl)

Personal Pension Portal (www.zwitserleven.nl/mijnzl)

Take action! • Your Choices 1. Your voluntary insurances: Go to www.Zwitserleven.nl/ASML 2. Your investments: Go to www.zwitserleven.nl/mijnzl Your pension date: You’ll receive a letter 3. Your choices on your pension date: You’ll receive a letter 4. • Insight in your pension Go to www.zwitserleven.nl/mijnzl

The employee service desk for all your questions • For questions regarding your pension at Zwitserleven, you can call (020) 347 88 94 (single point of contact). They are there for you. • For questions regarding your pension at PME, please contact the PME Service Desk: 088 – 007 98 00

Thanks for your attention!

My Zwitserleven Feeling